Argan Inc Stock Price on January 31, 2024
| AGX Stock | USD 158.63 4.55 2.95% |
Below is the normalized historical share price chart for Argan Inc extending back to November 13, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Argan stands at 158.63, as last reported on the 24th of November, with the highest price reaching 159.40 and the lowest price hitting 155.00 during the day.
If you're considering investing in Argan Stock, it is important to understand the factors that can impact its price. Argan is very steady given 3 months investment horizon. Argan Inc secures Sharpe Ratio (or Efficiency) of 0.27, which signifies that the company had a 0.27% return per unit of standard deviation over the last 3 months. We were able to analyze and collect data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.22% are justified by taking the suggested risk. Use Argan mean deviation of 2.82, and Risk Adjusted Performance of 0.2276 to evaluate company specific risk that cannot be diversified away.
At this time, Argan's Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 628.1 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 8.1 M in 2024. . Price To Sales Ratio is likely to rise to 1.26 in 2024. Price Earnings Ratio is likely to rise to 19.23 in 2024. Argan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 18th of August 1995 | 200 Day MA 79.7807 | 50 Day MA 123.5784 | Beta 0.471 |
Argan |
Sharpe Ratio = 0.2686
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| Small Returns | AGX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.53 actual daily | 40 60% of assets are more volatile |
Expected Return
| 1.22 actual daily | 24 76% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average Argan is performing at about 21% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Argan by adding it to a well-diversified portfolio.
Price Book 6.9512 | Enterprise Value Ebitda 35.26 | Price Sales 3.0034 | Shares Float 12.9 M | Dividend Share 1.2 |
Argan Main Headline on 31st of January 2024
Argan Inc dividend paid on 31st of January 2024 |
Argan Valuation on January 31, 2024
It is possible to determine the worth of Argan on a given historical date. On January 31, 2024 Argan was worth 44.77 at the beginning of the trading date compared to the closed value of 43.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Argan stock. Still, in general, we apply an absolute valuation method to find Argan's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Argan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Argan's related companies.
| Open | High | Low | Close | Volume | |
| 44.08 | 44.58 | 43.85 | 44.58 | 66,886 | |
01/31/2024 | 44.77 | 45.16 | 43.80 | 43.81 | 122,399 |
| 43.94 | 45.37 | 43.94 | 45.32 | 67,336 |
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Argan Trading Date Momentum on January 31, 2024
| On February 01 2024 Argan Inc was traded for 45.32 at the closing time. Highest Argan's price during the trading hours was 45.37 and the lowest price during the day was 43.94 . The net volume was 67.3 K. The overall trading history on the 1st of February contributed to the next trading period price jump. The overall trading delta to the next next day price was 3.45% . The overall trading delta to current price is 4.72% . |
Argan Inc Fundamentals Correlations and Trends
By evaluating Argan's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Argan's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Argan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Argan Stock history
Argan investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Argan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Argan Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Argan stock prices may prove useful in developing a viable investing in Argan
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 13.5 M | 8.1 M | |
| Net Income Applicable To Common Shares | 38.1 M | 25.3 M |
Argan Quarterly Net Working Capital |
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Argan Stock Technical Analysis
Argan technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Argan Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
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Argan November 24, 2024 Market Strength
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 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Argan's price direction in advance. Along with the technical and fundamental analysis of Argan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Argan to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.2276 | |||
| Jensen Alpha | 1.05 | |||
| Total Risk Alpha | 0.5711 | |||
| Sortino Ratio | 0.4001 | |||
| Treynor Ratio | 0.6517 |
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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.