Argan Stock Forecast - Relative Strength Index

AGX Stock  USD 158.63  4.55  2.95%   
Argan Stock Forecast is based on your current time horizon.
  
At this time, Argan's Receivables Turnover is fairly stable compared to the past year. Asset Turnover is likely to rise to 1.34 in 2024, whereas Inventory Turnover is likely to drop 34.00 in 2024. . Common Stock Shares Outstanding is likely to drop to about 8.1 M in 2024. Net Income Applicable To Common Shares is likely to drop to about 25.3 M in 2024.
Argan Inc has current Relative Strength Index of 65.32.
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Argan Trading Date Momentum

On November 24 2024 Argan Inc was traded for  158.63  at the closing time. Highest Argan's price during the trading hours was 159.40  and the lowest price during the day was  155.00 . There was no trading activity during the period 0.0. Lack of trading volume on the 24th of November did not affect price variability. The overall trading delta to current price is 1.58% .
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Other Forecasting Options for Argan

For every potential investor in Argan, whether a beginner or expert, Argan's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Argan Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Argan. Basic forecasting techniques help filter out the noise by identifying Argan's price trends.

Argan Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Argan stock to make a market-neutral strategy. Peer analysis of Argan could also be used in its relative valuation, which is a method of valuing Argan by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Argan Inc Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Argan's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Argan's current price.

Argan Market Strength Events

Market strength indicators help investors to evaluate how Argan stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Argan shares will generate the highest return on investment. By undertsting and applying Argan stock market strength indicators, traders can identify Argan Inc entry and exit signals to maximize returns.

Argan Risk Indicators

The analysis of Argan's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Argan's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting argan stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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.

Additional Tools for Argan Stock Analysis

When running Argan's price analysis, check to measure Argan'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 Argan is operating at the current time. Most of Argan's value examination focuses on studying past and present price action to predict the probability of Argan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Argan's price. Additionally, you may evaluate how the addition of Argan to your portfolios can decrease your overall portfolio volatility.