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ARG (Argo Investments Ltd) Stock Analysis
Buy, Hold or Sell?

Let's analyze Argo Investments Ltd together

I guess you are interested in Argo Investments Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • 📊 Fundamental Analysis (FA) – Argo Investments Ltd’s Financial Insights
  • 📈 Technical Analysis (TA) – Argo Investments Ltd’s Price Targets

I'm going to help you getting a better view of Argo Investments Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Argo Investments Ltd (30 sec.)










1.2. What can you expect buying and holding a share of Argo Investments Ltd? (30 sec.)

How much money do you get?

How much money do you get?
A$0.72
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
A$8.33
Expected worth in 1 year
A$10.24
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
A$3.01
Return On Investment
33.2%

For what price can you sell your share?

Current Price per Share
A$9.08
Expected price per share
A$9.07 - A$
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Argo Investments Ltd (5 min.)




Live pricePrice per Share (EOD)
A$9.08
Intrinsic Value Per Share
A$2.13 - A$4.52
Total Value Per Share
A$10.46 - A$12.86

2.2. Growth of Argo Investments Ltd (5 min.)




Is Argo Investments Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$4.1b$3.9b$236.2m5.7%

How much money is Argo Investments Ltd making?

Current yearPrevious yearGrowGrow %
Making money$164.5m$176.7m-$12.1m-7.4%
Net Profit Margin89.6%91.8%--

How much money comes from the company's main activities?

2.3. Financial Health of Argo Investments Ltd (5 min.)




2.4. Comparing to competitors in the Asset Management industry (5 min.)




  Industry Rankings (Asset Management)  


Richest
#66 / 675

Most Revenue
#141 / 675

Most Profit
#76 / 675

Most Efficient
#230 / 675
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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Argo Investments Ltd?

Welcome investor! Argo Investments Ltd's management wants to use your money to grow the business. In return you get a share of Argo Investments Ltd.

First you should know what it really means to hold a share of Argo Investments Ltd. And how you can make/lose money.

Speculation

The Price per Share of Argo Investments Ltd is A$9.08. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Argo Investments Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Argo Investments Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$8.33. Based on the TTM, the Book Value Change Per Share is A$0.48 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.47 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.28 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Argo Investments Ltd.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps0.222.4%0.222.4%0.232.5%0.242.6%0.212.3%0.202.2%
Usd Book Value Change Per Share0.313.4%0.313.4%0.313.4%0.202.2%0.192.0%0.181.9%
Usd Dividend Per Share0.182.0%0.182.0%0.171.9%0.171.8%0.161.8%0.151.7%
Usd Total Gains Per Share0.495.4%0.495.4%0.485.3%0.374.1%0.353.8%0.333.6%
Usd Price Per Share5.62-5.62-5.70-5.68-5.50-5.30-
Price to Earnings Ratio26.07-26.07-24.61-24.05-27.77-26.82-
Price-to-Total Gains Ratio11.47-11.47-11.86-21.09-10.84-19.95-
Price to Book Ratio1.04-1.04-1.11-1.11-1.14-1.20-
Price-to-Total Gains Ratio11.47-11.47-11.86-21.09-10.84-19.95-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share5.905632
Number of shares169
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.180.16
Usd Book Value Change Per Share0.310.19
Usd Total Gains Per Share0.490.35
Gains per Quarter (169 shares)82.7758.62
Gains per Year (169 shares)331.07234.50
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1122209321109126224
2244419652218251458
3365628983327377692
44878371314436502926
5609104616455456281160
6731125619766547531394
7853146523077638791628
89741674263887110041862
910961883296998011302096
10121820933300108912562330

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%25.08.02.071.4%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%3.02.00.060.0%7.03.00.070.0%28.07.00.080.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%34.00.01.097.1%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%9.01.00.090.0%31.04.00.088.6%
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3.2. Key Performance Indicators

The key performance indicators of Argo Investments Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.4760.4760%0.473+1%0.313+52%0.286+67%0.272+75%
Book Value Per Share--8.3348.3340%7.858+6%7.859+6%7.432+12%6.833+22%
Current Ratio--4.1314.1310%6.919-40%5.129-19%7.406-44%42.563-90%
Debt To Asset Ratio--0.1400.1400%0.129+8%0.130+7%0.129+8%0.127+10%
Debt To Equity Ratio--0.1620.1620%0.148+9%0.150+8%0.148+10%0.145+12%
Dividend Per Share--0.2770.2770%0.266+4%0.258+8%0.248+12%0.235+18%
Enterprise Value--5681925687.3605681925687.3600%5932785530.240-4%5905857676.267-4%5773550451.136-2%5617528989.408+1%
Eps--0.3310.3310%0.356-7%0.366-9%0.317+4%0.312+6%
Ev To Ebitda Ratio--20.63320.6330%21.933-6%20.489+1%23.494-12%23.127-11%
Ev To Sales Ratio--20.12120.1210%20.055+0%19.522+3%22.827-12%22.285-10%
Free Cash Flow Per Share--0.3300.3300%0.306+8%0.298+11%0.274+20%0.268+23%
Free Cash Flow To Equity Per Share--0.0520.0520%0.040+29%0.123-58%0.075-31%0.084-38%
Gross Profit Margin--0.9730.9730%1.000-3%0.991-2%0.995-2%0.997-2%
Intrinsic Value_10Y_max--4.525----------
Intrinsic Value_10Y_min--2.126----------
Intrinsic Value_1Y_max--0.332----------
Intrinsic Value_1Y_min--0.257----------
Intrinsic Value_3Y_max--1.090----------
Intrinsic Value_3Y_min--0.739----------
Intrinsic Value_5Y_max--1.960----------
Intrinsic Value_5Y_min--1.180----------
Market Cap6930373777.920+5%6594540687.3606594540687.3600%6686131530.240-1%6665778009.600-1%6460207451.136+2%6214438689.408+6%
Net Profit Margin--0.8960.8960%0.918-2%0.919-3%0.919-2%0.919-3%
Operating Margin--0.9740.9740%0.913+7%0.953+2%0.965+1%0.960+1%
Operating Ratio--0.0620.0620%0.093-34%0.055+11%0.045+37%0.027+126%
Pb Ratio1.089+5%1.0371.0370%1.115-7%1.114-7%1.143-9%1.201-14%
Pe Ratio27.397+5%26.06926.0690%24.608+6%24.047+8%27.766-6%26.815-3%
Price Per Share9.080+5%8.6408.6400%8.760-1%8.733-1%8.464+2%8.142+6%
Price To Free Cash Flow Ratio27.541+5%26.20626.2060%28.584-8%29.691-12%32.052-18%31.014-16%
Price To Total Gains Ratio12.059+5%11.47411.4740%11.857-3%21.093-46%10.842+6%19.950-42%
Quick Ratio--4.7024.7020%7.338-36%5.635-17%7.714-39%46.063-90%
Return On Assets--0.0340.0340%0.039-13%0.041-16%0.037-8%0.040-15%
Return On Equity--0.0400.0400%0.045-12%0.047-15%0.043-7%0.046-13%
Total Gains Per Share--0.7530.7530%0.739+2%0.571+32%0.533+41%0.507+49%
Usd Book Value--4137311472.0004137311472.0000%3901041314.400+6%3901485537.600+6%3689385414.720+12%3391837560.960+22%
Usd Book Value Change Per Share--0.3100.3100%0.308+1%0.204+52%0.186+67%0.177+75%
Usd Book Value Per Share--5.4215.4210%5.111+6%5.112+6%4.834+12%4.444+22%
Usd Dividend Per Share--0.1800.1800%0.173+4%0.168+8%0.161+12%0.153+18%
Usd Enterprise Value--3695524467.0593695524467.0590%3858683708.868-4%3841169832.644-4%3755117213.419-2%3653640854.711+1%
Usd Eps--0.2160.2160%0.232-7%0.238-9%0.206+4%0.203+6%
Usd Free Cash Flow--163666656.000163666656.0000%152138316.000+8%147741395.200+11%135838641.600+20%133275675.360+23%
Usd Free Cash Flow Per Share--0.2140.2140%0.199+8%0.194+11%0.178+20%0.175+23%
Usd Free Cash Flow To Equity Per Share--0.0340.0340%0.026+29%0.080-58%0.049-31%0.055-38%
Usd Market Cap4507515105.159+5%4289089263.0594289089263.0590%4348659947.268-1%4335422017.444-1%4201718926.219+2%4041870923.591+6%
Usd Price Per Share5.906+5%5.6195.6190%5.698-1%5.680-1%5.505+2%5.296+6%
Usd Profit--164526484.800164526484.8000%176718232.800-7%181591029.600-9%157532343.360+4%154698225.360+6%
Usd Revenue--183661252.800183661252.8000%192404580.000-5%197299273.600-7%171401212.800+7%168243846.000+9%
Usd Total Gains Per Share--0.4900.4900%0.481+2%0.371+32%0.347+41%0.330+49%
 EOD+4 -4MRQTTM+0 -0YOY+20 -203Y+18 -225Y+24 -1610Y+25 -15

3.3 Fundamental Score

Let's check the fundamental score of Argo Investments Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1527.397
Price to Book Ratio (EOD)Between0-11.089
Net Profit Margin (MRQ)Greater than00.896
Operating Margin (MRQ)Greater than00.974
Quick Ratio (MRQ)Greater than14.702
Current Ratio (MRQ)Greater than14.131
Debt to Asset Ratio (MRQ)Less than10.140
Debt to Equity Ratio (MRQ)Less than10.162
Return on Equity (MRQ)Greater than0.150.040
Return on Assets (MRQ)Greater than0.050.034
Total6/10 (60.0%)

3.4 Technical Score

Let's check the technical score of Argo Investments Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5066.215
Ma 20Greater thanMa 508.951
Ma 50Greater thanMa 1008.755
Ma 100Greater thanMa 2008.809
OpenGreater thanClose9.120
Total4/5 (80.0%)

4. In-depth Analysis

4.1 About Argo Investments Ltd

Argo Investments Limited is a publicly owned investment manager. The firm manages separate client focused equity portfolios for its clients. It invests in public equity markets of Australia. The firm employs a qualitative analysis with bottom-up stock picking approach to create its portfolio. It conducts in-house analysis to make its investments. Argo Investments Limited was founded in 1946 and is based in Adelaide, Australia with an additional office in Sydney, Australia.

Fundamental data was last updated by Penke on 2025-05-26 14:50:04.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is underpriced.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Argo Investments Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Argo Investments Ltd to the Asset Management industry mean.
  • A Net Profit Margin of 89.6% means that $0.90 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Argo Investments Ltd:

  • The MRQ is 89.6%. The company is making a huge profit. +2
  • The TTM is 89.6%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ89.6%TTM89.6%0.0%
TTM89.6%YOY91.8%-2.3%
TTM89.6%5Y91.9%-2.3%
5Y91.9%10Y91.9%0.0%
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ89.6%57.6%+32.0%
TTM89.6%57.5%+32.1%
YOY91.8%55.9%+35.9%
3Y91.9%58.3%+33.6%
5Y91.9%63.7%+28.2%
10Y91.9%58.8%+33.1%
4.3.1.2. Return on Assets

Shows how efficient Argo Investments Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Argo Investments Ltd to the Asset Management industry mean.
  • 3.4% Return on Assets means that Argo Investments Ltd generated $0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Argo Investments Ltd:

  • The MRQ is 3.4%. Using its assets, the company is less efficient in making profit.
  • The TTM is 3.4%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ3.4%TTM3.4%0.0%
TTM3.4%YOY3.9%-0.5%
TTM3.4%5Y3.7%-0.3%
5Y3.7%10Y4.0%-0.3%
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ3.4%2.0%+1.4%
TTM3.4%2.0%+1.4%
YOY3.9%1.3%+2.6%
3Y4.1%0.9%+3.2%
5Y3.7%1.8%+1.9%
10Y4.0%2.0%+2.0%
4.3.1.3. Return on Equity

Shows how efficient Argo Investments Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Argo Investments Ltd to the Asset Management industry mean.
  • 4.0% Return on Equity means Argo Investments Ltd generated $0.04 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Argo Investments Ltd:

  • The MRQ is 4.0%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 4.0%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ4.0%TTM4.0%0.0%
TTM4.0%YOY4.5%-0.6%
TTM4.0%5Y4.3%-0.3%
5Y4.3%10Y4.6%-0.3%
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ4.0%3.4%+0.6%
TTM4.0%3.4%+0.6%
YOY4.5%2.7%+1.8%
3Y4.7%1.8%+2.9%
5Y4.3%3.0%+1.3%
10Y4.6%3.2%+1.4%
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4.3.2. Operating Efficiency of Argo Investments Ltd.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Argo Investments Ltd is operating .

  • Measures how much profit Argo Investments Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Argo Investments Ltd to the Asset Management industry mean.
  • An Operating Margin of 97.4% means the company generated $0.97  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Argo Investments Ltd:

  • The MRQ is 97.4%. The company is operating very efficient. +2
  • The TTM is 97.4%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ97.4%TTM97.4%0.0%
TTM97.4%YOY91.3%+6.1%
TTM97.4%5Y96.5%+0.8%
5Y96.5%10Y96.0%+0.5%
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ97.4%52.4%+45.0%
TTM97.4%41.1%+56.3%
YOY91.3%72.5%+18.8%
3Y95.3%51.8%+43.5%
5Y96.5%61.2%+35.3%
10Y96.0%57.3%+38.7%
4.3.2.2. Operating Ratio

Measures how efficient Argo Investments Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Asset Management industry mean).
  • An Operation Ratio of 0.06 means that the operating costs are $0.06 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Argo Investments Ltd:

  • The MRQ is 0.062. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.062. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.062TTM0.0620.000
TTM0.062YOY0.093-0.031
TTM0.0625Y0.045+0.017
5Y0.04510Y0.027+0.018
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0620.503-0.441
TTM0.0620.494-0.432
YOY0.0930.591-0.498
3Y0.0550.557-0.502
5Y0.0450.507-0.462
10Y0.0270.555-0.528
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4.4.3. Liquidity of Argo Investments Ltd.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Argo Investments Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Asset Management industry mean).
  • A Current Ratio of 4.13 means the company has $4.13 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Argo Investments Ltd:

  • The MRQ is 4.131. The company is very able to pay all its short-term debts. +2
  • The TTM is 4.131. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ4.131TTM4.1310.000
TTM4.131YOY6.919-2.788
TTM4.1315Y7.406-3.275
5Y7.40610Y42.563-35.156
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ4.1312.885+1.246
TTM4.1312.817+1.314
YOY6.9193.230+3.689
3Y5.1293.925+1.204
5Y7.4064.920+2.486
10Y42.5637.585+34.978
4.4.3.2. Quick Ratio

Measures if Argo Investments Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Argo Investments Ltd to the Asset Management industry mean.
  • A Quick Ratio of 4.70 means the company can pay off $4.70 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Argo Investments Ltd:

  • The MRQ is 4.702. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 4.702. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ4.702TTM4.7020.000
TTM4.702YOY7.338-2.636
TTM4.7025Y7.714-3.012
5Y7.71410Y46.063-38.349
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ4.7022.124+2.578
TTM4.7022.282+2.420
YOY7.3383.364+3.974
3Y5.6354.825+0.810
5Y7.7146.086+1.628
10Y46.0639.064+36.999
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4.5.4. Solvency of Argo Investments Ltd.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of Argo Investments Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Argo Investments Ltd to Asset Management industry mean.
  • A Debt to Asset Ratio of 0.14 means that Argo Investments Ltd assets are financed with 14.0% credit (debt) and the remaining percentage (100% - 14.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Argo Investments Ltd:

  • The MRQ is 0.140. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.140. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.140TTM0.1400.000
TTM0.140YOY0.129+0.010
TTM0.1405Y0.129+0.011
5Y0.12910Y0.127+0.002
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1400.190-0.050
TTM0.1400.188-0.048
YOY0.1290.183-0.054
3Y0.1300.181-0.051
5Y0.1290.196-0.067
10Y0.1270.189-0.062
4.5.4.2. Debt to Equity Ratio

Measures if Argo Investments Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Argo Investments Ltd to the Asset Management industry mean.
  • A Debt to Equity ratio of 16.2% means that company has $0.16 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Argo Investments Ltd:

  • The MRQ is 0.162. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.162. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.162TTM0.1620.000
TTM0.162YOY0.148+0.014
TTM0.1625Y0.148+0.014
5Y0.14810Y0.145+0.003
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1620.234-0.072
TTM0.1620.236-0.074
YOY0.1480.225-0.077
3Y0.1500.228-0.078
5Y0.1480.266-0.118
10Y0.1450.255-0.110
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Argo Investments Ltd generates.

  • Above 15 is considered overpriced but always compare Argo Investments Ltd to the Asset Management industry mean.
  • A PE ratio of 26.07 means the investor is paying $26.07 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Argo Investments Ltd:

  • The EOD is 27.397. Based on the earnings, the company is overpriced. -1
  • The MRQ is 26.069. Based on the earnings, the company is overpriced. -1
  • The TTM is 26.069. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD27.397MRQ26.069+1.328
MRQ26.069TTM26.0690.000
TTM26.069YOY24.608+1.461
TTM26.0695Y27.766-1.697
5Y27.76610Y26.815+0.951
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
EOD27.3978.001+19.396
MRQ26.0697.706+18.363
TTM26.0697.300+18.769
YOY24.6088.173+16.435
3Y24.0475.195+18.852
5Y27.7665.603+22.163
10Y26.8157.011+19.804
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Argo Investments Ltd:

  • The EOD is 27.541. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 26.206. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 26.206. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD27.541MRQ26.206+1.335
MRQ26.206TTM26.2060.000
TTM26.206YOY28.584-2.377
TTM26.2065Y32.052-5.846
5Y32.05210Y31.014+1.038
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
EOD27.5415.492+22.049
MRQ26.2065.352+20.854
TTM26.2066.047+20.159
YOY28.5843.980+24.604
3Y29.6914.025+25.666
5Y32.0523.961+28.091
10Y31.0142.567+28.447
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price of Argo Investments Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Asset Management industry mean).
  • A PB ratio of 1.04 means the investor is paying $1.04 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Argo Investments Ltd:

  • The EOD is 1.089. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.037. Based on the equity, the company is underpriced. +1
  • The TTM is 1.037. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.089MRQ1.037+0.053
MRQ1.037TTM1.0370.000
TTM1.037YOY1.115-0.078
TTM1.0375Y1.143-0.106
5Y1.14310Y1.201-0.059
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
EOD1.0890.935+0.154
MRQ1.0370.932+0.105
TTM1.0370.930+0.107
YOY1.1150.927+0.188
3Y1.1140.942+0.172
5Y1.1431.001+0.142
10Y1.2011.139+0.062
4.6.2. Total Gains per Share

4.7 Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Argo Investments Ltd.

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5. Financial Statements




5.1. Latest Balance Sheet

Balance Sheet of 2024-06-30. Currency in AUD. All numbers in thousands.

Summary
Total Assets7,393,035
Total Liabilities1,031,855
Total Stockholder Equity6,361,180
 As reported
Total Liabilities 1,031,855
Total Stockholder Equity+ 6,361,180
Total Assets = 7,393,035

Assets

Total Assets7,393,035
Total Current Assets155,667
Long-term Assets7,260,002
Total Current Assets
Cash And Cash Equivalents 97,166
Short-term Investments 22,074
Net Receivables 35,867
Other Current Assets 560
Total Current Assets  (as reported)155,667
Total Current Assets  (calculated)155,667
+/-0
Long-term Assets
Property Plant Equipment 2,189
Long Term Investments 7,257,813
Other Assets -22,634
Long-term Assets  (as reported)7,260,002
Long-term Assets  (calculated)7,237,368
+/- 22,634

Liabilities & Shareholders' Equity

Total Current Liabilities37,684
Long-term Liabilities1,437
Total Stockholder Equity6,361,180
Total Current Liabilities
Short-term Debt 218
Accounts payable 1,437
Other Current Liabilities 36,247
Total Current Liabilities  (as reported)37,684
Total Current Liabilities  (calculated)37,902
+/- 218
Long-term Liabilities
Long-term Liabilities  (as reported)1,437
Long-term Liabilities  (calculated)0
+/- 1,437
Total Stockholder Equity
Common Stock3,253,652
Retained Earnings 744,889
Accumulated Other Comprehensive Income 2,362,639
Total Stockholder Equity (as reported)6,361,180
Total Stockholder Equity (calculated)6,361,180
+/-0
Other
Capital Stock3,253,652
Cash and Short Term Investments 119,240
Common Stock Shares Outstanding 758,774
Current Deferred Revenue-1,655
Liabilities and Stockholders Equity 7,393,035
Net Debt -97,166
Net Working Capital 117,983
Property Plant and Equipment Gross 3,274
Short Long Term Debt Total 1,655



5.2. Balance Sheets Structured

Currency in AUD. All numbers in thousands.

 Trend2024-06-302023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302013-06-302012-06-302011-06-302010-06-302009-06-302008-06-302007-06-302006-06-302005-06-302004-06-302003-06-302002-06-302001-06-302000-06-301999-06-301998-06-301997-06-301996-06-301995-06-301994-06-301993-06-301992-06-301991-06-301990-06-301989-06-30
> Total Assets 
210,438
253,593
260,768
539,646
603,532
661,308
634,113
743,852
1,024,621
1,103,002
1,242,920
1,307,550
1,525,204
1,706,999
1,725,389
2,211,381
2,789,875
3,306,938
4,616,454
3,909,675
3,127,445
3,561,400
3,838,216
3,493,084
4,232,680
4,912,162
5,034,649
4,854,537
5,399,358
5,848,938
6,064,311
5,283,538
6,607,251
6,424,615
6,886,964
7,393,035
7,393,0356,886,9646,424,6156,607,2515,283,5386,064,3115,848,9385,399,3584,854,5375,034,6494,912,1624,232,6803,493,0843,838,2163,561,4003,127,4453,909,6754,616,4543,306,9382,789,8752,211,3811,725,3891,706,9991,525,2041,307,5501,242,9201,103,0021,024,621743,852634,113661,308603,532539,646260,768253,593210,438
   > Total Current Assets 
44,411
44,454
43,028
10,304
16,684
8,662
12,270
13,684
74,332
60,319
33,519
106,714
79,038
157,674
168,685
296,682
186,539
192,319
454,440
261,808
126,381
256,898
109,968
186,127
229,035
235,227
116,195
134,322
302,103
351,778
315,924
212,825
216,095
204,773
172,597
155,667
155,667172,597204,773216,095212,825315,924351,778302,103134,322116,195235,227229,035186,127109,968256,898126,381261,808454,440192,319186,539296,682168,685157,67479,038106,71433,51960,31974,33213,68412,2708,66216,68410,30443,02844,45444,411
       Cash And Cash Equivalents 
43,062
42,462
41,299
9,987
15,650
7,779
12,096
13,140
11,145
97,600
82,716
89,020
64,896
141,010
152,836
281,044
160,681
168,466
424,225
228,281
89,961
187,270
82,095
141,727
135,910
126,893
77,644
93,144
209,483
108,519
219,006
168,728
179,297
134,718
125,255
97,166
97,166125,255134,718179,297168,728219,006108,519209,48393,14477,644126,893135,910141,72782,095187,27089,961228,281424,225168,466160,681281,044152,836141,01064,89689,02082,71697,60011,14513,14012,0967,77915,6509,98741,29942,46243,062
       Short-term Investments 
0
0
0
0
0
0
0
0
9,391
14,917
2,283
6,873
2,379
163
78
281,044
207,405
168,466
0
299
1,621
45,000
60,000
10,000
60,000
70,000
1,660
1,865
40,000
120,000
10,595
12,500
10,088
25,000
10,452
22,074
22,07410,45225,00010,08812,50010,595120,00040,0001,8651,66070,00060,00010,00060,00045,0001,6212990168,466207,405281,044781632,3796,8732,28314,9179,39100000000
       Net Receivables 
1,349
1,992
1,729
317
1,034
883
174
544
53,796
6,881
8,934
10,821
11,763
16,501
15,771
15,638
25,858
23,853
30,215
33,527
36,420
24,628
27,873
34,400
33,099
37,651
37,860
46,925
52,620
123,259
85,471
16,604
26,710
30,649
36,890
35,867
35,86736,89030,64926,71016,60485,471123,25952,62046,92537,86037,65133,09934,40027,87324,62836,42033,52730,21523,85325,85815,63815,77116,50111,76310,8218,9346,88153,7965441748831,0343171,7291,9921,349
       Other Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
26
683
691
6,005
9,030
10,651
852
14,993
0
540
841
560
560841540014,99385210,6519,0306,00569168326000000000000000000000000
   > Long-term Assets 
8,918
11,679
121
937
13,728
23,389
5,269
8,252
952,235
996,338
1,149,781
1,205,568
1,446,552
1,545,984
1,553,448
1,911,680
2,556,253
3,109,724
4,162,014
3,645,161
2,998,666
3,348,463
3,667,415
3,315,462
4,063,013
4,746,778
4,918,316
4,714,468
5,137,255
5,617,160
5,748,331
5,070,713
6,391,156
6,219,842
6,714,367
7,260,002
7,260,0026,714,3676,219,8426,391,1565,070,7135,748,3315,617,1605,137,2554,714,4684,918,3164,746,7784,063,0133,315,4623,667,4153,348,4632,998,6663,645,1614,162,0143,109,7242,556,2531,911,6801,553,4481,545,9841,446,5521,205,5681,149,781996,338952,2358,2525,26923,38913,72893712111,6798,918
       Property Plant Equipment 
54
74
121
96
365
14,430
181
157
127
125
113
133
101
134
172
200
472
439
431
513
604
577
491
427
383
345
323
326
275
261
537
1,789
1,380
992
599
2,189
2,1895999921,3801,78953726127532632334538342749157760451343143947220017213410113311312512715718114,430365961217454
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,676,433
4,916,333
4,714,142
5,136,980
5,616,899
5,758,389
5,071,424
6,399,864
6,258,256
6,724,220
7,257,813
7,257,8136,724,2206,258,2566,399,8645,071,4245,758,3895,616,8995,136,9804,714,1424,916,3334,676,4330000000000000000000000000
> Total Liabilities 
11,526
17,060
15,293
39,183
33,682
46,131
37,012
61,473
127,923
125,273
161,560
142,553
197,454
234,759
186,628
259,978
406,767
520,704
757,693
490,478
232,890
333,290
395,055
283,741
470,681
623,453
623,245
543,332
682,844
771,790
792,992
561,299
962,838
787,924
889,053
1,031,855
1,031,855889,053787,924962,838561,299792,992771,790682,844543,332623,245623,453470,681283,741395,055333,290232,890490,478757,693520,704406,767259,978186,628234,759197,454142,553161,560125,273127,92361,47337,01246,13133,68239,18315,29317,06011,526
   > Total Current Liabilities 
0
68
38
86
160
219
209
237
10,046
17,565
3,208
7,310
3,848
2,998
1,675
2,548
4,410
4,823
14,817
5,851
2,070
1,763
1,323
12,354
13,619
8,970
1,000
1,069
3,009
10,243
26,316
12,567
45,890
47,223
24,945
37,684
37,68424,94547,22345,89012,56726,31610,2433,0091,0691,0008,97013,61912,3541,3231,7632,0705,85114,8174,8234,4102,5481,6752,9983,8487,3103,20817,56510,0462372092191608638680
       Short-term Debt 
0
68
38
86
160
219
209
237
108
470
229
6,873
2,379
163
78
0
0
0
0
0
0
45,000
0
10,000
60,000
70,000
0
0
40,000
120,000
0
283
307
332
249
218
2182493323072830120,00040,0000070,00060,00010,000045,000000000781632,3796,8732294701082372092191608638680
       Accounts payable 
0
0
0
0
0
0
0
0
655
2,648
925
437
1,469
2,835
1,675
2,315
4,410
4,823
14,817
5,851
2,070
1,763
1,323
12,354
13,619
8,970
1,000
1,069
3,009
10,243
1,055
1,055
748
416
167
1,437
1,4371674167481,0551,05510,2433,0091,0691,0008,97013,61912,3541,3231,7632,0705,85114,8174,8234,4102,3151,6752,8351,4694379252,64865500000000
       Other Current Liabilities 
0
-68
-38
-86
-160
-219
-209
-237
9,938
17,095
2,979
-437
-1,469
-2,835
-1,675
-2,315
-4,410
-4,823
-14,817
-5,851
-2,070
-1,763
-1,323
-12,354
-13,619
-8,970
-1,000
-1,069
-3,009
-10,243
26,316
11,512
45,142
46,807
24,778
36,247
36,24724,77846,80745,14211,51226,316-10,243-3,009-1,069-1,000-8,970-13,619-12,354-1,323-1,763-2,070-5,851-14,817-4,823-4,410-2,315-1,675-2,835-1,469-4372,97917,0959,938-237-209-219-160-86-38-680
   > Long-term Liabilities 
11,526
598
428
20,973
18,666
30,465
20,547
43,419
107,452
103,172
126,724
0
476
190,652
181,045
249,032
391,434
514,769
726,097
466,844
229,361
329,478
374,005
269,171
448,624
599,192
618,091
536,369
647,287
734,653
766,481
547,538
916,024
740,134
863,783
1,437
1,437863,783740,134916,024547,538766,481734,653647,287536,369618,091599,192448,624269,171374,005329,478229,361466,844726,097514,769391,434249,032181,045190,6524760126,724103,172107,45243,41920,54730,46518,66620,97342859811,526
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,055
748
416
167
0
01674167481,0550000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
27,281
11,484
43,178
4,499
9,753
11,320
1,053
31,095
23,133
3,028
3,125
20,314
14,420
21,907
24,261
618,201
536,523
647,400
734,808
766,676
547,677
916,200
740,285
864,108
0
0864,108740,285916,200547,677766,676734,808647,400536,523618,20124,26121,90714,42020,3143,1253,02823,13331,0951,05311,3209,7534,49943,17811,48427,28100000000000
> Total Stockholder Equity
198,912
236,533
245,475
398,394
469,359
507,051
493,656
571,748
753,055
820,326
908,493
981,779
1,327,750
1,472,240
1,538,761
1,951,403
2,383,108
2,786,234
3,858,761
3,419,197
2,894,555
3,228,110
3,443,161
3,209,343
3,761,999
4,288,709
4,411,404
4,311,205
4,716,514
5,077,148
5,271,319
4,722,239
5,644,413
5,636,691
5,997,911
6,361,180
6,361,1805,997,9115,636,6915,644,4134,722,2395,271,3195,077,1484,716,5144,311,2054,411,4044,288,7093,761,9993,209,3433,443,1613,228,1102,894,5553,419,1973,858,7612,786,2342,383,1081,951,4031,538,7611,472,2401,327,750981,779908,493820,326753,055571,748493,656507,051469,359398,394245,475236,533198,912
   Common Stock
120,587
144,756
145,956
165,647
192,918
193,133
193,133
220,155
254,194
283,424
409,221
439,389
626,747
759,117
809,166
1,049,543
1,120,674
1,219,990
1,725,212
1,865,056
1,943,944
2,083,247
2,167,020
2,198,081
2,304,790
2,437,259
2,473,320
2,572,213
2,671,527
2,795,816
2,838,980
2,883,783
2,921,659
3,155,136
3,204,096
3,253,652
3,253,6523,204,0963,155,1362,921,6592,883,7832,838,9802,795,8162,671,5272,572,2132,473,3202,437,2592,304,7902,198,0812,167,0202,083,2471,943,9441,865,0561,725,2121,219,9901,120,6741,049,543809,166759,117626,747439,389409,221283,424254,194220,155193,133193,133192,918165,647145,956144,756120,587
   Retained Earnings 
5,996
9,213
11,799
10,107
8,652
9,428
11,950
15,826
23,871
24,870
29,503
33,858
40,126
42,002
85,261
93,335
111,651
135,699
166,821
197,625
205,618
213,732
239,866
257,833
275,887
302,519
341,572
372,955
375,456
410,203
503,831
495,500
467,467
620,545
753,027
744,889
744,889753,027620,545467,467495,500503,831410,203375,456372,955341,572302,519275,887257,833239,866213,732205,618197,625166,821135,699111,65193,33585,26142,00240,12633,85829,50324,87023,87115,82611,9509,4288,65210,10711,7999,2135,996
   Accumulated Other Comprehensive Income 
51,629
61,864
67,020
222,640
267,789
304,490
288,573
335,767
474,990
512,032
461,591
508,532
660,877
671,121
644,334
808,525
1,150,783
1,430,545
1,966,728
1,356,516
744,993
931,131
1,036,275
753,429
1,181,322
1,548,931
1,596,512
1,366,037
1,669,531
1,871,129
1,928,508
1,342,956
2,255,287
1,861,010
2,040,788
2,362,639
2,362,6392,040,7881,861,0102,255,2871,342,9561,928,5081,871,1291,669,5311,366,0371,596,5121,548,9311,181,322753,4291,036,275931,131744,9931,356,5161,966,7281,430,5451,150,783808,525644,334671,121660,877508,532461,591512,032474,990335,767288,573304,490267,789222,64067,02061,86451,629
   Capital Surplus 000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000
   Other Stockholders Equity 
20,700
20,700
20,700
324,709
368,553
412,927
392,174
446,591
-1
0
8,178
692,019
661,182
671,461
0
0
0
0
0
0
0
0
0
0
0
239,436
241,581
210,198
246,223
251,965
275,091
239,119
264,513
322,935
2,040,788
0
02,040,788322,935264,513239,119275,091251,965246,223210,198241,581239,43600000000000671,461661,182692,0198,1780-1446,591392,174412,927368,553324,70920,70020,70020,700



5.3. Balance Sheets

Currency in AUD. All numbers in thousands.




5.4. Cash Flows

Currency in AUD. All numbers in thousands.




5.5. Income Statements

Currency in AUD. All numbers in thousands.


5.6. Latest Income Statement

Income Statement (annual), 2024-06-30. Currency in AUD. All numbers in thousands.

Gross Profit (+$)
totalRevenue282,382
Cost of Revenue-7,315
Gross Profit275,067275,067
 
Operating Income (+$)
Gross Profit275,067
Operating Expense-10,138
Operating Income272,244264,929
 
Operating Expense (+$)
Research Development0
Selling General Administrative3,215
Selling And Marketing Expenses6,923
Operating Expense10,13810,138
 
Net Interest Income (+$)
Interest Income0
Interest Expense-0
Other Finance Cost-0
Net Interest Income0
 
Pretax Income (+$)
Operating Income272,244
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)274,937269,551
EBIT - interestExpense = 274,937
274,937
252,962
Interest Expense0
Earnings Before Interest and Taxes (EBIT)274,937274,937
Earnings Before Interest and Taxes (EBITDA)275,381
 
After tax Income (+$)
Income Before Tax274,937
Tax Provision-21,975
Net Income From Continuing Ops252,962252,962
Net Income252,962
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses10,138
Total Other Income/Expenses Net2,6930
 

Technical Analysis of Argo Investments Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Argo Investments Ltd. The general trend of Argo Investments Ltd is BULLISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Argo Investments Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (71.4%) Bearish trend (-71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Argo Investments Ltd Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Argo Investments Ltd.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: .

The bearish price targets are: 9.116051027027 > 9.07 > 9.07.

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Argo Investments Ltd Daily Support & Resistance Chart
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2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Argo Investments Ltd. The current mas is .

The long score for the Moving Averages is 12/14.
The longshort score for the Moving Averages is 10/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Argo Investments Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Argo Investments Ltd. The current macd is 0.09295243.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Argo Investments Ltd price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Argo Investments Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Argo Investments Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Argo Investments Ltd Daily Moving Average Convergence/Divergence (MACD) ChartArgo Investments Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Argo Investments Ltd. The current adx is 39.05.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Argo Investments Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Argo Investments Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Argo Investments Ltd. The current sar is 8.92702368.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Argo Investments Ltd Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Argo Investments Ltd. The current rsi is 66.21. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
Argo Investments Ltd Daily Relative Strength Index (RSI) ChartArgo Investments Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Argo Investments Ltd. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Argo Investments Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Argo Investments Ltd Daily Stochastic Oscillator ChartArgo Investments Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Argo Investments Ltd. The current cci is 110.26.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Argo Investments Ltd Daily Commodity Channel Index (CCI) ChartArgo Investments Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Argo Investments Ltd. The current cmo is 33.59.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Argo Investments Ltd Daily Chande Momentum Oscillator (CMO) ChartArgo Investments Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Argo Investments Ltd. The current willr is -23.52941176.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Argo Investments Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Argo Investments Ltd Daily Williams %R ChartArgo Investments Ltd Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Argo Investments Ltd.

Argo Investments Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Argo Investments Ltd. The current atr is 0.06997268.

Argo Investments Ltd Daily Average True Range (ATR) ChartArgo Investments Ltd Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Argo Investments Ltd. The current obv is 6,791,567.

Argo Investments Ltd Daily On-Balance Volume (OBV) ChartArgo Investments Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Argo Investments Ltd. The current mfi is 67.36.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Argo Investments Ltd Daily Money Flow Index (MFI) ChartArgo Investments Ltd Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Argo Investments Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2025-01-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-01-23STOCH LONG EXITThe %K line crosses below the %D line.
2025-01-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-01-29CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-01-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-03DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-04STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-02-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-02-06CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-02-07DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-10STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-02-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2025-02-12STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-02-17STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-18STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-24DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-02-25STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-02-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2025-02-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-03STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-03-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-11STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-13RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-14STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-18MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-24STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-25SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-03-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2025-03-27DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-03-28STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-04-02STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-03STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-07STOCH SHORT EXITThe %K line crosses above the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-08RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-09STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-04-10STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-17MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-04-22STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-29STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-01STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-02CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-05-05STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-08STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-12CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-13STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-05-14MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-05-16STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-19STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-21STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-22WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-23STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-26SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-05-27STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-03STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-06STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-11STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-13RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Argo Investments Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Argo Investments Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5066.215
Ma 20Greater thanMa 508.951
Ma 50Greater thanMa 1008.755
Ma 100Greater thanMa 2008.809
OpenGreater thanClose9.120
Total4/5 (80.0%)
Penke
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