Argo Blockchain Stock Forward View
| ARBKLDelisted Stock | USD 5.30 3.61 213.61% |
Argo Stock outlook is based on your current time horizon.
As of now, the value of RSI of Argo Blockchain's share price is approaching 33. This suggests that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Argo Blockchain, making its price go up or down. Momentum 33
Sell Stretched
Oversold | Overbought |
Using Argo Blockchain hype-based prediction, you can estimate the value of Argo Blockchain Plc from the perspective of Argo Blockchain response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Argo Blockchain Plc on the next trading day is expected to be 5.56 with a mean absolute deviation of 0.26 and the sum of the absolute errors of 15.88. Argo Blockchain after-hype prediction price | USD 5.46 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as delisted stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Argo |
Argo Blockchain Additional Predictive Modules
Most predictive techniques to examine Argo price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Argo using various technical indicators. When you analyze Argo charts, please remember that the event formation may indicate an entry point for a short seller, and look at 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 |
Argo Blockchain Naive Prediction Price Forecast For the 22nd of February
Given 90 days horizon, the Naive Prediction forecasted value of Argo Blockchain Plc on the next trading day is expected to be 5.56 with a mean absolute deviation of 0.26, mean absolute percentage error of 0.16, and the sum of the absolute errors of 15.88.Please note that although there have been many attempts to predict Argo Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Argo Blockchain's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Argo Blockchain Stock Forecast Pattern
| Backtest Argo Blockchain | Argo Blockchain Price Prediction | Research Analysis |
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Argo Blockchain stock data series using in forecasting. Note that when a statistical model is used to represent Argo Blockchain stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 116.286 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.2603 |
| MAPE | Mean absolute percentage error | 0.1544 |
| SAE | Sum of the absolute errors | 15.8758 |
Predictive Modules for Argo Blockchain
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Argo Blockchain Plc. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Argo Blockchain After-Hype Price Density Analysis
As far as predicting the price of Argo Blockchain at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Argo Blockchain or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Argo Blockchain, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Argo Blockchain Estimiated After-Hype Price Volatility
In the context of predicting Argo Blockchain's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Argo Blockchain's historical news coverage. Argo Blockchain's after-hype downside and upside margins for the prediction period are 0.27 and 535.46, respectively. We have considered Argo Blockchain's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Argo Blockchain is out of control at this time. Analysis and calculation of next after-hype price of Argo Blockchain Plc is based on 3 months time horizon.
Argo Blockchain Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Argo Blockchain is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Argo Blockchain backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Delisted Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Argo Blockchain, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
16.23 | 52.78 | 0.16 | 8.36 | 6 Events / Month | 7 Events / Month | In about 6 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
5.30 | 5.46 | 3.02 |
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Argo Blockchain Hype Timeline
Argo Blockchain Plc is presently traded for 5.30. The entity has historical hype elasticity of 0.16, and average elasticity to hype of competition of -8.36. Argo is forecasted to increase in value after the next headline, with the price projected to jump to 5.46 or above. The average volatility of media hype impact on the company the price is over 100%. The price upswing on the next news is projected to be 3.02%, whereas the daily expected return is presently at 16.23%. The volatility of related hype on Argo Blockchain is about 10248.54%, with the expected price after the next announcement by competition of -3.06. Assuming the 90 days horizon the next forecasted press release will be in about 6 days. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.Argo Blockchain Related Hype Analysis
Having access to credible news sources related to Argo Blockchain's direct competition is more important than ever and may enhance your ability to predict Argo Blockchain's future price movements. Getting to know how Argo Blockchain's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Argo Blockchain may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| CSWC | Capital Southwest | (0.07) | 7 per month | 0.76 | 0.1 | 2.11 | (1.29) | 6.19 | |
| GAM | General American Investors | (0.50) | 6 per month | 0.33 | 0.06 | 1.24 | (0.83) | 2.58 | |
| CET | Central Securities | (0.18) | 6 per month | 0.45 | 0.04 | 1.13 | (1.05) | 3.06 | |
| VRTS | Virtus Investment Partners | (4.46) | 8 per month | 0.00 | (0.08) | 3.07 | (3.84) | 11.95 | |
| PSEC | Prospect Capital | (0.02) | 9 per month | 1.95 | 0.02 | 4.67 | (3.42) | 14.29 | |
| MFH | Mercurity Fintech Holding | 0.52 | 8 per month | 0.00 | (0.14) | 17.84 | (21.67) | 46.71 | |
| FSCO | FS Credit Opportunities | (0.04) | 6 per month | 0.00 | (0.14) | 1.77 | (2.50) | 6.49 | |
| OXLC | Oxford Lane Capital | 0.07 | 10 per month | 0.00 | (0.19) | 2.84 | (5.87) | 20.94 | |
| BLUW | Blue Water Acquisition | (0.01) | 3 per month | 0.06 | (0.1) | 0.39 | (0.48) | 3.56 | |
| HOPE | Hope Bancorp | (0.46) | 10 per month | 1.23 | 0.10 | 3.41 | (2.53) | 9.58 |
Argo Blockchain 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 Argo Blockchain stock to make a market-neutral strategy. Peer analysis of Argo Blockchain could also be used in its relative valuation, which is a method of valuing Argo Blockchain by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Argo Blockchain Market Strength Events
Market strength indicators help investors to evaluate how Argo Blockchain stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Argo Blockchain shares will generate the highest return on investment. By undertsting and applying Argo Blockchain stock market strength indicators, traders can identify Argo Blockchain Plc entry and exit signals to maximize returns.
Argo Blockchain Risk Indicators
The analysis of Argo Blockchain'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 Argo Blockchain's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting argo 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.
| Mean Deviation | 10.83 | |||
| Semi Deviation | 6.18 | |||
| Standard Deviation | 26.7 | |||
| Variance | 713.15 | |||
| Downside Variance | 58.69 | |||
| Semi Variance | 38.21 | |||
| Expected Short fall | (15.10) |
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.
Story Coverage note for Argo Blockchain
The number of cover stories for Argo Blockchain depends on current market conditions and Argo Blockchain's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Argo Blockchain is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Argo Blockchain's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Other Consideration for investing in Argo Stock
If you are still planning to invest in Argo Blockchain Plc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Argo Blockchain's history and understand the potential risks before investing.
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