Argenx Nv Adr Stock Price on March 26, 2024
| ARGX Stock | USD 365.81 10.79 2.87% |
Below is the normalized historical share price chart for argenx NV ADR extending back to May 18, 2017. 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 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.
If you're considering investing in Argenx Stock, it is important to understand the factors that can impact its price. 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 Risk Adjusted Performance of (0.01), coefficient of variation of (2,987), and Mean Deviation of 1.41 to double-check the risk estimate we provide.
At this time, Argenx NV's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Total Equity is likely to rise to about 5.7 M in 2024, whereas Common Stock is likely to drop slightly above 3.6 M in 2024. . At this time, Argenx NV's Price Book Value Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to rise to 1.28 in 2024, whereas Price To Sales Ratio is likely to drop 16.85 in 2024. Argenx Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 18th of May 2017 | 200 Day MA 434.6848 | 50 Day MA 380.2951 | Beta 0.366 |
Argenx |
Sharpe Ratio = -0.0432
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| Negative Returns | ARGX |
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.
Price Book 5.471 | Enterprise Value Ebitda (100.18) | Price Sales 17.7243 | Shares Float 58.8 M | Wall Street Target Price 479.59 |
Argenx NV Valuation on March 26, 2024
It is possible to determine the worth of Argenx NV on a given historical date. On March 26, 2024 Argenx was worth 398.71 at the beginning of the trading date compared to the closed value of 397.57. 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 | |
| 396.63 | 400.00 | 394.14 | 398.42 | 179,831 | |
03/26/2024 | 398.71 | 401.85 | 393.61 | 397.57 | 166,387 |
| 398.93 | 400.21 | 393.58 | 398.59 | 243,584 |
| Backtest Argenx NV | | | Argenx NV History | | | Argenx NV Valuation | Previous | Next |
Argenx NV Trading Date Momentum on March 26, 2024
| On March 27 2024 argenx NV ADR was traded for 398.59 at the closing time. The top price for the day was 400.21 and the lowest listed price was 393.58 . The trading volume for the day was 243.6 K. The trading history from March 27, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 0.26% . The trading date delta against the current closing price is 2.60% . |
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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 57.2 M | 33.5 M | |
| Net Loss | -638.6 M | -606.7 M |
Argenx NV Quarterly Net Working Capital |
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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 | March 26, 2024
| High |
398.71 | 397.57 |
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 | 3411.79 | |||
| Daily Balance Of Power | (0.14) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 397.73 | |||
| Day Typical Price | 397.68 | |||
| Market Facilitation Index | 1.0E-4 | |||
| Price Action Indicator | (0.73) | |||
| Period Momentum Indicator | (31.76) | |||
| 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 | (0.01) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (0.08) |
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| Math Transform | ||
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| Volume Indicators |
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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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.
Earnings Share (5.67) | Revenue Per Share 0.999 | Quarterly Revenue Growth 0.794 | Return On Assets (0.07) | Return On Equity (0.09) |
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.