Accuray Incorporated Number Of Shares Shorted vs. Revenue
| ARAY Stock | USD 2.07 0.02 0.96% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.43 | 0.3201 |
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For Accuray Incorporated profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Accuray Incorporated to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Accuray Incorporated utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Accuray Incorporated's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Accuray Incorporated over time as well as its relative position and ranking within its peers.
Accuray |
Accuray Incorporated's Revenue Breakdown by Earning Segment
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Is Health Care Equipment & Supplies 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 Accuray Incorporated. If investors know Accuray 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 Accuray Incorporated 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 (0.96) | Earnings Share (0.17) | Revenue Per Share 4.478 | Quarterly Revenue Growth 0.168 | Return On Assets (0) |
The market value of Accuray Incorporated is measured differently than its book value, which is the value of Accuray that is recorded on the company's balance sheet. Investors also form their own opinion of Accuray Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Accuray Incorporated'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 Accuray Incorporated's market value can be influenced by many factors that don't directly affect Accuray Incorporated'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 Accuray Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Accuray Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Accuray Incorporated'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.
Accuray Incorporated Revenue vs. Number Of Shares Shorted Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Accuray Incorporated's current stock value. Our valuation model uses many indicators to compare Accuray Incorporated value to that of its competitors to determine the firm's financial worth. Accuray Incorporated is rated third in number of shares shorted category among its peers. It is rated fifth in revenue category among its peers totaling about 124.09 of Revenue per Number Of Shares Shorted. At this time, Accuray Incorporated's Total Revenue is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Accuray Incorporated's earnings, one of the primary drivers of an investment's value.Accuray Incorporated's Earnings Breakdown by Geography
Accuray Revenue vs. Number Of Shares Shorted
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Accuray Incorporated |
| = | 3.6 M |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Accuray Incorporated |
| = | 446.55 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Accuray Revenue vs Competition
Accuray Incorporated is rated fifth in revenue category among its peers. Market size based on revenue of Health Care industry is presently estimated at about 5.47 Billion. Accuray Incorporated holds roughly 446.55 Million in revenue claiming about 8% of equities under Health Care industry.
Accuray Incorporated Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Accuray Incorporated, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Accuray Incorporated will eventually generate negative long term returns. The profitability progress is the general direction of Accuray Incorporated's change in net profit over the period of time. It can combine multiple indicators of Accuray Incorporated, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -4.2 M | -4 M | |
| Operating Income | 504 K | 529.2 K | |
| Income Before Tax | -11.8 M | -12.4 M | |
| Total Other Income Expense Net | -12.3 M | -12.9 M | |
| Income Tax Expense | 3.7 M | 2 M | |
| Net Loss | -15.5 M | -16.3 M | |
| Net Loss | -10.7 M | -11.2 M | |
| Net Loss | -15.5 M | -16.3 M | |
| Non Operating Income Net Other | -9.1 M | -9.6 M | |
| Interest Income | 14.2 M | 13.9 M | |
| Net Interest Income | -11.6 M | -12.2 M | |
| Change To Netincome | 7.6 M | 7.3 M | |
| Net Loss | (0.16) | (0.17) | |
| Income Quality | 0.77 | 0.80 | |
| Net Income Per E B T | 1.32 | 0.92 |
Accuray Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Accuray Incorporated. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Accuray Incorporated position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Accuray Incorporated's important profitability drivers and their relationship over time.
Use Accuray Incorporated in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Accuray Incorporated position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Accuray Incorporated will appreciate offsetting losses from the drop in the long position's value.Accuray Incorporated Pair Trading
Accuray Incorporated Pair Trading Analysis
The ability to find closely correlated positions to Accuray Incorporated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Accuray Incorporated when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Accuray Incorporated - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Accuray Incorporated to buy it.
The correlation of Accuray Incorporated is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Accuray Incorporated moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Accuray Incorporated moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Accuray Incorporated can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Accuray Incorporated position
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Additional Tools for Accuray Stock Analysis
When running Accuray Incorporated's price analysis, check to measure Accuray Incorporated'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 Accuray Incorporated is operating at the current time. Most of Accuray Incorporated's value examination focuses on studying past and present price action to predict the probability of Accuray Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Accuray Incorporated's price. Additionally, you may evaluate how the addition of Accuray Incorporated to your portfolios can decrease your overall portfolio volatility.