Immatics Stock Forecast - Naive Prediction

IMTX Stock

USD 6.73 0.00 0.00%

Immatics Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Immatics historical stock prices and determine the direction of Immatics NV's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Immatics historical fundamentals such as revenue growth or operating cash flow patterns. Although Immatics naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Immatics NV systematic risk associated with finding meaningful patterns of Immatics fundamentals over time.

Check out Historical Fundamental Analysis of Immatics to cross-verify your projections. For more information on how to buy Immatics Stock please use our How to Invest in Immatics guide.

Immatics Deferred Revenue is fairly stable at the moment as compared to the past year. Immatics reported Deferred Revenue of 113.42 Million in 2022. Investments is likely to rise to about 13.1 M in 2023, whereas Total Assets are likely to drop slightly above 196.2 M in 2023.

Open Interest Agains t 2023-04-21 Immatics Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Immatics' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest Immatics' options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies Immatics stock based on available contracts left at the end of a trading day.

Please note, to derive more accurate forecasting about market movement from the current Immatics' open interest, investors have to compare it to Immatics' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Immatics is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Immatics. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.

Most investors in Immatics cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Immatics' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Immatics' price structures and extracts relationships that further increase the generated results' accuracy.

A naive forecasting model for Immatics is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Immatics NV value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

More About Naive Prediction All Equity Analysis

Immatics Naive Prediction Price Forecast For the 24th of March

Given 90 days horizon, the Naive Prediction forecasted value of Immatics NV on the next trading day is expected to be 6.64 with a mean absolute deviation of 0.21, mean absolute percentage error of 0.07, and the sum of the absolute errors of 13.01.

Please note that although there have been many attempts to predict Immatics Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Immatics' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Immatics Stock Forecast Pattern

Backtest Immatics

Immatics Price Prediction

Buy or Sell Advice

Immatics Forecasted Value

In the context of forecasting Immatics' Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Immatics' downside and upside margins for the forecasting period are 3.36 and 9.92, respectively. We have considered Immatics' daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.

Market Value 6.73

3.36

Downside

6.64

Expected Value

Target Odds

Above Odds

Below Odds

9.92

Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Immatics stock data series using in forecasting. Note that when a statistical model is used to represent Immatics stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.

AIC	Akaike Information Criteria	117.267
Bias	Arithmetic mean of the errors	None
MAD	Mean absolute deviation	0.2098
MAPE	Mean absolute percentage error	0.0253
SAE	Sum of the absolute errors	13.0067

This model is not at all useful as a medium-long range forecasting tool of Immatics NV. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Immatics. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Immatics

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Immatics NV. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.

Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Immatics' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Immatics in the context of predictive analytics.

Hype

Prediction

Low	Estimated Value	High
3.50	6.78	10.06

Details

Intrinsic

Valuation

Low	Real Value	High
6.06	10.34	13.62

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
6.87	7.78	8.70

Details

4 Analysts

Consensus

Low	Target Price	High
16.00	20.48	28.90

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Immatics. Your research has to be compared to or analyzed against Immatics' peers to derive any actionable benefits. When done correctly, Immatics' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Immatics NV.

Other Forecasting Options for Immatics

For every potential investor in Immatics, whether a beginner or expert, Immatics' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Immatics Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Immatics. Basic forecasting techniques help filter out the noise by identifying Immatics' price trends.

Immatics Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Immatics stock to make a market-neutral strategy. Peer analysis of Immatics could also be used in its relative valuation, which is a method of valuing Immatics by comparing valuation metrics with similar companies.

MesoblastJohnson JohnsonCisco SystemsWalt DisneyChevron CorpMcDonaldsAmerican ExpressJPMorgan ChaseExxon Mobil CorpGeneral ElectricAmerican AirlinesAlcoa CorpApple IncBest BuyCitigroup

Risk & Return

Correlation

Immatics NV Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Immatics' price movements, , a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Immatics' current price.

	Cycle Indicators
	Math Operators
	Math Transform
	Momentum Indicators
	Overlap Studies
	Pattern Recognition
	Price Transform
	Statistic Functions
	Volatility Indicators
	Volume Indicators

Immatics Market Strength Events

Market strength indicators help investors to evaluate how Immatics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Immatics shares will generate the highest return on investment. By undertsting and applying Immatics stock market strength indicators, traders can identify Immatics NV entry and exit signals to maximize returns.

	Accumulation Distribution	14207.06
	Rate Of Daily Change	1.0
	Day Median Price	6.9
	Day Typical Price	6.84
	Market Facilitation Index	0.0
	Price Action Indicator	(0.16)

Immatics Risk Indicators

The analysis of Immatics' basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Immatics' investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Immatics stock price, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.

	Mean Deviation	2.35
	Standard Deviation	3.06
	Variance	9.38

Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Immatics in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Immatics' short interest history, or implied volatility extrapolated from Immatics options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Immatics NV using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

Fix portfolios for free

Check out Historical Fundamental Analysis of Immatics to cross-verify your projections. For more information on how to buy Immatics Stock please use our How to Invest in Immatics guide. You can also try ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

Complementary Tools for analysis

When running Immatics NV price analysis, check to measure Immatics' 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 Immatics is operating at the current time. Most of Immatics' value examination focuses on studying past and present price action to predict the probability of Immatics' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Immatics' price. Additionally, you may evaluate how the addition of Immatics to your portfolios can decrease your overall portfolio volatility.

	Risk-Return Analysis View associations between returns expected from investment and the risk you assume
	Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
	Commodity Channel Index Use Commodity Channel Index to analyze current equity momentum
	Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
	Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
	Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
	Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
	Global Correlations Find global opportunities by holding instruments from different markets
	Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities
	Analyst Recommendations Analyst recommendations and target price estimates broken down by several categories
	Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios
	Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios.
	Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges

Is Immatics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Immatics. If investors know Immatics 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 Immatics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

0.55

Revenue Per Share

2.354

Quarterly Revenue Growth

1.337

Return On Assets

0.0313

Return On Equity

0.4583

The market value of Immatics NV is measured differently than its book value, which is the value of Immatics that is recorded on the company's balance sheet. Investors also form their own opinion of Immatics' value that differs from its market value or its book value, called intrinsic value, which is Immatics' 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 Immatics' market value can be influenced by many factors that don't directly affect Immatics' 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 Immatics' value and its price as these two are different measures arrived at by different means. Investors typically determine Immatics value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Immatics' 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2023 Macroaxis LLC

	Naive Prediction
	Simple Exponential Smoothing
	Double Exponential Smoothing
	Triple Exponential Smoothing
	Simple Regression
	Polynomial Regression
	Simple Moving Average
	4 Period Moving Average
	8 Period Moving Average
	20 Period Moving Average

Immatics Stock Forecast - Naive Prediction

Open Interest Agains t 2023-04-21 Immatics Option Contracts

Immatics Naive Prediction Price Forecast For the 24th of March

Immatics Stock Forecast Pattern

Immatics Forecasted Value

Model Predictive Factors

Predictive Modules for Immatics

Other Forecasting Options for Immatics

Immatics Related Equities

Immatics NV Technical and Predictive Analytics

Immatics Market Strength Events

Immatics Risk Indicators

Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

Align your risk with return expectations

Complementary Tools for analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY