ViewRay Performance
| VRAYDelisted Stock | USD 0.04 0 5.67% |
The entity has a beta of 1.25, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ViewRay will likely underperform. ViewRay right now has a risk of 0.0%. Please validate ViewRay standard deviation, potential upside, as well as the relationship between the Potential Upside and day median price , to decide if ViewRay will be following its existing price patterns.
Risk-Adjusted Performance
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Over the last 90 days ViewRay has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong basic indicators, ViewRay is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 219.8 M |
ViewRay |
ViewRay Relative Risk vs. Return Landscape
If you would invest 4.16 in ViewRay on September 28, 2024 and sell it today you would earn a total of 0.00 from holding ViewRay or generate 0.0% return on investment over 90 days. ViewRay is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than ViewRay, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
ViewRay Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ViewRay's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ViewRay, and traders can use it to determine the average amount a ViewRay'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 = 0.0
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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 Fundamentals Growth
ViewRay Stock prices reflect investors' perceptions of the future prospects and financial health of ViewRay, and ViewRay 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 ViewRay Stock performance.
| Return On Equity | -1.09 | |||
| Return On Asset | -0.25 | |||
| Profit Margin | (1.04) % | |||
| Operating Margin | (1.02) % | |||
| Current Valuation | 11.47 M | |||
| Shares Outstanding | 183.4 M | |||
| Price To Earning | (5.47) X | |||
| Price To Book | 7.99 X | |||
| Price To Sales | 9.42 X | |||
| Revenue | 102.21 M | |||
| EBITDA | (100.46 M) | |||
| Cash And Equivalents | 157.59 M | |||
| Cash Per Share | 0.87 X | |||
| Total Debt | 86.4 M | |||
| Debt To Equity | 0.54 % | |||
| Book Value Per Share | 0.30 X | |||
| Cash Flow From Operations | (91.71 M) | |||
| Earnings Per Share | (0.26) X | |||
| Total Asset | 271.4 M | |||
| Retained Earnings | (844.46 M) | |||
| Current Asset | 43.62 M | |||
| Current Liabilities | 28.15 M | |||
About ViewRay Performance
Evaluating ViewRay's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if ViewRay 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 ViewRay has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
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.Things to note about ViewRay performance evaluation
Checking the ongoing alerts about ViewRay for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ViewRay help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ViewRay is not yet fully synchronised with the market data | |
| ViewRay has some characteristics of a very speculative penny stock | |
| ViewRay has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 102.21 M. Net Loss for the year was (107.33 M) with profit before overhead, payroll, taxes, and interest of 10.04 M. | |
| ViewRay currently holds about 157.59 M in cash with (91.71 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.87, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 75.0% of the company outstanding shares are owned by institutional investors |
- Analyzing ViewRay'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 ViewRay's stock is overvalued or undervalued compared to its peers.
- Examining ViewRay'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 ViewRay's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ViewRay's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ViewRay's stock. These opinions can provide insight into ViewRay's potential for growth and whether the stock is currently undervalued or overvalued.
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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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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