ViewRay Price on January 3, 2023
VRAYDelisted Stock | USD 0.04 0 5.67% |
If you're considering investing in ViewRay Stock, it is important to understand the factors that can impact its price. As of today, the current price of ViewRay stands at 0.04, as last reported on the 27th of December, with the highest price reaching 0.05 and the lowest price hitting 0.04 during the day. We have found twenty-three technical indicators for ViewRay, which you can use to evaluate the volatility of the company. Please validate ViewRay's Risk Adjusted Performance of (0.19), variance of 175.55, and Coefficient Of Variation of (394.01) to confirm if the risk estimate we provide is consistent with the expected return of 0.0%.
ViewRay Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ViewRay |
Sharpe Ratio = 0.0
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Based on monthly moving average ViewRay 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 ViewRay by adding ViewRay to a well-diversified portfolio.
ViewRay Valuation on January 3, 2023
It is possible to determine the worth of ViewRay on a given historical date. On January 3, 2023 ViewRay was worth 4.52 at the beginning of the trading date compared to the closed value of 4.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ViewRay stock. Still, in general, we apply an absolute valuation method to find ViewRay'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 ViewRay where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ViewRay's related companies.
Open | High | Low | Close | Volume | |
4.40 | 4.51 | 4.37 | 4.48 | 374,330 | |
01/03/2023 | 4.52 | 4.61 | 4.33 | 4.40 | 710,420 |
4.46 | 4.46 | 4.25 | 4.27 | 875,874 |
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ViewRay Trading Date Momentum on January 3, 2023
On January 04 2023 ViewRay was traded for 4.27 at the closing time. The top price for the day was 4.46 and the lowest listed price was 4.25 . The trading volume for the day was 875.9 K. The trading history from January 4, 2023 was a factor to the next trading day price decrease. The trading price change against the next closing price was 2.95% . The trading price change against the current closing price is 2.73% . |
ViewRay Fundamentals Correlations and Trends
By evaluating ViewRay'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 ViewRay's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ViewRay financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ViewRay Stock history
ViewRay 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 ViewRay is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ViewRay 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 ViewRay stock prices may prove useful in developing a viable investing in ViewRay
ViewRay, Inc. designs, manufactures, and markets magnetic resonance imaging guided radiation therapy systems to image and treat cancer patients in the United States, France, Taiwan, the United Kingdom, and internationally. The company was founded in 2004 and is headquartered in Oakwood, Ohio. Viewray operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 267 people.
ViewRay Stock Technical Analysis
ViewRay 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
ViewRay Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
ViewRay 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.
ViewRay December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how ViewRay stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ViewRay shares will generate the highest return on investment. By undertsting and applying ViewRay stock market strength indicators, traders can identify ViewRay entry and exit signals to maximize returns
ViewRay Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ViewRay's price direction in advance. Along with the technical and fundamental analysis of ViewRay Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ViewRay 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.
Risk Adjusted Performance | (0.19) | |||
Jensen Alpha | (3.43) | |||
Total Risk Alpha | (4.09) | |||
Treynor Ratio | (2.70) |
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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Other Consideration for investing in ViewRay Stock
If you are still planning to invest in ViewRay check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ViewRay's history and understand the potential risks before investing.
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