I Mab Stock Market Value
| IMAB Stock | USD 1.80 0.01 0.55% |
| Symbol | IMAB |
Is I Mab's 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 I Mab. If investors know IMAB 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 I Mab listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of I Mab is measured differently than its book value, which is the value of IMAB that is recorded on the company's balance sheet. Investors also form their own opinion of I Mab's value that differs from its market value or its book value, called intrinsic value, which is I Mab's 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 I Mab's market value can be influenced by many factors that don't directly affect I Mab's 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 I Mab's value and its price as these two are different measures arrived at by different means. Investors typically determine if I Mab is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, I Mab's 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.
I Mab 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to I Mab's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of I Mab.
| 05/04/2022 |
| 04/23/2024 |
If you would invest 0.00 in I Mab on May 4, 2022 and sell it all today you would earn a total of 0.00 from holding I Mab or generate 0.0% return on investment in I Mab over 720 days. I Mab is related to or competes with BeiGene, Krystal Biotech, ImmunovantInc, Foghorn TherapeuticsInc, Shattuck LabsInc, Monte Rosa, and Kymera Therapeutics. I-Mab, a clinical stage biopharmaceutical company, discovers, develops, and commercializes biologics to treat cancer and... More
I Mab Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure I Mab's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess I Mab upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 27.36 | |||
| Value At Risk | (4.74) | |||
| Potential Upside | 6.32 |
I Mab Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for I Mab's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as I Mab's standard deviation. In reality, there are many statistical measures that can use I Mab historical prices to predict the future I Mab's volatility.| Risk Adjusted Performance | 0.0082 | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | (0.01) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of I Mab's 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.
I Mab Backtested Returns
I Mab holds Efficiency (Sharpe) Ratio of -5.0E-4, which attests that the company had a -5.0E-4% return per unit of volatility over the last 3 months. I Mab exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out I Mab's coefficient of variation of (204,507), and Market Risk Adjusted Performance of 0.0036 to validate the risk estimate we provide. The firm retains a Market Volatility (i.e., Beta) of 1.89, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, I Mab will likely underperform. I Mab has an expected return of -0.0021%. Please make sure to check out I Mab treynor ratio, skewness, rate of daily change, as well as the relationship between the value at risk and accumulation distribution , to decide if I Mab performance from the past will be repeated sooner or later.
Auto-correlation | 0.91 |
Excellent predictability
I Mab has excellent predictability. Overlapping area represents the amount of predictability between I Mab time series from 4th of May 2022 to 29th of April 2023 and 29th of April 2023 to 23rd of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of I Mab price movement. The serial correlation of 0.91 indicates that approximately 91.0% of current I Mab price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.91 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.41 |
I Mab lagged returns against current returns
Autocorrelation, which is I Mab stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting I Mab's stock expected returns. We can calculate the autocorrelation of I Mab returns to help us make a trade decision. For example, suppose you find that I Mab has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
I Mab regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If I Mab stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if I Mab stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in I Mab stock over time.
Current vs Lagged Prices |
| Timeline |
I Mab Lagged Returns
When evaluating I Mab's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of I Mab stock have on its future price. I Mab autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, I Mab autocorrelation shows the relationship between I Mab stock current value and its past values and can show if there is a momentum factor associated with investing in I Mab.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out I Mab Correlation, I Mab Volatility and I Mab Alpha and Beta module to complement your research on I Mab. For information on how to trade IMAB Stock refer to our How to Trade IMAB Stock guide.Note that the I Mab information on this page should be used as a complementary analysis to other I Mab's 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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for IMAB Stock analysis
When running I Mab's price analysis, check to measure I Mab's 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 I Mab is operating at the current time. Most of I Mab's value examination focuses on studying past and present price action to predict the probability of I Mab's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move I Mab's price. Additionally, you may evaluate how the addition of I Mab to your portfolios can decrease your overall portfolio volatility.
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I Mab 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.