Argo Competitors

ARBK Stock  USD 3.06  0.65  17.52%   
Argo Blockchain PLC competes with Mawson Infrastructure, Greenidge Generation, Equus Total, Brera Holdings, and Cohen; as well as few others. The company conducts business under Capital Markets sector and is part of Financials industry. Analyzing Argo Blockchain competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Argo Blockchain to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Argo Blockchain Correlation with its peers.

Argo Blockchain vs Black Titan Correlation

Very poor diversification

The correlation between Argo Blockchain PLC and BTTC is 0.87 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Argo Blockchain PLC and BTTC in the same portfolio, assuming nothing else is changed.

Moving against Argo Stock

  0.96LBS Life Banc SplitPairCorr
  0.95LCS Brompton Lifeco Split SplitPairCorr
  0.92SBC Brompton Split BancPairCorr
  0.88ASA ASA GoldPairCorr
  0.87URB-A UrbanaPairCorr
Return On Equity is expected to rise to 2.26 this year, although the value of Return On Tangible Assets are projected to rise to (3.15). At this time, Argo Blockchain's Intangibles To Total Assets are quite stable compared to the past year. Debt To Assets is expected to rise to 1.97 this year, although the value of Non Current Assets Total will most likely fall to about 8.2 M.
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Hype
Prediction
LowEstimatedHigh
0.183.5416.02
Details
Intrinsic
Valuation
LowRealHigh
0.071.4713.95
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.44-0.41-0.38
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Argo Blockchain. Your research has to be compared to or analyzed against Argo Blockchain's peers to derive any actionable benefits. When done correctly, Argo Blockchain's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Argo Blockchain PLC.

Argo Blockchain Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Argo Blockchain and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Argo and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Argo Blockchain PLC does not affect the price movement of the other competitor.

High positive correlations

SLMTMIGI
BTTCEQS
AACICOHN
BTTCGDST
BTTCTIRX
TIRXEQS
  

High negative correlations

COHNEQS
COHNSLMT
AACIMIGI
COHNMIGI
AACISLMT
AACIEQS

Risk-Adjusted Indicators

There is a big difference between Argo Stock performing well and Argo Blockchain Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Argo Blockchain's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
MIGI  8.46 (2.15) 0.00 (0.92) 0.00 
 19.00 
 61.71 
GREE  4.76 (0.79) 0.00 (0.28) 0.00 
 9.09 
 57.17 
EQS  2.53 (0.49) 0.00 (3.61) 0.00 
 4.48 
 14.02 
SLMT  6.80 (2.82) 0.00  10.18  0.00 
 8.90 
 75.92 
COHN  6.01  1.45  0.17  15.43  7.51 
 13.51 
 51.44 
GDST  0.38  0.08  0.00 (0.25) 0.00 
 0.00 
 4.89 
FGNX  4.45 (0.96) 0.00 (5.05) 0.00 
 8.90 
 30.98 
AACI  0.29  0.02 (0.10) 1.49  0.42 
 0.67 
 4.98 
TIRX  15.02  2.45  0.13  6.65  16.04 
 16.67 
 403.41 
BTTC  5.49 (0.94) 0.00 (0.45) 0.00 
 9.58 
 57.35 

Cross Equities Net Income Analysis

Compare Argo Blockchain PLC and related stocks such as Mawson Infrastructure, Greenidge Generation, and Equus Total Return Net Income Over Time
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Return On Equity
20102011201220132014201520162017201820192020202120222023202420252026
MIGI10 K(1.9 M)(1.9 M)(2.8 M)(1.2 M)(1.5 M)(1.1 M)(3 M)(3.3 M)(3.5 M)(5 M)(45 M)(52.8 M)(58.5 M)(46.1 M)(41.5 M)(39.4 M)
GREE(27 M)(27 M)(27 M)(27 M)(27 M)(27 M)(16 M)(1.5 M)(9.1 M)(8.5 M)(3.3 M)(44.5 M)(269.7 M)(29.5 M)(19.8 M)(17.8 M)(18.7 M)
EQS5.7 M(4.5 M)(5.3 M)342 K(1.4 M)1.1 M5.4 M(829 K)51 K2.2 M(12.3 M)2.6 M(1.1 M)12.9 M(18.8 M)(16.9 M)(16.1 M)
SLMT2.9 K2.9 K2.9 K2.9 K2.9 K2.9 K2.9 K2.9 K2.9 K2.9 K2.9 K(87.1 K)(1.2 M)(4.4 M)(4.4 M)(4 M)(3.8 M)
COHN(21.6 K)(9.4 M)(968 K)(13.3 M)(2.6 M)(4.1 M)2.3 M2.1 M(2.5 M)(2.1 M)14.2 M11.8 M(13.4 M)(5.1 M)(129 K)(148.3 K)(155.8 K)
GDST(1.1 K)(1.1 K)(1.1 K)(1.1 K)(1.1 K)(1.1 K)(1.1 K)(1.1 K)(1.1 K)(1.1 K)(1.1 K)(53.4 K)145.5 K1.6 M683.9 K786.4 K521.8 K
FGNX(120 K)(120 K)(120 K)(748 K)3.6 M(1.7 M)11 K294 K804 K311 K(22.5 M)(8.5 M)1.1 M(14.1 M)(1.2 M)(1 M)(1.1 M)
TIRX963.3 K963.3 K963.3 K963.3 K963.3 K963.3 K963.3 K1.1 M175.8 K634.1 K(1.9 M)(4.7 M)(2.5 M)(4 M)(4 M)(3.6 M)(3.4 M)

Argo Blockchain PLC and related stocks such as Mawson Infrastructure, Greenidge Generation, and Equus Total Return Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Argo Blockchain PLC financial statement analysis. It represents the amount of money remaining after all of Argo Blockchain PLC operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Argo Blockchain Competitive Analysis

The better you understand Argo Blockchain competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Argo Blockchain's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Argo Blockchain's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
ARBK MIGI GREE EQS SLMT COHN GDST FGNX AACI TIRX
 17.52 
 3.06 
Argo
 22.65 
 3.52 
Mawson
 15.57 
 1.03 
Greenidge
 0.77 
 1.31 
Equus
 16.39 
 1.02 
Brera
 4.68 
 18.78 
Cohen
 12.09 
 11.50 
Goldenstone
 17.97 
 1.78 
Fundamental
 0.00 
 10.29 
Armada
 20.00 
 0.12 
Tian
Market Volatility
(90 Days Market Risk)
Market Performance
(90 Days Performance)
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(Probability Of Bankruptcy)
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(Equity Enterprise Value)
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
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Trade Advice
(90 Days Macroaxis Advice)
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Total Risk Alpha
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Risk Adjusted Performance
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Semi Variance

Argo Blockchain Competition Performance Charts

Five steps to successful analysis of Argo Blockchain Competition

Argo Blockchain's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Argo Blockchain PLC in relation to its competition. Argo Blockchain's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Argo Blockchain in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Argo Blockchain's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Argo Blockchain PLC, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

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When determining whether Argo Blockchain PLC is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Argo Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Argo Blockchain Plc Stock. Highlighted below are key reports to facilitate an investment decision about Argo Blockchain Plc Stock:
Check out Argo Blockchain Correlation with its peers.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Asset Management & Custody Banks 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 Blockchain. 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. Comprehensive Argo Blockchain assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
(0.94)
Earnings Share
(64.80)
Revenue Per Share
76.496
Quarterly Revenue Growth
(0.75)
Return On Assets
(0.37)
Argo Blockchain PLC's market price often diverges from its book value, the accounting figure shown on Argo's balance sheet. Smart investors calculate Argo Blockchain's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Since Argo Blockchain's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Understanding that Argo Blockchain's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Argo Blockchain represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. However, Argo Blockchain'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.