This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Immatics NV. It also helps investors analyze the systematic and unsystematic risks associated with investing in Immatics over a specified time horizon. Remember, high Immatics' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Please note that although Immatics alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, Immatics did 0.05 worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Immatics NV stock's relative risk over its benchmark. Immatics NV has a beta of 0.58 . As returns on the market increase, Immatics returns are expected to increase less than the market. However, during the bear market, the loss on holding Immatics will be expected to be smaller as well. Immatics Book Value per Share is fairly stable at the moment as compared to the past year. Immatics reported Book Value per Share of 3.25 in 2022. Enterprise Value over EBIT is likely to rise to 10.79 in 2023, whereas Tangible Assets Book Value per Share are likely to drop 5.58 in 2023.
Immatics Quarterly Book Value per Share
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Check out Immatics Backtesting, Immatics Valuation, Immatics Correlation, Immatics Hype Analysis, Immatics Volatility, Immatics History and analyze Immatics Performance.
Immatics Market PremiumsInvestors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Immatics market risk premium is the additional return an investor will receive from holding Immatics long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Immatics. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Immatics' performance over market.
Immatics expected buy-and-hold returnsAlthough buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Immatics' Buy-and-hold return. Our buy-and-hold chart shows how Immatics performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.
Immatics Market Price Analysis
Market price analysis 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 understating and applying Immatics stock market price indicators, traders can identify Immatics position entry and exit signals to maximize returns.
Immatics Return and Market MediaThe median price of Immatics for the period between Wed, Jul 5, 2023 and Tue, Oct 3, 2023 is 11.96 with a coefficient of variation of 3.66. The daily time series for the period is distributed with a sample standard deviation of 0.44, arithmetic mean of 11.91, and mean deviation of 0.35. The Stock received substential amount of media coverage during this period.
About Immatics Beta and Alpha
Immatics Upcoming Company Events
As portrayed in its financial statements, the presentation of Immatics' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Immatics' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Immatics' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Immatics. Please utilize our Beneish M Score to check the likelihood of Immatics' management manipulating its earnings.
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Check out Immatics Backtesting, Immatics Valuation, Immatics Correlation, Immatics Hype Analysis, Immatics Volatility, Immatics History and analyze Immatics Performance. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for Immatics Stock analysis
When running Immatics' 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 the 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.
Immatics technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.