Immunocore Holdings Stock Equity Positions Weight
| IMCR Stock | USD 32.12 0.30 0.93% |
Immunocore Holdings fundamentals help investors to digest information that contributes to Immunocore Holdings' financial success or failures. It also enables traders to predict the movement of Immunocore Stock. The fundamental analysis module provides a way to measure Immunocore Holdings' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Immunocore Holdings stock.
Immunocore | Equity Positions Weight |
Immunocore Holdings Company Equity Positions Weight Analysis
Immunocore Holdings' Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
More About Equity Positions Weight | All Equity Analysis
Stock Percentage | = | % of Equities | in the fund |
Immunocore Equity Positions Weight Driver Correlations
Understanding the fundamental principles of building solid financial models for Immunocore Holdings is extremely important. It helps to project a fair market value of Immunocore Stock properly, considering its historical fundamentals such as Equity Positions Weight. Since Immunocore Holdings' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Immunocore Holdings' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Immunocore Holdings' interrelated accounts and indicators.
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Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
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According to the company disclosure, Immunocore Holdings has an Equity Positions Weight of 0.0%. This indicator is about the same for the Biotechnology average (which is currently at 0.0) sector and about the same as Health Care (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
Immunocore Holdings Current Valuation Drivers
We derive many important indicators used in calculating different scores of Immunocore Holdings from analyzing Immunocore Holdings' financial statements. These drivers represent accounts that assess Immunocore Holdings' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Immunocore Holdings' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 889.5M | 1.0B | 1.1B | 2.2B | 3.3B | 3.5B | |
| Enterprise Value | 875.0M | 939.1M | 900.8M | 1.9B | 3.0B | 3.1B |
Immunocore Holdings ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Immunocore Holdings' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Immunocore Holdings' managers, analysts, and investors.Environmental | Governance | Social |
Immunocore Fundamentals
| Return On Equity | -0.13 | ||||
| Return On Asset | -0.0522 | ||||
| Profit Margin | (0.16) % | ||||
| Operating Margin | (0.11) % | ||||
| Current Valuation | 1.19 B | ||||
| Shares Outstanding | 50.03 M | ||||
| Shares Owned By Insiders | 5.23 % | ||||
| Shares Owned By Institutions | 94.54 % | ||||
| Number Of Shares Shorted | 7.97 M | ||||
| Price To Book | 4.25 X | ||||
| Price To Sales | 5.42 X | ||||
| Revenue | 249.43 M | ||||
| Gross Profit | 54.11 M | ||||
| EBITDA | (51.65 M) | ||||
| Net Income | (55.29 M) | ||||
| Cash And Equivalents | 208.06 M | ||||
| Cash Per Share | 4.74 X | ||||
| Total Debt | 84.03 M | ||||
| Debt To Equity | 0.41 % | ||||
| Current Ratio | 3.98 X | ||||
| Book Value Per Share | 7.55 X | ||||
| Cash Flow From Operations | 2.94 M | ||||
| Short Ratio | 32.19 X | ||||
| Earnings Per Share | (0.95) X | ||||
| Target Price | 52.51 | ||||
| Number Of Employees | 497 | ||||
| Beta | 0.72 | ||||
| Market Capitalization | 1.61 B | ||||
| Total Asset | 597 M | ||||
| Retained Earnings | (744.67 M) | ||||
| Working Capital | 389.8 M | ||||
| Net Asset | 597 M |
About Immunocore Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Immunocore Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Immunocore Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Immunocore Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Immunocore Holdings
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Immunocore Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Immunocore Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against Immunocore Stock
The ability to find closely correlated positions to Immunocore Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Immunocore Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Immunocore Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Immunocore Holdings to buy it.
The correlation of Immunocore Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Immunocore Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Immunocore Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Immunocore Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Immunocore Stock Analysis
When running Immunocore Holdings' price analysis, check to measure Immunocore Holdings' 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 Immunocore Holdings is operating at the current time. Most of Immunocore Holdings' value examination focuses on studying past and present price action to predict the probability of Immunocore Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Immunocore Holdings' price. Additionally, you may evaluate how the addition of Immunocore Holdings to your portfolios can decrease your overall portfolio volatility.