Raytech Holding Limited Stock Price on December 3, 2024
| RAY Stock | 1.40 0.03 2.19% |
Below is the normalized historical share price chart for Raytech Holding Limited extending back to December 31, 1997. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Raytech Holding stands at 1.40, as last reported on the 4th of December, with the highest price reaching 1.48 and the lowest price hitting 1.40 during the day.
If you're considering investing in Raytech Stock, it is important to understand the factors that can impact its price. Raytech Holding maintains Sharpe Ratio (i.e., Efficiency) of -0.0445, which implies the firm had a -0.0445% return per unit of risk over the last 3 months. Raytech Holding exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Raytech Holding's Coefficient Of Variation of (1,690), risk adjusted performance of (0.04), and Variance of 31.06 to confirm the risk estimate we provide.
At this time, Raytech Holding's Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 61 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 13.7 M in 2024. . Price Earnings To Growth Ratio is likely to rise to 0.04 in 2024, whereas Price To Sales Ratio is likely to drop 7.51 in 2024. Raytech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 15th of May 2024 | 200 Day MA 2.4988 | 50 Day MA 1.6147 |
Raytech |
Sharpe Ratio = -0.0445
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| Negative Returns | RAY |
Estimated Market Risk
| 5.37 actual daily | 47 53% of assets are more volatile |
Expected Return
| -0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Raytech Holding is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Raytech Holding by adding Raytech Holding to a well-diversified portfolio.
Price Book 6.0428 | Enterprise Value Ebitda 11.8242 | Price Sales 0.3682 | Shares Float 2.9 M | Earnings Share 0.07 |
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Raytech Holding Valuation on December 3, 2024
It is possible to determine the worth of Raytech Holding on a given historical date. On December 3, 2024 Raytech was worth 1.42 at the beginning of the trading date compared to the closed value of 1.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Raytech Holding stock. Still, in general, we apply an absolute valuation method to find Raytech Holding's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Raytech Holding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Raytech Holding's related companies.
| Open | High | Low | Close | Volume | |
| 1.45 | 1.49 | 1.35 | 1.37 | 15,881 | |
12/03/2024 | 1.42 | 1.48 | 1.40 | 1.40 | 14,918 |
| 1.42 | 1.48 | 1.40 | 1.40 | 0.00 |
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Raytech Holding Trading Date Momentum on December 3, 2024
| On December 04 2024 Raytech Holding Limited was traded for 1.40 at the closing time. Highest Raytech Holding's price during the trading hours was 1.48 and the lowest price during the day was 1.40 . There was no trading activity during the period 0.0. Lack of trading volume on the 4th of December did not cause price change. The trading delta at closing time to current price is 1.43% . |
Raytech Holding Fundamentals Correlations and Trends
By evaluating Raytech Holding's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Raytech Holding's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Raytech financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Raytech Holding Stock history
Raytech Holding investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Raytech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Raytech Holding will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Raytech Holding stock prices may prove useful in developing a viable investing in Raytech Holding
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 16 M | 13.7 M |
Raytech Holding Quarterly Net Working Capital |
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Raytech Holding Stock Technical Analysis
Raytech Holding technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Raytech Holding Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Raytech Holding Limited cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Raytech Holding December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Raytech Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Raytech Holding shares will generate the highest return on investment. By undertsting and applying Raytech Holding stock market strength indicators, traders can identify Raytech Holding Limited entry and exit signals to maximize returns
Raytech Holding Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Raytech Holding's price direction in advance. Along with the technical and fundamental analysis of Raytech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Raytech to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.52) | |||
| Total Risk Alpha | (1.09) | |||
| Treynor Ratio | (0.20) |
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Additional Tools for Raytech Stock Analysis
When running Raytech Holding's price analysis, check to measure Raytech Holding'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 Raytech Holding is operating at the current time. Most of Raytech Holding's value examination focuses on studying past and present price action to predict the probability of Raytech Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Raytech Holding's price. Additionally, you may evaluate how the addition of Raytech Holding to your portfolios can decrease your overall portfolio volatility.