ImmunovantInc Historical Financial Ratios

IMVT Stock  USD 31.68  0.84  2.58%   
ImmunovantInc is lately reporting on over 90 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Price Book Value Ratio of 5.79 or Days Of Payables Outstanding of 408 will help investors to properly organize and evaluate ImmunovantInc financial condition quickly.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ImmunovantInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For more information on how to buy ImmunovantInc Stock please use our How to Invest in ImmunovantInc guide.

About ImmunovantInc Financial Ratios Analysis

ImmunovantIncFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate ImmunovantInc investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on ImmunovantInc financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across ImmunovantInc history.

ImmunovantInc Financial Ratios Chart

ImmunovantInc financial ratios usually calculated using numerical values taken directly from ImmunovantInc financial statements such as income statements or balance sheets. They help investors to obtain meaningful information about ImmunovantInc. Most financial ratios help to conduct quantitative analysis to assess vital information about the company's valuation as well as profitability and liquidity indicators such as leverage, growth, profit margins, and different types of rates of return.
At this time, ImmunovantInc's Payables Turnover is comparatively stable compared to the past year. Company Equity Multiplier is likely to gain to 17.32 in 2024, whereas Price Book Value Ratio is likely to drop 5.79 in 2024.

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.
Most ratios from ImmunovantInc's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into ImmunovantInc current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 ImmunovantInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For more information on how to buy ImmunovantInc Stock please use our How to Invest in ImmunovantInc guide.At this time, ImmunovantInc's Payables Turnover is comparatively stable compared to the past year. Company Equity Multiplier is likely to gain to 17.32 in 2024, whereas Price Book Value Ratio is likely to drop 5.79 in 2024.
 2020 2021 2022 2024 (projected)
Current Ratio21.7911.529.340.81
Price To Book Ratio3.61.295.275.79

ImmunovantInc fundamentals Correlations

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0.53-0.290.5-0.48-0.010.0-0.360.3-0.88-0.7-0.390.84-0.5-0.37-0.09-0.06-0.4-0.21-0.37-0.220.770.390.5-0.20.8
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-0.070.95-0.08-0.38-0.36-0.21-0.22-0.280.35-0.10.62-0.660.640.620.27-0.460.62-0.580.31-0.57-0.71-0.07-0.08-0.59-0.52
-0.4-0.170.070.030.30.040.04-0.28-0.34-0.02-0.580.35-0.58-0.58-0.240.43-0.580.34-0.960.340.11-0.430.070.350.18
-0.380.16-0.120.14-0.88-0.44-0.440.35-0.340.370.53-0.910.560.510.54-0.260.53-0.130.49-0.11-0.67-0.41-0.12-0.13-0.56
-0.52-0.07-0.660.94-0.70.520.52-0.1-0.020.370.04-0.220.180.02-0.540.470.040.73-0.020.74-0.31-0.24-0.660.71-0.77
0.380.390.36-0.17-0.39-0.29-0.30.62-0.580.530.04-0.530.991.00.48-0.841.0-0.650.56-0.63-0.230.350.36-0.66-0.55
0.39-0.540.220.070.840.40.41-0.660.35-0.91-0.22-0.53-0.57-0.52-0.510.28-0.530.28-0.490.270.870.410.220.290.58
0.280.430.22-0.04-0.5-0.2-0.20.64-0.580.560.180.99-0.570.980.38-0.750.99-0.540.55-0.52-0.310.30.22-0.56-0.67
0.40.380.37-0.18-0.37-0.3-0.30.62-0.580.510.021.0-0.520.980.49-0.851.0-0.660.56-0.65-0.210.360.37-0.67-0.53
0.190.030.63-0.68-0.09-0.93-0.930.27-0.240.54-0.540.48-0.510.380.49-0.730.48-0.760.41-0.76-0.15-0.130.63-0.750.19
-0.64-0.22-0.760.6-0.060.560.56-0.460.43-0.260.47-0.840.28-0.75-0.85-0.73-0.840.91-0.430.9-0.09-0.44-0.760.920.04
0.370.390.35-0.17-0.4-0.29-0.290.62-0.580.530.041.0-0.530.991.00.48-0.84-0.640.55-0.63-0.230.350.35-0.66-0.56
-0.55-0.4-0.690.86-0.210.650.65-0.580.34-0.130.73-0.650.28-0.54-0.66-0.760.91-0.64-0.381.00.03-0.3-0.691.0-0.16
0.230.18-0.07-0.12-0.37-0.27-0.260.31-0.960.49-0.020.56-0.490.550.560.41-0.430.55-0.38-0.38-0.240.2-0.07-0.39-0.15
-0.55-0.4-0.690.87-0.220.650.65-0.570.34-0.110.74-0.630.27-0.52-0.65-0.760.9-0.631.0-0.380.02-0.3-0.691.0-0.18
0.67-0.720.55-0.030.770.170.17-0.710.11-0.67-0.31-0.230.87-0.31-0.21-0.15-0.09-0.230.03-0.240.020.610.550.030.61
0.93-0.090.41-0.080.390.380.39-0.07-0.43-0.41-0.240.350.410.30.36-0.13-0.440.35-0.30.2-0.30.610.41-0.320.15
0.68-0.281.0-0.620.5-0.55-0.55-0.080.07-0.12-0.660.360.220.220.370.63-0.760.35-0.69-0.07-0.690.550.41-0.690.43
-0.56-0.41-0.690.85-0.20.630.63-0.590.35-0.130.71-0.660.29-0.56-0.67-0.750.92-0.661.0-0.391.00.03-0.32-0.69-0.14
0.37-0.460.43-0.540.8-0.24-0.24-0.520.18-0.56-0.77-0.550.58-0.67-0.530.190.04-0.56-0.16-0.15-0.180.610.150.43-0.14
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ImmunovantInc Account Relationship Matchups

ImmunovantInc Investors Sentiment

The influence of ImmunovantInc's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in ImmunovantInc. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to ImmunovantInc's public news can be used to forecast risks associated with an investment in ImmunovantInc. The trend in average sentiment can be used to explain how an investor holding ImmunovantInc can time the market purely based on public headlines and social activities around ImmunovantInc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
ImmunovantInc's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for ImmunovantInc's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average ImmunovantInc's news discussions. The higher the estimated score, the more favorable is the investor's outlook on ImmunovantInc.

ImmunovantInc Implied Volatility

    
  75.64  
ImmunovantInc's implied volatility exposes the market's sentiment of ImmunovantInc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if ImmunovantInc's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that ImmunovantInc stock will not fluctuate a lot when ImmunovantInc's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ImmunovantInc in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ImmunovantInc's short interest history, or implied volatility extrapolated from ImmunovantInc options trading.

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When determining whether ImmunovantInc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if ImmunovantInc Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Immunovantinc Stock. Highlighted below are key reports to facilitate an investment decision about Immunovantinc Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ImmunovantInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For more information on how to buy ImmunovantInc Stock please use our How to Invest in ImmunovantInc guide.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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When running ImmunovantInc's price analysis, check to measure ImmunovantInc'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 ImmunovantInc is operating at the current time. Most of ImmunovantInc's value examination focuses on studying past and present price action to predict the probability of ImmunovantInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ImmunovantInc's price. Additionally, you may evaluate how the addition of ImmunovantInc to your portfolios can decrease your overall portfolio volatility.
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Is ImmunovantInc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ImmunovantInc. If investors know ImmunovantInc will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ImmunovantInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.81)
Return On Assets
(0.27)
Return On Equity
(0.45)
The market value of ImmunovantInc is measured differently than its book value, which is the value of ImmunovantInc that is recorded on the company's balance sheet. Investors also form their own opinion of ImmunovantInc's value that differs from its market value or its book value, called intrinsic value, which is ImmunovantInc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ImmunovantInc's market value can be influenced by many factors that don't directly affect ImmunovantInc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ImmunovantInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if ImmunovantInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ImmunovantInc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.