Immatics Stock Statistic Functions Beta

IMTX Stock

USD 6.74 0.26 3.71%

Immatics statistic functions tool provides the execution environment for running the Beta function and other technical functions against Immatics. Immatics value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Immatics statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Symbol

The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Immatics NV correlated with the market. If Beta is less than 0 Immatics generally moves in the opposite direction as compared to the market. If Immatics Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Immatics NV is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Immatics is generally in the same direction as the market. If Beta > 1 Immatics moves generally in the same direction as, but more than the movement of the benchmark.

Immatics Technical Analysis Modules

Most technical analysis of Immatics 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 Immatics from various momentum indicators to cycle indicators. When you analyze Immatics charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

	Cycle Indicators
	Math Operators
	Math Transform
	Momentum Indicators
	Overlap Studies
	Pattern Recognition
	Price Transform
	Statistic Functions
	Volatility Indicators
	Volume Indicators

About Immatics Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Immatics NV. We use our internally-developed statistical techniques to arrive at the intrinsic value of Immatics NV based on widely used predictive technical indicators. In general, we focus on analyzing Immatics Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Immatics's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Immatics's intrinsic value. In addition to deriving basic predictive indicators for Immatics, we also check how macroeconomic factors affect Immatics price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.

Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Immatics' 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. Please use the tools below to analyze the current value of Immatics in the context of predictive analytics.

Hype

Prediction

Low	Estimated Value	High
3.56	6.65	9.74

Details

Intrinsic

Valuation

Low	Real Value	High
6.07	10.04	13.13

Details

Naive

Forecast

Low	Next Value	High
3.64	6.73	9.83

Details

4 Analysts

Consensus

Low	Target Price	High
16.00	20.48	28.90

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Immatics. Your research has to be compared to or analyzed against Immatics' peers to derive any actionable benefits. When done correctly, Immatics' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Immatics NV.

Become your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

Did you try this?

Run Positions Ratings Now

Positions Ratings

Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance

All Next

Launch Module

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.

	Banks Invested over 100 shares	Go
	Momentum Invested over 200 shares	Go
	Investor Favorites Invested over 20 shares	Go
	Business Services Invested over 200 shares	Go
	Banking Invested over 40 shares	Go
	Advertising Invested few shares	Go
	Macroaxis Picks Invested over 100 shares	Go
	Dividend Beast Invested few shares	Go

Check out Risk vs Return Analysis. For more information on how to buy Immatics Stock please use our How to Invest in Immatics guide. You can also try Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for analysis

When running Immatics NV 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 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.

	Share Portfolio Track or share privately all of your investments from the convenience of any device
	Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon
	Fundamental Analysis View fundamental data based on most recent published financial statements
	Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
	Insider Screener Find insiders across different sectors to evaluate their impact on performance
	Bond Directory Find actively traded corporate debentures issued by US companies
	Bond Directory Find actively traded corporate debentures issued by US companies
	Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account
	Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk
	Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments
	Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
	Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format
	Equity Valuation Check real value of public entities based on technical and fundamental data

Is Immatics' 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 Immatics. If investors know Immatics 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 Immatics 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 Immatics NV is measured differently than its book value, which is the value of Immatics that is recorded on the company's balance sheet. Investors also form their own opinion of Immatics' value that differs from its market value or its book value, called intrinsic value, which is Immatics' 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 Immatics' market value can be influenced by many factors that don't directly affect Immatics' 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 Immatics' value and its price as these two are different measures arrived at by different means. Investors typically determine Immatics value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Immatics' 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2023 Macroaxis LLC

Immatics Stock Statistic Functions Beta

Immatics Technical Analysis Modules

About Immatics Predictive Technical Analysis

Become your own money manager

Did you try this?

Run Positions Ratings Now

Positions Ratings

Trending Themes

Complementary Tools for analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY