Argenx Nv Adr Stock Technical Analysis
ARGX Stock | USD 375.00 0.08 0.02% |
As of the 25th of April, Argenx NV shows the Semi Deviation of 1.46, risk adjusted performance of 0.0259, and Mean Deviation of 1.35. argenx NV ADR technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for argenx NV ADR, which can be compared to its peers. Please confirm argenx NV ADR mean deviation, information ratio, as well as the relationship between the Information Ratio and downside variance to decide if argenx NV ADR is priced correctly, providing market reflects its regular price of 375.0 per share. Given that Argenx NV has jensen alpha of (0.01), we suggest you to validate argenx NV ADR's prevailing market performance to make sure the company can sustain itself at a future point.
Argenx NV Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Argenx, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ArgenxArgenx |
Argenx NV Analyst Consensus
Target Price | Advice | # of Analysts | |
583.2 | Strong Buy | 23 | Odds |
Most Argenx analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Argenx stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of argenx NV ADR, talking to its executives and customers, or listening to Argenx conference calls.
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.
argenx NV ADR Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of argenx NV ADR volatility. High ATR values indicate high volatility, and low values indicate low volatility.
argenx NV ADR Trend Analysis
Use this graph to draw trend lines for argenx NV ADR. You can use it to identify possible trend reversals for Argenx NV as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Argenx NV price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Argenx NV Best Fit Change Line
The following chart estimates an ordinary least squares regression model for argenx NV ADR applied against its price change over selected period. The best fit line has a slop of 0.34 , which may suggest that argenx NV ADR market price will keep on failing further. It has 122 observation points and a regression sum of squares at 4454.95, which is the sum of squared deviations for the predicted Argenx NV price change compared to its average price change.About Argenx NV Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of argenx NV ADR on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of argenx NV ADR based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on argenx NV ADR price pattern first instead of the macroeconomic environment surrounding argenx NV ADR. By analyzing Argenx NV's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Argenx NV's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Argenx NV specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 28.05 | 246.39 | 148.6 | 123.61 | PTB Ratio | 7.06 | 7.32 | 5.31 | 7.69 |
Argenx NV April 25, 2024 Technical Indicators
Most technical analysis of Argenx help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Argenx from various momentum indicators to cycle indicators. When you analyze Argenx charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
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Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0259 | |||
Market Risk Adjusted Performance | 0.0805 | |||
Mean Deviation | 1.35 | |||
Semi Deviation | 1.46 | |||
Downside Deviation | 1.54 | |||
Coefficient Of Variation | 3322.64 | |||
Standard Deviation | 2.18 | |||
Variance | 4.74 | |||
Information Ratio | (0.01) | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.22) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | 0.0705 | |||
Maximum Drawdown | 14.1 | |||
Value At Risk | (2.62) | |||
Potential Upside | 3.55 | |||
Downside Variance | 2.38 | |||
Semi Variance | 2.13 | |||
Expected Short fall | (1.66) | |||
Skewness | 2.34 | |||
Kurtosis | 10.55 |
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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge 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.
Earnings Share (5.18) | 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.