Immunitybio Stock Volatility
| IBRX Stock | USD 5.97 0.24 3.86% |
Immunitybio is unstable given 3 months investment horizon. Immunitybio holds Efficiency (Sharpe) Ratio of 0.23, which attests that the entity had a 0.23 % return per unit of risk over the last 3 months. We were able to interpolate data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.88% are justified by taking the suggested risk. Use Immunitybio Risk Adjusted Performance of 0.1657, downside deviation of 4.81, and Market Risk Adjusted Performance of 1.83 to evaluate company specific risk that cannot be diversified away.
Sharpe Ratio = 0.2282
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Based on monthly moving average Immunitybio is performing at about 18% 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 Immunitybio by adding it to a well-diversified portfolio.
Key indicators related to Immunitybio's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Immunitybio Stock volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Immunitybio daily returns, and it is calculated using variance and standard deviation. We also use Immunitybio's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Immunitybio volatility.
Immunitybio | Build AI portfolio with Immunitybio Stock |
ESG Sustainability
While most ESG disclosures are voluntary, Immunitybio's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Immunitybio's managers and investors.Environmental | Governance | Social |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Immunitybio can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Immunitybio at lower prices. For example, an investor can purchase Immunitybio stock that has halved in price over a short period. This will lower your average cost per share, thereby improving your portfolio's performance when the markets normalize. Similarly, when the prices of Immunitybio's stock rises, investors can sell out and invest the proceeds in other equities with better opportunities. Investing when markets are volatile with better valuations will accord both investors and companies the opportunity to generate better long-term returns. Main indicators related to Immunitybio's market risk premium analysis include:
Beta 0.93 | Alpha 1.63 | Risk 8.23 | Sharpe Ratio 0.23 | Expected Return 1.88 |
Moving together with Immunitybio Stock
| 0.82 | COHG | Cheetah Oil Gas | PairCorr |
| 0.83 | BFDE | Bedford Energy | PairCorr |
| 0.71 | MARUF | Marubeni | PairCorr |
| 0.71 | DCI | Donaldson | PairCorr |
| 0.71 | SSRM | SSR Mining | PairCorr |
Moving against Immunitybio Stock
| 0.52 | SLN | Silence Therapeutics PLC | PairCorr |
| 0.48 | MREO | Mereo BioPharma Group | PairCorr |
| 0.45 | COEP | Coeptis Therapeutics | PairCorr |
| 0.39 | PPBT | Purple Biotech | PairCorr |
| 0.38 | FSTF | First State Financial | PairCorr |
| 0.32 | VYGR | Voyager Therapeutics | PairCorr |
Immunitybio Market Sensitivity And Downside Risk
Immunitybio's beta coefficient measures the volatility of Immunitybio stock compared to the systematic risk of the entire market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Immunitybio stock's returns against your selected market. In other words, Immunitybio's beta of 0.93 provides an investor with an approximation of how much risk Immunitybio stock can potentially add to one of your existing portfolios. Immunitybio is displaying above-average volatility over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Immunitybio's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Immunitybio's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.
3 Months Beta |Analyze Immunitybio Demand TrendCheck current 90 days Immunitybio correlation with market (Dow Jones Industrial)Immunitybio Volatility and Downside Risk
Immunitybio standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.
Using Immunitybio Put Option to Manage Risk
Put options written on Immunitybio grant holders of the option the right to sell a specified amount of Immunitybio at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Immunitybio Stock cannot fall below zero, the put buyer does gain as the price drops. So, one way investors can hedge Immunitybio's position is by buying a put option against it. The put option used this way is usually referred to as insurance. If an undesired outcome occurs and loss on holding Immunitybio will be realized, the loss incurred will be offset by the profits made with the option trade.
Immunitybio's PUT expiring on 2026-04-17
Profit |
| Immunitybio Price At Expiration |
Current Immunitybio Insurance Chain
| Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Put | IBRX260417P00001500 | -0.040327 | 0.006381 | 15 | 2026-04-17 | 0.0 - 0.75 | 0.0 | View |
Put | IBRX260417P00002000 | -0.035561 | 0.015436 | 2819 | 2026-04-17 | 0.05 - 0.4 | 0.0 | View |
Put | IBRX260417P00002500 | -0.044366 | 0.022482 | 1143 | 2026-04-17 | 0.05 - 0.15 | 0.0 | View |
Put | IBRX260417P00003000 | -0.073865 | 0.034328 | 984 | 2026-04-17 | 0.05 - 0.2 | 0.0 | View |
Put | IBRX260417P00003500 | -0.118248 | 0.04598 | 8 | 2026-04-17 | 0.05 - 0.65 | 0.0 | View |
Put | IBRX260417P00004000 | -0.149858 | 0.061453 | 141 | 2026-04-17 | 0.1 - 0.45 | 0.0 | View |
Put | IBRX260417P00004500 | -0.198723 | 0.074252 | 27 | 2026-04-17 | 0.25 - 0.9 | 0.0 | View |
Put | IBRX260417P00005000 | -0.248387 | 0.0915 | 1701 | 2026-04-17 | 0.7 - 1.0 | 0.0 | View |
Put | IBRX260417P00005500 | -0.304616 | 0.096557 | 1259 | 2026-04-17 | 0.95 - 1.1 | 0.0 | View |
Put | IBRX260417P00006000 | -0.358814 | 0.10333 | 5 | 2026-04-17 | 0.9 - 1.65 | 0.0 | View |
Put | IBRX260417P00007500 | -0.502948 | 0.107771 | 1085 | 2026-04-17 | 2.15 - 2.7 | 0.0 | View |
Immunitybio Stock Volatility Analysis
Volatility refers to the frequency at which Immunitybio stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Immunitybio's price changes. Investors will then calculate the volatility of Immunitybio's stock to predict their future moves. A stock that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A stock with relatively stable price changes has low volatility. A highly volatile stock is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of Immunitybio's volatility:
Historical Volatility
This type of stock volatility measures Immunitybio's fluctuations based on previous trends. It's commonly used to predict Immunitybio's future behavior based on its past. However, it cannot conclusively determine the future direction of the stock.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Immunitybio's current market price. This means that the stock will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Immunitybio's to be redeemed at a future date.Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Immunitybio Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Immunitybio Projected Return Density Against Market
Given the investment horizon of 90 days Immunitybio has a beta of 0.9333 . This usually indicates Immunitybio market returns are sensitive to returns on the market. As the market goes up or down, Immunitybio is expected to follow.Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Immunitybio or Biotechnology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Immunitybio's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Immunitybio stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
Immunitybio has an alpha of 1.6282, implying that it can generate a 1.63 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives an Immunitybio Price Volatility?
Several factors can influence a stock's market volatility:Industry
Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.Political and Economic environment
When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.The Company's Performance
Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.Immunitybio Stock Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Immunitybio is 438.15. The daily returns are distributed with a variance of 67.7 and standard deviation of 8.23. The mean deviation of Immunitybio is currently at 5.21. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.73
α | Alpha over Dow Jones | 1.63 | |
β | Beta against Dow Jones | 0.93 | |
σ | Overall volatility | 8.23 | |
Ir | Information ratio | 0.20 |
Immunitybio Stock Return Volatility
Immunitybio historical daily return volatility represents how much of Immunitybio stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company inherits 8.2278% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7469% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
Related Correlations Analysis
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Immunitybio Stock performing well and Immunitybio Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Immunitybio's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| RCUS | 2.77 | 0.38 | 0.07 | 1.05 | 4.11 | 6.88 | 21.81 | |||
| DNLI | 2.82 | 0.21 | 0.09 | 0.17 | 3.15 | 6.50 | 23.32 | |||
| ETNB | 2.99 | 0.89 | 0.34 | 0.50 | 1.83 | 3.02 | 86.02 | |||
| COGT | 4.73 | 1.70 | 0.60 | 0.51 | 2.38 | 5.94 | 126.24 | |||
| GLPG | 1.05 | 0.11 | 0.05 | 0.34 | 1.24 | 2.62 | 7.08 | |||
| BEAM | 3.42 | 0.04 | 0.02 | 0.09 | 3.66 | 8.12 | 31.78 | |||
| RXRX | 3.41 | (0.53) | 0.00 | (0.14) | 0.00 | 7.59 | 17.21 | |||
| LQDA | 3.00 | 0.91 | 0.24 | 1.90 | 3.24 | 8.00 | 19.63 | |||
| AGIO | 3.23 | (0.37) | 0.00 | (0.17) | 0.00 | 5.99 | 56.88 | |||
| VRDN | 2.01 | 0.47 | 0.20 | 0.87 | 1.88 | 5.57 | 15.86 |
About Immunitybio Volatility
Volatility is a rate at which the price of Immunitybio or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Immunitybio may increase or decrease. In other words, similar to Immunitybio's beta indicator, it measures the risk of Immunitybio and helps estimate the fluctuations that may happen in a short period of time. So if prices of Immunitybio fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.| Last Reported | Projected for Next Year | ||
| Selling And Marketing Expenses | 32.6 M | 34.3 M | |
| Market Cap | 2.7 B | 4.9 B |
Immunitybio's stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on Immunitybio Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Immunitybio's price varies over time.
3 ways to utilize Immunitybio's volatility to invest better
Higher Immunitybio's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Immunitybio stock is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. Immunitybio stock volatility can provide helpful information for making investment decisions in the following ways:- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of Immunitybio investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Immunitybio's stock can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of Immunitybio's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Immunitybio Investment Opportunity
Immunitybio has a volatility of 8.23 and is 10.97 times more volatile than Dow Jones Industrial. 73 percent of all equities and portfolios are less risky than Immunitybio. You can use Immunitybio to protect your portfolios against small market fluctuations. The stock experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of Immunitybio to be traded at $5.73 in 90 days.Very weak diversification
The correlation between Immunitybio and DJI is 0.45 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Immunitybio and DJI in the same portfolio, assuming nothing else is changed.
Immunitybio Additional Risk Indicators
The analysis of Immunitybio's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Immunitybio's investment and either accepting that risk or mitigating it. Along with some common measures of Immunitybio stock's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Risk Adjusted Performance | 0.1657 | |||
| Market Risk Adjusted Performance | 1.83 | |||
| Mean Deviation | 5.12 | |||
| Semi Deviation | 4.12 | |||
| Downside Deviation | 4.81 | |||
| Coefficient Of Variation | 468.46 | |||
| Standard Deviation | 7.98 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stocks, we recommend comparing similar stocks with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Immunitybio Suggested Diversification Pairs
Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Immunitybio as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Immunitybio's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Immunitybio's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Immunitybio.
Additional Tools for Immunitybio Stock Analysis
When running Immunitybio's price analysis, check to measure Immunitybio'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 Immunitybio is operating at the current time. Most of Immunitybio's value examination focuses on studying past and present price action to predict the probability of Immunitybio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Immunitybio's price. Additionally, you may evaluate how the addition of Immunitybio to your portfolios can decrease your overall portfolio volatility.