IRay Technology (China) Performance
| 688301 Stock | 102.42 0.08 0.08% |
On a scale of 0 to 100, IRay Technology holds a performance score of 5. The company retains a Market Volatility (i.e., Beta) of -0.71, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning IRay Technology are expected to decrease at a much lower rate. During the bear market, IRay Technology is likely to outperform the market. Please check IRay Technology's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether IRay Technology's current trending patterns will revert.
Risk-Adjusted Performance
5 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in iRay Technology Co are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, IRay Technology sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Forward Dividend Yield 0.0195 | Payout Ratio 0.464 | Last Split Factor 1.4:1 | Forward Dividend Rate 2 | Ex Dividend Date 2024-06-17 |
1 | iRay Technology Might Be Having Difficulty Using Its Capital Effectively - Simply Wall St | 09/26/2024 |
| Begin Period Cash Flow | 2.7 B |
IRay |
IRay Technology Relative Risk vs. Return Landscape
If you would invest 8,745 in iRay Technology Co on September 19, 2024 and sell it today you would earn a total of 1,497 from holding iRay Technology Co or generate 17.12% return on investment over 90 days. iRay Technology Co is generating 0.3887% of daily returns and assumes 5.1564% volatility on return distribution over the 90 days horizon. Simply put, 45% of stocks are less volatile than IRay, and 93% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
IRay Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IRay Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as iRay Technology Co, and traders can use it to determine the average amount a IRay Technology'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 = 0.0754
| Best Portfolio | Best Equity | |||
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| Small Returns | 688301 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.16 actual daily | 45 55% of assets are more volatile |
Expected Return
| 0.39 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 5 95% of assets perform better |
Based on monthly moving average IRay Technology is performing at about 5% of its full potential. 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 IRay Technology by adding it to a well-diversified portfolio.
IRay Technology Fundamentals Growth
IRay Stock prices reflect investors' perceptions of the future prospects and financial health of IRay Technology, and IRay Technology 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 IRay Stock performance.
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0432 | ||||
| Profit Margin | 0.31 % | ||||
| Operating Margin | 0.17 % | ||||
| Current Valuation | 15.98 B | ||||
| Shares Outstanding | 143.06 M | ||||
| Price To Book | 3.20 X | ||||
| Price To Sales | 8.04 X | ||||
| Revenue | 1.86 B | ||||
| Gross Profit | 888.23 M | ||||
| EBITDA | 526.62 M | ||||
| Net Income | 607.5 M | ||||
| Total Debt | 379.75 M | ||||
| Book Value Per Share | 32.15 X | ||||
| Cash Flow From Operations | 340.32 M | ||||
| Earnings Per Share | 3.75 X | ||||
| Total Asset | 7.51 B | ||||
| Retained Earnings | 1.65 B | ||||
About IRay Technology Performance
By analyzing IRay Technology's fundamental ratios, stakeholders can gain valuable insights into IRay Technology's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if IRay Technology 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 IRay Technology has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
IRay Technology is entity of China. It is traded as Stock on SHG exchange.Things to note about iRay Technology performance evaluation
Checking the ongoing alerts about IRay Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for iRay Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| iRay Technology had very high historical volatility over the last 90 days | |
| About 61.0% of the company shares are owned by insiders or employees |
- Analyzing IRay Technology'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 IRay Technology's stock is overvalued or undervalued compared to its peers.
- Examining IRay Technology'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 IRay Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of IRay Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of IRay Technology's stock. These opinions can provide insight into IRay Technology's potential for growth and whether the stock is currently undervalued or overvalued.
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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