| IMTX Stock | | | USD 7.59 0.01 0.13% |
Immatics financial indicator trend analysis is infinitely more than just investigating Immatics NV recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Immatics NV is a good investment. Please check the relationship between Immatics Price To Sales Ratio and its Roic accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Immatics NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Price To Sales Ratio vs Roic
Price To Sales Ratio vs Roic Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Immatics NV Price To Sales Ratio account and
Roic. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Immatics' Price To Sales Ratio and Roic is 0.9. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Roic in the same time period over historical financial statements of Immatics NV, assuming nothing else is changed. The correlation between historical values of Immatics' Price To Sales Ratio and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Immatics NV are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Price To Sales Ratio i.e., Immatics' Price To Sales Ratio and Roic go up and down completely randomly.
Correlation Coefficient | 0.9 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Immatics NV stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Immatics sales, a figure that is much harder to manipulate than other Immatics NV multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.
Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.
Most indicators from Immatics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Immatics NV 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 Immatics NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Sales General And Administrative To Revenue is likely to rise to 1.03 in 2024, whereas
Tax Provision is likely to drop 0.00 in 2024.
Immatics fundamental ratios Correlations
Click cells to compare fundamentals
Immatics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Immatics fundamental ratios Accounts
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Additional Tools for Immatics Stock Analysis
When running Immatics' price analysis, check to
measure Immatics' 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 Immatics is operating at the current time. Most of Immatics' value examination focuses on studying past and present price action to
predict the probability of Immatics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Immatics' price. Additionally, you may evaluate how the addition of Immatics to your portfolios can decrease your overall portfolio volatility.