Argan SA

10-Year Study

ARG.PA · Real Estate · FR · Common Stock

Executive Summary: Argan SA has compounded at 14.3% annually over the last 10 years, with a maximum drawdown of 43.4% and an annualized volatility of 28.9%.

1Y CAGR
-3.4%
3Y CAGR
-0.9%
5Y CAGR
-4.0%
10Y CAGR
+14.3%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
43.4%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.54
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.69
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
23.8%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2019 · +80.9%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -33.4%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
70%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20260.07.7-20.710.6————————-5.5%
20255.10.01.7-0.85.71.70.6-1.8-1.56.0-3.10.914.9%
2024-3.5-6.313.1-12.05.1-6.23.71.1-3.4-7.7-2.5-8.7-26.3%
20233.07.7-14.42.8-1.1-2.91.08.3-15.12.220.69.417.4%
2022-3.8-4.58.0-0.90.0-20.411.7-8.4-13.2-4.21.6-1.7-33.4%
20215.7-2.3-6.95.77.615.66.81.3-3.91.50.76.443.0%
20201.37.9-18.15.011.33.04.94.2-5.8-3.6-1.75.310.7%
201912.84.215.1-6.93.78.92.01.34.86.46.63.780.9%
2018-2.80.30.312.5-3.31.26.23.80.2-3.9-2.50.712.3%
20174.46.54.99.87.04.63.74.7-1.85.41.91.065.7%
2016———1.3-0.44.43.1-0.85.70.2-3.43.313.8%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 28.9%. The dominant macroeconomic risk driver is VEA.US, accounting for 29.3% of variance. Idiosyncratic stock-specific factors contribute 22.6%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110127.808561164222
2016-05-0110082.26268038726
2016-06-0110523.838519149975
2016-07-0110851.549655970288
2016-08-0110765.085550751995
2016-09-0111379.58959995129
2016-10-0111406.86841624551
2016-11-0111015.405224380442
2016-12-0111379.58959995129
2017-01-0111880.289837423126
2017-02-0112649.515922791208
2017-03-0113273.09261401693
2017-04-0114575.04718991658
2017-05-0115590.269743652196
2017-06-0116309.383182122634
2017-07-0116910.978505754127
2017-08-0117710.040796444013
2017-09-0117390.428058211048
2017-10-0118321.013213176644
2017-11-0118668.818120927972
2017-12-0118856.84710467028
2018-01-0118330.451196492726
2018-02-0118377.458442428306
2018-03-0118424.46568836388
2018-04-0120733.9706509164
2018-05-0120058.88083784936
2018-06-0120300.0060890215
2018-07-0121553.674724471777
2018-08-0122373.378798027163
2018-09-0122421.603848261588
2018-10-0121553.674724471777
2018-11-0121023.260062108024
2018-12-0121167.935212811302
2019-01-0123868.17268464958
2019-02-0124880.776959142666
2019-03-0128626.194970468245
2019-04-0126652.012421603853
2019-05-0127639.10369603605
2019-06-0130106.862327224015
2019-07-0130699.141447969316
2019-08-0131094.01449187116
2019-09-0132574.68184862693
2019-10-0134647.628326128
2019-11-0136917.98088047251
2019-12-0138299.884308591616
2020-01-0138793.460390915185
2020-02-0141853.49814284845
2020-03-0134292.51659258358
2020-04-0136017.292821043666
2020-05-0140075.564756743595
2020-06-0141293.06460451806
2020-07-0143322.17012726055
2020-08-0145148.38945381477
2020-09-0142510.503562077574
2020-10-0140988.67442002071
2020-11-0140278.45095293187
2020-12-0142409.060463983435
2021-01-0144844.06015953237
2021-02-0143829.44650794617
2021-03-0140785.72733361749
2021-04-0143129.75704804238
2021-05-0146411.37429215126
2021-06-0153651.76886074409
2021-07-0157297.9967119284
2021-08-0158027.217926079284
2021-09-0155735.31023564514
2021-10-0156568.77549777751
2021-11-0156985.44723862875
2021-12-0160631.67508981308
2022-01-0158339.76739937893
2022-02-0155735.31023564514
2022-03-0160215.00334896182
2022-04-0159682.09218778543
2022-05-0159682.09218778543
2022-06-0147532.54581988675
2022-07-0153074.46873287462
2022-08-0148598.307252024606
2022-09-0142203.79954941242
2022-10-0140445.2901418742
2022-11-0141084.75917919991
2022-12-0140392.01120379956
2023-01-0141617.60945016136
2023-02-0144814.89374657493
2023-03-0138354.19838032029
2023-04-0139411.86141387079
2023-05-0138966.571271996596
2023-06-0137853.25458198868
2023-07-0138242.89106740547
2023-08-0141415.880168057
2023-09-0135181.209279668765
2023-10-0135960.543140717295
2023-11-0143364.18437557085
2023-12-0147427.87554040066
2024-01-0145757.900505388796
2024-02-0142863.24057723924
2024-03-0148497.22949522013
2024-04-0142659.07568653717
2024-05-0144855.62930037143
2024-06-0142081.04487608842
2024-07-0143641.72197527857
2024-08-0144104.18315776656
2024-09-0142601.29087255678
2024-10-0139306.4604518054
2024-11-0138323.814163063995
2024-12-0134971.19892833222
2025-01-0136763.0761736589
2025-02-0136763.0761736589
2025-03-0137386.591974669675
2025-04-0137082.140899957376
2025-05-0139213.298422943444
2025-06-0139883.09078731049
2025-07-0140126.651647080325
2025-08-0139395.96906777081
2025-09-0138787.06691834623
2025-10-0141100.89508615965
2025-11-0139822.20057236803
2025-12-0140187.54186202278
2026-01-0140187.54186202278
2026-02-0143292.942824088175
2026-03-0134342.08122754673
2026-04-0137995.49412409426
Annual Return Matrix
YearAnnual Return
20170.657076201126884
20180.12255962491039307
20190.8093349173428912
20200.10728951874327297
20210.42968682697664273
2022-0.33381337157571045
20230.17418950250091192
2024-0.26264462555269685
20250.14916111238795682
2026-0.054545454545454564
Total Factor Risk
0.288791857573846
VTI.US Exposure
0.13944708592971367
VEA.US Exposure
0.2929959879963081
VWO.US Exposure
-0.04677748983182605
QQQ.US Exposure
-0.06884922469435631
VTV.US Exposure
-0.09152482508441064
IJR.US Exposure
-0.023966290969882537
QUAL.US Exposure
0.06809124520411314
SHV.US Exposure
0.22786440155514628
TLT.US Exposure
0.014502775802169573
LQD.US Exposure
-0.0128690929379011
HYG.US Exposure
-0.010317560259288325
GLD.US Exposure
0.006976575787837732
USO.US Exposure
-0.0021447776802241015
VNQ.US Exposure
0.2600500945239944
BTC-USD.CC Exposure
-0.002644754658677004
CPER.US Exposure
-0.003998914549201504
VIX.INDX Exposure
-0.00662890076909212
UUP.US Exposure
0.020892328078996956
TIP.US Exposure
0.01308689857916951
Idiosyncratic Exposure
0.22581443797741033
Value Score
48
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
71.3
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
28.9%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →5.0x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →5.94%
Market Cap$1.5B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$2,101
Avg Yield on Cost
21.01%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$2,100.7121.01%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-2.2%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-4.0%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
12.2% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.05
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Argan SA a high-risk investment?

Argan SA (ARG.PA) has an annualized volatility of 28.9% and experienced a maximum drawdown of 43.4% over the last 10 years. Its primary macro risk driver is VEA.US.

What is the 10-year return of ARG.PA?

Over the past 10 years, ARG.PA has generated a Compound Annual Growth Rate (CAGR) of 14.3%. It has had a positive return in 70% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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