Argo Gold Stock Price on September 27, 2024
| ARBTF Stock | USD 0.06 0 4.18% |
If you're considering investing in Argo Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Argo Gold stands at 0.06, as last reported on the 30th of November, with the highest price reaching 0.06 and the lowest price hitting 0.06 during the day. At this point, Argo Gold is out of control. Argo Gold secures Sharpe Ratio (or Efficiency) of 0.0084, which signifies that the company had a 0.0084% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Argo Gold, which you can use to evaluate the volatility of the firm. Please confirm Argo Gold's mean deviation of 2.87, and Risk Adjusted Performance of 0.0147 to double-check if the risk estimate we provide is consistent with the expected return of 0.0536%.
Argo Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Argo |
Sharpe Ratio = 0.0084
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | ARBTF | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 6.36 actual daily | 56 56% of assets are less volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Argo Gold is not performing at its full potential. However, 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 Argo Gold by adding Argo Gold to a well-diversified portfolio.
Argo Gold Valuation on September 27, 2024
It is possible to determine the worth of Argo Gold on a given historical date. On September 27, 2024 Argo was worth 0.0674 at the beginning of the trading date compared to the closed value of 0.0674. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Argo Gold pink sheet. Still, in general, we apply an absolute valuation method to find Argo Gold'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 Argo Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Argo Gold's related companies.
| Open | High | Low | Close | Volume | |
| 0.07 | 0.07 | 0.07 | 0.07 | 1.00 | |
09/27/2024 | 0.07 | 0.07 | 0.07 | 0.07 | 1.00 |
| 0.07 | 0.07 | 0.07 | 0.07 | 1.00 |
| Backtest Argo Gold | | | Argo Gold History | | | Argo Gold Valuation | Previous | Next |
Argo Gold Trading Date Momentum on September 27, 2024
| On September 30 2024 Argo Gold was traded for 0.07 at the closing time. The highest daily price throughout the period was 0.07 and the lowest price was 0.07 . There was no trading activity during the period 1.0. Lack of trading volume on 09/30/2024 did not affect price variability. The overall trading delta to current closing price is 9.05% . |
Argo Gold Fundamentals Correlations and Trends
By evaluating Argo Gold'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 Argo Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Argo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Argo Gold Pink Sheet history
Argo Gold 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 Argo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Argo Gold 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 Argo Gold stock prices may prove useful in developing a viable investing in Argo Gold
Argo Gold Inc., a development stage company, focuses on the exploration and development of mineral properties in northwestern Ontario. Argo Gold Inc. was incorporated in 1995 and is based in Toronto, Canada. Argo Gold is traded on OTC Exchange in the United States.
Argo Gold Pink Sheet Technical Analysis
Argo Gold technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Argo Gold Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Argo Gold cannot be verified against its exchange. Please verify the symbol is currently traded on PINK Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Argo Gold November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Argo Gold pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Argo Gold shares will generate the highest return on investment. By undertsting and applying Argo Gold pink sheet market strength indicators, traders can identify Argo Gold entry and exit signals to maximize returns
Argo Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Argo Gold's price direction in advance. Along with the technical and fundamental analysis of Argo Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Argo 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 | 0.0147 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (1.00) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0702 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Argo Pink Sheet analysis
When running Argo Gold's price analysis, check to measure Argo Gold'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 Argo Gold is operating at the current time. Most of Argo Gold's value examination focuses on studying past and present price action to predict the probability of Argo Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Argo Gold's price. Additionally, you may evaluate how the addition of Argo Gold to your portfolios can decrease your overall portfolio volatility.
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges |