Argo Group 65 Stock Technical Analysis
| ARGD Stock | USD 22.25 0.20 0.91% |
As of the 29th of November, Argo Group shows the risk adjusted performance of 0.0298, and Mean Deviation of 0.5352. Argo Group 65 technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Argo Group 65 coefficient of variation, maximum drawdown, skewness, as well as the relationship between the information ratio and downside variance to decide if Argo Group 65 is priced correctly, providing market reflects its regular price of 22.25 per share. Given that Argo Group has jensen alpha of 0.0098, we suggest you to validate Argo Group 65's prevailing market performance to make sure the company can sustain itself at a future point.
Argo Group Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Argo, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ArgoArgo |
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.
Argo Group 65 Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Argo Group 65 volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Argo Group 65 Trend Analysis
Use this graph to draw trend lines for Argo Group 65. You can use it to identify possible trend reversals for Argo Group as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Argo Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Argo Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Argo Group 65 applied against its price change over selected period. The best fit line has a slop of 0.0013 , which may suggest that Argo Group 65 market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.07, which is the sum of squared deviations for the predicted Argo Group price change compared to its average price change.About Argo Group Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Argo Group 65 on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Argo Group 65 based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Argo Group 65 price pattern first instead of the macroeconomic environment surrounding Argo Group 65. By analyzing Argo Group's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Argo Group's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Argo Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0153 | 0.0413 | 0.0228 | Price To Sales Ratio | 0.39 | 0.46 | 0.44 |
Argo Group November 29, 2024 Technical Indicators
Most technical analysis of Argo help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Argo from various momentum indicators to cycle indicators. When you analyze Argo charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0298 | |||
| Market Risk Adjusted Performance | 0.2868 | |||
| Mean Deviation | 0.5352 | |||
| Semi Deviation | 0.711 | |||
| Downside Deviation | 0.7578 | |||
| Coefficient Of Variation | 2423.21 | |||
| Standard Deviation | 0.6494 | |||
| Variance | 0.4217 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | 0.0098 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | 0.2768 | |||
| Maximum Drawdown | 2.82 | |||
| Value At Risk | (1.16) | |||
| Potential Upside | 0.866 | |||
| Downside Variance | 0.5743 | |||
| Semi Variance | 0.5055 | |||
| Expected Short fall | (0.50) | |||
| Skewness | (0.49) | |||
| Kurtosis | (0.52) |
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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