Argan Inc Stock Market Value
| AGX Stock | USD 113.50 1.34 1.17% |
| Symbol | Argan |
Argan Inc Price To Book Ratio
Is Construction & Engineering 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 Argan. If investors know Argan 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 Argan listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 4 | Dividend Share 1.275 | Earnings Share 4.8 | Revenue Per Share | Quarterly Revenue Growth 0.569 |
The market value of Argan Inc is measured differently than its book value, which is the value of Argan that is recorded on the company's balance sheet. Investors also form their own opinion of Argan's value that differs from its market value or its book value, called intrinsic value, which is Argan'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 Argan's market value can be influenced by many factors that don't directly affect Argan'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 Argan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Argan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Argan'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.
Argan 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Argan's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Argan.
| 12/14/2024 |
| 03/14/2025 |
If you would invest 0.00 in Argan on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding Argan Inc or generate 0.0% return on investment in Argan over 90 days. Argan is related to or competes with Arcosa, Construction Partners, Topbuild Corp, Comfort Systems, Ameresco, Tutor Perini, and Granite Construction. Argan, Inc., through its subsidiaries, provides engineering, procurement, construction, commissioning, operations manage... More
Argan Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Argan's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Argan Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 26.19 | |||
| Value At Risk | (6.72) | |||
| Potential Upside | 6.51 |
Argan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Argan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Argan's standard deviation. In reality, there are many statistical measures that can use Argan historical prices to predict the future Argan's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | 0.4663 | |||
| Treynor Ratio | (0.27) |
Argan Inc Backtested Returns
Argan Inc secures Sharpe Ratio (or Efficiency) of -0.0655, which signifies that the company had a -0.0655 % return per unit of standard deviation over the last 3 months. Argan Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Argan's risk adjusted performance of (0.05), and Mean Deviation of 3.23 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.15, which signifies a somewhat significant risk relative to the market. Argan returns are very sensitive to returns on the market. As the market goes up or down, Argan is expected to follow. At this point, Argan Inc has a negative expected return of -0.31%. Please make sure to confirm Argan's treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Argan Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.4 |
Poor reverse predictability
Argan Inc has poor reverse predictability. Overlapping area represents the amount of predictability between Argan time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Argan Inc price movement. The serial correlation of -0.4 indicates that just about 40.0% of current Argan price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 165.48 |
Argan Inc lagged returns against current returns
Autocorrelation, which is Argan stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Argan's stock expected returns. We can calculate the autocorrelation of Argan returns to help us make a trade decision. For example, suppose you find that Argan has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Argan regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Argan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Argan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Argan stock over time.
Current vs Lagged Prices |
| Timeline |
Argan Lagged Returns
When evaluating Argan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Argan stock have on its future price. Argan autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Argan autocorrelation shows the relationship between Argan stock current value and its past values and can show if there is a momentum factor associated with investing in Argan Inc.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Argan Stock Analysis
When running Argan's price analysis, check to measure Argan'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 Argan is operating at the current time. Most of Argan's value examination focuses on studying past and present price action to predict the probability of Argan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Argan's price. Additionally, you may evaluate how the addition of Argan to your portfolios can decrease your overall portfolio volatility.