ViewRay, Inc. Position Reduced by Artisan Partners Limited Partnership
| VRAYDelisted Stock | USD 0.04 0 5.67% |
Slightly above 62% of ViewRay's investor base is looking to short. The analysis of current outlook of investing in ViewRay suggests that many traders are alarmed regarding ViewRay's prospects. ViewRay's investing sentiment can be driven by a variety of factors including economic data, ViewRay's earnings reports, geopolitical events, and overall market trends.
ViewRay |
Artisan Partners Limited Partnership trimmed its position in ViewRay, Inc. by 7.2 percent in the first quarter, HoldingsChannel.com reports. The firm owned 15,484,750 shares of the companys stock after selling 1,193,866 shares during the quarter. Artisan Partners Limited Partnership owned about 0.08 percent of ViewRay worth 53,577,000 at the end of the most
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ViewRay Fundamental Analysis
We analyze ViewRay's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ViewRay using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ViewRay 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.
Z Score
Z Score Comparative Analysis
Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
ViewRay 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 ViewRay stock to make a market-neutral strategy. Peer analysis of ViewRay could also be used in its relative valuation, which is a method of valuing ViewRay by comparing valuation metrics with similar companies.
Peers
ViewRay Related Equities
| CVRX | CVRx | 5.58 | ||||
| DCTH | Delcath Systems | 5.56 | ||||
| BBLG | Bone Biologics | 5.56 | ||||
| ESTA | Establishment Labs | 3.93 | ||||
| AXGN | Axogen | 2.89 | ||||
| AORT | Artivion | 2.73 | ||||
| HSCS | Heart Test | 2.17 | ||||
| ANIK | Anika Therapeutics | 2.08 | ||||
| INGN | Inogen | 2.02 | ||||
| NPCE | Neuropace | 1.89 | ||||
| SGHT | Sight Sciences | 1.69 | ||||
| ATEC | Alphatec Holdings | 1.08 | ||||
| AVNS | Avanos Medical | 0.87 | ||||
| OFIX | Orthofix Medical | 0.00 | ||||
| VVOS | Vivos Therapeutics | 1.04 | ||||
| TIVC | Tivic Health | 5.49 |
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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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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