AngloGold Ashanti Pink Sheet Forecast - Daily Balance Of Power
| AULGFDelisted Stock | USD 15.90 0.11 0.69% |
AngloGold Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast AngloGold Ashanti stock prices and determine the direction of AngloGold Ashanti Limited's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of AngloGold Ashanti's historical fundamentals, such as revenue growth or operating cash flow patterns.
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. AngloGold |
Most investors in AngloGold Ashanti cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the AngloGold Ashanti's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets AngloGold Ashanti's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of AngloGold Ashanti Limited market sensitivity to bulls and bears. It estimates the ability of AngloGold Ashanti buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring AngloGold Ashanti Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.19) | (0.19) |
| Check AngloGold Ashanti Volatility | Backtest AngloGold Ashanti | Information Ratio |
AngloGold Ashanti Trading Date Momentum
| On April 30 2024 AngloGold Ashanti Limited was traded for 15.90 at the closing time. The highest daily price throughout the period was 16.22 and the lowest price was 15.65 . There was no trading activity during the period 0.0. Lack of trading volume on 04/30/2024 did not affect price variability. The overall trading delta to current closing price is 0.69% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
Compare AngloGold Ashanti to competition
View AngloGold Ashanti Related Equities
| Risk & Return | Correlation |
AngloGold Ashanti Market Strength Events
Market strength indicators help investors to evaluate how AngloGold Ashanti pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AngloGold Ashanti shares will generate the highest return on investment. By undertsting and applying AngloGold Ashanti pink sheet market strength indicators, traders can identify AngloGold Ashanti Limited entry and exit signals to maximize returns.
AngloGold Ashanti Risk Indicators
The analysis of AngloGold Ashanti's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in AngloGold Ashanti's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting anglogold pink sheet prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.16 | |||
| Standard Deviation | 4.16 | |||
| Variance | 17.33 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards AngloGold Ashanti in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, AngloGold Ashanti's short interest history, or implied volatility extrapolated from AngloGold Ashanti options trading.
Pair Trading with AngloGold Ashanti
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AngloGold Ashanti position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AngloGold Ashanti will appreciate offsetting losses from the drop in the long position's value.Moving against AngloGold Pink Sheet
| 0.68 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.52 | PPERF | Bank Mandiri Persero | PairCorr |
The ability to find closely correlated positions to AngloGold Ashanti could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AngloGold Ashanti when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AngloGold Ashanti - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AngloGold Ashanti Limited to buy it.
The correlation of AngloGold Ashanti is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AngloGold Ashanti moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AngloGold Ashanti moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AngloGold Ashanti can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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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