Angang Steel's market value is the price at which a share of Angang Steel trades on a public exchange. It measures the collective expectations of Angang Steel investors about its performance. Angang Steel is trading at 0.26 as of the 12th of December 2025. This is a 10.34 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.26. With this module, you can estimate the performance of a buy and hold strategy of Angang Steel and determine expected loss or profit from investing in Angang Steel over a given investment horizon. Check out Angang Steel Correlation, Angang Steel Volatility and Angang Steel Alpha and Beta module to complement your research on Angang Steel.
Please note, there is a significant difference between Angang Steel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Angang Steel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Angang Steel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Angang Steel '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 Angang Steel'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 Angang Steel.
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09/13/2025
No Change 0.00
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In 3 months and 1 day
12/12/2025
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If you would invest 0.00 in Angang Steel on September 13, 2025 and sell it all today you would earn a total of 0.00 from holding Angang Steel or generate 0.0% return on investment in Angang Steel over 90 days. Angang Steel is related to or competes with JFE Holdings, Norsk Hydro, Norsk Hydro, Nippon Sanso, CEMEX SAB, Boliden AB, and Covestro ADR. Angang Steel Company Limited engages in the production, processing, and sale of steel products in the Peoples Republic o... More
Angang Steel 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 Angang Steel'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 Angang Steel upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Angang Steel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Angang Steel's standard deviation. In reality, there are many statistical measures that can use Angang Steel historical prices to predict the future Angang Steel's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Angang Steel. Your research has to be compared to or analyzed against Angang Steel's peers to derive any actionable benefits. When done correctly, Angang Steel's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Angang Steel.
Angang Steel Backtested Returns
Angang Steel secures Sharpe Ratio (or Efficiency) of -0.0197, which signifies that the company had a -0.0197 % return per unit of standard deviation over the last 3 months. Angang Steel exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Angang Steel's risk adjusted performance of (0.01), and Mean Deviation of 0.7689 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Angang Steel's returns are expected to increase less than the market. However, during the bear market, the loss of holding Angang Steel is expected to be smaller as well. At this point, Angang Steel has a negative expected return of -0.0646%. Please make sure to confirm Angang Steel's variance and the relationship between the total risk alpha and day typical price , to decide if Angang Steel performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.64
Very good reverse predictability
Angang Steel has very good reverse predictability. Overlapping area represents the amount of predictability between Angang Steel time series from 13th of September 2025 to 28th of October 2025 and 28th of October 2025 to 12th of December 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 Angang Steel price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Angang Steel price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.64
Spearman Rank Test
-0.14
Residual Average
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Price Variance
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Angang Steel lagged returns against current returns
Autocorrelation, which is Angang Steel 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 Angang Steel's pink sheet expected returns. We can calculate the autocorrelation of Angang Steel returns to help us make a trade decision. For example, suppose you find that Angang Steel 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
Angang Steel 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 Angang Steel pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Angang Steel pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Angang Steel pink sheet over time.
Current vs Lagged Prices
Timeline
Angang Steel Lagged Returns
When evaluating Angang Steel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Angang Steel pink sheet have on its future price. Angang Steel 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, Angang Steel autocorrelation shows the relationship between Angang Steel pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Angang Steel.
Other Information on Investing in Angang Pink Sheet
Angang Steel financial ratios help investors to determine whether Angang 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 Angang with respect to the benefits of owning Angang Steel security.