Anglo American Stock Forecast - Accumulation Distribution

Anglo Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Anglo American stock prices and determine the direction of Anglo American plc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Anglo American's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On November 13, 2024 Anglo American plc had Accumulation Distribution of 0. The accumulation distribution (A/D) indicator shows the degree to which Anglo American is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Anglo American plc to determine if accumulation or reduction is taking place in the market. This value is adjusted by Anglo American trading volume to give more weight to distributions with higher volume over lower volume.
Check Anglo American VolatilityBacktest Anglo AmericanInformation Ratio  
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
Compare Anglo American to competition

Anglo American Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Anglo American stock to make a market-neutral strategy. Peer analysis of Anglo American could also be used in its relative valuation, which is a method of valuing Anglo American by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Other Tools for Anglo Stock

When running Anglo American's price analysis, check to measure Anglo American's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Anglo American is operating at the current time. Most of Anglo American's value examination focuses on studying past and present price action to predict the probability of Anglo American's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Anglo American's price. Additionally, you may evaluate how the addition of Anglo American to your portfolios can decrease your overall portfolio volatility.
Commodity Directory
Find actively traded commodities issued by global exchanges
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum