Argo Group 65 Stock Market Value
| ARGD Stock | USD 21.73 0.08 0.37% |
| Symbol | Argo |
Is Oil & Gas Exploration & Production 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 Group. 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 Group 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 Group 65 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 Group's value that differs from its market value or its book value, called intrinsic value, which is Argo Group'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 Group's market value can be influenced by many factors that don't directly affect Argo Group'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 Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Argo Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Argo Group'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.
Argo Group '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 Argo Group'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 Argo Group.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Argo Group on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Argo Group 65 or generate 0.0% return on investment in Argo Group over 90 days. Argo Group is related to or competes with Brighthouse Financial, American Financial, CMS Energy, Aegon Funding, and Reinsurance Group. More
Argo Group 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 Argo Group'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 Argo Group 65 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7421 | |||
| Information Ratio | 0.1594 | |||
| Maximum Drawdown | 4.4 | |||
| Value At Risk | (1.10) | |||
| Potential Upside | 0.8337 |
Argo Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Argo Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Argo Group's standard deviation. In reality, there are many statistical measures that can use Argo Group historical prices to predict the future Argo Group's volatility.| Risk Adjusted Performance | 0.0299 | |||
| Jensen Alpha | 0.0123 | |||
| Total Risk Alpha | 0.1182 | |||
| Sortino Ratio | 0.1715 | |||
| Treynor Ratio | (0.34) |
Argo Group 65 Backtested Returns
At this point, Argo Group is very steady. Argo Group 65 secures Sharpe Ratio (or Efficiency) of 0.0353, which signifies that the company had a 0.0353 % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Argo Group 65, which you can use to evaluate the volatility of the firm. Please confirm Argo Group's risk adjusted performance of 0.0299, and Mean Deviation of 0.5432 to double-check if the risk estimate we provide is consistent with the expected return of 0.0282%. Argo Group has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0538, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Argo Group are expected to decrease at a much lower rate. During the bear market, Argo Group is likely to outperform the market. Argo Group 65 right now shows a risk of 0.8%. Please confirm Argo Group 65 maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to decide if Argo Group 65 will be following its price patterns.
Auto-correlation | 0.24 |
Weak predictability
Argo Group 65 has weak predictability. Overlapping area represents the amount of predictability between Argo Group time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Argo Group 65 price movement. The serial correlation of 0.24 indicates that over 24.0% of current Argo Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Argo Group 65 lagged returns against current returns
Autocorrelation, which is Argo Group 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 Argo Group's stock expected returns. We can calculate the autocorrelation of Argo Group returns to help us make a trade decision. For example, suppose you find that Argo Group 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 |
Argo Group 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 Argo Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Argo Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Argo Group stock over time.
Current vs Lagged Prices |
| Timeline |
Argo Group Lagged Returns
When evaluating Argo Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Argo Group stock have on its future price. Argo Group 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, Argo Group autocorrelation shows the relationship between Argo Group stock current value and its past values and can show if there is a momentum factor associated with investing in Argo Group 65.
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.When determining whether Argo Group 65 is a strong investment it is important to analyze Argo Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Argo Group's future performance. For an informed investment choice regarding Argo Stock, refer to the following important reports:Check out Argo Group Correlation, Argo Group Volatility and Argo Group Alpha and Beta module to complement your research on Argo Group. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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.