Argan Change In Cash from 2010 to 2024
| AGX Stock | USD 60.84 0.18 0.29% |
Change In Cash | First Reported 1992-04-30 | Previous Quarter -19.2 M | Current Value 11.5 M | Quarterly Volatility 30.9 M |
Check Argan financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Argan main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.3 M, Interest Expense of 7.8 M or Total Revenue of 602 M, as well as many exotic indicators such as Price To Sales Ratio of 1.26, Dividend Yield of 0.0231 or PTB Ratio of 3.36. Argan financial statements analysis is a perfect complement when working with Argan Valuation or Volatility modules.
Argan | Change In Cash |
Latest Argan's Change In Cash Growth Pattern
Below is the plot of the Change In Cash of Argan Inc over the last few years. It is Argan's Change In Cash historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Argan's overall financial position and show how it may be relating to other accounts over time.
| Change In Cash | 10 Years Trend |
|
Change In Cash |
| Timeline |
Argan Change In Cash Regression Statistics
| Arithmetic Mean | 9,178,617 | |
| Coefficient Of Variation | 1,024 | |
| Mean Deviation | 62,108,442 | |
| Median | 18,618,000 | |
| Standard Deviation | 93,973,024 | |
| Sample Variance | 8830.9T | |
| Range | 375.8M | |
| R-Value | (0.13) | |
| Mean Square Error | 9352.9T | |
| R-Squared | 0.02 | |
| Significance | 0.65 | |
| Slope | (2,702,972) | |
| Total Sum of Squares | 123633T |
Argan Change In Cash History
About Argan Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Argan income statement, its balance sheet, and the statement of cash flows. Argan investors use historical funamental indicators, such as Argan's Change In Cash, to determine how well the company is positioned to perform in the future. Although Argan investors may use each financial statement separately, they are all related. The changes in Argan's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Argan's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Argan Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Argan. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Change In Cash | 23.1 M | 24.2 M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Argan in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Argan's short interest history, or implied volatility extrapolated from Argan options trading.
Pair Trading with Argan
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Argan position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Argan will appreciate offsetting losses from the drop in the long position's value.Moving against Argan Stock
| 0.68 | VATE | Innovate Corp | PairCorr |
| 0.66 | ACA | Arcosa Inc | PairCorr |
| 0.53 | WLGS | Wang Lee Group Report 20th of May 2024 | PairCorr |
| 0.48 | ESOA | Energy Services Financial Report 29th of May 2024 | PairCorr |
The ability to find closely correlated positions to Argan could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Argan when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Argan - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Argan Inc to buy it.
The correlation of Argan is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Argan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Argan Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Argan can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Argan Correlation against competitors. Note that the Argan Inc information on this page should be used as a complementary analysis to other Argan's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary 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.
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Is Argan's industry 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 Argan. If investors know Argan 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 Argan listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.10) | Dividend Share 1.1 | Earnings Share 2.39 | Revenue Per Share 42.898 | Quarterly Revenue Growth 0.385 |
The market value of Argan Inc is measured differently than its book value, which is the value of Argan that is recorded on the company's balance sheet. Investors also form their own opinion of Argan's value that differs from its market value or its book value, called intrinsic value, which is Argan'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 Argan's market value can be influenced by many factors that don't directly affect Argan'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 Argan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Argan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Argan'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.