Adicet Bio Stock Market Value
| ACET Stock | USD 1.06 0.01 0.95% |
| Symbol | Adicet |
Adicet Bio Price To Book Ratio
Is Health Care Providers & Services space 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 Adicet Bio. If investors know Adicet 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 Adicet Bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.70) | Quarterly Revenue Growth (1.00) | Return On Assets (0.29) | Return On Equity (0.58) |
The market value of Adicet Bio is measured differently than its book value, which is the value of Adicet that is recorded on the company's balance sheet. Investors also form their own opinion of Adicet Bio's value that differs from its market value or its book value, called intrinsic value, which is Adicet Bio'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 Adicet Bio's market value can be influenced by many factors that don't directly affect Adicet Bio'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 Adicet Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Adicet Bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adicet Bio'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.
Adicet Bio '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 Adicet Bio'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 Adicet Bio.
| 12/18/2023 |
| 12/12/2024 |
If you would invest 0.00 in Adicet Bio on December 18, 2023 and sell it all today you would earn a total of 0.00 from holding Adicet Bio or generate 0.0% return on investment in Adicet Bio over 360 days. Adicet Bio is related to or competes with Edgewise Therapeutics, Cullinan Oncology, Vor Biopharma, Tenaya Therapeutics, Bicycle Therapeutics, IGM Biosciences, and Monte Rosa. Adicet Bio, Inc., a biotechnology company, discovers and develops allogeneic gamma delta T cell therapies for cancer and... More
Adicet Bio 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 Adicet Bio'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 Adicet Bio upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 23.81 | |||
| Value At Risk | (6.54) | |||
| Potential Upside | 6.43 |
Adicet Bio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Adicet Bio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Adicet Bio's standard deviation. In reality, there are many statistical measures that can use Adicet Bio historical prices to predict the future Adicet Bio's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.50) | |||
| Total Risk Alpha | (1.09) | |||
| Treynor Ratio | (0.68) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Adicet Bio'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.
Adicet Bio Backtested Returns
Adicet Bio secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11% return per unit of risk over the last 3 months. Adicet Bio exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Adicet Bio's Mean Deviation of 3.03, risk adjusted performance of (0.06), and Standard Deviation of 4.18 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.63, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Adicet Bio's returns are expected to increase less than the market. However, during the bear market, the loss of holding Adicet Bio is expected to be smaller as well. At this point, Adicet Bio has a negative expected return of -0.46%. Please make sure to confirm Adicet Bio's maximum drawdown, as well as the relationship between the accumulation distribution and market facilitation index , to decide if Adicet Bio performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.43 |
Average predictability
Adicet Bio has average predictability. Overlapping area represents the amount of predictability between Adicet Bio time series from 18th of December 2023 to 15th of June 2024 and 15th of June 2024 to 12th of December 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 Adicet Bio price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Adicet Bio price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Adicet Bio lagged returns against current returns
Autocorrelation, which is Adicet Bio 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 Adicet Bio's stock expected returns. We can calculate the autocorrelation of Adicet Bio returns to help us make a trade decision. For example, suppose you find that Adicet Bio 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 |
Adicet Bio 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 Adicet Bio stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Adicet Bio stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Adicet Bio stock over time.
Current vs Lagged Prices |
| Timeline |
Adicet Bio Lagged Returns
When evaluating Adicet Bio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Adicet Bio stock have on its future price. Adicet Bio 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, Adicet Bio autocorrelation shows the relationship between Adicet Bio stock current value and its past values and can show if there is a momentum factor associated with investing in Adicet Bio.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Adicet Stock Analysis
When running Adicet Bio's price analysis, check to measure Adicet Bio'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 Adicet Bio is operating at the current time. Most of Adicet Bio's value examination focuses on studying past and present price action to predict the probability of Adicet Bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adicet Bio's price. Additionally, you may evaluate how the addition of Adicet Bio to your portfolios can decrease your overall portfolio volatility.