Erayak Power Solution Stock Market Value
| RAYA Stock | 1.21 0.01 0.82% |
| Symbol | Erayak |
Erayak Power Solution Price To Book Ratio
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Erayak Power. If investors know Erayak will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Erayak Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.55) | Earnings Share (0.01) | Revenue Per Share | Quarterly Revenue Growth 0.264 | Return On Assets |
The market value of Erayak Power Solution is measured differently than its book value, which is the value of Erayak that is recorded on the company's balance sheet. Investors also form their own opinion of Erayak Power's value that differs from its market value or its book value, called intrinsic value, which is Erayak Power's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Erayak Power's market value can be influenced by many factors that don't directly affect Erayak Power's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Erayak Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Erayak Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Erayak Power's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Erayak Power 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Erayak Power's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Erayak Power.
| 02/21/2025 |
| 03/23/2025 |
If you would invest 0.00 in Erayak Power on February 21, 2025 and sell it all today you would earn a total of 0.00 from holding Erayak Power Solution or generate 0.0% return on investment in Erayak Power over 30 days. Erayak Power is related to or competes with NeoVolta Common, Hayward Holdings, Advanced Energy, Espey Mfg, Flux Power, Polar Power, and Ocean Power. Erayak Power is entity of United States. It is traded as Stock on NASDAQ exchange. More
Erayak Power Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Erayak Power's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Erayak Power Solution upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.43 | |||
| Information Ratio | 0.0165 | |||
| Maximum Drawdown | 23.95 | |||
| Value At Risk | (4.44) | |||
| Potential Upside | 4.17 |
Erayak Power Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Erayak Power's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Erayak Power's standard deviation. In reality, there are many statistical measures that can use Erayak Power historical prices to predict the future Erayak Power's volatility.| Risk Adjusted Performance | 0.0086 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | 0.2765 | |||
| Sortino Ratio | 0.0179 | |||
| Treynor Ratio | 0.0181 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Erayak Power's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Erayak Power Solution Backtested Returns
At this point, Erayak Power is dangerous. Erayak Power Solution secures Sharpe Ratio (or Efficiency) of 0.0243, which denotes the company had a 0.0243 % return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Erayak Power Solution, which you can use to evaluate the volatility of the firm. Please confirm Erayak Power's Semi Deviation of 2.82, mean deviation of 2.39, and Downside Deviation of 3.43 to check if the risk estimate we provide is consistent with the expected return of 0.0873%. Erayak Power has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.32, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Erayak Power are expected to decrease at a much lower rate. During the bear market, Erayak Power is likely to outperform the market. Erayak Power Solution right now shows a risk of 3.58%. Please confirm Erayak Power Solution information ratio, downside variance, day typical price, as well as the relationship between the treynor ratio and kurtosis , to decide if Erayak Power Solution will be following its price patterns.
Auto-correlation | 0.20 |
Weak predictability
Erayak Power Solution has weak predictability. Overlapping area represents the amount of predictability between Erayak Power time series from 21st of February 2025 to 8th of March 2025 and 8th of March 2025 to 23rd of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Erayak Power Solution price movement. The serial correlation of 0.2 indicates that over 20.0% of current Erayak Power price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Erayak Power Solution lagged returns against current returns
Autocorrelation, which is Erayak Power stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Erayak Power's stock expected returns. We can calculate the autocorrelation of Erayak Power returns to help us make a trade decision. For example, suppose you find that Erayak Power has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Erayak Power regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Erayak Power stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Erayak Power stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Erayak Power stock over time.
Current vs Lagged Prices |
| Timeline |
Erayak Power Lagged Returns
When evaluating Erayak Power's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Erayak Power stock have on its future price. Erayak Power autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Erayak Power autocorrelation shows the relationship between Erayak Power stock current value and its past values and can show if there is a momentum factor associated with investing in Erayak Power Solution.
Regressed Prices |
| Timeline |
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Check out Erayak Power Correlation, Erayak Power Volatility and Erayak Power Alpha and Beta module to complement your research on Erayak Power. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Erayak Power 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.