Anglogold Ashanti Limited Stock Technical Analysis
| AULGFDelisted Stock | USD 15.90 0.11 0.69% |
As of the 25th of April, AngloGold Ashanti shows the mean deviation of 2.16, and Risk Adjusted Performance of (0.03). AngloGold Ashanti technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for AngloGold Ashanti Limited, which can be compared to its peers. Please confirm AngloGold Ashanti variance, as well as the relationship between the maximum drawdown and skewness to decide if AngloGold Ashanti is priced correctly, providing market reflects its regular price of 15.9 per share. Given that AngloGold Ashanti has information ratio of (0.08), we suggest you to validate AngloGold Ashanti Limited's prevailing market performance to make sure the company can sustain itself at a future point.
AngloGold Ashanti Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as AngloGold, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AngloGoldAngloGold |
AngloGold Ashanti technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
AngloGold Ashanti Technical Analysis
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.
AngloGold Ashanti Trend Analysis
Use this graph to draw trend lines for AngloGold Ashanti Limited. You can use it to identify possible trend reversals for AngloGold Ashanti as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual AngloGold Ashanti price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.AngloGold Ashanti Best Fit Change Line
The following chart estimates an ordinary least squares regression model for AngloGold Ashanti Limited applied against its price change over selected period. The best fit line has a slop of 0.02 , which means AngloGold Ashanti Limited will continue generating value for investors. It has 122 observation points and a regression sum of squares at 12.35, which is the sum of squared deviations for the predicted AngloGold Ashanti price change compared to its average price change.About AngloGold Ashanti Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of AngloGold Ashanti Limited on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of AngloGold Ashanti Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on AngloGold Ashanti price pattern first instead of the macroeconomic environment surrounding AngloGold Ashanti. By analyzing AngloGold Ashanti's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of AngloGold Ashanti's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to AngloGold Ashanti specific price patterns or momentum indicators. Please read more on our technical analysis page.
AngloGold Ashanti April 25, 2024 Technical Indicators
Most technical analysis of AngloGold help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for AngloGold from various momentum indicators to cycle indicators. When you analyze AngloGold charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | 0.5658 | |||
| Mean Deviation | 2.16 | |||
| Coefficient Of Variation | (1,634) | |||
| Standard Deviation | 4.16 | |||
| Variance | 17.33 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.83) | |||
| Treynor Ratio | 0.5558 | |||
| Maximum Drawdown | 23.86 | |||
| Value At Risk | (5.16) | |||
| Potential Upside | 5.26 | |||
| Skewness | (1.18) | |||
| Kurtosis | 10.18 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the AngloGold Ashanti information on this page should be used as a complementary analysis to other AngloGold Ashanti's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Other Consideration for investing in AngloGold Pink Sheet
If you are still planning to invest in AngloGold Ashanti check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the AngloGold Ashanti's history and understand the potential risks before investing.
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