Argent Mid is trading at 37.45 as of the 30th of November 2024, a 0.43 percent increase since the beginning of the trading day. The etf's lowest day price was 37.45. Argent Mid has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Argent Mid Cap are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund is an actively managed ETF that seeks to achieve its investment objective by investing in the equity securities of mid-capitalization companies i.e., companies with market capitalizations in the range of the Russell MidCap Index that the Sub-Adviser believes are undergoing positive internal andor external change. The company has 52.71 M outstanding shares of which 294.88 K shares are presently shorted by private and institutional investors with about 1.45 trading days to cover. More on Argent Mid Cap
Argent Mid Cap [AMID] is traded in USA and was established 2022-08-16. The fund is listed under Mid-Cap Blend category and is part of Argent family. The entity is thematically classified as Mid Cap ETFs. Argent Mid Cap presently have 22.24 M in assets under management (AUM). , while the total return for the last year was 35.7%.
Argent Mid Cap currently holds about 15.79 M in cash with (13.91 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.29.
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Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Argent Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Argent Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Argent Mid Cap Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Argent Mid. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether Argent Mid Cap is a strong investment it is important to analyze Argent Mid's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Argent Mid's future performance. For an informed investment choice regarding Argent Etf, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Argent Mid Cap. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
The market value of Argent Mid Cap is measured differently than its book value, which is the value of Argent that is recorded on the company's balance sheet. Investors also form their own opinion of Argent Mid's value that differs from its market value or its book value, called intrinsic value, which is Argent Mid'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 Argent Mid's market value can be influenced by many factors that don't directly affect Argent Mid'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 Argent Mid's value and its price as these two are different measures arrived at by different means. Investors typically determine if Argent Mid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Argent Mid'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.