Argo Blockchain Financials
| ARBKL Stock | USD 6.79 0.01 0.15% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Debt Equity Ratio | 415 | 396 |
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| Current Ratio | 0.51 | 0.541 |
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Argo | Select Account or Indicator |
Understanding current and past Argo Blockchain Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Argo Blockchain's financial statements are interrelated, with each one affecting the others. For example, an increase in Argo Blockchain's assets may result in an increase in income on the income statement.
Argo Blockchain Stock Summary
Argo Blockchain competes with Greenidge Generation, Harrow Health, Fossil Group, and Atlanticus Holdings. Argo Blockchain is entity of United States. It is traded as Stock on NASDAQ exchange.| Instrument | USA Stock View All |
| Exchange | NASDAQ Exchange |
| CUSIP | 040126203 |
| Industry | Business Services |
| Benchmark | Dow Jones Industrial |
| Currency | USD - US Dollar |
Argo Blockchain plc Systematic Risk
Argo Blockchain's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Argo Blockchain 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 output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Argo Blockchain plc correlated with the market. If Beta is less than 0 Argo Blockchain generally moves in the opposite direction as compared to the market. If Argo Blockchain Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Argo Blockchain plc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Argo Blockchain is generally in the same direction as the market. If Beta > 1 Argo Blockchain moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Argo Blockchain Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Argo Blockchain's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Argo Blockchain growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
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Argo Blockchain December 14, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Argo Blockchain help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Argo Blockchain plc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Argo Blockchain plc based on widely used predictive technical indicators. In general, we focus on analyzing Argo Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Argo Blockchain's daily price indicators and compare them against related drivers.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 25.31 | |||
| Value At Risk | (5.65) | |||
| Potential Upside | 4.13 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Argo Blockchain plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Business Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Argo Blockchain. If investors know Argo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Argo Blockchain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Argo Blockchain plc is measured differently than its book value, which is the value of Argo that is recorded on the company's balance sheet. Investors also form their own opinion of Argo Blockchain's value that differs from its market value or its book value, called intrinsic value, which is Argo Blockchain'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 Argo Blockchain's market value can be influenced by many factors that don't directly affect Argo Blockchain'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 Argo Blockchain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Argo Blockchain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Argo Blockchain'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.