Igm Biosciences Stock Price on November 20, 2024

IGMS Stock  USD 9.49  0.67  6.59%   
Below is the normalized historical share price chart for IGM Biosciences extending back to September 18, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of IGM Biosciences stands at 9.49, as last reported on the 11th of December 2024, with the highest price reaching 10.57 and the lowest price hitting 9.30 during the day.
IPO Date
18th of September 2019
200 Day MA
10.7948
50 Day MA
13.3757
Beta
0.192
 
Covid
If you're considering investing in IGM Stock, it is important to understand the factors that can impact its price. IGM Biosciences holds Efficiency (Sharpe) Ratio of -0.0036, which attests that the entity had a -0.0036% return per unit of volatility over the last 3 months. IGM Biosciences exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IGM Biosciences' market risk adjusted performance of 0.111, and Risk Adjusted Performance of 0.0227 to validate the risk estimate we provide.
  
At this time, IGM Biosciences' Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 444.6 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 26.4 M in 2024. . At this time, IGM Biosciences' Price Book Value Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 0.21 in 2024, whereas Price Earnings Ratio is likely to drop (1.85) in 2024. IGM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0036

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Negative ReturnsIGMS

Estimated Market Risk

 7.44
  actual daily
66
66% of assets are less volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average IGM Biosciences is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of IGM Biosciences by adding IGM Biosciences to a well-diversified portfolio.
Price Book
7.148
Enterprise Value Ebitda
(1.99)
Price Sales
193.3911
Shares Float
1.5 B
Wall Street Target Price
19.7273

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IGM Biosciences Valuation on November 20, 2024

It is possible to determine the worth of IGM Biosciences on a given historical date. On November 20, 2024 IGM was worth 9.35 at the beginning of the trading date compared to the closed value of 9.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IGM Biosciences stock. Still, in general, we apply an absolute valuation method to find IGM Biosciences' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of IGM Biosciences where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IGM Biosciences' related companies.
 Open High Low Close Volume
  9.13    9.59    8.81    9.54    136,709  
11/20/2024
  9.35    10.08    9.23    9.77    204,686  
  9.77    9.82    8.68    8.89    417,056  
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Open Value
9.35
9.77
Closing Value
31.68
Upside

IGM Biosciences Trading Date Momentum on November 20, 2024

On November 21 2024 IGM Biosciences was traded for  8.89  at the closing time. The top price for the day was 9.82  and the lowest listed price was  8.68 . The trading volume for the day was 417.1 K. The trading history from November 21, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 9.01% . The trading delta at closing time against the current closing price is 1.23% .

IGM Biosciences Fundamentals Correlations and Trends

By evaluating IGM Biosciences' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among IGM Biosciences' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. IGM financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About IGM Biosciences Stock history

IGM Biosciences investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for IGM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in IGM Biosciences will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing IGM Biosciences stock prices may prove useful in developing a viable investing in IGM Biosciences
Last ReportedProjected for Next Year
Common Stock Shares Outstanding52.3 M26.4 M
Net Loss-199 M-189 M

IGM Biosciences Quarterly Net Working Capital

185.67 Million

IGM Biosciences Stock Technical Analysis

IGM Biosciences 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 IGM Biosciences technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of IGM Biosciences 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...

Price Boundaries

IGM Biosciences Period Price Range

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IGM Biosciences December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how IGM Biosciences stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IGM Biosciences shares will generate the highest return on investment. By undertsting and applying IGM Biosciences stock market strength indicators, traders can identify IGM Biosciences entry and exit signals to maximize returns

IGM Biosciences Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for IGM Biosciences' price direction in advance. Along with the technical and fundamental analysis of IGM Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of IGM to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for IGM Stock Analysis

When running IGM Biosciences' price analysis, check to measure IGM Biosciences' 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 IGM Biosciences is operating at the current time. Most of IGM Biosciences' value examination focuses on studying past and present price action to predict the probability of IGM Biosciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IGM Biosciences' price. Additionally, you may evaluate how the addition of IGM Biosciences to your portfolios can decrease your overall portfolio volatility.