IRay Technology (China) Analysis

IRay Stock Analysis Notes

About 61.0% of the company shares are owned by insiders or employees . The book value of IRay Technology was presently reported as 32.15. The company last dividend was issued on the 17th of June 2024. iRay Technology had 1.4:1 split on the 17th of June 2024. For more info on iRay Technology Co please contact the company at 86 21 5072 0560 or go to https://www.iraygroup.com.

iRay Technology Investment Alerts

IRay Market Capitalization

The company currently falls under 'Large-Cap' category with a current market capitalization of 14.65 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate IRay Technology's market, we take the total number of its shares issued and multiply it by IRay Technology's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

IRay Profitablity

The company has Profit Margin (PM) of 0.31 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.17 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.17.

Management Efficiency

iRay Technology has return on total asset (ROA) of 0.0432 % which means that it generated a profit of $0.0432 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1282 %, meaning that it generated $0.1282 on every $100 dollars invested by stockholders. IRay Technology's management efficiency ratios could be used to measure how well IRay Technology manages its routine affairs as well as how well it operates its assets and liabilities. At present, IRay Technology's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 50.8 M, whereas Total Assets are forecasted to decline to about 4.5 B.

Technical Drivers

As of the 18th of December 2024, IRay Technology retains the Market Risk Adjusted Performance of (0.34), downside deviation of 3.58, and Risk Adjusted Performance of 0.0498. IRay Technology technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.

iRay Technology Price Movement Analysis

IRay Technology Outstanding Bonds

IRay Technology Predictive Daily Indicators

IRay Technology Forecast Models

IRay Technology's time-series forecasting models are one of many IRay Technology's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary IRay Technology's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how IRay Technology prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling IRay shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as IRay Technology. By using and applying IRay Stock analysis, traders can create a robust methodology for identifying IRay entry and exit points for their positions.

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.