Ionis Pharmaceuticals Stock Beta

IONS Stock

USD 32.96 0.06 0.18%

Ionis Pharmaceuticals fundamentals help investors to digest information that contributes to Ionis Pharmaceuticals' financial success or failures. It also enables traders to predict the movement of Ionis Stock. The fundamental analysis module provides a way to measure Ionis Pharmaceuticals' 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 Ionis Pharmaceuticals stock.

Short Long Term Debt Total Total Assets

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Ionis Pharmaceuticals Company Beta Analysis

Ionis Pharmaceuticals' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

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Current Ionis Pharmaceuticals Beta

0.28

Most of Ionis Pharmaceuticals' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ionis Pharmaceuticals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Ionis Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Ionis Pharmaceuticals is extremely important. It helps to project a fair market value of Ionis Stock properly, considering its historical fundamentals such as Beta. Since Ionis Pharmaceuticals' 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 Ionis Pharmaceuticals' 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 Ionis Pharmaceuticals' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Net Receivables	Short Term Investments	Common Stock	Long Term Debt	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock	Long Term Investments
Total Assets		0.79	0.0	-0.65	0.94	1.0	0.32	0.76	0.61	0.54	0.96	0.43	0.87	0.44	0.77	0.8	0.87	0.94	-0.03	0.21	0.94	0.96	0.61	-0.43
Total Stockholder Equity	0.79		-0.53	-0.15	0.54	0.77	0.27	0.53	0.23	0.19	0.73	0.34	0.45	0.69	0.69	0.98	0.45	0.79	-0.07	0.24	0.85	0.77	0.19	-0.11
Net Debt	0.0	-0.53		-0.59	0.29	0.02	-0.02	0.01	0.46	0.38	0.09	-0.08	0.31	-0.63	-0.28	-0.47	0.33	-0.13	0.0	-0.19	-0.12	0.04	0.67	-0.62
Retained Earnings	-0.65	-0.15	-0.59		-0.82	-0.67	-0.29	-0.75	-0.85	-0.56	-0.64	-0.58	-0.79	-0.04	-0.33	-0.12	-0.82	-0.57	-0.2	-0.1	-0.45	-0.54	-0.82	0.67
Total Liab	0.94	0.54	0.29	-0.82		0.95	0.32	0.75	0.7	0.64	0.92	0.41	0.95	0.23	0.67	0.57	0.95	0.86	0.01	0.18	0.83	0.89	0.74	-0.54
Total Current Assets	1.0	0.77	0.02	-0.67	0.95		0.34	0.76	0.61	0.56	0.96	0.43	0.88	0.44	0.76	0.79	0.88	0.94	-0.01	0.23	0.94	0.95	0.62	-0.43
Short Term Debt	0.32	0.27	-0.02	-0.29	0.32	0.34		0.31	0.17	0.36	0.36	0.12	0.12	0.42	0.26	0.27	0.13	0.4	-0.06	0.97	0.29	0.2	0.22	-0.15
Intangible Assets	0.76	0.53	0.01	-0.75	0.75	0.76	0.31		0.52	0.34	0.66	0.8	0.71	0.52	0.58	0.48	0.73	0.76	0.11	0.23	0.63	0.65	0.44	-0.21
Accounts Payable	0.61	0.23	0.46	-0.85	0.7	0.61	0.17	0.52		0.49	0.61	0.44	0.64	0.0	0.39	0.2	0.69	0.51	0.3	-0.02	0.39	0.48	0.77	-0.74
Net Receivables	0.54	0.19	0.38	-0.56	0.64	0.56	0.36	0.34	0.49		0.53	0.06	0.6	0.13	0.32	0.24	0.6	0.51	-0.1	0.25	0.47	0.5	0.57	-0.45
Short Term Investments	0.96	0.73	0.09	-0.64	0.92	0.96	0.36	0.66	0.61	0.53		0.3	0.84	0.32	0.75	0.76	0.84	0.91	-0.2	0.23	0.9	0.93	0.66	-0.48
Common Stock	0.43	0.34	-0.08	-0.58	0.41	0.43	0.12	0.8	0.44	0.06	0.3		0.36	0.52	0.39	0.21	0.4	0.37	0.27	0.09	0.25	0.25	0.15	-0.1
Long Term Debt	0.87	0.45	0.31	-0.79	0.95	0.88	0.12	0.71	0.64	0.6	0.84	0.36		0.17	0.55	0.47	1.0	0.78	-0.01	-0.02	0.79	0.85	0.73	-0.53
Property Plant Equipment	0.44	0.69	-0.63	-0.04	0.23	0.44	0.42	0.52	0.0	0.13	0.32	0.52	0.17		0.52	0.6	0.18	0.49	-0.08	0.47	0.47	0.33	-0.15	0.19
Current Deferred Revenue	0.77	0.69	-0.28	-0.33	0.67	0.76	0.26	0.58	0.39	0.32	0.75	0.39	0.55	0.52		0.73	0.52	0.79	-0.07	0.27	0.65	0.68	0.1	0.06
Net Tangible Assets	0.8	0.98	-0.47	-0.12	0.57	0.79	0.27	0.48	0.2	0.24	0.76	0.21	0.47	0.6	0.73		0.46	0.82	-0.12	0.25	0.87	0.82	0.21	-0.07
Long Term Debt Total	0.87	0.45	0.33	-0.82	0.95	0.88	0.13	0.73	0.69	0.6	0.84	0.4	1.0	0.18	0.52	0.46		0.77	0.02	-0.03	0.79	0.84	0.77	-0.58
Capital Surpluse	0.94	0.79	-0.13	-0.57	0.86	0.94	0.4	0.76	0.51	0.51	0.91	0.37	0.78	0.49	0.79	0.82	0.77		-0.05	0.32	0.89	0.9	0.49	-0.22
Deferred Long Term Liab	-0.03	-0.07	0.0	-0.2	0.01	-0.01	-0.06	0.11	0.3	-0.1	-0.2	0.27	-0.01	-0.08	-0.07	-0.12	0.02	-0.05		-0.09	-0.17	-0.16	0.04	-0.12
Short Long Term Debt	0.21	0.24	-0.19	-0.1	0.18	0.23	0.97	0.23	-0.02	0.25	0.23	0.09	-0.02	0.47	0.27	0.25	-0.03	0.32	-0.09		0.2	0.09	-0.02	0.09
Net Invested Capital	0.94	0.85	-0.12	-0.45	0.83	0.94	0.29	0.63	0.39	0.47	0.9	0.25	0.79	0.47	0.65	0.87	0.79	0.89	-0.17	0.2		0.97	0.54	-0.36
Net Working Capital	0.96	0.77	0.04	-0.54	0.89	0.95	0.2	0.65	0.48	0.5	0.93	0.25	0.85	0.33	0.68	0.82	0.84	0.9	-0.16	0.09	0.97		0.62	-0.41
Capital Stock	0.61	0.19	0.67	-0.82	0.74	0.62	0.22	0.44	0.77	0.57	0.66	0.15	0.73	-0.15	0.1	0.21	0.77	0.49	0.04	-0.02	0.54	0.62		-0.9
Long Term Investments	-0.43	-0.11	-0.62	0.67	-0.54	-0.43	-0.15	-0.21	-0.74	-0.45	-0.48	-0.1	-0.53	0.19	0.06	-0.07	-0.58	-0.22	-0.12	0.09	-0.36	-0.41	-0.9

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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

Predict Ionis Pharmaceuticals

In accordance with the recently published financial statements, Ionis Pharmaceuticals has a Beta of 0.279. This is 67.56% lower than that of the Biotechnology sector and 79.93% lower than that of the Health Care industry. The beta for all United States stocks is notably lower than that of the firm.

Ionis Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ionis Pharmaceuticals' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ionis Pharmaceuticals could also be used in its relative valuation, which is a method of valuing Ionis Pharmaceuticals by comparing valuation metrics of similar companies.

Ionis Pharmaceuticals is currently under evaluation in beta category among its peers.

Ionis Pharmaceuticals 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, Ionis Pharmaceuticals' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Ionis Pharmaceuticals' managers, analysts, and investors.

Environmental

Governance

Social

Ionis Pharmaceuticals Institutional Holders

Institutional Holdings refers to the ownership stake in Ionis Pharmaceuticals that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Ionis Pharmaceuticals' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Ionis Pharmaceuticals' value.

		Shares
Geode Capital Management, Llc	2024-12-31	2.7 M
Citadel Advisors Llc	2024-12-31	2.2 M
Deep Track Capital, Lp	2024-12-31	1.9 M
Ubs Group Ag	2024-12-31	1.9 M
Macquarie Group Ltd	2024-12-31	1.8 M
Norges Bank	2024-12-31	1.7 M
Clearbridge Advisors, Llc	2024-12-31	1.6 M
Charles Schwab Investment Management Inc	2024-12-31	1.5 M
Two Sigma Advisers, Llc	2024-12-31	1.3 M
Fmr Inc	2024-12-31	22.7 M
Vanguard Group Inc	2024-12-31	16.5 M

As returns on the market increase, Ionis Pharmaceuticals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Ionis Pharmaceuticals is expected to be smaller as well.

Ionis Fundamentals

	Return On Equity	-0.93
	Return On Asset	-0.0991
	Profit Margin	(0.64) %
	Operating Margin	(0.49) %
	Current Valuation	4.36 B
	Shares Outstanding	158.96 M
	Shares Owned By Insiders	0.83 %
	Shares Owned By Institutions	99.17 %
	Number Of Shares Shorted	12.67 M
	Price To Earning	101.16 X
	Price To Book	8.91 X
	Price To Sales	7.43 X
	Revenue	705.14 M
	Gross Profit	(207.61 M)
	EBITDA	(475.08 M)
	Net Income	(453.9 M)
	Cash And Equivalents	2.04 B
	Cash Per Share	14.36 X
	Total Debt	1.41 B
	Debt To Equity	2.00 %
	Current Ratio	8.18 X
	Book Value Per Share	3.73 X
	Cash Flow From Operations	(500.95 M)
	Short Ratio	7.45 X
	Earnings Per Share	(3.04) X
	Price To Earnings To Growth	25.70 X
	Target Price	59.5
	Number Of Employees	1.07 K
	Beta	0.28
	Market Capitalization	5.24 B
	Total Asset	3 B
	Retained Earnings	(2.25 B)
	Working Capital	2.31 B
	Current Asset	837 M
	Current Liabilities	148.88 M
	Net Asset	3 B

About Ionis Pharmaceuticals Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ionis Pharmaceuticals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ionis Pharmaceuticals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ionis Pharmaceuticals 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.

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Additional Tools for Ionis Stock Analysis

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

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