Immuron Ltd Adr Stock Price on December 16, 2024
| IMRN Stock | USD 2.15 0.17 8.59% |
Below is the normalized historical share price chart for Immuron Ltd ADR extending back to March 02, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Immuron stands at 2.15, as last reported on the 21st of January, with the highest price reaching 2.28 and the lowest price hitting 2.12 during the day.
If you're considering investing in Immuron Stock, it is important to understand the factors that can impact its price. Immuron appears to be very risky, given 3 months investment horizon. Immuron Ltd ADR holds Efficiency (Sharpe) Ratio of 0.0591, which attests that the entity had a 0.0591 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Immuron Ltd ADR, which you can use to evaluate the volatility of the firm. Please utilize Immuron's Risk Adjusted Performance of 0.0195, downside deviation of 5.0, and Market Risk Adjusted Performance of (0.25) to validate if our risk estimates are consistent with your expectations.
At this time, Immuron's Common Stock Shares Outstanding is very stable compared to the past year. As of the 21st of January 2025, Common Stock is likely to grow to about 106.9 M, while Total Stockholder Equity is likely to drop about 7.9 M. . As of the 21st of January 2025, Price To Sales Ratio is likely to drop to 3.30. In addition to that, Price Earnings Ratio is likely to drop to -2.58. Immuron Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 9th of June 2017 | 200 Day MA 2.3053 | 50 Day MA 1.9643 | Beta 1.166 |
Immuron |
Sharpe Ratio = 0.0591
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Estimated Market Risk
| 4.33 actual daily | 38 62% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Immuron is performing at about 4% of its full potential. 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 Immuron by adding it to a well-diversified portfolio.
Price Book 1.5527 | Enterprise Value Ebitda 0.7668 | Price Sales 2.4995 | Shares Float 195.1 M | Wall Street Target Price 4.6835 |
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Immuron Valuation on December 16, 2024
It is possible to determine the worth of Immuron on a given historical date. On December 16, 2024 Immuron was worth 2.13 at the beginning of the trading date compared to the closed value of 2.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Immuron stock. Still, in general, we apply an absolute valuation method to find Immuron'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 Immuron where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Immuron's related companies.
| Open | High | Low | Close | Volume | |
| 2.10 | 2.13 | 2.10 | 2.13 | 511.00 | |
12/16/2024 | 2.13 | 2.23 | 2.05 | 2.10 | 3,598 |
| 2.15 | 2.16 | 2.08 | 2.15 | 6,139 |
| Backtest Immuron | | | Immuron History | | | Immuron Valuation | Previous | Next |
Immuron Trading Date Momentum on December 16, 2024
| On December 17 2024 Immuron Ltd ADR was traded for 2.15 at the closing time. The top price for the day was 2.16 and the lowest listed price was 2.08 . The trading volume for the day was 6.1 K. The trading history from December 17, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 2.38% . The trading delta at closing time against the current closing price is 6.67% . |
Immuron Ltd ADR Fundamentals Correlations and Trends
By evaluating Immuron'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 Immuron's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Immuron financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Immuron Stock history
Immuron 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 Immuron is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Immuron Ltd ADR 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 Immuron stock prices may prove useful in developing a viable investing in Immuron
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 262.4 M | 275.5 M | |
| Net Loss | -3.4 M | -3.6 M |
Immuron Quarterly Net Working Capital |
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Immuron Stock Technical Analysis
Immuron 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.
Price Boundaries
Immuron Period Price Range
Low | January 21, 2025
| High |
0.00 | 0.00 |
Immuron Ltd ADR 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.
Immuron January 21, 2025 Market Strength
Market strength indicators help investors to evaluate how Immuron stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Immuron shares will generate the highest return on investment. By undertsting and applying Immuron stock market strength indicators, traders can identify Immuron Ltd ADR entry and exit signals to maximize returns
Immuron Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Immuron's price direction in advance. Along with the technical and fundamental analysis of Immuron Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Immuron 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.
| Risk Adjusted Performance | 0.0195 | |||
| Jensen Alpha | 0.0577 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0068 | |||
| Treynor Ratio | (0.26) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Immuron Ltd ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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 Immuron. If investors know Immuron 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 Immuron listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.76) | Revenue Per Share | Quarterly Revenue Growth 1.086 | Return On Assets | Return On Equity |
The market value of Immuron Ltd ADR is measured differently than its book value, which is the value of Immuron that is recorded on the company's balance sheet. Investors also form their own opinion of Immuron's value that differs from its market value or its book value, called intrinsic value, which is Immuron'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 Immuron's market value can be influenced by many factors that don't directly affect Immuron'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 Immuron's value and its price as these two are different measures arrived at by different means. Investors typically determine if Immuron is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Immuron'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.