Io Biotech Stock Performance
| IOBT Stock | USD 0.89 0.04 4.71% |
IO Biotech has a performance score of 1 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of 2.64, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, IO Biotech will likely underperform. IO Biotech today owns a risk of 8.83%. Please check out IO Biotech total risk alpha, as well as the relationship between the skewness and day median price , to decide if IO Biotech will be following its current price history.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in IO Biotech are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively weak fundamental drivers, IO Biotech may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
1 | IO Biotech price target raised to 6 from 4 at Morgan Stanley - TipRanks | 09/16/2024 |
2 | IO Biotech Announces Two Poster Presentations at the Society for Immunotherapy of Cancers th Annual Meeting | 10/04/2024 |
3 | Acquisition by Vendola Keith A. of 69469 shares of IO Biotech at 14.0 subject to Rule 16b-3 | 10/11/2024 |
4 | Insider Trading | 10/21/2024 |
5 | IO Biotech, Inc. Short Interest Down 12.7 percent in October | 10/31/2024 |
6 | IO Biotech Receives Buy Rating from HC Wainwright | 11/07/2024 |
7 | IO Biotech GAAP EPS of -0.36 misses by 0.09 | 11/12/2024 |
8 | IO Biotech stock hits 52-week low at 0.73 amid market challenges By Investing.com - Investing.com South Africa | 11/21/2024 |
| Begin Period Cash Flow | 142.9 M |
IOBT |
IO Biotech Relative Risk vs. Return Landscape
If you would invest 100.00 in IO Biotech on September 1, 2024 and sell it today you would lose (11.00) from holding IO Biotech or give up 11.0% of portfolio value over 90 days. IO Biotech is currently generating 0.1459% in daily expected returns and assumes 8.8266% risk (volatility on return distribution) over the 90 days horizon. In different words, 78% of stocks are less volatile than IOBT, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
IO Biotech Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IO Biotech's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as IO Biotech, and traders can use it to determine the average amount a IO Biotech's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0165
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| Cash | Small Risk | Average Risk | High Risk | IOBT |
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Estimated Market Risk
| 8.83 actual daily | 78 78% of assets are less volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average IO Biotech is performing at about 1% 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 IO Biotech by adding it to a well-diversified portfolio.
IO Biotech Fundamentals Growth
IOBT Stock prices reflect investors' perceptions of the future prospects and financial health of IO Biotech, and IO Biotech fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on IOBT Stock performance.
| Return On Equity | -0.88 | ||||
| Return On Asset | -0.51 | ||||
| Current Valuation | (19.53 M) | ||||
| Shares Outstanding | 65.88 M | ||||
| Price To Book | 0.81 X | ||||
| EBITDA | (91.44 M) | ||||
| Net Income | (86.08 M) | ||||
| Cash And Equivalents | 170.12 M | ||||
| Cash Per Share | 5.90 X | ||||
| Total Debt | 2.49 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 20.94 X | ||||
| Book Value Per Share | 2.02 X | ||||
| Cash Flow From Operations | (71.74 M) | ||||
| Earnings Per Share | (1.29) X | ||||
| Market Capitalization | 58.63 M | ||||
| Total Asset | 150.72 M | ||||
| Retained Earnings | (263.82 M) | ||||
| Working Capital | 131.54 M | ||||
About IO Biotech Performance
Assessing IO Biotech's fundamental ratios provides investors with valuable insights into IO Biotech's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the IO Biotech is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | (932.57) | (979.20) | |
| Return On Tangible Assets | (0.57) | (0.60) | |
| Return On Capital Employed | (0.68) | (0.64) | |
| Return On Assets | (0.57) | (0.60) | |
| Return On Equity | (0.65) | (0.61) |
Things to note about IO Biotech performance evaluation
Checking the ongoing alerts about IO Biotech for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for IO Biotech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| IO Biotech had very high historical volatility over the last 90 days | |
| IO Biotech has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (86.08 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| IO Biotech currently holds about 170.12 M in cash with (71.74 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.9, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| IO Biotech has a frail financial position based on the latest SEC disclosures | |
| Over 77.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: IO Biotech stock hits 52-week low at 0.73 amid market challenges By Investing.com - Investing.com South Africa |
- Analyzing IO Biotech's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether IO Biotech's stock is overvalued or undervalued compared to its peers.
- Examining IO Biotech's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating IO Biotech's management team can have a significant impact on its success or failure. Reviewing the track record and experience of IO Biotech's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of IO Biotech's stock. These opinions can provide insight into IO Biotech's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for IOBT Stock Analysis
When running IO Biotech's price analysis, check to measure IO Biotech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IO Biotech is operating at the current time. Most of IO Biotech's value examination focuses on studying past and present price action to predict the probability of IO Biotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IO Biotech's price. Additionally, you may evaluate how the addition of IO Biotech to your portfolios can decrease your overall portfolio volatility.