Erayak Power Solution Stock Price on January 19, 2025
RAYA Stock | 1.32 0.04 3.13% |
If you're considering investing in Erayak Stock, it is important to understand the factors that can impact its price. As of today, the current price of Erayak Power stands at 1.32, as last reported on the 31st of January, with the highest price reaching 1.32 and the lowest price hitting 1.32 during the day. Erayak Power Solution secures Sharpe Ratio (or Efficiency) of -0.0596, which denotes the company had a -0.0596 % return per unit of standard deviation over the last 3 months. Erayak Power Solution exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Erayak Power's Mean Deviation of 3.59, coefficient of variation of (1,678), and Standard Deviation of 5.01 to check the risk estimate we provide.
Erayak Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Erayak |
Sharpe Ratio = -0.0596
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Estimated Market Risk
5.01 actual daily | 44 56% of assets are more volatile |
Expected Return
-0.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Erayak Power 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 Erayak Power by adding Erayak Power to a well-diversified portfolio.
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Erayak Power Valuation on January 19, 2025
It is possible to determine the worth of Erayak Power on a given historical date. On January 19, 2025 Erayak was worth 1.21 at the beginning of the trading date compared to the closed value of 1.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Erayak Power stock. Still, in general, we apply an absolute valuation method to find Erayak Power'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 Erayak Power where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Erayak Power's related companies.
Open | High | Low | Close | Volume | |
1.13 | 1.29 | 1.13 | 1.24 | 27,803 | |
01/17/2025 | 1.21 | 1.31 | 1.20 | 1.25 | 12,050 |
1.22 | 1.32 | 1.15 | 1.30 | 8,106 |
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Erayak Power Trading Date Momentum on January 19, 2025
On January 21 2025 Erayak Power Solution was traded for 1.30 at the closing time. The top price for the day was 1.32 and the lowest listed price was 1.15 . The trading volume for the day was 8.1 K. The trading history from January 21, 2025 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 4.00% . The overall trading delta against the current closing price is 7.20% . |
Erayak Power Solution Fundamentals Correlations and Trends
By evaluating Erayak Power'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 Erayak Power's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Erayak financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Erayak Power Stock history
Erayak Power 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 Erayak is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Erayak Power Solution 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 Erayak Power stock prices may prove useful in developing a viable investing in Erayak Power
Erayak Power Stock Technical Analysis
Erayak Power 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
Erayak Power Period Price Range
Low | January 31, 2025
| High |
0.00 | 0.00 |
Erayak Power Solution 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.
Erayak Power January 31, 2025 Market Strength
Market strength indicators help investors to evaluate how Erayak Power stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Erayak Power shares will generate the highest return on investment. By undertsting and applying Erayak Power stock market strength indicators, traders can identify Erayak Power Solution entry and exit signals to maximize returns
Erayak Power Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Erayak Power's price direction in advance. Along with the technical and fundamental analysis of Erayak Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Erayak 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 | (0.20) | |||
Total Risk Alpha | (0.85) | |||
Treynor Ratio | 0.2542 |
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Complementary Tools for Erayak Stock analysis
When running Erayak Power's price analysis, check to measure Erayak Power'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 Erayak Power is operating at the current time. Most of Erayak Power's value examination focuses on studying past and present price action to predict the probability of Erayak Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Erayak Power's price. Additionally, you may evaluate how the addition of Erayak Power to your portfolios can decrease your overall portfolio volatility.
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