Argenx Nv Adr Stock Alpha and Beta Analysis
| ARGX Stock | USD 605.66 0.26 0.04% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as argenx NV ADR. It also helps investors analyze the systematic and unsystematic risks associated with investing in Argenx NV over a specified time horizon. Remember, high Argenx NV's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Argenx NV's market risk premium analysis include:
Beta (0.15) | Alpha 0.26 | Risk 2.01 | Sharpe Ratio 0.13 | Expected Return 0.27 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Argenx |
Argenx NV Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Argenx NV market risk premium is the additional return an investor will receive from holding Argenx NV long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Argenx NV. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Argenx NV's performance over market.| α | 0.26 | β | -0.15 |
Argenx NV expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Argenx NV's Buy-and-hold return. Our buy-and-hold chart shows how Argenx NV performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Argenx NV Market Price Analysis
Market price analysis indicators help investors to evaluate how Argenx NV stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Argenx NV shares will generate the highest return on investment. By understating and applying Argenx NV stock market price indicators, traders can identify Argenx NV position entry and exit signals to maximize returns.
Argenx NV Return and Market Media
The median price of Argenx NV for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 543.84 with a coefficient of variation of 4.9. The daily time series for the period is distributed with a sample standard deviation of 26.99, arithmetic mean of 550.58, and mean deviation of 22.24. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Argenx SE Q3 2024 Earnings Preview | 10/30/2024 |
2 | argenx SE Short Interest Update | 10/31/2024 |
3 | argenx SE Q3 2024 Earnings Call Transcript | 11/01/2024 |
4 | argenx Rating Increased to Sector Outperform at Scotiabank | 11/05/2024 |
5 | This Bristol-Myers Squibb Analyst Turns Bullish Here Are Top 5 Upgrades For Tuesday | 11/12/2024 |
6 | FMR LLC Bolsters Stake in Argenx SE | 11/13/2024 |
7 | Deep Track Capital, LPs Strategic Acquisition of Korro Bio Inc Shares | 11/14/2024 |
8 | Paradigm Biocapital Advisors LP Acquires Significant Stake in Nuvalent Inc | 11/15/2024 |
9 | argenx shares see price target boosted by Raymond James, Strong Buy rating upheld | 11/20/2024 |
10 | Barclays bullish on argenx stock after positive trial results | 11/21/2024 |
About Argenx NV Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Argenx or other stocks. Alpha measures the amount that position in argenx NV ADR has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 24.01 | 246.39 | 148.6 | 109.24 | PTB Ratio | 7.06 | 7.32 | 5.31 | 7.69 |
Argenx NV Upcoming Company Events
As portrayed in its financial statements, the presentation of Argenx NV's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Argenx NV's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Argenx NV's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Argenx NV. Please utilize our Beneish M Score to check the likelihood of Argenx NV's management manipulating its earnings.
| 7th of March 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 7th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Additional Tools for Argenx Stock Analysis
When running Argenx NV's price analysis, check to measure Argenx NV'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 Argenx NV is operating at the current time. Most of Argenx NV's value examination focuses on studying past and present price action to predict the probability of Argenx NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Argenx NV's price. Additionally, you may evaluate how the addition of Argenx NV to your portfolios can decrease your overall portfolio volatility.