Argenx Nv Adr Stock Price on February 14, 2024
| ARGX Stock | USD 365.81 10.79 2.87% |
If you're considering investing in Argenx Stock, it is important to understand the factors that can impact its price. As of today, the current price of Argenx NV stands at 365.81, as last reported on the 20th of May, with the highest price reaching 376.32 and the lowest price hitting 364.24 during the day. argenx NV ADR secures Sharpe Ratio (or Efficiency) of -0.0432, which signifies that the company had a -0.0432% return per unit of standard deviation over the last 3 months. argenx NV ADR exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Argenx NV's Coefficient Of Variation of (2,315), mean deviation of 1.42, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide.
Argenx Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Argenx |
Sharpe Ratio = -0.0432
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Estimated Market Risk
| 2.25 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Argenx NV 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 Argenx NV by adding Argenx NV to a well-diversified portfolio.
Argenx NV Valuation on February 14, 2024
It is possible to determine the worth of Argenx NV on a given historical date. On February 14, 2024 Argenx was worth 387.93 at the beginning of the trading date compared to the closed value of 390.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Argenx NV stock. Still, in general, we apply an absolute valuation method to find Argenx NV'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 Argenx NV where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Argenx NV's related companies.
| Open | High | Low | Close | Volume | |
| 383.66 | 390.00 | 383.38 | 386.83 | 383,026 | |
02/14/2024 | 387.93 | 391.05 | 386.17 | 390.27 | 306,695 |
| 391.62 | 394.49 | 391.12 | 393.47 | 179,498 |
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Argenx NV Trading Date Momentum on February 14, 2024
| On February 15 2024 argenx NV ADR was traded for 393.47 at the closing time. The top price for the day was 394.49 and the lowest listed price was 391.12 . The trading volume for the day was 179.5 K. The trading history from February 15, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 0.82% . The trading date delta against the current closing price is 5.22% . |
argenx NV ADR Fundamentals Correlations and Trends
By evaluating Argenx NV'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 Argenx NV's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Argenx financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Argenx NV Stock history
Argenx NV 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 Argenx is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in argenx NV ADR 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 Argenx NV stock prices may prove useful in developing a viable investing in Argenx NV
argenx SE, a biotechnology company, focuses on developing various therapies for the treatment of autoimmune diseases in the United States, the Netherlands, Belgium, Japan, Switzerland, Germany and France. Ltd, Universit Catholique de Louvain, Sopartec S.A., NYU Langone Health, Leiden University Medical Center, AgomAb Therapeutics NV, Broteio Pharma B.V., University of Texas, BioWa, Inc., Cilag GmbH International, Staten Biotechnology B.V., and Shire International GmbH. argenx SE was incorporated in 2008 and is based in Breda, the Netherlands. Argenx Se is traded on NASDAQ Exchange in the United States.
Argenx NV Stock Technical Analysis
Argenx NV 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
Argenx NV Period Price Range
Low | February 14, 2024
| High |
387.93 | 390.27 |
Argenx NV May 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Argenx NV stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Argenx NV shares will generate the highest return on investment. By undertsting and applying Argenx NV stock market strength indicators, traders can identify argenx NV ADR entry and exit signals to maximize returns
| Accumulation Distribution | 3827.32 | |||
| Daily Balance Of Power | 0.4795 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 388.61 | |||
| Day Typical Price | 389.16 | |||
| Price Action Indicator | 2.83 | |||
| Period Momentum Indicator | (24.46) | |||
| Relative Strength Index | 43.51 |
Argenx NV Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Argenx NV's price direction in advance. Along with the technical and fundamental analysis of Argenx Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Argenx 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 | (0.02) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | (0.19) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in argenx NV ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the argenx NV ADR information on this page should be used as a complementary analysis to other Argenx NV'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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Argenx Stock analysis
When running Argenx NV's price analysis, check to measure Argenx NV'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 Argenx NV is operating at the current time. Most of Argenx NV's value examination focuses on studying past and present price action to predict the probability of Argenx NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Argenx NV's price. Additionally, you may evaluate how the addition of Argenx NV to your portfolios can decrease your overall portfolio volatility.
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Is Argenx NV'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 Argenx NV. If investors know Argenx 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 Argenx NV 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 argenx NV ADR is measured differently than its book value, which is the value of Argenx that is recorded on the company's balance sheet. Investors also form their own opinion of Argenx NV's value that differs from its market value or its book value, called intrinsic value, which is Argenx NV'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 Argenx NV's market value can be influenced by many factors that don't directly affect Argenx NV'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 Argenx NV's value and its price as these two are different measures arrived at by different means. Investors typically determine if Argenx NV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Argenx NV'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.