Argo Long Term Investments vs Short Term Investments Analysis

ARGD Stock  USD 21.79  0.34  1.54%   
Argo Group financial indicator trend analysis is way more than just evaluating Argo Group 65 prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Argo Group 65 is a good investment. Please check the relationship between Argo Group Long Term Investments and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Argo Group 65. 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.

Long Term Investments vs Short Term Investments

Long Term Investments vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Argo Group 65 Long Term Investments account and Short Term Investments. At this time, the significance of the direction appears to have weak relationship.
The correlation between Argo Group's Long Term Investments and Short Term Investments is 0.39. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Argo Group 65, assuming nothing else is changed. The correlation between historical values of Argo Group's Long Term Investments and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Argo Group 65 are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Long Term Investments i.e., Argo Group's Long Term Investments and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Long Term Investments

Long Term Investments is an item on the asset side of Argo Group balance sheet that represents investments Argo Group 65 intends to hold for over a year. Argo Group 65 long term investments may include different instruments such as stocks, bonds, real estate and cash.

Short Term Investments

Short Term Investments is an item under the current assets section of Argo Group balance sheet. It contains any investments Argo Group 65 undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Argo Group 65 can easily liquidate in the marketplace.
Most indicators from Argo Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Argo Group 65 current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Argo Group 65. 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.
As of December 13, 2024, Enterprise Value Over EBITDA is expected to decline to 0.01. In addition to that, Enterprise Value Multiple is expected to decline to 0.01
 2021 2022 2023 2024 (projected)
Total Revenue2.1B1.8B2.0B1.6B
Interest Expense21.6M26.8M30.8M26.6M

Argo Group fundamental ratios Correlations

-0.120.81-0.30.310.25-0.33-0.30.990.640.250.140.820.390.160.40.570.10.730.00.42-0.420.550.460.020.55
-0.12-0.180.04-0.09-0.04-0.01-0.02-0.1-0.19-0.31-0.39-0.29-0.260.0-0.24-0.2-0.02-0.050.03-0.470.53-0.5-0.38-0.34-0.5
0.81-0.18-0.010.63-0.01-0.08-0.420.810.280.25-0.040.50.370.350.220.19-0.140.83-0.260.34-0.480.440.270.360.44
-0.30.04-0.010.65-1.00.140.46-0.26-0.850.120.22-0.260.150.77-0.54-0.87-0.97-0.2-0.84-0.620.26-0.33-0.480.42-0.33
0.31-0.090.630.65-0.68-0.220.20.38-0.440.25-0.120.070.230.56-0.34-0.52-0.770.49-0.62-0.30.0-0.05-0.350.78-0.05
0.25-0.04-0.01-1.0-0.68-0.06-0.50.20.83-0.13-0.220.22-0.17-0.760.540.850.980.180.840.63-0.280.340.49-0.440.34
-0.33-0.01-0.080.14-0.22-0.06-0.65-0.43-0.23-0.030.37-0.33-0.040.37-0.03-0.230.02-0.3-0.260.26-0.340.280.43-0.380.28
-0.3-0.02-0.420.460.2-0.5-0.65-0.2-0.380.08-0.07-0.050.04-0.03-0.29-0.34-0.49-0.3-0.13-0.670.59-0.55-0.70.38-0.55
0.99-0.10.81-0.260.380.2-0.43-0.20.590.230.070.790.370.150.350.530.040.76-0.010.33-0.350.460.340.110.46
0.64-0.190.28-0.85-0.440.83-0.23-0.380.590.20.050.720.18-0.470.691.00.750.390.630.66-0.390.550.6-0.370.55
0.25-0.310.250.120.25-0.13-0.030.080.230.20.160.520.740.160.540.17-0.170.2-0.070.1-0.010.140.090.160.14
0.14-0.39-0.040.22-0.12-0.220.37-0.070.070.050.160.360.310.580.120.06-0.2-0.29-0.370.33-0.440.550.63-0.310.55
0.82-0.290.5-0.260.070.22-0.33-0.050.790.720.520.360.530.130.540.690.10.460.070.38-0.330.550.44-0.10.55
0.39-0.260.370.150.23-0.17-0.040.040.370.180.740.310.530.340.730.14-0.220.12-0.190.1-0.060.110.18-0.030.11
0.160.00.350.770.56-0.760.37-0.030.15-0.470.160.580.130.34-0.26-0.51-0.790.03-0.89-0.2-0.140.140.080.080.14
0.4-0.240.22-0.54-0.340.54-0.03-0.290.350.690.540.120.540.73-0.260.680.50.130.430.51-0.230.280.48-0.370.28
0.57-0.20.19-0.87-0.520.85-0.23-0.340.531.00.170.060.690.14-0.510.680.790.320.670.65-0.370.520.59-0.40.52
0.1-0.02-0.14-0.97-0.770.980.02-0.490.040.75-0.17-0.20.1-0.22-0.790.50.790.050.850.61-0.270.280.47-0.490.28
0.73-0.050.83-0.20.490.18-0.3-0.30.760.390.2-0.290.460.120.030.130.320.050.120.17-0.230.360.080.370.36
0.00.03-0.26-0.84-0.620.84-0.26-0.13-0.010.63-0.07-0.370.07-0.19-0.890.430.670.850.120.330.020.140.14-0.230.14
0.42-0.470.34-0.62-0.30.630.26-0.670.330.660.10.330.380.1-0.20.510.650.610.170.33-0.840.790.88-0.170.79
-0.420.53-0.480.260.0-0.28-0.340.59-0.35-0.39-0.01-0.44-0.33-0.06-0.14-0.23-0.37-0.27-0.230.02-0.84-0.84-0.78-0.06-0.84
0.55-0.50.44-0.33-0.050.340.28-0.550.460.550.140.550.550.110.140.280.520.280.360.140.79-0.840.83-0.051.0
0.46-0.380.27-0.48-0.350.490.43-0.70.340.60.090.630.440.180.080.480.590.470.080.140.88-0.780.83-0.450.83
0.02-0.340.360.420.78-0.44-0.380.380.11-0.370.16-0.31-0.1-0.030.08-0.37-0.4-0.490.37-0.23-0.17-0.06-0.05-0.45-0.05
0.55-0.50.44-0.33-0.050.340.28-0.550.460.550.140.550.550.110.140.280.520.280.360.140.79-0.841.00.83-0.05
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Argo Group Account Relationship Matchups

Argo Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.5B10.5B10.3B1.3B8.5B7.1B
Total Stockholder Equity1.8B1.9B1.7B1.2B1.3B1.6B
Net Debt(137.8M)(148.8M)(146.1M)61.2M(791.6M)(752.0M)
Retained Earnings811.1M684.1M636.4M407.3M900K855K
Cash137.8M148.8M146.1M5.2M791.6M831.2M
Non Current Assets Total456.8M402.3M417.3M1.6B322.3M440.3M
Non Currrent Assets Other(4.3B)(4.7B)(4.7B)(6.1B)(5.5B)(5.8B)
Other Assets9.1B9.4B9.1B(360.6M)6.9B6.0B
Cash And Short Term Investments982.8M691.4M801.9M7M1.2B1.3B
Net Receivables4.3B3M7.3M44.9M53.1M50.4M
Common Stock Shares Outstanding34.2M34.6M34.8M35.0M31.5M26.7M
Short Term Investments845M542.6M655.8M1.8M429.5M461.8M
Liabilities And Stockholders Equity10.5B10.5B10.3B1.3B8.5B7.1B
Non Current Liabilities Total8.7B8.6B(25M)67.1M77.2M73.3M
Other Stockholder Equity921.5M1.1B1.1B1.1B51.1M48.5M
Total Liab8.7B8.6B32M67.1M7.2B7.6B
Total Current Assets982.8M694.4M809.2M51.9M1.3B1.3B
Common Stock45.7M46M46.2M46.4M1.1B1.1B
Accumulated Other Comprehensive Income2.8M58.6M(22.7M)(305.1M)51.8M54.4M
Intangible Assets91.8M60.5M17.3M44.9M180.6M189.6M
Net Tangible Assets1.6B1.5B1.5B1.5B1.7B1.6B
Long Term Debt580.7M580.2M578.7M458.7M527.5M468.5M
Common Stock Total Equity40.4M45.3M45.7M46M52.9M43.3M
Retained Earnings Total Equity977M862.6M811.1M684.1M615.7M696.0M
Long Term Debt Total580.7M580.2M578.7M458.7M527.5M468.5M
Capital Surpluse1.1B1.4B1.4B1.4B1.6B1.2B
Long Term Investments4.8B4.8B5.1B5.3B6.1B5.0B
Non Current Liabilities Other6.3B7.2B8.2B8.1B9.4B6.5B

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When determining whether Argo Group 65 is a strong investment it is important to analyze Argo Group'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 Argo Group's future performance. For an informed investment choice regarding Argo Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Argo Group 65. 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 Transaction History module to view history of all your transactions and understand their impact on performance.
Is Oil & Gas Exploration & Production space 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 Argo Group. If investors know Argo 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 Argo Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Argo Group 65 is measured differently than its book value, which is the value of Argo that is recorded on the company's balance sheet. Investors also form their own opinion of Argo Group's value that differs from its market value or its book value, called intrinsic value, which is Argo Group'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 Argo Group's market value can be influenced by many factors that don't directly affect Argo Group'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 Argo Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Argo Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Argo Group'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.