RaySearch Laboratories (Sweden) Buy Hold or Sell Recommendation
| RAY-B Stock | SEK 114.00 2.00 1.72% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding RaySearch Laboratories AB is 'Sell'. Macroaxis provides RaySearch Laboratories buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding RAY-B positions. The advice algorithm takes into account all of RaySearch Laboratories' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting RaySearch Laboratories' buy or sell advice are summarized below:
Real Value 104.54 | Hype Value 114 | Market Value 114 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell RaySearch Laboratories AB given historical horizon and risk tolerance towards RaySearch Laboratories. When Macroaxis issues a 'buy' or 'sell' recommendation for RaySearch Laboratories AB, the advice is generated through an automated system that utilizes algorithms and statistical models.
RaySearch |
Execute RaySearch Laboratories Buy or Sell Advice
The RaySearch recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on RaySearch Laboratories AB. Macroaxis does not own or have any residual interests in RaySearch Laboratories AB or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute RaySearch Laboratories' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
RaySearch Laboratories Trading Alerts and Improvement Suggestions
| The company reported the revenue of 641.67 M. Net Loss for the year was (47.31 M) with profit before overhead, payroll, taxes, and interest of 591.28 M. | |
| About 56.0% of the company shares are owned by institutional investors |
RaySearch Laboratories Returns Distribution Density
The distribution of RaySearch Laboratories' historical returns is an attempt to chart the uncertainty of RaySearch Laboratories' future price movements. The chart of the probability distribution of RaySearch Laboratories daily returns describes the distribution of returns around its average expected value. We use RaySearch Laboratories AB price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of RaySearch Laboratories returns is essential to provide solid investment advice for RaySearch Laboratories.
| Mean Return | 0.39 | Value At Risk | -2.94 | Potential Upside | 3.93 | Standard Deviation | 2.24 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of RaySearch Laboratories historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
RaySearch Laboratories Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to RaySearch Laboratories or Technology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that RaySearch Laboratories' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a RaySearch stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.40 | |
β | Beta against NYSE Composite | -0.26 | |
σ | Overall volatility | 2.19 | |
Ir | Information ratio | 0.14 |
RaySearch Laboratories Volatility Alert
RaySearch Laboratories AB has relatively low volatility with skewness of 1.1 and kurtosis of 3.18. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure RaySearch Laboratories' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact RaySearch Laboratories' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.RaySearch Laboratories Fundamentals Vs Peers
Comparing RaySearch Laboratories' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze RaySearch Laboratories' direct or indirect competition across all of the common fundamentals between RaySearch Laboratories and the related equities. This way, we can detect undervalued stocks with similar characteristics as RaySearch Laboratories or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of RaySearch Laboratories' fundamental indicators could also be used in its relative valuation, which is a method of valuing RaySearch Laboratories by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare RaySearch Laboratories to competition |
| Fundamentals | RaySearch Laboratories | Peer Average |
| Return On Equity | -0.0097 | -0.31 |
| Return On Asset | -0.0023 | -0.14 |
| Profit Margin | (0.01) % | (1.27) % |
| Operating Margin | (0.01) % | (5.51) % |
| Current Valuation | 2.45 B | 16.62 B |
| Shares Outstanding | 25.83 M | 571.82 M |
| Shares Owned By Insiders | 4.00 % | 10.09 % |
| Shares Owned By Institutions | 55.61 % | 39.21 % |
| Price To Earning | 56.86 X | 28.72 X |
| Price To Book | 3.16 X | 9.51 X |
| Price To Sales | 2.85 X | 11.42 X |
| Revenue | 641.67 M | 9.43 B |
| Gross Profit | 591.28 M | 27.38 B |
| EBITDA | 197.36 M | 3.9 B |
| Net Income | (47.31 M) | 570.98 M |
| Cash And Equivalents | 102.53 M | 2.7 B |
| Cash Per Share | 3.30 X | 5.01 X |
| Total Debt | 491.9 M | 5.32 B |
| Debt To Equity | 39.30 % | 48.70 % |
| Current Ratio | 1.66 X | 2.16 X |
| Book Value Per Share | 18.81 X | 1.93 K |
| Cash Flow From Operations | 238.16 M | 971.22 M |
| Earnings Per Share | (1.03) X | 3.12 X |
| Target Price | 90.0 | |
| Number Of Employees | 373 | 18.84 K |
| Beta | 1.45 | -0.15 |
| Market Capitalization | 2.78 B | 19.03 B |
| Total Asset | 1.74 B | 29.47 B |
| Working Capital | 182 M | 1.48 B |
| Current Asset | 262 M | 9.34 B |
| Current Liabilities | 80 M | 7.9 B |
| Z Score | 3.0 | 8.72 |
| Net Asset | 1.74 B |
RaySearch Laboratories Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as RaySearch . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About RaySearch Laboratories Buy or Sell Advice
When is the right time to buy or sell RaySearch Laboratories AB? Buying financial instruments such as RaySearch Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out RaySearch Laboratories Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the RaySearch Laboratories information on this page should be used as a complementary analysis to other RaySearch Laboratories' 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for RaySearch Stock analysis
When running RaySearch Laboratories' price analysis, check to measure RaySearch Laboratories' 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 RaySearch Laboratories is operating at the current time. Most of RaySearch Laboratories' value examination focuses on studying past and present price action to predict the probability of RaySearch Laboratories' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RaySearch Laboratories' price. Additionally, you may evaluate how the addition of RaySearch Laboratories to your portfolios can decrease your overall portfolio volatility.
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