Argonaut Gold Price on July 12, 2024
ARNGFDelisted Stock | USD 0.37 0.00 0.00% |
If you're considering investing in Argonaut Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Argonaut Gold stands at 0.37, as last reported on the 22nd of December, with the highest price reaching 0.38 and the lowest price hitting 0.36 during the day. We have found twenty-seven technical indicators for Argonaut Gold, which you can use to evaluate the volatility of the firm. Please confirm Argonaut Gold's mean deviation of 1.75, and Risk Adjusted Performance of 0.1033 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%.
Argonaut Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Argonaut |
Sharpe Ratio = 0.0
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Based on monthly moving average Argonaut Gold 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 Argonaut Gold by adding Argonaut Gold to a well-diversified portfolio.
Argonaut Gold Valuation on July 12, 2024
It is possible to determine the worth of Argonaut Gold on a given historical date. On July 12, 2024 Argonaut was worth 0.36 at the beginning of the trading date compared to the closed value of 0.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Argonaut Gold pink sheet. Still, in general, we apply an absolute valuation method to find Argonaut Gold'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 Argonaut Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Argonaut Gold's related companies.
Open | High | Low | Close | Volume | |
0.35 | 0.36 | 0.35 | 0.36 | 175,594 | |
07/12/2024 | 0.36 | 0.36 | 0.35 | 0.36 | 159,500 |
0.37 | 0.37 | 0.36 | 0.36 | 776,400 |
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Argonaut Gold Trading Date Momentum on July 12, 2024
On July 15 2024 Argonaut Gold was traded for 0.36 at the closing time. The highest daily price throughout the period was 0.37 and the lowest price was 0.36 . The daily volume was 776.4 K. The net trading volume on 07/15/2024 did not affect price variability. The overall trading delta to current closing price is 2.78% . |
Argonaut Gold Fundamentals Correlations and Trends
By evaluating Argonaut Gold'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 Argonaut Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Argonaut financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Argonaut Gold Pink Sheet history
Argonaut Gold 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 Argonaut is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Argonaut Gold 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 Argonaut Gold stock prices may prove useful in developing a viable investing in Argonaut Gold
Argonaut Gold Inc. is a Canadian company engaged in gold mining, mine development, and mineral exploration activities at gold-bearing mineral properties in North America. Argonaut Gold Inc. was founded in 2007 and is headquartered in Reno, Nevada. Argonaut Gold operates under Gold classification in the United States and is traded on OTC Exchange.
Argonaut Gold Pink Sheet Technical Analysis
Argonaut Gold technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Argonaut Gold Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Argonaut Gold cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Argonaut Gold December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Argonaut Gold pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Argonaut Gold shares will generate the highest return on investment. By undertsting and applying Argonaut Gold pink sheet market strength indicators, traders can identify Argonaut Gold entry and exit signals to maximize returns
Argonaut Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Argonaut Gold's price direction in advance. Along with the technical and fundamental analysis of Argonaut Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Argonaut 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 | 0.1033 | |||
Jensen Alpha | 0.284 | |||
Total Risk Alpha | 0.2193 | |||
Sortino Ratio | 0.0743 | |||
Treynor Ratio | 1.73 |
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Other Consideration for investing in Argonaut Pink Sheet
If you are still planning to invest in Argonaut Gold check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Argonaut Gold's history and understand the potential risks before investing.
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