Immersion Stock Cash Per Share
| IMMR Stock | USD 7.06 0.16 2.32% |
Fundamental analysis of Immersion allows traders to better anticipate movements in Immersion's stock price by examining its financial health and performance throughout various phases of its business cycle.
Immersion | Build AI portfolio with Immersion Stock |
Immersion Company Cash Per Share Analysis
Immersion's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Current Immersion Cash Per Share | 4.08 X |
Most of Immersion's fundamental indicators, such as Cash Per Share, 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, Immersion is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
| Competition |
In accordance with the recently published financial statements, Immersion has a Cash Per Share of 4.08 times. This is 15.91% higher than that of the Technology Hardware, Storage & Peripherals sector and significantly higher than that of the Information Technology industry. The cash per share for all United States stocks is 18.56% higher than that of the company.
Immersion Cash Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Immersion's direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Immersion could also be used in its relative valuation, which is a method of valuing Immersion by comparing valuation metrics of similar companies.Immersion is currently under evaluation in cash per share category among its peers.
Immersion Fundamentals
| Return On Equity | 0.2 | ||||
| Return On Asset | 0.05 | ||||
| Profit Margin | 0.41 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 388.85 M | ||||
| Shares Outstanding | 32.4 M | ||||
| Shares Owned By Insiders | 14.49 % | ||||
| Shares Owned By Institutions | 58.57 % | ||||
| Number Of Shares Shorted | 2.01 M | ||||
| Price To Earning | 37.16 X | ||||
| Price To Book | 0.69 X | ||||
| Price To Sales | 1.37 X | ||||
| Revenue | 1.23 B | ||||
| Gross Profit | 122.05 M | ||||
| EBITDA | 177.17 M | ||||
| Net Income | 106.23 M | ||||
| Cash And Equivalents | 136.87 M | ||||
| Cash Per Share | 4.08 X | ||||
| Total Debt | 322.14 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 7.63 X | ||||
| Book Value Per Share | 9.85 X | ||||
| Cash Flow From Operations | (77.78 M) | ||||
| Short Ratio | 3.86 X | ||||
| Earnings Per Share | 1.80 X | ||||
| Price To Earnings To Growth | (0.45) X | ||||
| Target Price | 12.25 | ||||
| Number Of Employees | 14 | ||||
| Beta | 1.39 | ||||
| Market Capitalization | 223.54 M | ||||
| Total Asset | 1.37 B | ||||
| Retained Earnings | 41.71 M | ||||
| Working Capital | 153.14 M | ||||
| Current Asset | 68.93 M | ||||
| Current Liabilities | 15.19 M | ||||
| Annual Yield | 0.03 % | ||||
| Net Asset | 1.37 B | ||||
| Last Dividend Paid | 0.17 |
About Immersion Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Immersion's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Immersion using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Immersion 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.
Pair Trading with Immersion
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Immersion position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Immersion will appreciate offsetting losses from the drop in the long position's value.Moving together with Immersion Stock
Moving against Immersion Stock
| 0.5 | KC | Kingsoft Cloud Holdings | PairCorr |
| 0.35 | DSGX | Descartes Systems | PairCorr |
| 0.33 | VBIX | Viewbix Common Stock | PairCorr |
| 0.32 | WK | Workiva Tech Boost | PairCorr |
The ability to find closely correlated positions to Immersion could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Immersion when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Immersion - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Immersion to buy it.
The correlation of Immersion is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Immersion moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Immersion moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Immersion can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.