Argenx Nv Adr Stock Price on November 28, 2024

ARGX Stock  USD 614.59  7.43  1.22%   
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 614.59, as last reported on the 28th of November, with the highest price reaching 620.28 and the lowest price hitting 609.07 during the day.
IPO Date
18th of May 2017
200 Day MA
460.879
50 Day MA
560.7075
Beta
0.267
 
Covid
If you're considering investing in Argenx Stock, it is important to understand the factors that can impact its price. Argenx NV appears to be very steady, given 3 months investment horizon. argenx NV ADR secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for argenx NV ADR, which you can use to evaluate the volatility of the firm. Please makes use of Argenx NV's Risk Adjusted Performance of 0.1161, mean deviation of 1.43, and Semi Deviation of 1.68 to double-check if our risk estimates are consistent with your expectations.
  
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.

Sharpe Ratio = 0.1459

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsARGX
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 2.01
  actual daily
17
83% of assets are more volatile

Expected Return

 0.29
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.15
  actual daily
11
89% of assets perform better
Based on monthly moving average Argenx NV is performing at about 11% of its full potential. 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 it to a well-diversified portfolio.
Price Book
8.6223
Enterprise Value Ebitda
(100.18)
Price Sales
19.2545
Shares Float
59.4 M
Wall Street Target Price
627.2307

Argenx NV Valuation on November 28, 2024

It is possible to determine the worth of Argenx NV on a given historical date. On November 28, 2024 Argenx was worth 615.61 at the beginning of the trading date compared to the closed value of 614.59. 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
  615.61    620.28    609.07    614.59    347,664  
11/28/2024
  615.61    620.28    609.07    614.59    0.00  
Backtest Argenx NV  |  Argenx NV History  |  Argenx NV Valuation   Previous
Open Value
615.61
609.57
Downside
614.59
Closing Value
621.65
Upside

Argenx NV Trading Date Momentum on November 28, 2024

On November 28 2024 argenx NV ADR was traded for  614.59  at the closing time. The top price for the day was 620.28  and the lowest listed price was  609.07 . There was no trading activity during the period 0.0. Lack of trading volume on November 28, 2024 had no short-term effect on price fluctuation. The trading date delta against the current closing price is 0.17% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding57.2 M33.5 M
Net Loss-638.6 M-606.7 M

Argenx NV Quarterly Net Working Capital

3.76 Billion

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.
A focus of Argenx NV technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Argenx NV trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Argenx NV Period Price Range

Low
November 28, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

argenx NV ADR cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Argenx NV November 28, 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

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.

Additional 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.