Immunic Stock Market Value

IMUX Stock  USD 1.30  0.02  1.56%   
Immunic's market value is the price at which a share of Immunic trades on a public exchange. It measures the collective expectations of Immunic investors about its performance. Immunic is trading at 1.30 as of the 28th of March 2024; that is 1.56% increase since the beginning of the trading day. The stock's open price was 1.28.
With this module, you can estimate the performance of a buy and hold strategy of Immunic and determine expected loss or profit from investing in Immunic over a given investment horizon. Check out Immunic Correlation, Immunic Volatility and Immunic Alpha and Beta module to complement your research on Immunic.
For more information on how to buy Immunic Stock please use our How to Invest in Immunic guide.
Symbol

Immunic Price To Book Ratio

Is Immunic'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 Immunic. If investors know Immunic 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 Immunic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.11)
Return On Assets
(0.68)
Return On Equity
(1.31)
The market value of Immunic is measured differently than its book value, which is the value of Immunic that is recorded on the company's balance sheet. Investors also form their own opinion of Immunic's value that differs from its market value or its book value, called intrinsic value, which is Immunic'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 Immunic's market value can be influenced by many factors that don't directly affect Immunic'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 Immunic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Immunic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Immunic'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.

Immunic '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 Immunic'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 Immunic.
0.00
02/27/2024
No Change 0.00  0.0 
In 30 days
03/28/2024
0.00
If you would invest  0.00  in Immunic on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Immunic or generate 0.0% return on investment in Immunic over 30 days. Immunic is related to or competes with Agilent Technologies, and Mediwound. Immunic, Inc., a clinical-stage biopharmaceutical company, develops a pipeline of selective oral immunology therapies fo... More

Immunic 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 Immunic'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 Immunic upside and downside potential and time the market with a certain degree of confidence.

Immunic Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Immunic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Immunic's standard deviation. In reality, there are many statistical measures that can use Immunic historical prices to predict the future Immunic's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Immunic'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.
Hype
Prediction
LowEstimatedHigh
0.071.305.13
Details
Intrinsic
Valuation
LowRealHigh
0.574.408.23
Details
Naive
Forecast
LowNextHigh
0.031.285.11
Details
3 Analysts
Consensus
LowTargetHigh
12.5113.7515.26
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Immunic. Your research has to be compared to or analyzed against Immunic's peers to derive any actionable benefits. When done correctly, Immunic's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Immunic.

Immunic Backtested Returns

Immunic holds Efficiency (Sharpe) Ratio of -0.0427, which attests that the entity had a -0.0427% return per unit of risk over the last 3 months. Immunic exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Immunic's Market Risk Adjusted Performance of (0.01), risk adjusted performance of 0.0028, and Standard Deviation of 3.86 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 2.03, 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, Immunic will likely underperform. Immunic has an expected return of -0.16%. Please make sure to check out Immunic jensen alpha, skewness, as well as the relationship between the Skewness and day typical price , to decide if Immunic performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.32  

Below average predictability

Immunic has below average predictability. Overlapping area represents the amount of predictability between Immunic time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 Immunic price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Immunic price fluctuation can be explain by its past prices.
Correlation Coefficient0.32
Spearman Rank Test0.49
Residual Average0.0
Price Variance0.0

Immunic lagged returns against current returns

Autocorrelation, which is Immunic 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 Immunic's stock expected returns. We can calculate the autocorrelation of Immunic returns to help us make a trade decision. For example, suppose you find that Immunic 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  

Immunic 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 Immunic stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Immunic stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Immunic stock over time.
   Current vs Lagged Prices   
       Timeline  

Immunic Lagged Returns

When evaluating Immunic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Immunic stock have on its future price. Immunic 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, Immunic autocorrelation shows the relationship between Immunic stock current value and its past values and can show if there is a momentum factor associated with investing in Immunic.
   Regressed Prices   
       Timeline  

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When determining whether Immunic offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Immunic's 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 Immunic Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Immunic Stock:
Check out Immunic Correlation, Immunic Volatility and Immunic Alpha and Beta module to complement your research on Immunic.
For more information on how to buy Immunic Stock please use our How to Invest in Immunic guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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When running Immunic's price analysis, check to measure Immunic'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 Immunic is operating at the current time. Most of Immunic's value examination focuses on studying past and present price action to predict the probability of Immunic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Immunic's price. Additionally, you may evaluate how the addition of Immunic to your portfolios can decrease your overall portfolio volatility.
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Immunic 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 Immunic technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Immunic 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...