Ray (Korea) Performance
| 228670 Stock | KRW 5,870 230.00 3.77% |
The company holds a Beta of -0.5, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Ray are expected to decrease at a much lower rate. During the bear market, Ray is likely to outperform the market. At this point, Ray Co has a negative expected return of -0.69%. Please make sure to check Ray's potential upside, kurtosis, and the relationship between the value at risk and skewness , to decide if Ray Co performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Ray Co has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's basic indicators remain somewhat strong which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
| Total Cashflows From Investing Activities | -66.1 B |
Ray |
Ray Relative Risk vs. Return Landscape
If you would invest 915,000 in Ray Co on September 1, 2024 and sell it today you would lose (328,000) from holding Ray Co or give up 35.85% of portfolio value over 90 days. Ray Co is generating negative expected returns and assumes 3.0472% volatility on return distribution over the 90 days horizon. Simply put, 27% of stocks are less volatile than Ray, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Ray Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ray's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ray Co, and traders can use it to determine the average amount a Ray's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.2268
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| Negative Returns | 228670 |
Estimated Market Risk
| 3.05 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.69 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.23 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ray 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 Ray by adding Ray to a well-diversified portfolio.
Ray Fundamentals Growth
Ray Stock prices reflect investors' perceptions of the future prospects and financial health of Ray, and Ray fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Ray Stock performance.
| Return On Equity | -5.14 | |||
| Return On Asset | 0.0345 | |||
| Profit Margin | 0.14 % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | 385.56 B | |||
| Revenue | 90.34 B | |||
| EBITDA | 8.96 B | |||
| Cash And Equivalents | 31.52 B | |||
| Total Debt | 48.42 B | |||
| Debt To Equity | 0.17 % | |||
| Cash Flow From Operations | 11.17 B | |||
| Earnings Per Share | 480.61 X | |||
| Total Asset | 177.31 B | |||
About Ray Performance
By analyzing Ray's fundamental ratios, stakeholders can gain valuable insights into Ray's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Ray has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Ray has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
RAY Co., Ltd. provides x-ray imaging solutions in the dental and medical industry. The company was founded in 2004 and is headquartered in Seongnam, South Korea. Ray is traded on Korean Securities Dealers Automated Quotations in South Korea.Things to note about Ray Co performance evaluation
Checking the ongoing alerts about Ray for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ray Co help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ray Co generated a negative expected return over the last 90 days | |
| Ray Co has high historical volatility and very poor performance | |
| About 37.0% of the company shares are owned by insiders or employees |
- Analyzing Ray's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Ray's stock is overvalued or undervalued compared to its peers.
- Examining Ray's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Ray's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ray's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ray's stock. These opinions can provide insight into Ray's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Ray Stock analysis
When running Ray's price analysis, check to measure Ray'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 Ray is operating at the current time. Most of Ray's value examination focuses on studying past and present price action to predict the probability of Ray's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ray's price. Additionally, you may evaluate how the addition of Ray to your portfolios can decrease your overall portfolio volatility.
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