Argenx Cost Of Revenue from 2010 to 2024

ARGX Stock  USD 388.20  0.00  0.00%   
Argenx NV Cost Of Revenue yearly trend continues to be fairly stable with very little volatility. Cost Of Revenue is likely to outpace its year average in 2024. During the period from 2010 to 2024, Argenx NV Cost Of Revenue regression line of annual values had r-squared of  0.34 and arithmetic mean of  126,047,085. View All Fundamentals
 
Cost Of Revenue  
First Reported
2013-03-31
Previous Quarter
36 M
Current Value
143 M
Quarterly Volatility
39.1 M
 
Yuan Drop
 
Covid
Check Argenx NV financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Argenx main balance sheet or income statement drivers, such as Depreciation And Amortization of 116.9 M, Interest Expense of 858.8 K or Selling General Administrative of 532.8 M, as well as many exotic indicators such as Price To Sales Ratio of 16.85, Dividend Yield of 0.0 or PTB Ratio of 7.69. Argenx financial statements analysis is a perfect complement when working with Argenx NV Valuation or Volatility modules.
  
This module can also supplement Argenx NV's financial leverage analysis and stock options assessment as well as various Argenx NV Technical models . Check out the analysis of Argenx NV Correlation against competitors.

Latest Argenx NV's Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of argenx NV ADR over the last few years. Cost of Revenue is found on argenx NV ADR income statement and represents the costs associated with goods and services Argenx NV provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is Argenx NV's Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Argenx NV's overall financial position and show how it may be relating to other accounts over time.
Cost Of Revenue10 Years Trend
Slightly volatile
   Cost Of Revenue   
       Timeline  

Argenx Cost Of Revenue Regression Statistics

Arithmetic Mean126,047,085
Geometric Mean30,344,180
Coefficient Of Variation118.55
Mean Deviation120,024,529
Median45,192,791
Standard Deviation149,428,811
Sample Variance22329T
Range509M
R-Value0.59
Mean Square Error15759.5T
R-Squared0.34
Significance0.02
Slope19,615,252
Total Sum of Squares312605.6T

Argenx Cost Of Revenue History

2024171.6 M
2023117.8 M
202229.4 M
2021510 M
2020303.6 M
2019196.8 M
2018250.6 M

About Argenx NV Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Argenx NV income statement, its balance sheet, and the statement of cash flows. Argenx NV investors use historical funamental indicators, such as Argenx NV's Cost Of Revenue, to determine how well the company is positioned to perform in the future. Although Argenx NV investors may use each financial statement separately, they are all related. The changes in Argenx NV's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Argenx NV's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Argenx NV Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Argenx NV. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cost Of Revenue117.8 M171.6 M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Argenx NV in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Argenx NV's short interest history, or implied volatility extrapolated from Argenx NV options trading.

Pair Trading with Argenx NV

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Argenx NV position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Argenx NV will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Argenx NV could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Argenx NV when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Argenx NV - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling argenx NV ADR to buy it.
The correlation of Argenx NV is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Argenx NV moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if argenx NV ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Argenx NV can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether argenx NV ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Argenx NV's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Argenx Nv Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Argenx Nv Adr Stock:
Check out the analysis of Argenx NV Correlation against competitors.
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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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
(5.15)
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.