Antofagasta Plc Stock Market Value
| ANFGF Stock | USD 23.28 0.05 0.22% |
| Symbol | Antofagasta |
Antofagasta PLC 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Antofagasta PLC's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Antofagasta PLC.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Antofagasta PLC on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Antofagasta PLC or generate 0.0% return on investment in Antofagasta PLC over 90 days. Antofagasta PLC is related to or competes with Arizona Sonoran, Copper Fox, Copperbank Resources, First Quantum, Southern Copper, Amerigo Resources, and Capstone Copper. It operates through Los Pelambres, Centinela, Antucoya, Zaldvar, Exploration and Evaluation, and Transport Division segm... More
Antofagasta PLC Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Antofagasta PLC's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Antofagasta PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.12 | |||
| Information Ratio | 0.0964 | |||
| Maximum Drawdown | 16.79 | |||
| Value At Risk | (4.50) | |||
| Potential Upside | 6.52 |
Antofagasta PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Antofagasta PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Antofagasta PLC's standard deviation. In reality, there are many statistical measures that can use Antofagasta PLC historical prices to predict the future Antofagasta PLC's volatility.| Risk Adjusted Performance | 0.0603 | |||
| Jensen Alpha | 0.2306 | |||
| Total Risk Alpha | 0.5175 | |||
| Sortino Ratio | 0.0872 | |||
| Treynor Ratio | 0.265 |
Antofagasta PLC Backtested Returns
Antofagasta PLC appears to be not too volatile, given 3 months investment horizon. Antofagasta PLC secures Sharpe Ratio (or Efficiency) of 0.0896, which signifies that the company had a 0.0896 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Antofagasta PLC, which you can use to evaluate the volatility of the firm. Please makes use of Antofagasta PLC's Mean Deviation of 1.61, downside deviation of 3.12, and Risk Adjusted Performance of 0.0603 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Antofagasta PLC holds a performance score of 7. The firm shows a Beta (market volatility) of 0.62, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Antofagasta PLC's returns are expected to increase less than the market. However, during the bear market, the loss of holding Antofagasta PLC is expected to be smaller as well. Please check Antofagasta PLC's expected short fall, day typical price, and the relationship between the potential upside and daily balance of power , to make a quick decision on whether Antofagasta PLC's price patterns will revert.
Auto-correlation | 0.46 |
Average predictability
Antofagasta PLC has average predictability. Overlapping area represents the amount of predictability between Antofagasta PLC time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Antofagasta PLC price movement. The serial correlation of 0.46 indicates that about 46.0% of current Antofagasta PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.72 |
Antofagasta PLC lagged returns against current returns
Autocorrelation, which is Antofagasta PLC pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Antofagasta PLC's pink sheet expected returns. We can calculate the autocorrelation of Antofagasta PLC returns to help us make a trade decision. For example, suppose you find that Antofagasta PLC has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Antofagasta PLC regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Antofagasta PLC pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Antofagasta PLC pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Antofagasta PLC pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Antofagasta PLC Lagged Returns
When evaluating Antofagasta PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Antofagasta PLC pink sheet have on its future price. Antofagasta PLC autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Antofagasta PLC autocorrelation shows the relationship between Antofagasta PLC pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Antofagasta PLC.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Antofagasta Pink Sheet
Antofagasta PLC financial ratios help investors to determine whether Antofagasta Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Antofagasta with respect to the benefits of owning Antofagasta PLC security.