Imugene (Australia) Market Value
| IMU Stock | 0.37 0.01 2.63% |
| Symbol | Imugene |
Imugene '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 Imugene'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 Imugene.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Imugene on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Imugene or generate 0.0% return on investment in Imugene over 90 days. Imugene is related to or competes with Step One, Collins Foods, Data 3, Clime Investment, and Healthco Healthcare. More
Imugene 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 Imugene'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 Imugene upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 30.55 | |||
| Value At Risk | (8.54) | |||
| Potential Upside | 9.09 |
Imugene Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Imugene's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Imugene's standard deviation. In reality, there are many statistical measures that can use Imugene historical prices to predict the future Imugene's volatility.| Risk Adjusted Performance | (0.20) | |||
| Jensen Alpha | (1.30) | |||
| Total Risk Alpha | (2.09) | |||
| Treynor Ratio | (10.50) |
Imugene Backtested Returns
Imugene holds Efficiency (Sharpe) Ratio of -0.22, which attests that the entity had a -0.22 % return per unit of risk over the last 3 months. Imugene exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Imugene's Risk Adjusted Performance of (0.20), market risk adjusted performance of (10.49), and Standard Deviation of 5.55 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.12, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Imugene's returns are expected to increase less than the market. However, during the bear market, the loss of holding Imugene is expected to be smaller as well. At this point, Imugene has a negative expected return of -1.24%. Please make sure to check out Imugene's maximum drawdown, skewness, accumulation distribution, as well as the relationship between the potential upside and kurtosis , to decide if Imugene performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.74 |
Good predictability
Imugene has good predictability. Overlapping area represents the amount of predictability between Imugene time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Imugene price movement. The serial correlation of 0.74 indicates that around 74.0% of current Imugene price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Imugene lagged returns against current returns
Autocorrelation, which is Imugene 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 Imugene's stock expected returns. We can calculate the autocorrelation of Imugene returns to help us make a trade decision. For example, suppose you find that Imugene 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 |
Imugene 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 Imugene stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Imugene stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Imugene stock over time.
Current vs Lagged Prices |
| Timeline |
Imugene Lagged Returns
When evaluating Imugene's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Imugene stock have on its future price. Imugene 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, Imugene autocorrelation shows the relationship between Imugene stock current value and its past values and can show if there is a momentum factor associated with investing in Imugene.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Imugene Stock Analysis
When running Imugene's price analysis, check to measure Imugene'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 Imugene is operating at the current time. Most of Imugene's value examination focuses on studying past and present price action to predict the probability of Imugene's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Imugene's price. Additionally, you may evaluate how the addition of Imugene to your portfolios can decrease your overall portfolio volatility.