iRay Technology Company Limiteds market cap dropped CN596m last week individual investors who hold 40 percent were hit as were institutions - Simply Wall St

688301 Stock   100.29  0.62  0.62%   
About 50% of IRay Technology's investors are presently thinking to get in. The analysis of overall sentiment of trading iRay Technology Co stock suggests that some investors are interested at this time. The current market sentiment, together with IRay Technology's historical and current headlines, can help investors time the market. In addition, many technical investors use iRay Technology stock news signals to limit their universe of possible portfolio assets.
  
iRay Technology Company Limiteds market cap dropped CN596m last week individual investors who hold 40 percent were hit as were institutions Simply Wall St

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IRay Technology Fundamental Analysis

We analyze IRay Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IRay Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of IRay Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Earnings Per Share

Earnings Per Share Comparative Analysis

IRay Technology is currently under evaluation in earnings per share category among its peers. Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.

iRay Technology Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with IRay Technology stock to make a market-neutral strategy. Peer analysis of IRay Technology could also be used in its relative valuation, which is a method of valuing IRay Technology by comparing valuation metrics with similar companies.

Peers

IRay Technology Related Equities

601398Industrial   0.62   
0%
23.0%
601988Bank of China   0.57   
0%
21.0%
600036China Merchants   0.29   
11.0%
0%
600519Kweichow Moutai   0.34   
12.0%
0%
601628China Life   0.81   
30.0%
0%
601939China Construction   0.82   
31.0%
0%
601857PetroChina   0.95   
36.0%
0%
601288Agricultural Bank   1.18   
45.0%
0%
600941China Mobile   2.15   
82.0%
0%
300750Contemporary Amperex   2.62   
100.0%
0%

Complementary Tools for IRay Stock analysis

When running IRay Technology's price analysis, check to measure IRay Technology'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 IRay Technology is operating at the current time. Most of IRay Technology's value examination focuses on studying past and present price action to predict the probability of IRay Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IRay Technology's price. Additionally, you may evaluate how the addition of IRay Technology to your portfolios can decrease your overall portfolio volatility.
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