Stingray Financials
| RAY-A Stock | CAD 8.36 0.02 0.24% |
Stingray |
Please note, the imprecision that can be found in Stingray's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Stingray Group. Check Stingray's Beneish M Score to see the likelihood of Stingray's management manipulating its earnings.
Stingray Stock Summary
Stingray competes with TECSYS, Fiera Capital, Quarterhill, Savaria, and Andlauer Healthcare. Stingray Group Inc. provides business-to-business multi-platform music, and in-store music and video solutions to businesses and individuals worldwide. Stingray Group Inc. was incorporated in 2006 and is headquartered in Montreal, Canada. Stingray Digital operates under Media - Diversified classification in Canada and is traded on Toronto Stock Exchange. It employs 1243 people.Specialization | Communication Services, Media & Entertainment |
| Instrument | Canada Stock View All |
| Exchange | Toronto Exchange |
| Business Address | 730 Wellington Street, |
| Sector | Media |
| Industry | Communication Services |
| Benchmark | Dow Jones Industrial |
| Website | www.stingray.com |
| Phone | 514 664 1244 |
| Currency | CAD - Canadian Dollar |
You should never invest in Stingray without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Stingray Stock, because this is throwing your money away. Analyzing the key information contained in Stingray's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Stingray Key Financial Ratios
Stingray's financial ratios allow both analysts and investors to convert raw data from Stingray's financial statements into concise, actionable information that can be used to evaluate the performance of Stingray over time and compare it to other companies across industries.| Return On Equity | -0.087 | ||||
| Return On Asset | 0.0693 | ||||
| Target Price | 10.96 | ||||
| Beta | 1.07 | ||||
| Last Dividend Paid | 0.3 |
Stingray Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Stingray's current stock value. Our valuation model uses many indicators to compare Stingray value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Stingray competition to find correlations between indicators driving Stingray's intrinsic value. More Info.Stingray Group is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Stingray's earnings, one of the primary drivers of an investment's value.Stingray Group Systematic Risk
Stingray's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Stingray 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 thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Stingray Group correlated with the market. If Beta is less than 0 Stingray generally moves in the opposite direction as compared to the market. If Stingray Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Stingray Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Stingray is generally in the same direction as the market. If Beta > 1 Stingray moves generally in the same direction as, but more than the movement of the benchmark.
Stingray February 4, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Stingray help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Stingray Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Stingray Group based on widely used predictive technical indicators. In general, we focus on analyzing Stingray Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Stingray's daily price indicators and compare them against related drivers.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 7.31 | |||
| Value At Risk | (1.97) | |||
| Potential Upside | 2.6 |
Additional Tools for Stingray Stock Analysis
When running Stingray's price analysis, check to measure Stingray'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 Stingray is operating at the current time. Most of Stingray's value examination focuses on studying past and present price action to predict the probability of Stingray's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stingray's price. Additionally, you may evaluate how the addition of Stingray to your portfolios can decrease your overall portfolio volatility.