Accuray Incorporated Stock Statistic Functions Beta

ARAY Stock  USD 1.93  0.04  2.12%   
Accuray Incorporated statistic functions tool provides the execution environment for running the Beta function and other technical functions against Accuray Incorporated. Accuray Incorporated value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Accuray Incorporated statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Accuray Incorporated correlated with the market. If Beta is less than 0 Accuray Incorporated generally moves in the opposite direction as compared to the market. If Accuray Incorporated Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Accuray Incorporated is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Accuray Incorporated is generally in the same direction as the market. If Beta > 1 Accuray Incorporated moves generally in the same direction as, but more than the movement of the benchmark.

Accuray Incorporated Technical Analysis Modules

Most technical analysis of Accuray Incorporated help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Accuray from various momentum indicators to cycle indicators. When you analyze Accuray charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Accuray Incorporated Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Accuray Incorporated. We use our internally-developed statistical techniques to arrive at the intrinsic value of Accuray Incorporated based on widely used predictive technical indicators. In general, we focus on analyzing Accuray Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Accuray Incorporated's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Accuray Incorporated's intrinsic value. In addition to deriving basic predictive indicators for Accuray Incorporated, we also check how macroeconomic factors affect Accuray Incorporated price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding80.1860.9875.256.0
PTB Ratio3.396.843.841.94
Hype
Prediction
LowEstimatedHigh
0.091.896.05
Details
Intrinsic
Valuation
LowRealHigh
0.081.615.77
Details
Naive
Forecast
LowNextHigh
0.041.825.97
Details
4 Analysts
Consensus
LowTargetHigh
7.558.309.21
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Accuray Incorporated. Your research has to be compared to or analyzed against Accuray Incorporated's peers to derive any actionable benefits. When done correctly, Accuray Incorporated's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Accuray Incorporated.

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Additional Tools for Accuray Stock Analysis

When running Accuray Incorporated's price analysis, check to measure Accuray Incorporated'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 Accuray Incorporated is operating at the current time. Most of Accuray Incorporated's value examination focuses on studying past and present price action to predict the probability of Accuray Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Accuray Incorporated's price. Additionally, you may evaluate how the addition of Accuray Incorporated to your portfolios can decrease your overall portfolio volatility.