Erayak Power Solution Stock Performance
| RAYA Stock | 1.37 0.09 7.03% |
Erayak Power holds a performance score of 12 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -3.06, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Erayak Power are expected to decrease by larger amounts. On the other hand, during market turmoil, Erayak Power is expected to outperform it. Use Erayak Power downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to analyze future returns on Erayak Power.
Risk-Adjusted Performance
12 of 100
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Good
Compared to the overall equity markets, risk-adjusted returns on investments in Erayak Power Solution are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Erayak Power sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Erayak Power Groups Crucial Shareholder Meeting - TipRanks | 10/07/2024 |
2 | RAYA stock soars to 52-week high, hits 1.67 amid robust growth - Investing.com UK | 11/04/2024 |
3 | Erayak Power Solution Updates Corporate Structure - TipRanks | 11/12/2024 |
| Begin Period Cash Flow | 7.1 M | |
| Free Cash Flow | 6 M |
Erayak |
Erayak Power Relative Risk vs. Return Landscape
If you would invest 69.00 in Erayak Power Solution on September 12, 2024 and sell it today you would earn a total of 68.00 from holding Erayak Power Solution or generate 98.55% return on investment over 90 days. Erayak Power Solution is currently generating 1.4224% in daily expected returns and assumes 8.6365% risk (volatility on return distribution) over the 90 days horizon. In different words, 76% of stocks are less volatile than Erayak, and 72% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Erayak Power Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Erayak Power's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Erayak Power Solution, and traders can use it to determine the average amount a Erayak Power'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 = 0.1647
| Best Portfolio | Best Equity | |||
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| Average Returns | RAYA | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 8.64 actual daily | 76 76% of assets are less volatile |
Expected Return
| 1.42 actual daily | 28 72% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Erayak Power is performing at about 12% 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 Erayak Power by adding it to a well-diversified portfolio.
Erayak Power Fundamentals Growth
Erayak Stock prices reflect investors' perceptions of the future prospects and financial health of Erayak Power, and Erayak Power 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 Erayak Stock performance.
| Return On Equity | -0.0138 | |||
| Return On Asset | -0.0195 | |||
| Profit Margin | (0.01) % | |||
| Operating Margin | (0.11) % | |||
| Current Valuation | 37.69 M | |||
| Shares Outstanding | 27 M | |||
| Price To Book | 1.34 X | |||
| Price To Sales | 1.57 X | |||
| Revenue | 20.32 M | |||
| Gross Profit | 5.67 M | |||
| EBITDA | 2.81 M | |||
| Net Income | 1.22 M | |||
| Total Debt | 2.17 M | |||
| Book Value Per Share | 0.95 X | |||
| Cash Flow From Operations | 6.73 M | |||
| Earnings Per Share | (0.01) X | |||
| Market Capitalization | 35.84 M | |||
| Total Asset | 35.29 M | |||
| Retained Earnings | 9.19 M | |||
| Working Capital | 8.89 M | |||
About Erayak Power Performance
By analyzing Erayak Power's fundamental ratios, stakeholders can gain valuable insights into Erayak Power's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Erayak Power 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 Erayak Power has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 167.45 | 175.82 | |
| Return On Tangible Assets | 0.03 | 0.03 | |
| Return On Capital Employed | 0.03 | 0.03 | |
| Return On Assets | 0.03 | 0.03 | |
| Return On Equity | 0.06 | 0.06 |
Things to note about Erayak Power Solution performance evaluation
Checking the ongoing alerts about Erayak Power for important developments is a great way to find new opportunities for your next move. 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 |
- Analyzing Erayak Power'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 Erayak Power's stock is overvalued or undervalued compared to its peers.
- Examining Erayak Power'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 Erayak Power's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Erayak Power's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Erayak Power's stock. These opinions can provide insight into Erayak Power's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Erayak Stock analysis
When running Erayak Power's price analysis, check to measure Erayak Power'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 Erayak Power is operating at the current time. Most of Erayak Power's value examination focuses on studying past and present price action to predict the probability of Erayak Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Erayak Power's price. Additionally, you may evaluate how the addition of Erayak Power to your portfolios can decrease your overall portfolio volatility.
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