Argenta Silver Corp Stock Performance
| AGAG Stock | 0.25 0.01 4.17% |
Argenta Silver holds a performance score of 7 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -2.35, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Argenta Silver are expected to decrease by larger amounts. On the other hand, during market turmoil, Argenta Silver is expected to outperform it. Use Argenta Silver semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to analyze future returns on Argenta Silver.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Argenta Silver Corp are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unfluctuating basic indicators, Argenta Silver showed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Golden Minerals Announces Completion of Sale of its El Quevar Silver Project and Provides Corporate Update - StockTitan | 10/24/2024 |
2 | Argenta Silver Gains Local Support in Salta, Argentina - TipRanks | 11/04/2024 |
3 | Argenta Silver Adapts Amid Canadian Postal Strike - TipRanks | 11/26/2024 |
4 | Argenta Silver Appoints New Chief Geologist - TipRanks | 12/12/2024 |
Argenta |
Argenta Silver Relative Risk vs. Return Landscape
If you would invest 16.00 in Argenta Silver Corp on October 7, 2024 and sell it today you would earn a total of 9.00 from holding Argenta Silver Corp or generate 56.25% return on investment over 90 days. Argenta Silver Corp is generating 1.7338% of daily returns assuming 18.5732% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than Argenta on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Argenta Silver Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Argenta Silver's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Argenta Silver Corp, and traders can use it to determine the average amount a Argenta Silver's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0933
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Estimated Market Risk
| 18.57 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.73 actual daily | 34 66% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Argenta Silver is performing at about 7% of its full potential. 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 Argenta Silver by adding it to a well-diversified portfolio.
About Argenta Silver Performance
Evaluating Argenta Silver's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Argenta Silver has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Argenta Silver has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Argenta Silver is entity of Canada. It is traded as Stock on V exchange.Things to note about Argenta Silver Corp performance evaluation
Checking the ongoing alerts about Argenta Silver for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Argenta Silver Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Argenta Silver Corp is way too risky over 90 days horizon | |
| Argenta Silver Corp has some characteristics of a very speculative penny stock | |
| Argenta Silver Corp appears to be risky and price may revert if volatility continues | |
| Latest headline from news.google.com: Argenta Silver Appoints New Chief Geologist - TipRanks |
- Analyzing Argenta Silver's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Argenta Silver's stock is overvalued or undervalued compared to its peers.
- Examining Argenta Silver's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Argenta Silver's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Argenta Silver's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Argenta Silver's stock. These opinions can provide insight into Argenta Silver's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Argenta Stock Analysis
When running Argenta Silver's price analysis, check to measure Argenta Silver'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 Argenta Silver is operating at the current time. Most of Argenta Silver's value examination focuses on studying past and present price action to predict the probability of Argenta Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Argenta Silver's price. Additionally, you may evaluate how the addition of Argenta Silver to your portfolios can decrease your overall portfolio volatility.