IBRX Stock | | | USD 5.10 0.06 1.19% |
Immunitybio financial indicator trend analysis is infinitely more than just investigating Immunitybio recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Immunitybio is a good investment. Please check the relationship between Immunitybio Non Current Liabilities Total and its Gross Profit Margin accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Immunitybio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
For more information on how to buy Immunitybio Stock please use our
How to Invest in Immunitybio guide.
Non Current Liabilities Total vs Gross Profit Margin
Non Current Liabilities Total vs Gross Profit Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Immunitybio Non Current Liabilities Total account and
Gross Profit Margin. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Immunitybio's Non Current Liabilities Total and Gross Profit Margin is -0.48. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Gross Profit Margin in the same time period over historical financial statements of Immunitybio, assuming nothing else is changed. The correlation between historical values of Immunitybio's Non Current Liabilities Total and Gross Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Immunitybio are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Non Current Liabilities Total i.e., Immunitybio's Non Current Liabilities Total and Gross Profit Margin go up and down completely randomly.
Correlation Coefficient | -0.48 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Non Current Liabilities Total
Gross Profit Margin
Most indicators from Immunitybio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Immunitybio current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Immunitybio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
For more information on how to buy Immunitybio Stock please use our
How to Invest in Immunitybio guide.At this time, Immunitybio's
Tax Provision is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 802.07 in 2024, whereas
Selling General Administrative is likely to drop slightly above 91.7
M in 2024.
Immunitybio fundamental ratios Correlations
Click cells to compare fundamentals
Immunitybio Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Immunitybio fundamental ratios Accounts
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Additional Tools for Immunitybio Stock Analysis
When running Immunitybio's price analysis, check to
measure Immunitybio's 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 Immunitybio is operating at the current time. Most of Immunitybio's value examination focuses on studying past and present price action to
predict the probability of Immunitybio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Immunitybio's price. Additionally, you may evaluate how the addition of Immunitybio to your portfolios can decrease your overall portfolio volatility.