Immatics Stock Forecast - 8 Period Moving Average

IMTX Stock  USD 8.58  0.27  3.25%   
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.
Please see Historical Fundamental Analysis of Immatics to cross-verify your projections.
  

Open Interest Agains t 2023-02-17 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.
An 8-period moving average forecast model for Immatics is based on an artificially constructed time series of Immatics daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Immatics 8 Period Moving Average Price Forecast For the 4th of February

Given 90 days horizon, the 8 Period Moving Average forecasted value of Immatics NV on the next trading day is expected to be 8.17 with a mean absolute deviation of 0.47, mean absolute percentage error of 0.35, and the sum of the absolute errors of 25.64.
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 ImmaticsImmatics Price PredictionBuy 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 4.88 and 11.46, 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 8.58
8.17
Expected Value
11.46
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average 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.
AICAkaike Information Criteria104.1937
BiasArithmetic mean of the errors 0.1947
MADMean absolute deviation0.4747
MAPEMean absolute percentage error0.0511
SAESum of the absolute errors25.6363
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Immatics NV 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

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
LowEstimated ValueHigh
5.388.6711.96
Details
Intrinsic
Valuation
LowReal ValueHigh
7.7212.5815.87
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
7.758.499.22
Details
4 Analysts
Consensus
LowTarget PriceHigh
19.0025.2532.00
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.
CarvanaUnified Series TrustAPI MULTI-ASSET INCOMEMerck CompanyEscalon Medical CorpKismet Acquisition TwoKismet Acquisition TwoAmerican AirlinesAlcoa CorpApple IncBest BuyCitigroupSentinelOneCVS Health CorpChevron Corp
 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.

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.
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

Fix your portfolio
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
Please see Historical Fundamental Analysis of Immatics to cross-verify your projections. You can also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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.
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
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.
Market Capitalization
633.4 M
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.