Immunome Stock Forecast - Accumulation Distribution

IMNM Stock  USD 13.55  0.08  0.59%   
Immunome Stock Forecast is based on your current time horizon. Although Immunome's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Immunome's systematic risk associated with finding meaningful patterns of Immunome fundamentals over time.
  
As of the 30th of November 2024, Payables Turnover is likely to grow to 7.27, while Inventory Turnover is likely to drop (0.70). . As of the 30th of November 2024, Common Stock Shares Outstanding is likely to drop to about 11.7 M. In addition to that, Net Loss is likely to grow to about (32.1 M).
On October 17, 2024 Immunome had Accumulation Distribution of 13147.66. The accumulation distribution (A/D) indicator shows the degree to which Immunome is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Immunome to determine if accumulation or reduction is taking place in the market. This value is adjusted by Immunome trading volume to give more weight to distributions with higher volume over lower volume.
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Immunome Trading Date Momentum

On October 18 2024 Immunome was traded for  12.28  at the closing time. The top price for the day was 12.46  and the lowest listed price was  12.08 . The trading volume for the day was 396 K. The trading history from October 18, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 1.57% . The trading delta at closing time against the current closing price is 2.23% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for Immunome

For every potential investor in Immunome, whether a beginner or expert, Immunome's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Immunome Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Immunome. Basic forecasting techniques help filter out the noise by identifying Immunome's price trends.

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 Risk & Return  Correlation

Immunome Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Immunome's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Immunome's current price.

Immunome Market Strength Events

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

Immunome Risk Indicators

The analysis of Immunome's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Immunome's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting immunome stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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When determining whether Immunome is a strong investment it is important to analyze Immunome's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Immunome's future performance. For an informed investment choice regarding Immunome Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Immunome to cross-verify your projections.
To learn how to invest in Immunome Stock, please use our How to Invest in Immunome guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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 Immunome. If investors know Immunome 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 Immunome listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(7.94)
Revenue Per Share
0.189
Quarterly Revenue Growth
(0.18)
Return On Assets
(0.40)
Return On Equity
(2.76)
The market value of Immunome is measured differently than its book value, which is the value of Immunome that is recorded on the company's balance sheet. Investors also form their own opinion of Immunome's value that differs from its market value or its book value, called intrinsic value, which is Immunome'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 Immunome's market value can be influenced by many factors that don't directly affect Immunome'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 Immunome's value and its price as these two are different measures arrived at by different means. Investors typically determine if Immunome is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Immunome'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.