Agenus Inc Stock Technical Analysis

AGEN Stock  USD 5.31  0.34  6.84%   
As of the 19th of April, Agenus shows the risk adjusted performance of (0.08), and Mean Deviation of 5.19. Agenus Inc technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for Agenus Inc, which can be compared to its peers. Please confirm Agenus Inc market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Agenus Inc is priced correctly, providing market reflects its regular price of 5.31 per share. Given that Agenus has information ratio of (0.15), we suggest you to validate Agenus Inc's prevailing market performance to make sure the company can sustain itself at a future point.

Agenus Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Agenus, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Agenus
  
Agenus' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Agenus Analyst Consensus

Target PriceAdvice# of Analysts
7.5Strong Buy5Odds
Agenus Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Agenus analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Agenus stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Agenus Inc, talking to its executives and customers, or listening to Agenus conference calls.
Agenus Analyst Advice Details
Agenus 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.
A focus of Agenus technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Agenus trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Agenus Inc Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Agenus Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Agenus Inc Trend Analysis

Use this graph to draw trend lines for Agenus Inc. You can use it to identify possible trend reversals for Agenus as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Agenus price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Agenus Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Agenus Inc applied against its price change over selected period. The best fit line has a slop of   0.12  , which may suggest that Agenus Inc market price will keep on failing further. It has 122 observation points and a regression sum of squares at 506.32, which is the sum of squared deviations for the predicted Agenus price change compared to its average price change.

About Agenus Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Agenus Inc on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Agenus Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Agenus Inc price pattern first instead of the macroeconomic environment surrounding Agenus Inc. By analyzing Agenus's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Agenus's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Agenus specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield5.57E-45.12E-4
Price To Sales Ratio37.9136.02

Agenus April 19, 2024 Technical Indicators

Most technical analysis of Agenus help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Agenus from various momentum indicators to cycle indicators. When you analyze Agenus charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Agenus April 19, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Agenus stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Agenus Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Agenus' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Agenus Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Agenus Inc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agenus Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Agenus Inc information on this page should be used as a complementary analysis to other Agenus' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Agenus Stock analysis

When running Agenus' price analysis, check to measure Agenus' 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 Agenus is operating at the current time. Most of Agenus' value examination focuses on studying past and present price action to predict the probability of Agenus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Agenus' price. Additionally, you may evaluate how the addition of Agenus to your portfolios can decrease your overall portfolio volatility.
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Is Agenus' 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 Agenus. If investors know Agenus 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 Agenus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(13.80)
Revenue Per Share
8.735
Quarterly Revenue Growth
1.952
Return On Assets
(0.28)
Return On Equity
(12.79)
The market value of Agenus Inc is measured differently than its book value, which is the value of Agenus that is recorded on the company's balance sheet. Investors also form their own opinion of Agenus' value that differs from its market value or its book value, called intrinsic value, which is Agenus' 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 Agenus' market value can be influenced by many factors that don't directly affect Agenus' 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 Agenus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Agenus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agenus' 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.