Agenus Competitors
| AGEN Stock | USD 2.84 0.15 5.02% |
Agenus vs Turn Therapeutics Correlation
Good diversification
The correlation between Agenus Inc and TTRX is -0.18 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Agenus Inc and TTRX in the same portfolio, assuming nothing else is changed.
Moving against Agenus Stock
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Agenus' 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.
Agenus Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Agenus and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Agenus and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Agenus Inc does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Agenus Stock performing well and Agenus Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Agenus' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| INO | 3.59 | (0.60) | 0.00 | (1.92) | 0.00 | 5.23 | 36.52 | |||
| ABOS | 4.29 | 0.45 | 0.11 | 0.23 | 4.33 | 9.94 | 31.48 | |||
| IRD | 3.20 | 0.45 | 0.10 | 2.26 | 3.65 | 6.70 | 17.79 | |||
| SEER | 1.46 | (0.21) | 0.00 | 2.68 | 0.00 | 3.41 | 9.98 | |||
| ZNTL | 4.80 | 0.77 | 0.17 | 0.42 | 4.23 | 17.36 | 48.58 | |||
| HURA | 4.51 | (2.20) | 0.00 | (2.38) | 0.00 | 7.73 | 50.34 | |||
| PLRX | 2.58 | (0.60) | 0.00 | (0.34) | 0.00 | 4.58 | 22.72 | |||
| VTGN | 5.69 | (1.99) | 0.00 | (0.79) | 0.00 | 7.59 | 96.59 | |||
| FATE | 3.58 | (0.04) | (0.01) | 0.00 | 4.19 | 7.27 | 20.97 | |||
| TTRX | 5.49 | 0.25 | 0.04 | 0.17 | 7.08 | 15.37 | 42.47 |
Agenus Competitive Analysis
The better you understand Agenus competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Agenus' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Agenus' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Agenus Competition Performance Charts
Five steps to successful analysis of Agenus Competition
Agenus' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Agenus Inc in relation to its competition. Agenus' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Agenus in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Agenus' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Agenus Inc, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Agenus position
In addition to having Agenus in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Agenus Correlation with its peers. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Will Stock sector continue expanding? Could Agenus diversify its offerings? Factors like these will boost the valuation of Agenus. If investors know Agenus will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Agenus data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Investors evaluate Agenus Inc using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Agenus' intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Agenus' market price to deviate significantly from intrinsic value.
Understanding that Agenus' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Agenus represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, Agenus' market price signifies the transaction level at which participants voluntarily complete trades.