Erayak Power Solution Stock Probability of Future Stock Price Finishing Under 0.55
| RAYA Stock | 1.25 0.12 8.76% |
Erayak |
Erayak Power Target Price Odds to finish below 0.55
The tendency of Erayak Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to 0.55 or more in 90 days |
| 1.25 | 90 days | 0.55 | about 5.46 |
Based on a normal probability distribution, the odds of Erayak Power to drop to 0.55 or more in 90 days from now is about 5.46 (This Erayak Power Solution probability density function shows the probability of Erayak Stock to fall within a particular range of prices over 90 days) . Probability of Erayak Power Solution price to stay between 0.55 and its current price of 1.25 at the end of the 90-day period is about 71.34 .
Given the investment horizon of 90 days Erayak Power Solution has a beta of -3.06 indicating as returns on its benchmark rise, returns on holding Erayak Power Solution are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Erayak Power is expected to outperform its benchmark. Moreover Erayak Power Solution has an alpha of 1.5207, implying that it can generate a 1.52 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Erayak Power Price Density |
| Price |
Predictive Modules for Erayak Power
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Erayak Power Solution. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.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 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Erayak Power is not an exception. The market had few large corrections towards the Erayak Power's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Erayak Power Solution, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Erayak Power within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.52 | |
β | Beta against Dow Jones | -3.06 | |
σ | Overall volatility | 0.30 | |
Ir | Information ratio | 0.12 |
Erayak Power Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Erayak Power for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Erayak Power Solution can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Erayak Power is way too risky over 90 days horizon | |
| Erayak Power may become a speculative penny stock | |
| Erayak Power appears to be risky and price may revert if volatility continues | |
| Erayak Power has a strong financial position based on the latest SEC filings | |
| About 30.0% of the company outstanding shares are owned by corporate insiders |
Erayak Power Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Erayak Stock often depends not only on the future outlook of the current and potential Erayak Power's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Erayak Power's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 12 M | |
| Cash And Short Term Investments | 5.9 M |
Erayak Power Technical Analysis
Erayak Power's future price can be derived by breaking down and analyzing its technical indicators over time. Erayak Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Erayak Power Solution. In general, you should focus on analyzing Erayak Stock price patterns and their correlations with different microeconomic environments and drivers.
Erayak Power Predictive Forecast Models
Erayak Power's time-series forecasting models is one of many Erayak Power's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are 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. This non-stationary Erayak Power'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 stock market movement and maximize returns from investment trading.
Things to note about Erayak Power Solution
Checking the ongoing alerts about Erayak Power for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Erayak Power Solution help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Erayak Power is way too risky over 90 days horizon | |
| Erayak Power may become a speculative penny stock | |
| Erayak Power appears to be risky and price may revert if volatility continues | |
| Erayak Power has a strong financial position based on the latest SEC filings | |
| About 30.0% of the company outstanding shares are owned by corporate insiders |
Check out Erayak Power Backtesting, Erayak Power Valuation, Erayak Power Correlation, Erayak Power Hype Analysis, Erayak Power Volatility, Erayak Power History as well as Erayak Power Performance. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
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 1.695 | Quarterly Revenue Growth 0.264 | Return On Assets (0.02) |
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.