Argo Group Stock Forecast - Daily Balance Of Power
| ARGD Stock | USD 22.20 0.01 0.04% |
Argo Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Argo Group stock prices and determine the direction of Argo Group 65's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Argo Group's historical fundamentals, such as revenue growth or operating cash flow patterns.
Argo |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.2083 | 0.0714 |
| Check Argo Group Volatility | Backtest Argo Group | Trend Details |
Argo Group Trading Date Momentum
| On September 26 2024 Argo Group 65 was traded for 22.02 at the closing time. The top price for the day was 22.19 and the lowest listed price was 22.01 . The trading volume for the day was 15.4 K. The trading history from September 26, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.50% . The overall trading delta against the current closing price is 0.09% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare Argo Group to competition |
Other Forecasting Options for Argo Group
For every potential investor in Argo, whether a beginner or expert, Argo Group's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Argo Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Argo. Basic forecasting techniques help filter out the noise by identifying Argo Group's price trends.Argo Group 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 Group stock to make a market-neutral strategy. Peer analysis of Argo Group could also be used in its relative valuation, which is a method of valuing Argo Group by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Argo Group 65 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 Argo Group'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 Argo Group's current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Argo Group Market Strength Events
Market strength indicators help investors to evaluate how Argo Group 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 Group shares will generate the highest return on investment. By undertsting and applying Argo Group stock market strength indicators, traders can identify Argo Group 65 entry and exit signals to maximize returns.
Argo Group Risk Indicators
The analysis of Argo Group'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 Group'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 | 0.534 | |||
| Semi Deviation | 0.6423 | |||
| Standard Deviation | 0.6543 | |||
| Variance | 0.4281 | |||
| Downside Variance | 0.569 | |||
| Semi Variance | 0.4125 | |||
| Expected Short fall | (0.52) |
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.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 Historical Fundamental Analysis of Argo Group to cross-verify your projections. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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.