Argenx Nv Adr Stock Technical Analysis
| ARGX Stock | USD 599.35 5.40 0.91% |
As of the 14th of November 2024, Argenx NV shows the Risk Adjusted Performance of 0.0892, mean deviation of 1.3, and Semi Deviation of 1.4. argenx NV ADR technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.
Argenx NV Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Argenx, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ArgenxArgenx |
Argenx NV Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 583.2 | Strong Buy | 23 | Odds |
Most Argenx analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Argenx stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of argenx NV ADR, talking to its executives and customers, or listening to Argenx conference calls.
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.
argenx NV ADR Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of argenx NV ADR volatility. High ATR values indicate high volatility, and low values indicate low volatility.
argenx NV ADR Trend Analysis
Use this graph to draw trend lines for argenx NV ADR. You can use it to identify possible trend reversals for Argenx NV as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Argenx NV price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Argenx NV Best Fit Change Line
The following chart estimates an ordinary least squares regression model for argenx NV ADR applied against its price change over selected period. The best fit line has a slop of 1.16 , which means argenx NV ADR will continue generating value for investors. It has 122 observation points and a regression sum of squares at 50506.43, which is the sum of squared deviations for the predicted Argenx NV price change compared to its average price change.About Argenx NV Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of argenx NV ADR on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of argenx NV ADR based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on argenx NV ADR price pattern first instead of the macroeconomic environment surrounding argenx NV ADR. By analyzing Argenx NV's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Argenx NV's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Argenx NV specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 24.01 | 246.39 | 148.6 | 109.24 | PTB Ratio | 7.06 | 7.32 | 5.31 | 7.69 |
Argenx NV November 14, 2024 Technical Indicators
Most technical analysis of Argenx help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Argenx from various momentum indicators to cycle indicators. When you analyze Argenx charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0892 | |||
| Market Risk Adjusted Performance | (0.57) | |||
| Mean Deviation | 1.3 | |||
| Semi Deviation | 1.4 | |||
| Downside Deviation | 1.54 | |||
| Coefficient Of Variation | 913.08 | |||
| Standard Deviation | 1.82 | |||
| Variance | 3.33 | |||
| Information Ratio | 0.0246 | |||
| Jensen Alpha | 0.2367 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0292 | |||
| Treynor Ratio | (0.58) | |||
| Maximum Drawdown | 10.08 | |||
| Value At Risk | (2.40) | |||
| Potential Upside | 3.89 | |||
| Downside Variance | 2.37 | |||
| Semi Variance | 1.96 | |||
| Expected Short fall | (1.50) | |||
| Skewness | 0.761 | |||
| Kurtosis | 2.3 |
Argenx NV November 14, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Argenx stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 4,759 | ||
| Daily Balance Of Power | 0.48 | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 597.57 | ||
| Day Typical Price | 598.16 | ||
| Price Action Indicator | 4.48 |
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.