Argosy Minerals (Australia) Price on November 6, 2023
| AGY Stock | 0.03 0 3.70% |
Below is the normalized historical share price chart for Argosy Minerals extending back to June 10, 1997. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Argosy Minerals stands at 0.03, as last reported on the 27th of December, with the highest price reaching 0.03 and the lowest price hitting 0.03 during the day.
If you're considering investing in Argosy Stock, it is important to understand the factors that can impact its price. Argosy Minerals secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of standard deviation over the last 3 months. Argosy Minerals exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Argosy Minerals' risk adjusted performance of (0.07), and Mean Deviation of 2.83 to double-check the risk estimate we provide.
At this time, Argosy Minerals' Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 1.5 B in 2024, whereas Capital Stock is likely to drop slightly above 125.9 M in 2024. . Argosy Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0721 | 50 Day MA 0.0337 | Beta 1.334 |
Argosy |
Sharpe Ratio = -0.1151
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | AGY |
Estimated Market Risk
| 3.63 actual daily | 32 68% of assets are more volatile |
Expected Return
| -0.42 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Argosy Minerals is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Argosy Minerals by adding Argosy Minerals to a well-diversified portfolio.
Price Book 2.0053 | Book Value 0.014 | Enterprise Value 29.7 M | Enterprise Value Ebitda 191.7549 | Price Sales 44.9151 |
Argosy Minerals Valuation on November 6, 2023
It is possible to determine the worth of Argosy Minerals on a given historical date. On November 6, 2023 Argosy was worth 0.17 at the beginning of the trading date compared to the closed value of 0.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Argosy Minerals stock. Still, in general, we apply an absolute valuation method to find Argosy Minerals' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Argosy Minerals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Argosy Minerals' related companies.
| Open | High | Low | Close | Volume | |
| 0.17 | 0.18 | 0.17 | 0.17 | 5,297,866 | |
11/06/2023 | 0.17 | 0.18 | 0.17 | 0.18 | 2,167,952 |
| 0.17 | 0.18 | 0.17 | 0.17 | 2,443,680 |
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Argosy Minerals Trading Date Momentum on November 6, 2023
| On November 07 2023 Argosy Minerals was traded for 0.17 at the closing time. The maximum traded price for the trading interval was 0.18 and the lowest daily price was 0.17 . The daily volume was recorded at 2.4 M. The volume of trading on 7th of November 2023 played a part in the next trading day price drop. The overall trading delta to the next closing price was 5.56% . The overall trading delta to the closing price today is 11.11% . |
Argosy Minerals Fundamentals Correlations and Trends
By evaluating Argosy Minerals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Argosy Minerals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Argosy financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Argosy Minerals Stock history
Argosy Minerals investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Argosy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Argosy Minerals will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Argosy Minerals stock prices may prove useful in developing a viable investing in Argosy Minerals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.4 B | 1.5 B | |
| Net Loss | -202.1 K | -212.2 K |
Argosy Minerals Quarterly Net Working Capital |
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Argosy Minerals Stock Technical Analysis
Argosy Minerals technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Argosy Minerals Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Argosy Minerals cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Argosy Minerals December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Argosy Minerals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Argosy Minerals shares will generate the highest return on investment. By undertsting and applying Argosy Minerals stock market strength indicators, traders can identify Argosy Minerals entry and exit signals to maximize returns
Argosy Minerals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Argosy Minerals' price direction in advance. Along with the technical and fundamental analysis of Argosy Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Argosy to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.40) | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | (0.50) |
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Additional Tools for Argosy Stock Analysis
When running Argosy Minerals' price analysis, check to measure Argosy Minerals' 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 Argosy Minerals is operating at the current time. Most of Argosy Minerals' value examination focuses on studying past and present price action to predict the probability of Argosy Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Argosy Minerals' price. Additionally, you may evaluate how the addition of Argosy Minerals to your portfolios can decrease your overall portfolio volatility.