Argo Group 65 Stock Price on November 30, 2023

ARGD Stock  USD 21.68  0.08  0.37%   
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 21.68, as last reported on the 20th of December, with the highest price reaching 21.71 and the lowest price hitting 21.60 during the day.
IPO Date
7th of May 2018
200 Day MA
22.2507
50 Day MA
22.1858
 
Yuan Drop
 
Covid
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 -0.0364, which signifies that the company had a -0.0364% return per unit of standard deviation over the last 3 months. Argo Group 65 exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Argo Group's mean deviation of 0.5385, and Risk Adjusted Performance of (0.01) 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.

Sharpe Ratio = -0.0364

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Negative ReturnsARGD

Estimated Market Risk

 0.65
  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 30th of November 2023

AM Best has maintained the under review with developing implications status for the Long-Term Issuer Credit Rating of bbb- an

Argo Group Valuation on November 30, 2023

It is possible to determine the worth of Argo Group on a given historical date. On November 30, 2023 Argo was worth 20.55 at the beginning of the trading date compared to the closed value of 21.26. 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
  20.27    20.57    20.27    20.42    3,033  
11/30/2023
  20.55    21.46    20.29    21.26    48,641  
  21.14    21.24    21.07    21.07    13,301  
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Open Value
20.55
21.26
Closing Value
22.51
Upside

Argo Group Trading Date Momentum on November 30, 2023

On December 01 2023 Argo Group 65 was traded for  21.07  at the closing time. The top price for the day was 21.24  and the lowest listed price was  21.07 . The trading volume for the day was 13.3 K. The trading history from December 1, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.89% . The overall trading delta against the current closing price is 1.98% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding31.5 M26.7 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.
A focus of Argo Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Argo Group trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Argo Group Period Price Range

Low
December 20, 2024
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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.

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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