Immunogen Stock Technical Analysis
IMGNDelisted Stock | USD 31.23 0.01 0.03% |
As of the 28th of March, ImmunoGen retains the Downside Deviation of 1.89, risk adjusted performance of 0.083, and Market Risk Adjusted Performance of 1.03. ImmunoGen technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for ImmunoGen, which can be compared to its competitors. Please check out ImmunoGen coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if ImmunoGen is priced fairly, providing market reflects its last-minute price of 31.23 per share. Given that ImmunoGen has jensen alpha of 1.19, we strongly advise you to confirm ImmunoGen's regular market performance to make sure the company can sustain itself at a future point.
ImmunoGen Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ImmunoGen, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ImmunoGenImmunoGen |
ImmunoGen 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, delisted stock market cycles, or different charting patterns.
ImmunoGen Technical Analysis
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ImmunoGen Trend Analysis
Use this graph to draw trend lines for ImmunoGen. You can use it to identify possible trend reversals for ImmunoGen 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 ImmunoGen price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ImmunoGen Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ImmunoGen applied against its price change over selected period. The best fit line has a slop of 0.21 , which means ImmunoGen will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1637.86, which is the sum of squared deviations for the predicted ImmunoGen price change compared to its average price change.About ImmunoGen 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 ImmunoGen 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 ImmunoGen based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ImmunoGen price pattern first instead of the macroeconomic environment surrounding ImmunoGen. By analyzing ImmunoGen'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 ImmunoGen'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 ImmunoGen specific price patterns or momentum indicators. Please read more on our technical analysis page.
ImmunoGen March 28, 2024 Technical Indicators
Most technical analysis of ImmunoGen 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 ImmunoGen from various momentum indicators to cycle indicators. When you analyze ImmunoGen 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.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.083 | |||
Market Risk Adjusted Performance | 1.03 | |||
Mean Deviation | 2.99 | |||
Semi Deviation | 0.7035 | |||
Downside Deviation | 1.89 | |||
Coefficient Of Variation | 755.68 | |||
Standard Deviation | 10.35 | |||
Variance | 107.2 | |||
Information Ratio | 0.1194 | |||
Jensen Alpha | 1.19 | |||
Total Risk Alpha | (0.96) | |||
Sortino Ratio | 0.6527 | |||
Treynor Ratio | 1.02 | |||
Maximum Drawdown | 84.35 | |||
Value At Risk | (1.50) | |||
Potential Upside | 5.69 | |||
Downside Variance | 3.59 | |||
Semi Variance | 0.4949 | |||
Expected Short fall | (3.65) | |||
Skewness | 7.69 | |||
Kurtosis | 61.28 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the ImmunoGen information on this page should be used as a complementary analysis to other ImmunoGen'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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Other Consideration for investing in ImmunoGen Stock
If you are still planning to invest in ImmunoGen check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ImmunoGen's history and understand the potential risks before investing.
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