Agenus Roe from 2010 to 2024
| AGEN Stock | USD 3.34 0.48 16.78% |
ROE | First Reported 2010-12-31 | Previous Quarter 1.5328352 | Current Value 1.61 | Quarterly Volatility 2.38164454 |
Check Agenus financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Agenus' main balance sheet or income statement drivers, such as Depreciation And Amortization of 14.3 M, Interest Expense of 102.8 M or Selling General Administrative of 82.7 M, as well as many indicators such as Price To Sales Ratio of 1.8, Dividend Yield of 0.0018 or Days Sales Outstanding of 72.0. Agenus financial statements analysis is a perfect complement when working with Agenus Valuation or Volatility modules.
Agenus | Roe |
Latest Agenus' Roe Growth Pattern
Below is the plot of the Roe of Agenus Inc over the last few years. It is Agenus' ROE historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Agenus' overall financial position and show how it may be relating to other accounts over time.
| Roe | 10 Years Trend |
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Roe |
| Timeline |
Agenus Roe Regression Statistics
| Arithmetic Mean | 1.15 | |
| Geometric Mean | 1.48 | |
| Coefficient Of Variation | 207.39 | |
| Mean Deviation | 1.64 | |
| Median | 0.93 | |
| Standard Deviation | 2.38 | |
| Sample Variance | 5.67 | |
| Range | 9.4608 | |
| R-Value | 0.06 | |
| Mean Square Error | 6.08 | |
| R-Squared | 0 | |
| Significance | 0.83 | |
| Slope | 0.03 | |
| Total Sum of Squares | 79.41 |
Agenus Roe History
About Agenus Financial Statements
Agenus investors utilize fundamental indicators, such as Roe, to predict how Agenus Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| ROE | 1.53 | 1.61 |
Pair Trading with Agenus
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Agenus position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Agenus will appreciate offsetting losses from the drop in the long position's value.Moving together with Agenus Stock
| 0.86 | ME | 23Andme Holding | PairCorr |
| 0.76 | VALN | Valneva SE ADR | PairCorr |
| 0.85 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
Moving against Agenus Stock
| 0.59 | MDGL | Madrigal Pharmaceuticals | PairCorr |
| 0.54 | KZR | Kezar Life Sciences | PairCorr |
| 0.37 | RNXT | RenovoRx | PairCorr |
| 0.34 | MLYS | Mineralys Therapeutics, | PairCorr |
The ability to find closely correlated positions to Agenus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Agenus when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Agenus - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Agenus Inc to buy it.
The correlation of Agenus is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Agenus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Agenus Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Agenus can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Agenus Correlation against competitors. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Biotechnology 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 Agenus. If investors know Agenus 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 Agenus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (11.02) | Revenue Per Share 7.808 | Quarterly Revenue Growth 0.033 | Return On Assets (0.22) | Return On Equity (12.79) |
The market value of Agenus Inc is measured differently than its book value, which is the value of Agenus that is recorded on the company's balance sheet. Investors also form their own opinion of Agenus' value that differs from its market value or its book value, called intrinsic value, which is Agenus' 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 Agenus' market value can be influenced by many factors that don't directly affect Agenus' 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 Agenus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Agenus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agenus' 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.