Immunome Stock Price on November 5, 2024

IMNM Stock  USD 9.82  0.40  4.25%   
If you're considering investing in Immunome Stock, it is important to understand the factors that can impact its price. As of today, the current price of Immunome stands at 9.82, as last reported on the 23rd of November, with the highest price reaching 10.03 and the lowest price hitting 9.32 during the day. Immunome holds Efficiency (Sharpe) Ratio of -0.16, which attests that the entity had a -0.16% return per unit of risk over the last 3 months. Immunome exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Immunome's Risk Adjusted Performance of (0.09), market risk adjusted performance of (0.24), and Standard Deviation of 4.01 to validate the risk estimate we provide.
  
At this time, Immunome's Stock Based Compensation is very stable compared to the past year. . At this time, Immunome's Price Book Value Ratio is very stable compared to the past year. As of the 23rd of November 2024, Price To Book Ratio is likely to grow to 1.86, while Price Earnings Ratio is likely to drop (2.09). Immunome Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1631

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Estimated Market Risk

 3.94
  actual daily
35
65% of assets are more volatile

Expected Return

 -0.64
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.16
  actual daily
0
Most of other assets perform better
Based on monthly moving average Immunome 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 Immunome by adding Immunome to a well-diversified portfolio.
Price Book
2.7359
Enterprise Value Ebitda
(0.72)
Price Sales
60.5127
Shares Float
44.8 M
Wall Street Target Price
30

Immunome Main Headline on 5th of November 2024

BOTHELL, Wash., November 05, 2024--Immunome, Inc. , a biotechnology company focused on developing first-in-class and best-in-class targeted cancer therapies, today announced that Clay Siegall, PhD, President and CEO of Immunome, will participate in a fireside chat at Guggenheims Inaugural Healthcare Innovation Conference on Wednesday, November 13th at 1030am Eastern Time.

Immunome Valuation on November 5, 2024

It is possible to determine the worth of Immunome on a given historical date. On November 5, 2024 Immunome was worth 12.78 at the beginning of the trading date compared to the closed value of 12.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Immunome stock. Still, in general, we apply an absolute valuation method to find Immunome's 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 Immunome where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Immunome's related companies.
 Open High Low Close Volume
  11.52    12.86    11.40    12.81    672,948  
11/05/2024
  12.78    13.00    12.50    12.97    414,797  
  13.45    13.66    13.02    13.10    571,382  
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Open Value
12.78
12.97
Closing Value
24.61
Upside

Immunome Trading Date Momentum on November 5, 2024

On November 06 2024 Immunome was traded for  13.10  at the closing time. The top price for the day was 13.66  and the lowest listed price was  13.02 . The trading volume for the day was 571.4 K. The trading history from November 6, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 1.00% . The trading delta at closing time against the current closing price is 13.72% .

Immunome Fundamentals Correlations and Trends

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

About Immunome Stock history

Immunome 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 Immunome is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Immunome 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 Immunome stock prices may prove useful in developing a viable investing in Immunome
Last ReportedProjected for Next Year
Common Stock Shares Outstanding19.8 M11.7 M
Net Loss-33.8 M-32.1 M

Immunome Quarterly Net Working Capital

244.38 Million

Immunome Stock Technical Analysis

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

Immunome Period Price Range

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November 23, 2024
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Immunome cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Immunome November 23, 2024 Market Strength

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 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Immunome's price direction in advance. Along with the technical and fundamental analysis of Immunome Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Immunome 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.
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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Immunome. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Immunome Stock, please use our How to Invest in Immunome guide.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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.