Viewray Stock Technical Analysis
| VRAYDelisted Stock | USD 0.01 0.0001 1.11% |
As of the 24th of April, ViewRay has the Variance of 229.01, coefficient of variation of (415.93), and Risk Adjusted Performance of (0.14). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of ViewRay, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze thirteen technical drivers for ViewRay, which can be compared to its competition. Please validate ViewRay standard deviation and potential upside to decide if ViewRay is priced more or less accurately, providing market reflects its prevalent price of 0.0089 per share. As ViewRay appears to be a penny stock we also recommend to double-check its jensen alpha numbers.
ViewRay Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ViewRay, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ViewRayViewRay |
ViewRay technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, delisted stock market cycles, or different charting patterns.
ViewRay Technical Analysis
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.
ViewRay Trend Analysis
Use this graph to draw trend lines for ViewRay. You can use it to identify possible trend reversals for ViewRay as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual ViewRay price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ViewRay Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ViewRay applied against its price change over selected period. The best fit line has a slop of 0.0049 , which may suggest that ViewRay market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.91, which is the sum of squared deviations for the predicted ViewRay price change compared to its average price change.About ViewRay Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of ViewRay on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of ViewRay based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ViewRay price pattern first instead of the macroeconomic environment surrounding ViewRay. By analyzing ViewRay's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of ViewRay's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to ViewRay specific price patterns or momentum indicators. Please read more on our technical analysis page.
ViewRay April 24, 2024 Technical Indicators
Most technical analysis of ViewRay help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for ViewRay from various momentum indicators to cycle indicators. When you analyze ViewRay charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.14) | |||
| Market Risk Adjusted Performance | (1.41) | |||
| Mean Deviation | 9.61 | |||
| Coefficient Of Variation | (415.93) | |||
| Standard Deviation | 15.13 | |||
| Variance | 229.01 | |||
| Information Ratio | (0.25) | |||
| Jensen Alpha | (3.87) | |||
| Total Risk Alpha | (5.72) | |||
| Treynor Ratio | (1.42) | |||
| Maximum Drawdown | 89.4 | |||
| Value At Risk | (25.62) | |||
| Potential Upside | 12.39 | |||
| Skewness | (2.05) | |||
| Kurtosis | 10.25 |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the ViewRay information on this page should be used as a complementary analysis to other ViewRay'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 Global Correlations module to find global opportunities by holding instruments from different markets.
Other Consideration for investing in ViewRay Stock
If you are still planning to invest in ViewRay check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ViewRay's history and understand the potential risks before investing.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios |