Agenus Inc Stock Market Value
| AGEN Stock | USD 16.60 0.04 0.24% |
| Symbol | Agenus |
Agenus Inc 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 Agenus. If investors know Agenus 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 Agenus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 11.6 | Revenue Per Share 8.485 | Quarterly Revenue Growth 0.223 | Return On Assets (0.26) | Return On Equity (12.79) |
The market value of Agenus Inc is measured differently than its book value, which is the value of Agenus that is recorded on the company's balance sheet. Investors also form their own opinion of Agenus' value that differs from its market value or its book value, called intrinsic value, which is Agenus' 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 Agenus' market value can be influenced by many factors that don't directly affect Agenus' 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 Agenus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Agenus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agenus' 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.
Agenus '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 Agenus' 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 Agenus.
| 05/09/2024 |
| 06/08/2024 |
If you would invest 0.00 in Agenus on May 9, 2024 and sell it all today you would earn a total of 0.00 from holding Agenus Inc or generate 0.0% return on investment in Agenus over 30 days. Agenus is related to or competes with Barloworld, Morningstar Unconstrained, High Yield, Thrivent High, and Via Renewables. Agenus Inc., a clinical-stage immuno-oncology company, discovers and develops immuno-oncology products in the United Sta... More
Agenus 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 Agenus' 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 Agenus Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.29 | |||
| Information Ratio | 0.0677 | |||
| Maximum Drawdown | 51.34 | |||
| Value At Risk | (10.49) | |||
| Potential Upside | 11.96 |
Agenus Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Agenus' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Agenus' standard deviation. In reality, there are many statistical measures that can use Agenus historical prices to predict the future Agenus' volatility.| Risk Adjusted Performance | 0.0527 | |||
| Jensen Alpha | 0.5521 | |||
| Total Risk Alpha | 0.477 | |||
| Sortino Ratio | 0.0785 | |||
| Treynor Ratio | 0.16 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Agenus' 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.
Agenus Inc Backtested Returns
Agenus appears to be moderately volatile, given 3 months investment horizon. Agenus Inc secures Sharpe Ratio (or Efficiency) of 0.0785, which signifies that the company had a 0.0785% return per unit of standard deviation over the last 3 months. By analyzing Agenus' technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please makes use of Agenus' risk adjusted performance of 0.0527, and Mean Deviation of 5.82 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Agenus holds a performance score of 6. The firm shows a Beta (market volatility) of 3.62, 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, Agenus will likely underperform. Please check Agenus' potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to make a quick decision on whether Agenus' price patterns will revert.
Auto-correlation | -0.3 |
Weak reverse predictability
Agenus Inc has weak reverse predictability. Overlapping area represents the amount of predictability between Agenus time series from 9th of May 2024 to 24th of May 2024 and 24th of May 2024 to 8th of June 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 Agenus Inc price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Agenus price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 1.44 |
Agenus Inc lagged returns against current returns
Autocorrelation, which is Agenus 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 Agenus' stock expected returns. We can calculate the autocorrelation of Agenus returns to help us make a trade decision. For example, suppose you find that Agenus 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 |
Agenus 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 Agenus stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Agenus stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Agenus stock over time.
Current vs Lagged Prices |
| Timeline |
Agenus Lagged Returns
When evaluating Agenus' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Agenus stock have on its future price. Agenus 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, Agenus autocorrelation shows the relationship between Agenus stock current value and its past values and can show if there is a momentum factor associated with investing in Agenus Inc.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectAdditional Information and Resources on Investing in Agenus Stock
When determining whether Agenus Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Agenus' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Agenus Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Agenus Inc Stock:Check out Agenus Correlation, Agenus Volatility and Agenus Alpha and Beta module to complement your research on Agenus. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Agenus 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.