Amerigo Resources Stock Price on October 11, 2024
| ARG Stock | CAD 1.70 0.04 2.30% |
Below is the normalized historical share price chart for Amerigo Resources extending back to March 01, 1996. 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 Amerigo Resources stands at 1.70, as last reported on the 26th of November, with the highest price reaching 1.74 and the lowest price hitting 1.69 during the day.
If you're considering investing in Amerigo Stock, it is important to understand the factors that can impact its price. As of now, Amerigo Stock is very risky. Amerigo Resources secures Sharpe Ratio (or Efficiency) of 0.0474, which signifies that the company had a 0.0474% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Amerigo Resources, which you can use to evaluate the volatility of the firm. Please confirm Amerigo Resources' mean deviation of 1.83, and Risk Adjusted Performance of 0.0271 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%.
At this time, Amerigo Resources' Common Stock is very stable compared to the past year. As of the 26th of November 2024, Issuance Of Capital Stock is likely to grow to about 248.6 K, while Total Stockholder Equity is likely to drop about 100.3 M. . At this time, Amerigo Resources' Price Fair Value is very stable compared to the past year. Amerigo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 1.6348 | 50 Day MA 1.7392 | Beta 3.125 |
Amerigo |
Sharpe Ratio = 0.0474
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | ARG | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.49 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Amerigo Resources is performing at about 3% 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 Amerigo Resources by adding it to a well-diversified portfolio.
Price Book 1.9392 | Enterprise Value Ebitda 3.4168 | Price Sales 1.5644 | Shares Float 143.6 M | Dividend Share 0.091 |
Amerigo Resources Valuation on October 11, 2024
It is possible to determine the worth of Amerigo Resources on a given historical date. On October 11, 2024 Amerigo was worth 1.81 at the beginning of the trading date compared to the closed value of 1.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Amerigo Resources stock. Still, in general, we apply an absolute valuation method to find Amerigo Resources' 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 Amerigo Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Amerigo Resources' related companies.
| Open | High | Low | Close | Volume | |
| 1.80 | 1.82 | 1.79 | 1.81 | 101,800 | |
10/11/2024 | 1.81 | 1.81 | 1.79 | 1.81 | 49,600 |
| 1.79 | 1.79 | 1.75 | 1.76 | 208,826 |
| Backtest Amerigo Resources | | | Amerigo Resources History | | | Amerigo Resources Valuation | Previous | Next |
Amerigo Resources Trading Date Momentum on October 11, 2024
| On October 15 2024 Amerigo Resources was traded for 1.76 at the closing time. The maximum traded price for the trading interval was 1.79 and the lowest daily price was 1.75 . The daily volume was recorded at 208.8 K. The volume of trading on 15th of October 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 2.76% . The overall trading delta to the closing price today is 0.55% . |
Amerigo Resources Fundamentals Correlations and Trends
By evaluating Amerigo Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Amerigo Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Amerigo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Amerigo Resources Stock history
Amerigo Resources 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 Amerigo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Amerigo Resources 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 Amerigo Resources stock prices may prove useful in developing a viable investing in Amerigo Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 167.2 M | 146.6 M | |
| Net Income Applicable To Common Shares | 5 M | 2.8 M |
Amerigo Resources Stock Technical Analysis
Amerigo Resources 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
Amerigo Resources Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Amerigo Resources cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Amerigo Resources November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Amerigo Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Amerigo Resources shares will generate the highest return on investment. By undertsting and applying Amerigo Resources stock market strength indicators, traders can identify Amerigo Resources entry and exit signals to maximize returns
Amerigo Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Amerigo Resources' price direction in advance. Along with the technical and fundamental analysis of Amerigo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Amerigo 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 | 0.0271 | |||
| Jensen Alpha | 0.1006 | |||
| Total Risk Alpha | (0.34) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.15) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Amerigo Stock
Amerigo Resources financial ratios help investors to determine whether Amerigo Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Amerigo with respect to the benefits of owning Amerigo Resources security.