Ray Sigorta As Stock Shares Outstanding
| RAYSG Stock | TRY 20.50 225.50 11.77% |
Ray Sigorta AS fundamentals help investors to digest information that contributes to Ray Sigorta's financial success or failures. It also enables traders to predict the movement of Ray Stock. The fundamental analysis module provides a way to measure Ray Sigorta's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ray Sigorta stock.
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Ray Sigorta AS Company Shares Outstanding Analysis
Ray Sigorta's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Ray Sigorta Shares Outstanding | 163.07 M |
Most of Ray Sigorta's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ray Sigorta AS is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
| Competition |
Based on the latest financial disclosure, Ray Sigorta AS has 163.07 M of shares currently outstending. This is 91.11% lower than that of the Insurance sector and significantly higher than that of the Financials industry. The shares outstanding for all Turkey stocks is 71.48% higher than that of the company.
Ray Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ray Sigorta's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ray Sigorta could also be used in its relative valuation, which is a method of valuing Ray Sigorta by comparing valuation metrics of similar companies.Ray Sigorta is currently under evaluation in shares outstanding category among its peers.
Ray Fundamentals
| Return On Equity | 0.21 | |||
| Return On Asset | -0.009 | |||
| Profit Margin | 0.08 % | |||
| Operating Margin | (0.03) % | |||
| Current Valuation | 1.99 B | |||
| Shares Outstanding | 163.07 M | |||
| Shares Owned By Insiders | 94.26 % | |||
| Price To Earning | 26.41 X | |||
| Price To Book | 5.46 X | |||
| Price To Sales | 2.53 X | |||
| Revenue | 1.19 B | |||
| Gross Profit | 272.71 M | |||
| EBITDA | (23.9 M) | |||
| Net Income | 68.32 M | |||
| Cash And Equivalents | 855.11 M | |||
| Cash Per Share | 5.24 X | |||
| Total Debt | 4.65 M | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 1.17 X | |||
| Book Value Per Share | 3.66 X | |||
| Cash Flow From Operations | (64.81 M) | |||
| Earnings Per Share | 0.63 X | |||
| Number Of Employees | 320 | |||
| Beta | 0.8 | |||
| Market Capitalization | 2.53 B | |||
| Total Asset | 2.28 B | |||
| Retained Earnings | (86 M) | |||
| Working Capital | 79 M | |||
| Current Asset | 468 M | |||
| Current Liabilities | 389 M | |||
| Net Asset | 2.28 B |
About Ray Sigorta Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ray Sigorta AS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ray Sigorta using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ray Sigorta AS based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Ray Sigorta
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ray Sigorta position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ray Sigorta will appreciate offsetting losses from the drop in the long position's value.Moving against Ray Stock
The ability to find closely correlated positions to Ray Sigorta could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ray Sigorta when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ray Sigorta - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ray Sigorta AS to buy it.
The correlation of Ray Sigorta is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ray Sigorta moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ray Sigorta AS moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ray Sigorta can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Ray Stock
Ray Sigorta financial ratios help investors to determine whether Ray Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ray with respect to the benefits of owning Ray Sigorta security.