Argo Return On Assets from 2010 to 2024
| ARGD Stock | USD 22.05 0.22 0.99% |
Return On Assets | First Reported 2010-12-31 | Previous Quarter (0.02) | Current Value (0.02) | Quarterly Volatility 0.09334172 |
Check Argo Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Argo Group's main balance sheet or income statement drivers, such as Interest Expense of 26.6 M, Total Revenue of 1.6 B or Gross Profit of 1.6 B, as well as many indicators such as Price To Sales Ratio of 0.44, Dividend Yield of 0.0228 or PTB Ratio of 0.78. Argo financial statements analysis is a perfect complement when working with Argo Group Valuation or Volatility modules.
Argo | Return On Assets |
Latest Argo Group's Return On Assets Growth Pattern
Below is the plot of the Return On Assets of Argo Group 65 over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Argo Group's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Argo Group's overall financial position and show how it may be relating to other accounts over time.
| Return On Assets | 10 Years Trend |
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Return On Assets |
| Timeline |
Argo Return On Assets Regression Statistics
| Arithmetic Mean | (0.03) | |
| Coefficient Of Variation | (330.28) | |
| Mean Deviation | 0.06 | |
| Median | 0.0006 | |
| Standard Deviation | 0.09 | |
| Sample Variance | 0.01 | |
| Range | 0.3585 | |
| R-Value | 0.18 | |
| Mean Square Error | 0.01 | |
| R-Squared | 0.03 | |
| Significance | 0.51 | |
| Slope | 0 | |
| Total Sum of Squares | 0.12 |
Argo Return On Assets History
About Argo Group Financial Statements
Argo Group stakeholders use historical fundamental indicators, such as Argo Group's Return On Assets, to determine how well the company is positioned to perform in the future. Although Argo Group investors may analyze each financial statement separately, they are all interrelated. For example, changes in Argo Group's assets and liabilities are reflected in the revenues and expenses on Argo Group's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Argo Group 65. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Assets | (0.02) | (0.02) |
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 the analysis of Argo Group Correlation against competitors. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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.