Stingray Financials
| STGYF Stock | USD 5.83 0.38 6.97% |
Stingray |
Understanding current and past Stingray Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Stingray's financial statements are interrelated, with each one affecting the others. For example, an increase in Stingray's assets may result in an increase in income on the income statement.
Stingray Stock Summary
Stingray competes with Nordic Semiconductor, Harmony Gold, KLA Tencor, MACOM Technology, and Kulicke. Stingray Group Inc. operates as a music, media, and technology company worldwide. Stingray Group Inc. was founded in 2007 and is headquartered in Montreal, Canada. Stingray operates under Broadcasting classification in the United States and is traded on OTC Exchange. It employs 1000 people.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | 730 Wellington Street, |
| Benchmark | Dow Jones Industrial |
| Website | www.stingray.com |
| Phone | 514 664 1244 |
| Currency | USD - US Dollar |
Stingray Key Financial Ratios
There are many critical financial ratios that Stingray's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Stingray Group reports annually and quarterly.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 rated third in return on equity category among its peers. It also is rated third in return on asset category among its peers reporting about 0.48 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Stingray Group is roughly 2.08 . 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 twenty-four with a total number of output elements of thirty-seven. 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 November 22, 2024 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 Pink Sheet 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 | (0.04) | |||
| Maximum Drawdown | 12.66 | |||
| Potential Upside | 1.21 |
Complementary Tools for Stingray Pink Sheet 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.
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