Immatics Biotechnologies Gmbh Stock Beta
| IMTXW Stock | USD 0.40 0.06 13.04% |
immatics biotechnologies GmbH fundamentals help investors to digest information that contributes to Immatics Biotechnologies' financial success or failures. It also enables traders to predict the movement of Immatics Stock. The fundamental analysis module provides a way to measure Immatics Biotechnologies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Immatics Biotechnologies stock.
Immatics | Beta |
immatics biotechnologies GmbH Company Beta Analysis
Immatics Biotechnologies' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Immatics Biotechnologies Beta | 0.78 |
Most of Immatics Biotechnologies' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, immatics biotechnologies GmbH is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Immatics Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Immatics Biotechnologies is extremely important. It helps to project a fair market value of Immatics Stock properly, considering its historical fundamentals such as Beta. Since Immatics Biotechnologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Immatics Biotechnologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Immatics Biotechnologies' interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, immatics biotechnologies GmbH has a Beta of 0.776. This is much higher than that of the Biotechnology sector and significantly higher than that of the Health Care industry. The beta for all United States stocks is notably lower than that of the firm.
Immatics Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Immatics Biotechnologies' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Immatics Biotechnologies could also be used in its relative valuation, which is a method of valuing Immatics Biotechnologies by comparing valuation metrics of similar companies.Immatics Biotechnologies is currently under evaluation in beta category among its peers.
Immatics Biotechnologies Current Valuation Drivers
We derive many important indicators used in calculating different scores of Immatics Biotechnologies from analyzing Immatics Biotechnologies' financial statements. These drivers represent accounts that assess Immatics Biotechnologies' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Immatics Biotechnologies' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 583.4M | 423.8M | 743.6M | 546.8M | 767.3M | 480.3M | |
| Enterprise Value | 483.3M | 222.4M | 620.4M | 412.8M | 564.3M | 373.5M |
As returns on the market increase, Immatics Biotechnologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Immatics Biotechnologies is expected to be smaller as well.
Immatics Fundamentals
| Return On Equity | -0.24 | ||||
| Return On Asset | -0.12 | ||||
| Profit Margin | (1.04) % | ||||
| Operating Margin | (1.42) % | ||||
| Number Of Shares Shorted | 736 | ||||
| Revenue | 54 M | ||||
| EBITDA | (88.93 M) | ||||
| Net Income | (96.99 M) | ||||
| Total Debt | 15.4 M | ||||
| Book Value Per Share | 2.66 X | ||||
| Cash Flow From Operations | 18.23 M | ||||
| Number Of Employees | 542 | ||||
| Beta | 0.78 | ||||
| Market Capitalization | 673 M | ||||
| Total Asset | 509.96 M | ||||
| Retained Earnings | (597.29 M) | ||||
| Working Capital | 292.82 M | ||||
| Net Asset | 509.96 M |
About Immatics Biotechnologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze immatics biotechnologies GmbH's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Immatics Biotechnologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of immatics biotechnologies GmbH based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Immatics Stock Analysis
When running Immatics Biotechnologies' price analysis, check to measure Immatics Biotechnologies' 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 Immatics Biotechnologies is operating at the current time. Most of Immatics Biotechnologies' value examination focuses on studying past and present price action to predict the probability of Immatics Biotechnologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Immatics Biotechnologies' price. Additionally, you may evaluate how the addition of Immatics Biotechnologies to your portfolios can decrease your overall portfolio volatility.