ViewRay Correlations
| VRAYDelisted Stock | USD 0.04 0 5.67% |
The current 90-days correlation between ViewRay and Acutus Medical is 0.1 (i.e., Average diversification). The correlation of ViewRay 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
ViewRay Correlation With Market
Significant diversification
The correlation between ViewRay and DJI is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ViewRay and DJI in the same portfolio, assuming nothing else is changed.
ViewRay |
Moving together with ViewRay Stock
| 0.84 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.86 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.67 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.89 | BKRKY | Bank Rakyat | PairCorr |
| 0.81 | PBCRY | Bank Central Asia | PairCorr |
| 0.71 | PBCRF | PT Bank Central | PairCorr |
| 0.76 | PTBRY | Bank Negara Indonesia | PairCorr |
| 0.82 | SHG | Shinhan Financial | PairCorr |
| 0.67 | WF | Woori Financial Group | PairCorr |
| 0.77 | MEDS | Trxade Group Symbol Change | PairCorr |
Moving against ViewRay Stock
| 0.87 | RELY | Remitly Global | PairCorr |
| 0.86 | XMTR | Xometry | PairCorr |
| 0.83 | PWOD | Penns Woods Bancorp | PairCorr |
| 0.82 | HUT | Hut 8 Corp | PairCorr |
| 0.77 | T | ATT Inc Earnings Call Today | PairCorr |
| 0.74 | CNOBP | ConnectOne Bancorp | PairCorr |
| 0.74 | ZION | Zions Bancorporation Normal Trading | PairCorr |
| 0.69 | OBYCF | Obayashi | PairCorr |
| 0.68 | FRME | First Merchants Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.67 | ESGLW | ESGL Holdings Limited | PairCorr |
| 0.65 | ZWS | Zurn Elkay Water | PairCorr |
| 0.59 | THCPU | Thunder Bridge Capital | PairCorr |
| 0.56 | VATE | Innovate Corp | PairCorr |
| 0.47 | HPAI | Helport AI Limited | PairCorr |
| 0.38 | OPTX | Syntec Optics Holdings Trending | PairCorr |
| 0.31 | TOEYF | Toro Energy Limited | PairCorr |
| 0.91 | EVGR | Evergreen Corp | PairCorr |
| 0.9 | GLPPRB | Global Partners LP | PairCorr |
| 0.89 | DMRC | Digimarc | PairCorr |
| 0.86 | NBIX | Neurocrine Biosciences | PairCorr |
| 0.84 | YPF | YPF Sociedad Anonima | PairCorr |
| 0.84 | AS | Amer Sports, | PairCorr |
| 0.83 | FNMFO | Federal National Mortgage | PairCorr |
| 0.83 | MAR | Marriott International | PairCorr |
| 0.81 | HAFC | Hanmi Financial Fiscal Year End 28th of January 2025 | PairCorr |
| 0.8 | TGTX | TG Therapeutics | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between ViewRay Stock performing well and ViewRay Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze ViewRay's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ATEC | 3.29 | 0.88 | 0.26 | 1.24 | 2.57 | 7.91 | 47.03 | |||
| AFIB | 3.77 | 0.13 | 0.02 | 0.19 | 5.03 | 7.78 | 29.93 | |||
| AXGN | 2.61 | 0.29 | 0.06 | 5.62 | 3.70 | 5.35 | 21.60 | |||
| DCTH | 2.90 | 0.49 | 0.13 | 1.44 | 3.27 | 6.49 | 20.21 | |||
| NPCE | 3.67 | 0.81 | 0.22 | 1.16 | 3.01 | 9.73 | 35.79 | |||
| CVRX | 3.77 | 0.80 | 0.16 | (1.28) | 3.74 | 9.25 | 41.08 | |||
| OFIX | 1.65 | 0.21 | 0.09 | 1.49 | 1.80 | 3.87 | 12.11 | |||
| AORT | 1.32 | 0.21 | 0.11 | 1.22 | 1.41 | 2.86 | 9.51 | |||
| HSKA | 1.18 | 0.58 | 0.96 | 2.22 | 0.00 | 3.63 | 21.36 | |||
| ANIK | 1.78 | (0.47) | 0.00 | 0.77 | 0.00 | 3.27 | 34.28 |
View ViewRay Related Equities
| Risk & Return | Correlation |
ViewRay Corporate Management
| Robert McCormack | Chief Officer | Profile | |
| Robert Fuchs | Chief Officer | Profile | |
| Zachary Stassen | Chief Officer | Profile | |
| Martin MD | Chief Officer | Profile | |
| JD Ziegler | Chief Officer | Profile | |
| Karen Hackstaff | VP Marketing | Profile |
Still Interested in ViewRay?
Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.