Ray Financials
| 228670 Stock | KRW 5,870 230.00 3.77% |
Ray |
Understanding current and past Ray Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ray's financial statements are interrelated, with each one affecting the others. For example, an increase in Ray's assets may result in an increase in income on the income statement.
Please note, the presentation of Ray's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ray's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Ray's management manipulating its earnings.
Ray Stock Summary
Ray competes with Korean Air, Koryo Credit, Dongbu Insurance, Total Soft, and KakaoBank Corp. RAY Co., Ltd. provides x-ray imaging solutions in the dental and medical industry. The company was founded in 2004 and is headquartered in Seongnam, South Korea. Ray is traded on Korean Securities Dealers Automated Quotations in South Korea.| Instrument | Korea Stock View All |
| Exchange | KOSDAQ |
| Business Address | 221, Pangyoyeok-ro, Seongnam, |
| Sector | Healthcare |
| Industry | Health Care Equipment & Supplies |
| Benchmark | Dow Jones Industrial |
| Website | www.raymedical.co.kr |
| Phone | 82 3 1605 1000 |
| Currency | KRW - South Korean Won |
You should never invest in Ray without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Ray Stock, because this is throwing your money away. Analyzing the key information contained in Ray's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Ray Key Financial Ratios
Ray's financial ratios allow both analysts and investors to convert raw data from Ray's financial statements into concise, actionable information that can be used to evaluate the performance of Ray over time and compare it to other companies across industries.| Return On Equity | -5.14 | |||
| Return On Asset | 0.0345 | |||
| Target Price | 33200.0 | |||
| Number Of Employees | 159 | |||
| Z Score | 4.2 |
Ray Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ray's current stock value. Our valuation model uses many indicators to compare Ray value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ray competition to find correlations between indicators driving Ray's intrinsic value. More Info.Ray Co is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Ray by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ray's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Ray Co Systematic Risk
Ray's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ray volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Ray Co correlated with the market. If Beta is less than 0 Ray generally moves in the opposite direction as compared to the market. If Ray Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ray Co is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ray is generally in the same direction as the market. If Beta > 1 Ray moves generally in the same direction as, but more than the movement of the benchmark.
Ray November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Ray help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ray Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ray Co based on widely used predictive technical indicators. In general, we focus on analyzing Ray Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ray's daily price indicators and compare them against related drivers.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 17.68 | |||
| Value At Risk | (5.12) | |||
| Potential Upside | 3.85 |
Complementary Tools for Ray Stock analysis
When running Ray's price analysis, check to measure Ray'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 Ray is operating at the current time. Most of Ray's value examination focuses on studying past and present price action to predict the probability of Ray's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ray's price. Additionally, you may evaluate how the addition of Ray to your portfolios can decrease your overall portfolio volatility.
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