Stingray Group Stock Price on September 30, 2024
| RAY-A Stock | CAD 7.85 0.01 0.13% |
Below is the normalized historical share price chart for Stingray Group extending back to June 03, 2015. 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 Stingray stands at 7.85, as last reported on the 11th of December 2024, with the highest price reaching 7.85 and the lowest price hitting 7.80 during the day.
If you're considering investing in Stingray Stock, it is important to understand the factors that can impact its price. Currently, Stingray Group is somewhat reliable. Stingray Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0666, which indicates the firm had a 0.0666% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Stingray Group, which you can use to evaluate the volatility of the company. Please validate Stingray's Coefficient Of Variation of 2212.45, semi deviation of 1.4, and Risk Adjusted Performance of 0.0386 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%.
At this time, Stingray's Other Stockholder Equity is comparatively stable compared to the past year. Stock Based Compensation is likely to gain to about 7.6 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 63.5 M in 2024. . At this time, Stingray's Price Book Value Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 0.28 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop 4.34 in 2024. Stingray Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 7.6054 | 50 Day MA 7.6524 | Beta 1.073 |
Stingray |
Sharpe Ratio = 0.0666
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Estimated Market Risk
| 1.78 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Stingray is performing at about 5% of its full potential. 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 Stingray by adding it to a well-diversified portfolio.
Price Book 2.0999 | Enterprise Value Ebitda 21.1661 | Price Sales 1.4576 | Shares Float 32.6 M | Dividend Share 0.3 |
Stingray Valuation on September 30, 2024
It is possible to determine the worth of Stingray on a given historical date. On September 30, 2024 Stingray was worth 7.26 at the beginning of the trading date compared to the closed value of 7.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Stingray stock. Still, in general, we apply an absolute valuation method to find Stingray'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 Stingray where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Stingray's related companies.
| Open | High | Low | Close | Volume | |
| 7.21 | 7.34 | 7.21 | 7.23 | 14,123 | |
09/30/2024 | 7.26 | 7.35 | 7.26 | 7.30 | 8,222 |
| 7.28 | 7.45 | 7.28 | 7.43 | 43,473 |
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Stingray Trading Date Momentum on September 30, 2024
| On October 01 2024 Stingray Group was traded for 7.43 at the closing time. The highest price during the trading period was 7.45 and the lowest recorded bid was listed for 7.28 . The volume for the day was 43.5 K. This history from October 1, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 1.78% . The trading price change to the current price is 3.15% . |
Stingray Group Fundamentals Correlations and Trends
By evaluating Stingray'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 Stingray's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Stingray financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Stingray Stock history
Stingray 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 Stingray is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Stingray Group 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 Stingray stock prices may prove useful in developing a viable investing in Stingray
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 69.1 M | 63.5 M | |
| Net Income Applicable To Common Shares | 34.6 M | 18.9 M |
Stingray Stock Technical Analysis
Stingray 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
Stingray Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Stingray Group cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Stingray December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Stingray stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Stingray shares will generate the highest return on investment. By undertsting and applying Stingray stock market strength indicators, traders can identify Stingray Group entry and exit signals to maximize returns
Stingray Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Stingray's price direction in advance. Along with the technical and fundamental analysis of Stingray Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Stingray 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 | 0.0386 | |||
| Jensen Alpha | 0.111 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.20) |
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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.