Argo Group 65 Stock Today

ARGD Stock  USD 22.25  0.20  0.91%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 48

 
High
 
Low
About Average
Argo Group is trading at 22.25 as of the 29th of November 2024, a 0.91% up since the beginning of the trading day. The stock's lowest day price was 22.25. Argo Group has 48 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Argo Group 65 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of August 2024 and ending today, the 29th of November 2024. Click here to learn more.
Business Domain
Energy
IPO Date
7th of May 2018
Category
Other
Argo Group is entity of United States. It is traded as Stock on NYSE exchange. More on Argo Group 65

Moving together with Argo Stock

  0.71BHFAL Brighthouse FinancialPairCorr

Argo Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Business ConcentrationOil & Gas Exploration & Production, Energy, Energy, Oil, Gas & Consumable Fuels, Insurance, Other (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.210.2064
Fairly Up
Slightly volatile
Total Current Liabilities42.6 M65.5 M
Way Down
Slightly volatile
Total Assets7.1 B8.5 B
Fairly Down
Slightly volatile
Total Current Assets1.3 B1.3 B
Sufficiently Up
Slightly volatile
Argo Group can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Argo Group's financial leverage. It provides some insight into what part of Argo Group's total assets is financed by creditors.
Liquidity
Argo Group 65 currently holds 7.21 B in liabilities. Note, when we think about Argo Group's use of debt, we should always consider it together with its cash and equity.

Free Cash Flow

10.73 Million
Argo Group 65 (ARGD) is traded on New York Stock Exchange in USA. It is located in null . Argo Group is listed under Oil & Gas Exploration & Production category by Fama And French industry classification. The company conducts business under Oil, Gas & Consumable Fuels sector and is part of Energy industry. Argo Group generates positive cash flow from operations, but has no cash available
Check Argo Group Probability Of Bankruptcy

Argo Group Historical Income Statement

At present, Argo Group's EBIT is projected to increase significantly based on the last few years of reporting. The current year's EBITDA is expected to grow to about 1.8 B, whereas Total Revenue is forecasted to decline to about 1.6 B. View More Fundamentals

Argo Stock Against Markets

Already Invested in Argo Group 65?

The danger of trading Argo Group 65 is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Argo Group is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Argo Group. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Argo Group 65 is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Argo Group 65. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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.