Accuray Incorporated Stock Price on May 8, 2024

ARAY Stock  USD 1.92  0.11  5.42%   
Below is the normalized historical share price chart for Accuray Incorporated extending back to February 08, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Accuray Incorporated stands at 1.92, as last reported on the 14th of December 2024, with the highest price reaching 1.94 and the lowest price hitting 1.87 during the day.
IPO Date
8th of February 2007
200 Day MA
1.9747
50 Day MA
1.8998
Beta
1.404
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Accuray Stock, it is important to understand the factors that can impact its price. Accuray Incorporated secures Sharpe Ratio (or Efficiency) of -0.0246, which signifies that the company had a -0.0246% return per unit of standard deviation over the last 3 months. Accuray Incorporated exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Accuray Incorporated's mean deviation of 3.42, and Risk Adjusted Performance of 0.0176 to double-check the risk estimate we provide.
  
At this time, Accuray Incorporated's Total Stockholder Equity is fairly stable compared to the past year. Capital Stock is likely to rise to about 103 K in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 68.6 M in 2024. . Price To Sales Ratio is likely to drop to 0.37 in 2024. Price Earnings Ratio is likely to rise to -10.57 in 2024. Accuray Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0246

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Estimated Market Risk

 4.3
  actual daily
38
62% of assets are more volatile

Expected Return

 -0.11
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Accuray Incorporated 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 Accuray Incorporated by adding Accuray Incorporated to a well-diversified portfolio.
Price Book
4.2696
Enterprise Value Ebitda
93.5484
Price Sales
0.4596
Shares Float
97.4 M
Wall Street Target Price
6.125

Accuray Incorporated Valuation on May 8, 2024

It is possible to determine the worth of Accuray Incorporated on a given historical date. On May 8, 2024 Accuray was worth 1.75 at the beginning of the trading date compared to the closed value of 1.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Accuray Incorporated stock. Still, in general, we apply an absolute valuation method to find Accuray Incorporated'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 Accuray Incorporated where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Accuray Incorporated's related companies.
 Open High Low Close Volume
  1.78    1.80    1.71    1.75    863,429  
05/08/2024
  1.75    1.76    1.65    1.67    715,943  
  1.65    1.77    1.63    1.69    1,151,493  
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Open Value
1.75
1.67
Closing Value
14.66
Upside

Accuray Incorporated Trading Date Momentum on May 8, 2024

On May 09 2024 Accuray Incorporated was traded for  1.69  at the closing time. The top price for the day was 1.77  and the lowest listed price was  1.63 . The trading volume for the day was 1.2 M. The trading history from May 9, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 1.20% . The overall trading delta against the current closing price is 1.20% .

Accuray Incorporated Fundamentals Correlations and Trends

By evaluating Accuray Incorporated'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 Accuray Incorporated's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Accuray financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Accuray Incorporated Stock history

Accuray Incorporated 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 Accuray is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Accuray Incorporated 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 Accuray Incorporated stock prices may prove useful in developing a viable investing in Accuray Incorporated
Last ReportedProjected for Next Year
Common Stock Shares Outstanding98.3 M68.6 M
Net Loss-10.7 M-11.2 M

Accuray Incorporated Quarterly Net Working Capital

127.74 Million

Accuray Incorporated Stock Technical Analysis

Accuray Incorporated 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.
A focus of Accuray Incorporated technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Accuray Incorporated trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Accuray Incorporated Period Price Range

Low
December 14, 2024
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High

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Accuray Incorporated 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.

Accuray Incorporated December 14, 2024 Market Strength

Market strength indicators help investors to evaluate how Accuray Incorporated stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Accuray Incorporated shares will generate the highest return on investment. By undertsting and applying Accuray Incorporated stock market strength indicators, traders can identify Accuray Incorporated entry and exit signals to maximize returns

Accuray Incorporated Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Accuray Incorporated's price direction in advance. Along with the technical and fundamental analysis of Accuray Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Accuray 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.

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.