Invivyd Stock Market Value
| IVVD Stock | USD 0.59 0.08 11.94% |
| Symbol | Invivyd |
Invivyd 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 Invivyd. If investors know Invivyd 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 Invivyd listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.95) | Revenue Per Share 0.02 | Return On Assets (0.54) | Return On Equity (0.97) |
The market value of Invivyd is measured differently than its book value, which is the value of Invivyd that is recorded on the company's balance sheet. Investors also form their own opinion of Invivyd's value that differs from its market value or its book value, called intrinsic value, which is Invivyd'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 Invivyd's market value can be influenced by many factors that don't directly affect Invivyd'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 Invivyd's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invivyd is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invivyd'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.
Invivyd '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 Invivyd'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 Invivyd.
| 08/29/2024 |
| 11/27/2024 |
If you would invest 0.00 in Invivyd on August 29, 2024 and sell it all today you would earn a total of 0.00 from holding Invivyd or generate 0.0% return on investment in Invivyd over 90 days. Invivyd is related to or competes with Valneva SE, Bright Minds, HP, Intel, Chevron Corp, Coca Cola, and Travelers Companies. Invivyd, Inc., a clinical-stage biopharmaceutical company, focuses on the discovery, development, and commercialization ... More
Invivyd 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 Invivyd'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 Invivyd upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 28.68 | |||
| Value At Risk | (11.76) | |||
| Potential Upside | 12.75 |
Invivyd Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invivyd's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invivyd's standard deviation. In reality, there are many statistical measures that can use Invivyd historical prices to predict the future Invivyd's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (1.32) | |||
| Total Risk Alpha | (2.05) | |||
| Treynor Ratio | (0.28) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Invivyd's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Invivyd Backtested Returns
Invivyd holds Efficiency (Sharpe) Ratio of -0.0671, which attests that the entity had a -0.0671% return per unit of risk over the last 3 months. Invivyd exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Invivyd's Risk Adjusted Performance of (0.09), standard deviation of 7.15, and Market Risk Adjusted Performance of (0.27) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 3.31, 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, Invivyd will likely underperform. At this point, Invivyd has a negative expected return of -0.42%. Please make sure to check out Invivyd's maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if Invivyd performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.08 |
Virtually no predictability
Invivyd has virtually no predictability. Overlapping area represents the amount of predictability between Invivyd time series from 29th of August 2024 to 13th of October 2024 and 13th of October 2024 to 27th 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 Invivyd price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Invivyd price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Invivyd lagged returns against current returns
Autocorrelation, which is Invivyd 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 Invivyd's stock expected returns. We can calculate the autocorrelation of Invivyd returns to help us make a trade decision. For example, suppose you find that Invivyd 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 |
Invivyd 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 Invivyd stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invivyd stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invivyd stock over time.
Current vs Lagged Prices |
| Timeline |
Invivyd Lagged Returns
When evaluating Invivyd's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invivyd stock have on its future price. Invivyd 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, Invivyd autocorrelation shows the relationship between Invivyd stock current value and its past values and can show if there is a momentum factor associated with investing in Invivyd.
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 Invivyd is a strong investment it is important to analyze Invivyd'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 Invivyd's future performance. For an informed investment choice regarding Invivyd Stock, refer to the following important reports:Check out Invivyd Correlation, Invivyd Volatility and Invivyd Alpha and Beta module to complement your research on Invivyd. For information on how to trade Invivyd Stock refer to our How to Trade Invivyd Stock guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Invivyd 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.