Argent Mid Financials
| AMID Etf | USD 36.16 0.26 0.71% |
Net Expense Ratio 0.0052 |
Argent |
The data published in Argent Mid's official financial statements typically reflect Argent Mid's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Argent Mid's quantitative information. For example, before you start analyzing numbers published by Argent accountants, it's essential to understand Argent Mid's liquidity, profitability, and earnings quality within the context of the Argent space in which it operates.
Please note, the presentation of Argent Mid's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Argent Mid's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Argent Mid's management manipulating its earnings.
Argent Mid Etf Summary
Argent Mid competes with NGL Energy, Martin Midstream, and Delek Logistics. The fund is an actively managed ETF that seeks to achieve its investment objective by investing in the equity securities of mid-capitalization companies i.e., companies with market capitalizations in the range of the Russell MidCap Index that the Sub-Adviser believes are undergoing positive internal andor external change. Argent Mid is traded on NASDAQ Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NASDAQ Exchange |
| ISIN | US02072L8393 |
| CUSIP | 02072L839 |
| Region | North America |
| Investment Issuer | Argent Capital |
| Location | Pennsylvania; U.S.A |
| Business Address | 19 East Eagle |
| Etf Family | Argent |
| Fund Category | Size and Style |
| Portfolio Concentration | Mid Cap |
| Benchmark | Dow Jones Industrial |
| Website | www.3cmidstream.com |
| Phone | NA |
| Currency | USD - US Dollar |
Argent Mid Key Financial Ratios
Argent Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Argent Mid's current stock value. Our valuation model uses many indicators to compare Argent Mid value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Argent Mid competition to find correlations between indicators driving Argent Mid's intrinsic value. More Info.Argent Mid Cap is the top ETF in one year return as compared to similar ETFs. It also is the top ETF in net asset as compared to similar ETFs making up about 800,000 of Net Asset per One Year Return. Comparative valuation analysis is a catch-all technique that is used if you cannot value Argent Mid by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Argent Mid Cap Systematic Risk
Argent Mid's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Argent Mid volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Argent Mid Cap correlated with the market. If Beta is less than 0 Argent Mid generally moves in the opposite direction as compared to the market. If Argent Mid Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Argent Mid Cap is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Argent Mid is generally in the same direction as the market. If Beta > 1 Argent Mid moves generally in the same direction as, but more than the movement of the benchmark.
About Argent Mid Financials
What exactly are Argent Mid Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Argent Mid's income statement, its balance sheet, and the statement of cash flows. Potential Argent Mid investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Argent Mid investors may use each financial statement separately, they are all related. The changes in Argent Mid's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Argent Mid's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Argent Mid Thematic Clasifications
Argent Mid Cap is part of several thematic ideas from Size And Style ETFs to Mid Cap ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasArgent Mid December 13, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Argent Mid help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Argent Mid Cap. We use our internally-developed statistical techniques to arrive at the intrinsic value of Argent Mid Cap based on widely used predictive technical indicators. In general, we focus on analyzing Argent Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Argent Mid's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.7762 | |||
| Information Ratio | 0.0047 | |||
| Maximum Drawdown | 5.47 | |||
| Value At Risk | (1.11) | |||
| Potential Upside | 1.72 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Argent Mid Cap. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
The market value of Argent Mid Cap is measured differently than its book value, which is the value of Argent that is recorded on the company's balance sheet. Investors also form their own opinion of Argent Mid's value that differs from its market value or its book value, called intrinsic value, which is Argent Mid's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Argent Mid's market value can be influenced by many factors that don't directly affect Argent Mid's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Argent Mid's value and its price as these two are different measures arrived at by different means. Investors typically determine if Argent Mid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Argent Mid'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.