Immatics Stock Forward View - Double Exponential Smoothing
| IMTX Stock | USD 9.77 0.03 0.31% |
The Double Exponential Smoothing forecast reference data for Immatics NV is based on the equity's recent trading history. Forecast values and accuracy indicators are summarized on this page for reference. This reference information is provided for analytical context.
The Double Exponential Smoothing forecasted value of Immatics NV on the next trading day is expected to be 9.71 with a mean absolute deviation of 0.28 and the sum of the absolute errors of 16.42.When Immatics NV prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any Immatics NV trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Immatics observations are given relatively more weight in forecasting than the older observations. The Double Exponential Smoothing projections for Immatics NV are reference data based on historical daily prices and are provided as informational context. Double Exponential Smoothing Price Forecast For the 27th of March
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Immatics NV on the next trading day is expected to be 9.71 with a mean absolute deviation of 0.28 , mean absolute percentage error of 0.13 , and the sum of the absolute errors of 16.42 .Please note that although there have been many attempts to predict Immatics Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Immatics' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Immatics | Immatics Price Prediction | Research Analysis |
Forecasted Value
For the next trading day, Macroaxis evaluates Immatics' predictive range by looking for statistically meaningful downside and upside boundaries. The projected forecast band currently runs from roughly 6.09 on the downside to about 13.32 on the upside.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Immatics stock data series using in forecasting. Note that when a statistical model is used to represent Immatics stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | Huge |
| Bias | Arithmetic mean of the errors | -0.0549 |
| MAD | Mean absolute deviation | 0.2783 |
| MAPE | Mean absolute percentage error | 0.0284 |
| SAE | Sum of the absolute errors | 16.42 |
Other Forecasting Options for Immatics
Volatility clustering is a well-documented feature of Immatics Stock price data where periods of large moves tend to follow other large moves. When Immatics' RSI reaches extreme levels, it often precedes a short-term price correction or consolidation. Seasonal patterns in Immatics' returns can persist when driven by structural factors like earnings calendars or index rebalancing.Immatics Related Equities
Sizing up Immatics against these stocks within the Health Care space shows how it compares on key financial measures. Revenue and margin checks across this group help investors set expectations for Immatics' results.
| Risk & Return | Correlation |
Immatics Market Strength Events
Analyzing market strength indicators for Immatics enables investors to understand relative stock momentum. These tools help identify favorable windows for position changes in Immatics NV. Market strength indicators support more precise timing of Immatics NV positions across market cycles.
Immatics Risk Indicators
Identifying and analyzing Immatics' key risk indicators is a foundational step in projecting how its price may evolve. This process involves measuring the level of investment risk in Immatics' and determining how best to manage it. Studying Immatics' risk indicators helps investors understand the risk level of immatics stock.
| Mean Deviation | 2.74 | |||
| Semi Deviation | 3.23 | |||
| Standard Deviation | 3.63 | |||
| Variance | 13.18 | |||
| Downside Variance | 10.84 | |||
| Semi Variance | 10.42 | |||
| Expected Short fall | -3.01 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Immatics
A coverage review of Immatics NV shows when the security is attracting above-average attention from contributors and market observers. Used properly, this context can help investors judge whether visibility is reinforcing the thesis or attracting more speculative pressure.
Contributor Headline
Latest Perspective From Macroaxis
Immatics Short Properties
Short sentiment tied to Immatics NV matters because heavier bearish pressure can change how quickly future price expectations become unstable. A disciplined short-interest review can make timing decisions more informed under rising skepticism.
| Common Stock Shares Outstanding | 122.3 M | |
| Cash And Short Term Investments | 469.1 M |