Immersion Pocfratio vs Days Sales Outstanding Analysis

IMMR Stock  USD 9.09  0.14  1.56%   
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 Pocfratio and its Days Sales Outstanding 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.

Pocfratio vs Days Sales Outstanding

JavaScript chart by amCharts 3.21.15201420162018202020222024-1K01K2K3K4K5K6K7K8K9K10K11K12K13K14K15K 102030405060708090100110120130140150160
JavaScript chart by amCharts 3.21.15Pocfratiototal: 15.4KDays Sales Outstandingtotal: 647.5590508486896

Pocfratio vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Immersion Pocfratio account and Days Sales Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
PocfratioDays Sales OutstandingDiversified AwayPocfratioDays Sales OutstandingDiversified Away100%
The correlation between Immersion's Pocfratio and Days Sales Outstanding is 0.55. Overlapping area represents the amount of variation of Pocfratio that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Immersion, assuming nothing else is changed. The correlation between historical values of Immersion's Pocfratio and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pocfratio of Immersion are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Pocfratio i.e., Immersion's Pocfratio and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Pocfratio

Days Sales Outstanding

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 12/22/2024, Sales General And Administrative To Revenue is likely to grow to 0.81, while Tax Provision is likely to drop slightly above 639.4 K.
 2021 2022 2023 2024 (projected)
Gross Profit35.0M38.5M33.6M34.5M
Total Revenue35.1M38.5M33.9M38.0M

Immersion fundamental ratios Correlations

0.930.560.98-0.32-0.560.27-0.280.510.750.330.980.650.720.620.790.220.15-0.880.46-0.330.990.71-0.780.320.04
0.930.520.91-0.32-0.520.32-0.140.470.60.250.950.610.620.440.780.18-0.03-0.860.43-0.370.940.6-0.670.3-0.15
0.560.520.440.36-0.38-0.350.460.390.290.030.60.130.740.740.470.110.09-0.530.740.250.580.75-0.690.46-0.09
0.980.910.44-0.4-0.450.42-0.430.390.820.260.940.670.650.520.830.230.09-0.850.28-0.430.950.63-0.720.140.13
-0.32-0.320.36-0.4-0.01-0.490.680.03-0.27-0.33-0.27-0.61-0.090.14-0.34-0.210.030.350.260.89-0.31-0.060.00.15-0.11
-0.56-0.52-0.38-0.45-0.010.13-0.2-0.99-0.06-0.7-0.62-0.31-0.53-0.450.03-0.06-0.460.5-0.75-0.2-0.65-0.540.36-0.790.11
0.270.32-0.350.42-0.490.13-0.6-0.170.42-0.160.220.21-0.27-0.50.38-0.06-0.11-0.11-0.57-0.60.21-0.340.22-0.560.38
-0.28-0.140.46-0.430.68-0.2-0.60.22-0.57-0.15-0.16-0.46-0.030.08-0.36-0.180.010.210.580.59-0.19-0.010.030.55-0.45
0.510.470.390.390.03-0.99-0.170.220.010.720.570.280.550.45-0.080.070.46-0.470.740.230.60.56-0.320.78-0.09
0.750.60.290.82-0.27-0.060.42-0.570.010.030.630.490.460.450.74-0.020.08-0.67-0.01-0.30.630.43-0.68-0.190.37
0.330.250.030.26-0.33-0.7-0.16-0.150.720.030.330.640.460.27-0.170.290.24-0.490.440.040.380.48-0.120.550.13
0.980.950.60.94-0.27-0.620.22-0.160.570.630.330.610.720.610.760.250.11-0.860.54-0.311.00.71-0.750.41-0.08
0.650.610.130.67-0.61-0.310.21-0.460.280.490.640.610.560.280.510.52-0.26-0.830.15-0.50.640.56-0.380.130.16
0.720.620.740.65-0.09-0.53-0.27-0.030.550.460.460.720.560.860.50.290.09-0.790.63-0.020.730.99-0.780.44-0.05
0.620.440.740.520.14-0.45-0.50.080.450.450.270.610.280.860.410.110.29-0.610.70.190.620.89-0.90.53-0.15
0.790.780.470.83-0.340.030.38-0.36-0.080.74-0.170.760.510.50.410.28-0.24-0.670.08-0.550.740.47-0.66-0.13-0.02
0.220.180.110.23-0.21-0.06-0.06-0.180.07-0.020.290.250.520.290.110.28-0.21-0.210.05-0.260.270.320.010.010.18
0.15-0.030.090.090.03-0.46-0.110.010.460.080.240.11-0.260.090.29-0.24-0.210.080.320.230.160.12-0.140.350.26
-0.88-0.86-0.53-0.850.350.5-0.110.21-0.47-0.67-0.49-0.86-0.83-0.79-0.61-0.67-0.210.08-0.460.29-0.87-0.780.75-0.33-0.01
0.460.430.740.280.26-0.75-0.570.580.74-0.010.440.540.150.630.70.080.050.32-0.460.350.550.67-0.590.94-0.36
-0.33-0.370.25-0.430.89-0.2-0.60.590.23-0.30.04-0.31-0.5-0.020.19-0.55-0.260.230.290.35-0.310.020.010.32-0.06
0.990.940.580.95-0.31-0.650.21-0.190.60.630.381.00.640.730.620.740.270.16-0.870.55-0.310.73-0.750.42-0.04
0.710.60.750.63-0.06-0.54-0.34-0.010.560.430.480.710.560.990.890.470.320.12-0.780.670.020.73-0.790.48-0.05
-0.78-0.67-0.69-0.720.00.360.220.03-0.32-0.68-0.12-0.75-0.38-0.78-0.9-0.660.01-0.140.75-0.590.01-0.75-0.79-0.410.22
0.320.30.460.140.15-0.79-0.560.550.78-0.190.550.410.130.440.53-0.130.010.35-0.330.940.320.420.48-0.41-0.46
0.04-0.15-0.090.13-0.110.110.38-0.45-0.090.370.13-0.080.16-0.05-0.15-0.020.180.26-0.01-0.36-0.06-0.04-0.050.22-0.46
Click cells to compare fundamentals

Immersion Account Relationship Matchups

Immersion fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets124.8M96.1M175.5M190.1M215.7M226.5M
Other Current Liab5.2M2.1M8.6M11.3M13.3M13.9M
Total Current Liabilities11.8M8.8M16.6M19.3M19.3M12.5M
Total Stockholder Equity83.8M64.0M141.3M157.7M183.1M192.3M
Property Plant And Equipment Net1.2M209K444K293K247K234.7K
Net Debt(85.3M)(58.1M)(50.4M)(48.3M)(56.0M)(53.2M)
Retained Earnings(118.6M)(113.2M)(100.7M)(70.0M)(36.0M)(37.8M)
Accounts Payable809K149K2K86K47K44.7K
Cash86.5M59.5M51.5M48.8M56.1M39.9M
Non Current Assets Total17.9M21.8M22.2M29.8M43.3M45.4M
Non Currrent Assets Other16.2M18.9M12.1M5.2M6.3M4.3M
Cash And Short Term Investments89.5M59.5M137.9M149.7M160.4M168.4M
Net Receivables3.4M13.2M14.4M8.7M10.0M10.5M
Common Stock Total Equity253.3M258.8M323.3M322.7M371.1M188.1M
Common Stock Shares Outstanding31.5M28.5M31.8M33.5M32.5M28.3M
Short Term Investments3.0M0.086.4M100.9M104.3M109.5M
Liabilities And Stockholders Equity124.8M96.1M175.5M190.1M215.7M226.5M
Other Current Assets14.1M1.6M984K1.9M2.1M3.6M
Other Stockholder Equity(48.4M)(51.1M)(81.7M)(95.2M)(104.7M)(99.5M)
Total Liab41.1M32.1M34.2M32.4M32.6M33.5M
Property Plant And Equipment Gross3.4M1.8M444K293K247K234.7K
Total Current Assets107.0M74.4M153.3M160.3M172.5M181.1M
Accumulated Other Comprehensive Income124K122K412K202K1.7M1.8M
Common Stock253.3M258.8M323.3M322.7M322.2M193.8M
Other Liab26.6M21.7M17.6M13.0M15.0M20.1M
Other Assets14.5M21.6M21.8M12.1M13.9M9.5M
Non Current Liabilities Total29.3M23.4M17.6M13.1M13.3M16.5M
Short Term Debt1.2M1.4M1.1M486K39K37.1K
Property Plant Equipment1.2M209K444K293K263.7K250.5K
Current Deferred Revenue4.7M5.2M4.8M4.8M4.2M5.3M
Treasury Stock(48.4M)(51.1M)(81.7M)(95.2M)(85.7M)(81.4M)
Net Tangible Assets83.8M64.0M141.3M157.7M181.4M190.4M
Retained Earnings Total Equity(118.6M)(113.2M)(100.7M)(70.0M)(80.5M)(84.5M)
Non Current Liabilities Other29.3M23.4M17.6M13.1M4.9M4.7M

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

  0.74KN Knowles CorPairCorr

Moving against Immersion Stock

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  0.36DSWL Deswell IndustriesPairCorr
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.
Pair CorrelationCorrelation Matching

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.