Igm Biosciences Stock Price History

IGMS Stock  USD 9.93  0.10  1.00%   
Below is the normalized historical share price chart for IGM Biosciences extending back to September 18, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of IGM Biosciences stands at 9.93, as last reported on the 8th of May, with the highest price reaching 10.27 and the lowest price hitting 9.83 during the day.
IPO Date
18th of September 2019
200 Day MA
8.5227
50 Day MA
9.9416
Beta
0.251
 
Covid
If you're considering investing in IGM Stock, it is important to understand the factors that can impact its price. IGM Biosciences holds Efficiency (Sharpe) Ratio of -0.0233, which attests that the entity had a -0.0233% return per unit of volatility over the last 3 months. IGM Biosciences exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IGM Biosciences' risk adjusted performance of 0.0159, and Market Risk Adjusted Performance of 0.0599 to validate the risk estimate we provide.
  
At this time, IGM Biosciences' Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 444.6 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 28.6 M in 2024. . At this time, IGM Biosciences' Price Book Value Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 0.21 in 2024, whereas Price Earnings Ratio is likely to drop (1.85) in 2024. IGM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0233

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Estimated Market Risk

 7.28
  actual daily
64
64% of assets are less volatile

Expected Return

 -0.17
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average IGM Biosciences is not performing at its full potential. However, 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 IGM Biosciences by adding IGM Biosciences to a well-diversified portfolio.
Price Book
2.6496
Enterprise Value Ebitda
(0.95)
Price Sales
252.81
Shares Float
1.5 B
Wall Street Target Price
21.22

IGM Biosciences Stock Price History Chart

There are several ways to analyze IGM Stock price data. The simplest method is using a basic IGM candlestick price chart, which shows IGM Biosciences price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceFebruary 16, 202417.36
Lowest PriceApril 22, 20246.75

IGM Biosciences May 8, 2024 Stock Price Synopsis

Various analyses of IGM Biosciences' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell IGM Stock. It can be used to describe the percentage change in the price of IGM Biosciences from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of IGM Stock.
IGM Biosciences Price Rate Of Daily Change 0.99 
IGM Biosciences Price Action Indicator(0.17)
IGM Biosciences Accumulation Distribution 11,280 
IGM Biosciences Price Daily Balance Of Power(0.23)

IGM Biosciences May 8, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in IGM Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use IGM Biosciences intraday prices and daily technical indicators to check the level of noise trading in IGM Stock and then apply it to test your longer-term investment strategies against IGM.

IGM Stock Price History Data

The price series of IGM Biosciences for the period between Thu, Feb 8, 2024 and Wed, May 8, 2024 has a statistical range of 10.61 with a coefficient of variation of 22.96. Under current investment horizon, the daily prices are spread out with arithmetic mean of 10.83. The median price for the last 90 days is 10.07.
OpenHighLowCloseVolume
05/07/2024 10.02  10.27  9.83  9.93  263,284 
05/06/2024 9.85  10.31  9.64  10.03  163,376 
05/03/2024 9.73  10.19  9.72  10.07  182,448 
05/02/2024 9.67  9.67  9.09  9.43  190,571 
05/01/2024 9.63  10.19  9.38  9.48  187,893 
04/30/2024 9.50  9.86  9.15  9.63  248,638 
04/29/2024 9.46  10.47  9.38  9.70  599,162 
04/26/2024 7.74  9.48  7.41  9.40  468,943 
04/25/2024 7.76  7.76  6.39  7.65  546,460 
04/24/2024 7.76  8.66  7.75  7.96  693,446 
04/23/2024 6.79  7.85  6.79  7.70  413,498 
04/22/2024 7.25  7.25  6.70  6.75  238,720 
04/19/2024 7.35  7.43  7.04  7.20  219,365 
04/18/2024 8.01  8.27  7.12  7.41  446,866 
04/17/2024 9.37  9.37  8.05  8.13  252,208 
04/16/2024 9.18  9.56  8.99  9.20  140,343 
04/15/2024 9.14  9.79  8.93  9.41  185,549 
04/12/2024 8.32  9.30  8.28  9.16  321,381 
04/11/2024 8.27  8.41  8.09  8.36  232,692 
04/10/2024 8.74  8.74  7.93  8.18  238,041 
04/09/2024 8.81  9.07  8.64  8.74  170,556 
04/08/2024 8.86  9.14  8.61  8.76  125,594 
04/05/2024 8.75  9.11  8.59  8.76  98,674 
04/04/2024 9.21  9.52  8.86  8.89  126,699 
04/03/2024 9.33  9.33  8.66  9.03  138,812 
04/02/2024 9.27  9.36  8.95  9.14  142,102 
04/01/2024 10.47  10.85  9.31  9.45  270,688 
03/28/2024 9.28  9.71  9.20  9.65  244,222 
03/27/2024 8.79  9.41  8.65  9.27  264,843 
03/26/2024 8.78  9.09  8.21  8.68  592,532 
03/25/2024 10.35  10.57  8.63  8.71  334,231 
03/22/2024 10.28  10.58  10.14  10.29  137,058 
03/21/2024 9.82  10.27  9.64  10.23  155,130 
03/20/2024 9.92  10.20  9.68  9.86  248,280 
03/19/2024 10.25  10.43  9.85  9.92  131,209 
03/18/2024 10.49  10.92  10.31  10.44  173,737 
03/15/2024 10.06  10.69  10.02  10.64  360,516 
03/14/2024 9.82  10.43  9.67  10.20  317,206 
03/13/2024 10.00  10.17  9.62  9.95  300,336 
03/12/2024 11.18  11.18  9.70  9.95  383,797 
03/11/2024 12.60  12.63  10.29  10.45  367,330 
03/08/2024 12.39  13.59  12.17  12.51  349,962 
03/07/2024 12.22  12.51  11.94  12.13  113,184 
03/06/2024 12.28  12.63  11.86  12.22  162,228 
03/05/2024 12.19  12.93  11.73  12.09  163,315 
03/04/2024 12.81  12.81  11.52  12.25  219,815 
03/01/2024 12.70  13.78  12.56  12.65  376,202 
02/29/2024 14.01  14.45  12.51  12.63  184,462 
02/28/2024 14.03  14.56  13.51  13.69  97,382 
02/27/2024 14.37  14.96  13.91  14.21  223,903 
02/26/2024 12.75  14.25  12.75  13.93  194,445 
02/23/2024 12.93  13.67  12.50  12.94  282,830 
02/22/2024 13.51  14.18  12.50  12.81  465,500 
02/21/2024 15.99  16.09  13.43  13.50  293,455 
02/20/2024 17.23  17.70  16.01  16.08  223,115 
02/16/2024 15.37  17.48  15.06  17.36  273,749 
02/15/2024 15.30  16.09  14.97  15.40  455,610 
02/14/2024 15.47  16.28  14.92  14.95  265,283 
02/13/2024 16.60  17.21  14.87  15.25  519,854 
02/12/2024 14.75  17.49  14.51  17.32  1,511,789 
02/09/2024 14.48  15.92  14.24  14.50  477,430 

About IGM Biosciences Stock history

IGM Biosciences investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for IGM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in IGM Biosciences will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing IGM Biosciences stock prices may prove useful in developing a viable investing in IGM Biosciences
Last ReportedProjected for Next Year
Common Stock Shares Outstanding52.3 M28.6 M
Net Loss-199 M-189 M

IGM Biosciences Quarterly Net Working Capital

305.12 Million

IGM Biosciences Stock Technical Analysis

IGM Biosciences 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.
A focus of IGM Biosciences technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of IGM Biosciences trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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IGM Biosciences Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for IGM Biosciences' price direction in advance. Along with the technical and fundamental analysis of IGM Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of IGM to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether IGM Biosciences is a strong investment it is important to analyze IGM Biosciences' 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 IGM Biosciences' future performance. For an informed investment choice regarding IGM Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IGM Biosciences. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For more information on how to buy IGM Stock please use our How to Invest in IGM Biosciences guide.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

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Is IGM Biosciences' industry 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 IGM Biosciences. If investors know IGM 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 IGM Biosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.71)
Revenue Per Share
0.041
Quarterly Revenue Growth
0.75
Return On Assets
(0.35)
Return On Equity
(1.00)
The market value of IGM Biosciences is measured differently than its book value, which is the value of IGM that is recorded on the company's balance sheet. Investors also form their own opinion of IGM Biosciences' value that differs from its market value or its book value, called intrinsic value, which is IGM Biosciences' 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 IGM Biosciences' market value can be influenced by many factors that don't directly affect IGM Biosciences' 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 IGM Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if IGM Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IGM Biosciences' 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.