Argeo AS Financials
ARGEO Stock | NOK 9.76 0.02 0.20% |
Argeo |
Understanding current and past Argeo AS Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Argeo AS's financial statements are interrelated, with each one affecting the others. For example, an increase in Argeo AS's assets may result in an increase in income on the income statement.
Argeo AS Stock Summary
Argeo AS competes with Nordic Unmanned, Carasent ASA, Aega ASA, Magnora ASA, and Bewi Asa. Argeo AS provides various services and technical solutions to the surveying and inspection industry. The company was incorporated in 2014 and is based in Hvalstad, Norway. ARGEO AS is traded on Oslo Stock Exchange in Norway.Instrument | Norway Stock View All |
Exchange | Oslo Stock Exchange |
ISIN | NO0010946593 |
Business Address | Nye VakAsvei 14, |
Sector | Energy |
Industry | Oil & Gas Equipment & Services |
Benchmark | Dow Jones Industrial |
Website | argeo.no |
Phone | 47 66 85 90 99 |
Currency | NOK - Kroner |
You should never invest in Argeo AS without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Argeo Stock, because this is throwing your money away. Analyzing the key information contained in Argeo AS's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Argeo AS Key Financial Ratios
Argeo AS's financial ratios allow both analysts and investors to convert raw data from Argeo AS's financial statements into concise, actionable information that can be used to evaluate the performance of Argeo AS over time and compare it to other companies across industries.Argeo Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Argeo AS's current stock value. Our valuation model uses many indicators to compare Argeo AS value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Argeo AS competition to find correlations between indicators driving Argeo AS's intrinsic value. More Info.Argeo AS is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Argeo AS by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Argeo AS's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Argeo AS Systematic Risk
Argeo AS's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Argeo AS volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Argeo AS correlated with the market. If Beta is less than 0 Argeo AS generally moves in the opposite direction as compared to the market. If Argeo AS Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Argeo AS is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Argeo AS is generally in the same direction as the market. If Beta > 1 Argeo AS moves generally in the same direction as, but more than the movement of the benchmark.
Argeo AS November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Argeo AS help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Argeo AS. We use our internally-developed statistical techniques to arrive at the intrinsic value of Argeo AS based on widely used predictive technical indicators. In general, we focus on analyzing Argeo Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Argeo AS's daily price indicators and compare them against related drivers.
Information Ratio | (0.06) | |||
Maximum Drawdown | 26.01 | |||
Value At Risk | (6.83) | |||
Potential Upside | 8.77 |
Other Information on Investing in Argeo Stock
Argeo AS financial ratios help investors to determine whether Argeo Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Argeo with respect to the benefits of owning Argeo AS security.