Ray Sigorta As Stock Filter Stocks by Fundamentals
RAYSG Stock | TRY 519.50 4.00 0.76% |
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 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 together with Ray Stock
0.89 | BAYRK | Bayrak EBT Taban | PairCorr |
Moving against Ray Stock
0.55 | PAMEL | Pamel Yenilenebilir | PairCorr |
0.53 | ESCOM | Escort Teknoloji Yatirim | PairCorr |
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.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ray Sigorta AS. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Ray Sigorta AS information on this page should be used as a complementary analysis to other Ray Sigorta's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Ray Stock analysis
When running Ray Sigorta's price analysis, check to measure Ray Sigorta'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 Ray Sigorta is operating at the current time. Most of Ray Sigorta's value examination focuses on studying past and present price action to predict the probability of Ray Sigorta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ray Sigorta's price. Additionally, you may evaluate how the addition of Ray Sigorta to your portfolios can decrease your overall portfolio volatility.
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