Argo Blockchain Plc Stock Price Prediction

ARBK Stock  USD 1.35  0.05  3.85%   
The relative strength index (RSI) of Argo Blockchain's the stock price is about 62. This suggests that the stock is rather overbought by investors as of now. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Argo, making its price go up or down.

Oversold Vs Overbought

62

 
Oversold
 
Overbought
The successful prediction of Argo Blockchain's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Argo Blockchain PLC, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Argo Blockchain's stock price prediction:
Quarterly Earnings Growth
(0.94)
EPS Estimate Next Quarter
(0.08)
EPS Estimate Current Year
(0.04)
EPS Estimate Next Year
(0.25)
Wall Street Target Price
1.03
Using Argo Blockchain hype-based prediction, you can estimate the value of Argo Blockchain PLC from the perspective of Argo Blockchain response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Argo Blockchain to buy its stock at a price that has no basis in reality. In that case, they are not buying Argo because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Argo Blockchain after-hype prediction price

    
  USD 1.27  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Argo Blockchain Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
0.071.427.75
Details
4 Analysts
Consensus
LowTargetHigh
1.601.761.95
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.44-0.41-0.38
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Argo Blockchain. Your research has to be compared to or analyzed against Argo Blockchain's peers to derive any actionable benefits. When done correctly, Argo Blockchain's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Argo Blockchain PLC.

Argo Blockchain After-Hype Price Prediction Density Analysis

As far as predicting the price of Argo Blockchain at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Argo Blockchain or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Argo Blockchain, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Argo Blockchain Estimiated After-Hype Price Volatility

In the context of predicting Argo Blockchain's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Argo Blockchain's historical news coverage. Argo Blockchain's after-hype downside and upside margins for the prediction period are 0.06 and 7.60, respectively. We have considered Argo Blockchain's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
1.35
1.27
After-hype Price
7.60
Upside
Argo Blockchain is extremely dangerous at this time. Analysis and calculation of next after-hype price of Argo Blockchain PLC is based on 3 months time horizon.

Argo Blockchain Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Argo Blockchain is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Argo Blockchain backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Argo Blockchain, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.31 
6.33
  0.03 
  0.02 
3 Events / Month
5 Events / Month
In about 3 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
1.35
1.27
2.31 
7,033  
Notes

Argo Blockchain Hype Timeline

Argo Blockchain PLC is presently traded for 1.35. The entity has historical hype elasticity of -0.03, and average elasticity to hype of competition of -0.02. Argo is forecasted to decline in value after the next headline, with the price expected to drop to 1.27. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -2.31%, whereas the daily expected return is presently at 0.31%. The volatility of related hype on Argo Blockchain is about 12005.17%, with the expected price after the next announcement by competition of 1.33. The company has Price/Earnings To Growth (PEG) ratio of 0.08. Argo Blockchain PLC recorded a loss per share of 0.9. The entity had not issued any dividends in recent years. Given the investment horizon of 90 days the next forecasted press release will be in about 3 days.
Check out Argo Blockchain Basic Forecasting Models to cross-verify your projections.

Argo Blockchain Related Hype Analysis

Having access to credible news sources related to Argo Blockchain's direct competition is more important than ever and may enhance your ability to predict Argo Blockchain's future price movements. Getting to know how Argo Blockchain's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Argo Blockchain may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
WULFTerawulf 0.15 10 per month 4.86  0.20  11.94 (7.48) 24.33 
IRENIris Energy 0.24 9 per month 4.65  0.12  14.82 (7.16) 29.47 
SDIGStronghold Digital Mining(0.11)9 per month 4.06  0.14  14.48 (7.94) 92.02 
BITFBitfarms(0.13)9 per month 4.18  0.04  10.16 (6.44) 22.44 
DMGGFDmg Blockchain Solutions 0.00 0 per month 4.02  0.05  10.00 (7.50) 31.90 
APPCFAPAC Resources Limited 0.00 0 per month 0.00 (0.02) 0.00  0.00  10.00 
ARCNFArcane Crypto AB 0.00 0 per month 0.00  0.12  0.00  0.00  900.00 
ABITAthena Bitcoin Global 0.00 0 per month 7.84  0.17  33.33 (12.24) 80.27 
CIFRCipher Mining(0.12)10 per month 4.00  0.14  14.17 (6.87) 31.30 
GREEGreenidge Generation Holdings(0.20)3 per month 4.95  0.07  13.33 (7.65) 28.52 
CLSKCleanSpark(0.41)11 per month 4.60  0.10  10.74 (7.80) 24.74 

Argo Blockchain Additional Predictive Modules

Most predictive techniques to examine Argo price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Argo using various technical indicators. When you analyze Argo charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Argo Blockchain Predictive Indicators

The successful prediction of Argo Blockchain stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Argo Blockchain PLC, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Argo Blockchain based on analysis of Argo Blockchain hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Argo Blockchain's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Argo Blockchain's related companies.
 2023 2024 (projected)
Days Sales Outstanding12.37.02
PTB Ratio1.2K1.3K

Story Coverage note for Argo Blockchain

The number of cover stories for Argo Blockchain depends on current market conditions and Argo Blockchain's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Argo Blockchain is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Argo Blockchain's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Argo Blockchain Short Properties

Argo Blockchain's future price predictability will typically decrease when Argo Blockchain's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Argo Blockchain PLC often depends not only on the future outlook of the potential Argo Blockchain's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Argo Blockchain's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding50.4 M
Cash And Short Term Investments7.8 M
When determining whether Argo Blockchain PLC is a strong investment it is important to analyze Argo Blockchain'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 Blockchain's future performance. For an informed investment choice regarding Argo Stock, refer to the following important reports:
Check out Argo Blockchain Basic Forecasting Models to cross-verify your projections.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Asset Management & Custody Banks 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 Blockchain. 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 Blockchain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.94)
Earnings Share
(0.90)
Revenue Per Share
1.01
Quarterly Revenue Growth
(0.03)
Return On Assets
(0.16)
The market value of Argo Blockchain PLC 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 Blockchain's value that differs from its market value or its book value, called intrinsic value, which is Argo Blockchain'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 Blockchain's market value can be influenced by many factors that don't directly affect Argo Blockchain'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 Blockchain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Argo Blockchain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Argo Blockchain'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.