Macrogenics Stock Price on February 16, 2021
| MGNX Stock | USD 16.10 0.58 3.48% |
Below is the normalized historical share price chart for MacroGenics extending back to October 10, 2013. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of MacroGenics stands at 16.10, as last reported on the 19th of April, with the highest price reaching 16.83 and the lowest price hitting 16.00 during the day.
If you're considering investing in MacroGenics Stock, it is important to understand the factors that can impact its price. MacroGenics appears to be somewhat reliable, given 3 months investment horizon. MacroGenics has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. By analyzing MacroGenics' technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please exercise MacroGenics' Mean Deviation of 3.65, downside deviation of 4.3, and Risk Adjusted Performance of 0.0932 to check out if our risk estimates are consistent with your expectations.
At this time, MacroGenics' Total Stockholder Equity is fairly stable compared to the past year. Stock Based Compensation To Revenue is likely to rise to 0.33 in 2024, whereas Common Stock Total Equity is likely to drop slightly above 396 K in 2024. . At this time, MacroGenics' Price To Sales Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to rise to 4,099 in 2024, despite the fact that Price Earnings Ratio is likely to grow to (62.5 K). MacroGenics Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 10th of October 2013 | 200 Day MA 9.4966 | 50 Day MA 17.0004 | Beta 2.106 |
MacroGenics |
Sharpe Ratio = 0.1079
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Estimated Market Risk
| 5.61 actual daily | 49 51% of assets are more volatile |
Expected Return
| 0.61 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average MacroGenics is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of MacroGenics by adding it to a well-diversified portfolio.
Price Book 7.1984 | Enterprise Value Ebitda 447.5599 | Price Sales 18.678 | Shares Float 52.2 M | Wall Street Target Price 24.78 |
MacroGenics Valuation on February 16, 2021
It is possible to determine the worth of MacroGenics on a given historical date. On February 16, 2021 MacroGenics was worth 9.62 at the beginning of the trading date compared to the closed value of 9.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MacroGenics stock. Still, in general, we apply an absolute valuation method to find MacroGenics' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of MacroGenics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MacroGenics' related companies.
| Open | High | Low | Close | Volume | |
04/04/2022 | 9.62 | 10.20 | 9.47 | 9.99 | 719,400 |
| 9.93 | 10.05 | 9.53 | 9.58 | 632,500 |
| Backtest MacroGenics | | | MacroGenics History | | | MacroGenics Valuation | Next |
MacroGenics Trading Date Momentum on February 16, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.MacroGenics Fundamentals Correlations and Trends
By evaluating MacroGenics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among MacroGenics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MacroGenics financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MacroGenics Stock history
MacroGenics investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for MacroGenics is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MacroGenics will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing MacroGenics stock prices may prove useful in developing a viable investing in MacroGenics
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 61.9 M | 42.1 M | |
| Net Loss | -107.8 M | -113.2 M |
MacroGenics Quarterly Net Working Capital |
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MacroGenics Stock Technical Analysis
MacroGenics 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.
Price Boundaries
MacroGenics Period Price Range
Low | April 4, 2022
| High |
9.62 | 9.99 |
MacroGenics April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how MacroGenics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MacroGenics shares will generate the highest return on investment. By undertsting and applying MacroGenics stock market strength indicators, traders can identify MacroGenics entry and exit signals to maximize returns
MacroGenics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MacroGenics' price direction in advance. Along with the technical and fundamental analysis of MacroGenics Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MacroGenics to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0932 | |||
| Jensen Alpha | 0.6784 | |||
| Total Risk Alpha | 0.2238 | |||
| Sortino Ratio | 0.1625 | |||
| Treynor Ratio | 0.5614 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MacroGenics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy MacroGenics Stock please use our How to Invest in MacroGenics guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for MacroGenics Stock analysis
When running MacroGenics' price analysis, check to measure MacroGenics' 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 MacroGenics is operating at the current time. Most of MacroGenics' value examination focuses on studying past and present price action to predict the probability of MacroGenics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MacroGenics' price. Additionally, you may evaluate how the addition of MacroGenics to your portfolios can decrease your overall portfolio volatility.
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Is MacroGenics' 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 MacroGenics. If investors know MacroGenics 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 MacroGenics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.15) | Revenue Per Share 0.949 | Quarterly Revenue Growth (0.85) | Return On Assets (0.36) | Return On Equity (0.06) |
The market value of MacroGenics is measured differently than its book value, which is the value of MacroGenics that is recorded on the company's balance sheet. Investors also form their own opinion of MacroGenics' value that differs from its market value or its book value, called intrinsic value, which is MacroGenics' 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 MacroGenics' market value can be influenced by many factors that don't directly affect MacroGenics' 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 MacroGenics' value and its price as these two are different measures arrived at by different means. Investors typically determine if MacroGenics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MacroGenics' 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.