IOBT Book Value Per Share vs Cash Per Share Analysis

IOBT Stock  USD 0.89  0.04  4.71%   
IO Biotech financial indicator trend analysis is infinitely more than just investigating IO Biotech recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IO Biotech is a good investment. Please check the relationship between IO Biotech Book Value Per Share and its Cash Per Share accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IO Biotech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy IOBT Stock please use our How to Invest in IO Biotech guide.

Book Value Per Share vs Cash Per Share

Book Value Per Share vs Cash Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IO Biotech Book Value Per Share account and Cash Per Share. At this time, the significance of the direction appears to have totally related.
The correlation between IO Biotech's Book Value Per Share and Cash Per Share is 1.0. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Cash Per Share in the same time period over historical financial statements of IO Biotech, assuming nothing else is changed. The correlation between historical values of IO Biotech's Book Value Per Share and Cash Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of IO Biotech are associated (or correlated) with its Cash Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Per Share has no effect on the direction of Book Value Per Share i.e., IO Biotech's Book Value Per Share and Cash Per Share go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Cash Per Share

Most indicators from IO Biotech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IO Biotech 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 IO Biotech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy IOBT Stock please use our How to Invest in IO Biotech guide.At this time, IO Biotech's Issuance Of Capital Stock is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 0.68 in 2024, despite the fact that Enterprise Value is likely to grow to (80.3 M).

IO Biotech fundamental ratios Correlations

-0.810.890.31.00.770.99-0.42-0.99-0.790.971.00.720.680.771.00.640.47-0.91-0.990.970.96-0.971.0-0.421.0
-0.81-0.890.12-0.8-0.92-0.80.470.830.78-0.79-0.81-0.73-0.67-0.53-0.81-0.54-0.510.590.81-0.77-0.830.69-0.780.47-0.81
0.89-0.890.320.880.970.9-0.59-0.89-0.920.910.880.830.840.430.880.340.78-0.79-0.880.770.96-0.820.87-0.590.88
0.30.120.320.320.180.36-0.32-0.27-0.410.420.30.390.45-0.050.3-0.350.57-0.61-0.320.150.43-0.450.34-0.320.3
1.0-0.80.880.320.761.0-0.41-0.99-0.780.981.00.720.670.771.00.630.46-0.91-0.990.970.96-0.971.0-0.411.0
0.77-0.920.970.180.760.79-0.64-0.79-0.90.790.770.820.850.280.770.250.81-0.65-0.770.650.87-0.670.74-0.640.77
0.99-0.80.90.361.00.79-0.39-0.98-0.790.980.990.720.680.750.990.60.52-0.91-0.980.950.97-0.960.99-0.390.99
-0.420.47-0.59-0.32-0.41-0.64-0.390.520.81-0.47-0.42-0.74-0.920.18-0.420.23-0.720.560.49-0.32-0.510.45-0.41.0-0.42
-0.990.83-0.89-0.27-0.99-0.79-0.980.520.83-0.96-0.99-0.76-0.74-0.71-0.99-0.6-0.50.911.0-0.96-0.950.96-0.990.52-0.99
-0.790.78-0.92-0.41-0.78-0.9-0.790.810.83-0.86-0.78-0.97-0.94-0.24-0.78-0.08-0.810.830.83-0.64-0.90.79-0.770.81-0.78
0.97-0.790.910.420.980.790.98-0.47-0.96-0.860.970.830.730.670.970.480.56-0.94-0.980.890.99-0.980.98-0.470.97
1.0-0.810.880.31.00.770.99-0.42-0.99-0.780.970.710.680.771.00.630.47-0.91-0.990.970.96-0.971.0-0.421.0
0.72-0.730.830.390.720.820.72-0.74-0.76-0.970.830.710.850.220.710.020.7-0.8-0.770.560.85-0.770.71-0.740.71
0.68-0.670.840.450.670.850.68-0.92-0.74-0.940.730.680.850.060.68-0.030.87-0.75-0.720.550.78-0.680.67-0.920.68
0.77-0.530.43-0.050.770.280.750.18-0.71-0.240.670.770.220.060.770.92-0.18-0.58-0.730.860.59-0.730.770.180.77
1.0-0.810.880.31.00.770.99-0.42-0.99-0.780.971.00.710.680.770.630.47-0.91-0.990.970.96-0.971.0-0.421.0
0.64-0.540.34-0.350.630.250.60.23-0.6-0.080.480.630.02-0.030.920.63-0.27-0.33-0.580.780.42-0.510.630.230.64
0.47-0.510.780.570.460.810.52-0.72-0.5-0.810.560.470.70.87-0.180.47-0.27-0.54-0.490.280.66-0.450.46-0.720.46
-0.910.59-0.79-0.61-0.91-0.65-0.910.560.910.83-0.94-0.91-0.8-0.75-0.58-0.91-0.33-0.540.93-0.83-0.910.97-0.920.56-0.9
-0.990.81-0.88-0.32-0.99-0.77-0.980.491.00.83-0.98-0.99-0.77-0.72-0.73-0.99-0.58-0.490.93-0.95-0.960.98-0.990.49-0.99
0.97-0.770.770.150.970.650.95-0.32-0.96-0.640.890.970.560.550.860.970.780.28-0.83-0.950.85-0.920.97-0.320.97
0.96-0.830.960.430.960.870.97-0.51-0.95-0.90.990.960.850.780.590.960.420.66-0.91-0.960.85-0.940.95-0.510.95
-0.970.69-0.82-0.45-0.97-0.67-0.960.450.960.79-0.98-0.97-0.77-0.68-0.73-0.97-0.51-0.450.970.98-0.92-0.94-0.980.45-0.97
1.0-0.780.870.341.00.740.99-0.4-0.99-0.770.981.00.710.670.771.00.630.46-0.92-0.990.970.95-0.98-0.41.0
-0.420.47-0.59-0.32-0.41-0.64-0.391.00.520.81-0.47-0.42-0.74-0.920.18-0.420.23-0.720.560.49-0.32-0.510.45-0.4-0.42
1.0-0.810.880.31.00.770.99-0.42-0.99-0.780.971.00.710.680.771.00.640.46-0.9-0.990.970.95-0.971.0-0.42
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IO Biotech Account Relationship Matchups

Thematic Opportunities

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Additional Tools for IOBT Stock Analysis

When running IO Biotech's price analysis, check to measure IO Biotech'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 IO Biotech is operating at the current time. Most of IO Biotech's value examination focuses on studying past and present price action to predict the probability of IO Biotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IO Biotech's price. Additionally, you may evaluate how the addition of IO Biotech to your portfolios can decrease your overall portfolio volatility.