Immunomedics Inc (NASDAQ:IMMU) Risk Points versus Health Care (XLV)Date Published: 2017-04-21
This is a scatter plot analysis of the critical risk points from the option market for Immunomedics Inc (NASDAQ:IMMU) compared to its own past and the Health Care ETF. In order to examine the forward looking risk for Immunomedics Inc (NASDAQ:IMMU) the next 30-days, we must look to the option market.
Now, before we dive into the analysis on IMMU, we make one critical note since we're talking about options:
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But that's at the end, now let's jump back into the risk point charting and number crunching for Immunomedics Inc (NASDAQ:IMMU) . We start by noting that IMMU is in the biotechnology and pharmaceutical sector which means along with some other industries we also compare the company to the closest match we could find, which was the Health Care ETF (XLV) as a proxy for Immunomedics Inc.
We have highlighted the IV30® for XLV and for IMMU in the table below.
|CONTEXT: THE INDICES|
|S&P 500 (SPY)||IV30||11.15%|
|Nasdaq 100 (QQQ)||IV30||12.44%|
|Health Care ETF (XLV)||IV30||11.89%|
|Immunomedics Inc (NASDAQ:IMMU)|
|IMMU 52 Week Low||IV30||59.7%|
|IMMU 52 Week High||IV30||139.19%|
|Immunomedics Inc Implied Risk Scatter Plot|
|(a new risk chart, built for option traders)|
Scatter Plot Risk Legend
The blue point is the current 30-day implied volatility for Immunomedics Inc.
The black point is the current 30-day implied volatility for the Health Care ETF (XLV).
The red point is the 52 week low in IV30® for Immunomedics Inc.
The green point is the 52 week high in IV30® for Immunomedics Inc.
The various other scatter plot points in the middle give us risk context outside of the biotechnology and pharmaceutical sector.
The IV30® is the risk reflected by the option market in the stock price for the next 30 calendar days.
* We can see that the risk as reflected by the option market for the next 30-days for Immunomedics Inc is above all the indices we have charted including the Health Care ETF (XLV).
* We can further see that the current IV30 for Immunomedics Inc of 80.15% is closer to the annual low of 59.7% than the annual high of 139.19%. Simply stated, this means that the option market is pricing less risk than the average over the past year.
* For some context, we note that the annual range in IV30® for the Health Care ETF is between [10.43%, 23.51%] while Immunomedics Inc has had a range of [59.7%, 139.19%].
Get this same analysis on any ticker here:
A New Kind of Risk Point Chart
This is chart was developed for the trader. It allows us to easily see where the forward looking risk for Immunomedics Inc (NASDAQ:IMMU) lies relative to the last year, and the various major stock groupings and the Biotechnology and Pharmaceutical sector without using time series data, which can confuse the information.