IMMR Stock | | | USD 8.19 0.16 1.92% |
Immersion financial indicator trend analysis is infinitely more than just investigating Immersion recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Immersion is a good investment. Please check the relationship between Immersion Non Currrent Assets Other and its Cash accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Immersion. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
To learn how to invest in Immersion Stock, please use our
How to Invest in Immersion guide.
Non Currrent Assets Other vs Cash
Non Currrent Assets Other vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Immersion Non Currrent Assets Other account and
Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Immersion's Non Currrent Assets Other and Cash is 0.72. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Cash in the same time period over historical financial statements of Immersion, assuming nothing else is changed. The correlation between historical values of Immersion's Non Currrent Assets Other and Cash 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 Currrent Assets Other of Immersion are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Currrent Assets Other i.e., Immersion's Non Currrent Assets Other and Cash go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Cash
Cash refers to the most liquid asset of Immersion, which is listed under current asset account on Immersion balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Immersion customers. The amounts must be unrestricted with restricted cash listed in a different Immersion account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Immersion's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Immersion 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 Immersion. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
To learn how to invest in Immersion Stock, please use our
How to Invest in Immersion guide.At this time, Immersion's
Selling General Administrative is relatively stable compared to the past year. As of 02/26/2025,
Sales General And Administrative To Revenue is likely to grow to 0.81, while
Tax Provision is likely to drop slightly above 575.4
K.
Immersion fundamental ratios Correlations
Click cells to compare fundamentals
Immersion Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Immersion fundamental ratios Accounts
Additional Tools for Immersion Stock Analysis
When running Immersion's price analysis, check to
measure Immersion'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 Immersion is operating at the current time. Most of Immersion's value examination focuses on studying past and present price action to
predict the probability of Immersion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Immersion's price. Additionally, you may evaluate how the addition of Immersion to your portfolios can decrease your overall portfolio volatility.