Raytech Holding Limited Stock Market Value
| RAY Stock | 1.36 0.13 8.72% |
| Symbol | Raytech |
Raytech Holding Price To Book Ratio
Is Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Raytech Holding. If investors know Raytech will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Raytech Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.19) | Earnings Share 0.07 | Revenue Per Share 4.186 | Quarterly Revenue Growth 0.255 | Return On Assets 0.1557 |
The market value of Raytech Holding is measured differently than its book value, which is the value of Raytech that is recorded on the company's balance sheet. Investors also form their own opinion of Raytech Holding's value that differs from its market value or its book value, called intrinsic value, which is Raytech Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Raytech Holding's market value can be influenced by many factors that don't directly affect Raytech Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Raytech Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Raytech Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Raytech Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Raytech Holding 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Raytech Holding's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Raytech Holding.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Raytech Holding on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Raytech Holding Limited or generate 0.0% return on investment in Raytech Holding over 510 days. Raytech Holding is related to or competes with Transocean, Broadstone Net, Tencent Music, Nabors Industries, Universal Music, U Haul, and Noble Plc. Raytech Holding is entity of United States More
Raytech Holding Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Raytech Holding's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Raytech Holding Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 52.62 | |||
| Value At Risk | (9.04) | |||
| Potential Upside | 8.64 |
Raytech Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Raytech Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Raytech Holding's standard deviation. In reality, there are many statistical measures that can use Raytech Holding historical prices to predict the future Raytech Holding's volatility.| Risk Adjusted Performance | 9.0E-4 | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (1.25) | |||
| Treynor Ratio | (0.04) |
Raytech Holding Backtested Returns
At this stage we consider Raytech Stock to be abnormally volatile. Raytech Holding maintains Sharpe Ratio (i.e., Efficiency) of 0.0139, which implies the firm had a 0.0139% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Raytech Holding, which you can use to evaluate the volatility of the company. Please check Raytech Holding's Coefficient Of Variation of (9,452), risk adjusted performance of 9.0E-4, and Variance of 56.29 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%. Raytech Holding has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of 2.04, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Raytech Holding will likely underperform. Raytech Holding right now holds a risk of 7.53%. Please check Raytech Holding treynor ratio, as well as the relationship between the accumulation distribution and price action indicator , to decide if Raytech Holding will be following its historical price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Raytech Holding Limited has no correlation between past and present. Overlapping area represents the amount of predictability between Raytech Holding time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Raytech Holding price movement. The serial correlation of 0.0 indicates that just 0.0% of current Raytech Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Raytech Holding lagged returns against current returns
Autocorrelation, which is Raytech Holding stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Raytech Holding's stock expected returns. We can calculate the autocorrelation of Raytech Holding returns to help us make a trade decision. For example, suppose you find that Raytech Holding has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Raytech Holding regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Raytech Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Raytech Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Raytech Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Raytech Holding Lagged Returns
When evaluating Raytech Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Raytech Holding stock have on its future price. Raytech Holding autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Raytech Holding autocorrelation shows the relationship between Raytech Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Raytech Holding Limited.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.