Affimed Nv Stock Market Value
| AFMD Stock | USD 2.62 0.02 0.76% |
| Symbol | Affimed |
Affimed NV Price To Book Ratio
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 Affimed NV. If investors know Affimed 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 Affimed NV listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.76) | Revenue Per Share 0.493 | Quarterly Revenue Growth (0.90) | Return On Assets (0.49) | Return On Equity (1.24) |
The market value of Affimed NV is measured differently than its book value, which is the value of Affimed that is recorded on the company's balance sheet. Investors also form their own opinion of Affimed NV's value that differs from its market value or its book value, called intrinsic value, which is Affimed NV'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 Affimed NV's market value can be influenced by many factors that don't directly affect Affimed NV'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 Affimed NV's value and its price as these two are different measures arrived at by different means. Investors typically determine if Affimed NV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Affimed NV'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.
Affimed NV 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Affimed NV's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Affimed NV.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in Affimed NV on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding Affimed NV or generate 0.0% return on investment in Affimed NV over 720 days. Affimed NV is related to or competes with Eliem Therapeutics, HCW Biologics, Scpharmaceuticals, Milestone Pharmaceuticals, Seres Therapeutics, and Lumos Pharma. Affimed N.V., a clinical-stage biopharmaceutical company, focuses on discovering and developing cancer immunotherapies i... More
Affimed NV Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Affimed NV's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Affimed NV upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 21.26 | |||
| Value At Risk | (6.82) | |||
| Potential Upside | 6.39 |
Affimed NV Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Affimed NV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Affimed NV's standard deviation. In reality, there are many statistical measures that can use Affimed NV historical prices to predict the future Affimed NV's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.78) | |||
| Total Risk Alpha | (1.21) | |||
| Treynor Ratio | (0.51) |
Affimed NV Backtested Returns
Affimed NV secures Sharpe Ratio (or Efficiency) of -0.18, which signifies that the company had a -0.18% return per unit of standard deviation over the last 3 months. Affimed NV exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Affimed NV's risk adjusted performance of (0.12), and Mean Deviation of 2.46 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.25, which signifies 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, Affimed NV will likely underperform. At this point, Affimed NV has a negative expected return of -0.67%. Please make sure to confirm Affimed NV's potential upside, day median price, and the relationship between the treynor ratio and accumulation distribution , to decide if Affimed NV performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.45 |
Average predictability
Affimed NV has average predictability. Overlapping area represents the amount of predictability between Affimed NV time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 to 25th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Affimed NV price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Affimed NV price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 1.16 |
Affimed NV lagged returns against current returns
Autocorrelation, which is Affimed NV stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Affimed NV's stock expected returns. We can calculate the autocorrelation of Affimed NV returns to help us make a trade decision. For example, suppose you find that Affimed NV has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Affimed NV regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Affimed NV stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Affimed NV stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Affimed NV stock over time.
Current vs Lagged Prices |
| Timeline |
Affimed NV Lagged Returns
When evaluating Affimed NV's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Affimed NV stock have on its future price. Affimed NV autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Affimed NV autocorrelation shows the relationship between Affimed NV stock current value and its past values and can show if there is a momentum factor associated with investing in Affimed NV.
Regressed Prices |
| Timeline |
Also Currently Popular
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.When determining whether Affimed NV is a strong investment it is important to analyze Affimed NV'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 Affimed NV's future performance. For an informed investment choice regarding Affimed Stock, refer to the following important reports:Check out Affimed NV Correlation, Affimed NV Volatility and Affimed NV Alpha and Beta module to complement your research on Affimed NV. For information on how to trade Affimed Stock refer to our How to Trade Affimed Stock guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Affimed NV 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.