Argenx Nv Adr Stock Performance
| ARGX Stock | USD 393.42 10.08 2.63% |
The firm shows a Beta (market volatility) of 0.71, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Argenx NV's returns are expected to increase less than the market. However, during the bear market, the loss of holding Argenx NV is expected to be smaller as well. argenx NV ADR has an expected return of -0.0201%. Please make sure to confirm argenx NV ADR downside variance, and the relationship between the total risk alpha and daily balance of power , to decide if argenx NV ADR performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days argenx NV ADR has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong technical and fundamental indicators, Argenx NV is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors. ...more
Actual Historical Performance (%)
One Day Return 2.63 | Five Day Return 6.09 | Year To Date Return 3.26 | Ten Year Return 1.6 K | All Time Return 1.6 K |
1 | argenx Shares Gap Down to 401.48 | 02/12/2024 |
2 | argenx SE Q4 2023 Earnings Call Transcript | 03/01/2024 |
3 | Truist raises Argenx target to 440 on CIDP, Sjogrens treatment prospects | 03/05/2024 |
4 | Sectoral Asset Management Inc. Boosts Stock Position in argenx SE | 03/06/2024 |
5 | Reasons to Invest in argenx | 03/19/2024 |
6 | Why Argenxs Stock Price Moved Up 11 percent on Thursday | 03/22/2024 |
7 | argenx Announces Approval of VYVGART in Japan for Adults with Primary Immune Thrombocytopenia | 03/26/2024 |
8 | Harbor Capital Appreciation Fund Adjusts Portfolio, NVIDIA Corp Sees a 2.1 percent Impact | 04/01/2024 |
9 | Intellia to Report Q1 Earnings Whats in the Cards | 04/25/2024 |
10 | argenx to Report First Quarter 2024 Financial Results and Business Update on May 9, 2024 | 05/02/2024 |
| Begin Period Cash Flow | 800.7 M |
Argenx |
Argenx NV Relative Risk vs. Return Landscape
If you would invest 40,337 in argenx NV ADR on February 3, 2024 and sell it today you would lose (995.00) from holding argenx NV ADR or give up 2.47% of portfolio value over 90 days. argenx NV ADR is currently does not generate positive expected returns and assumes 2.0561% risk (volatility on return distribution) over the 90 days horizon. In different words, 18% of stocks are less volatile than Argenx, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Argenx NV Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Argenx NV's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as argenx NV ADR, and traders can use it to determine the average amount a Argenx NV's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0098
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| Negative Returns | ARGX |
Estimated Market Risk
| 2.06 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.02 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 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 Fundamentals Growth
Argenx Stock prices reflect investors' perceptions of the future prospects and financial health of Argenx NV, and Argenx NV fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Argenx Stock performance.
| Return On Equity | -0.0854 | ||||
| Return On Asset | -0.0685 | ||||
| Profit Margin | (0.23) % | ||||
| Operating Margin | (0.33) % | ||||
| Current Valuation | 19.57 B | ||||
| Shares Outstanding | 59.43 M | ||||
| Price To Earning | 5.54 X | ||||
| Price To Book | 5.47 X | ||||
| Price To Sales | 17.72 X | ||||
| Revenue | 1.23 B | ||||
| Gross Profit | (251.79 M) | ||||
| EBITDA | (220.78 M) | ||||
| Net Income | (425.05 M) | ||||
| Cash And Equivalents | 2.6 B | ||||
| Cash Per Share | 47.17 X | ||||
| Total Debt | 20 M | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 11.07 X | ||||
| Book Value Per Share | 69.22 X | ||||
| Cash Flow From Operations | (420.33 M) | ||||
| Earnings Per Share | (5.14) X | ||||
| Market Capitalization | 22.99 B | ||||
| Total Asset | 4.54 B | ||||
| Retained Earnings | (2.4 B) | ||||
| Working Capital | 3.7 B | ||||
| Current Asset | 78.94 M | ||||
| Current Liabilities | 30.84 M | ||||
About Argenx NV Performance
To evaluate argenx NV ADR Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Argenx NV generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Argenx Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand argenx NV ADR market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Argenx's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 961.94 | 1,010 | |
| Return On Tangible Assets | (0.07) | (0.07) | |
| Return On Capital Employed | (0.10) | (0.11) | |
| Return On Assets | (0.06) | (0.07) | |
| Return On Equity | (0.07) | (0.08) |
Things to note about argenx NV ADR performance evaluation
Checking the ongoing alerts about Argenx NV for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for argenx NV ADR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| argenx NV ADR generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 1.23 B. Net Loss for the year was (425.05 M) with loss before overhead, payroll, taxes, and interest of (251.79 M). | |
| argenx NV ADR currently holds about 2.6 B in cash with (420.33 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 47.17. | |
| argenx NV ADR has a poor financial position based on the latest SEC disclosures | |
| Roughly 56.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from benzinga.com: argenx to Report First Quarter 2024 Financial Results and Business Update on May 9, 2024 |
- Analyzing Argenx NV's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Argenx NV's stock is overvalued or undervalued compared to its peers.
- Examining Argenx NV's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Argenx NV's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Argenx NV's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Argenx NV's stock. These opinions can provide insight into Argenx NV's potential for growth and whether the stock is currently undervalued or overvalued.
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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
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 (5.14) | Revenue Per Share 0.8876 | Quarterly Revenue Growth 1.349 | 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.