Argo Group 65 Stock Price on May 2, 2024
ARGD Stock | USD 21.60 0.27 1.23% |
Below is the normalized historical share price chart for Argo Group 65 extending back to September 25, 2012. 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 Argo Group stands at 21.60, as last reported on the 20th of December, with the highest price reaching 21.71 and the lowest price hitting 21.50 during the day.
If you're considering investing in Argo Stock, it is important to understand the factors that can impact its price. Argo Group 65 secures Sharpe Ratio (or Efficiency) of -0.0367, which signifies that the company had a -0.0367% return per unit of standard deviation over the last 3 months. Argo Group 65 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Argo Group's risk adjusted performance of (0.01), and Mean Deviation of 0.5385 to double-check the risk estimate we provide.
At present, Argo Group's Common Stock is projected to increase significantly based on the last few years of reporting. The current year's Sale Purchase Of Stock is expected to grow to about 176.1 M, whereas Liabilities And Stockholders Equity is forecasted to decline to about 7.1 B. . At present, Argo Group's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 74.99, whereas Price Earnings Ratio is projected to grow to (4.13). Argo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 7th of May 2018 | 200 Day MA 22.2507 | 50 Day MA 22.1858 |
Argo |
Sharpe Ratio = -0.0367
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Estimated Market Risk
0.66 actual daily | 5 95% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Argo Group 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 Argo Group by adding Argo Group to a well-diversified portfolio.
Argo Group Main Headline on 2nd of May 2024
Argo Group Full Year 2023 Earnings US0.37 loss per share by simplywall.st
Argo Group Full Year 2023 Results Key Financial Results Revenue US3.05m . Net loss...
Argo Group Valuation on May 2, 2024
It is possible to determine the worth of Argo Group on a given historical date. On May 2, 2024 Argo was worth 20.54 at the beginning of the trading date compared to the closed value of 20.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Argo Group stock. Still, in general, we apply an absolute valuation method to find Argo Group's 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 Argo Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Argo Group's related companies.
Open | High | Low | Close | Volume | |
20.22 | 20.61 | 20.05 | 20.45 | 6,005 | |
05/02/2024 | 20.54 | 20.83 | 20.49 | 20.65 | 2,468 |
20.78 | 21.12 | 20.77 | 20.95 | 3,786 |
Backtest Argo Group | | | Argo Group History | | | Argo Group Valuation | Previous | Next |
Argo Group Trading Date Momentum on May 2, 2024
On May 03 2024 Argo Group 65 was traded for 20.95 at the closing time. The top price for the day was 21.12 and the lowest listed price was 20.77 . The trading volume for the day was 3.8 K. The trading history from May 3, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 1.45% . The overall trading delta against the current closing price is 0.10% . |
Argo Group 65 Fundamentals Correlations and Trends
By evaluating Argo Group's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Argo Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Argo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Argo Group Stock history
Argo Group 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 Argo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Argo Group 65 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 Argo Group stock prices may prove useful in developing a viable investing in Argo Group
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 31.5 M | 26.7 M | |
Net Loss | -52.8 M | -50.2 M |
Argo Group Stock Technical Analysis
Argo Group 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
Argo Group Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Argo Group 65 cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Argo Group December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Argo Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Argo Group shares will generate the highest return on investment. By undertsting and applying Argo Group stock market strength indicators, traders can identify Argo Group 65 entry and exit signals to maximize returns
Argo Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Argo Group's price direction in advance. Along with the technical and fundamental analysis of Argo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Argo 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 | (0.01) | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.04) | |||
Treynor Ratio | (0.24) |
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Volume Indicators |
Complementary Tools for Argo Stock analysis
When running Argo Group's price analysis, check to measure Argo Group's 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 Argo Group is operating at the current time. Most of Argo Group's value examination focuses on studying past and present price action to predict the probability of Argo Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Argo Group's price. Additionally, you may evaluate how the addition of Argo Group to your portfolios can decrease your overall portfolio volatility.
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