RaySearch Laboratories (Sweden) Today
| RAY-B Stock | SEK 116.60 1.00 0.87% |
Performance13 of 100
| Odds Of DistressLess than 19
|
RaySearch Laboratories is selling for under 116.60 as of the 18th of April 2024; that is 0.87% increase since the beginning of the trading day. The stock's lowest day price was 114.6. RaySearch Laboratories has less than a 19 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for RaySearch Laboratories AB are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
RaySearch Laboratories AB operates as a medical technology company that develops software solutions for cancer treatment in North America, Asia, Europe, and internationally. The company was founded in 2000 and is headquartered in Stockholm, Sweden. RaySearch Laboratories operates under Medical Equipment classification in Sweden and is traded on Stockholm Stock Exchange. The company has 25.83 M outstanding shares. More on RaySearch Laboratories AB
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Follow Valuation Odds of Bankruptcy
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RaySearch Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. RaySearch Laboratories' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding RaySearch Laboratories or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Health Information Services, Technology (View all Sectors) |
RaySearch Laboratories AB (RAY-B) is traded on Stockholm Exchange in Sweden and employs 373 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.78 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate RaySearch Laboratories's market, we take the total number of its shares issued and multiply it by RaySearch Laboratories's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. RaySearch Laboratories operates under Technology sector and is part of Health Information Services industry. The entity has 25.83 M outstanding shares.
RaySearch Laboratories AB has accumulated about 102.53 M in cash with 238.16 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.3.
Check RaySearch Laboratories Probability Of Bankruptcy
Ownership AllocationRaySearch Laboratories has a total of 25.83 Million outstanding shares. Over half of RaySearch Laboratories' outstanding shares are owned by third-party entities. These third-party entities are typically referred to as corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in RaySearch Laboratories. Please watch out for any change in the institutional holdings of RaySearch Laboratories as this could mean something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check RaySearch Ownership Details
RaySearch Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of RaySearch Laboratories jumping above the current price in 90 days from now is about 9.32%. The RaySearch Laboratories AB probability density function shows the probability of RaySearch Laboratories stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon RaySearch Laboratories AB has a beta of -0.181 indicating as returns on the benchmark increase, returns on holding RaySearch Laboratories are expected to decrease at a much lower rate. During a bear market, however, RaySearch Laboratories AB is likely to outperform the market. Additionally, raySearch Laboratories AB has an alpha of 0.417, implying that it can generate a 0.42 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of RaySearch Laboratories to move above the current price in 90 days from now is about 9.32 (This RaySearch Laboratories AB probability density function shows the probability of RaySearch Stock to fall within a particular range of prices over 90 days) .
RaySearch Laboratories Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. RaySearch Laboratories market risk premium is the additional return an investor will receive from holding RaySearch Laboratories long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in RaySearch Laboratories. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although RaySearch Laboratories' alpha and beta are two of the key measurements used to evaluate RaySearch Laboratories' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.58 | |||
| Semi Deviation | 1.61 | |||
| Standard Deviation | 2.23 | |||
| Variance | 4.95 |
RaySearch Stock Against Markets
Picking the right benchmark for RaySearch Laboratories stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in RaySearch Laboratories stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for RaySearch Laboratories is critical whether you are bullish or bearish towards RaySearch Laboratories AB at a given time. Please also check how RaySearch Laboratories' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in RaySearch Laboratories without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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RaySearch Laboratories Corporate Management
Elected by the shareholders, the RaySearch Laboratories' board of directors comprises two types of representatives: RaySearch Laboratories inside directors who are chosen from within the company, and outside directors, selected externally and held independent of RaySearch. The board's role is to monitor RaySearch Laboratories' management team and ensure that shareholders' interests are well served. RaySearch Laboratories' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, RaySearch Laboratories' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Henrik Bergentoft | Chief Officer | Profile | |
| Peter Kemlin | Director Marketing | Profile | |
| Johan Lof | CEO, Founder | Profile | |
| MBA CMD | Pres Americas | Profile | |
| Kjell Eriksson | Head Officer | Profile | |
| Petra Jansson | G Counsel | Profile | |
| Fredrik Lofman | Head Learning | Profile |
How to buy RaySearch Stock?
Before investing in RaySearch Laboratories, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in RaySearch Laboratories. To buy RaySearch Laboratories stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of RaySearch Laboratories. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase RaySearch Laboratories stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located RaySearch Laboratories AB stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased RaySearch Laboratories AB stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as RaySearch Laboratories AB, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in RaySearch Laboratories AB?
The danger of trading RaySearch Laboratories AB is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of RaySearch Laboratories is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than RaySearch Laboratories. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile RaySearch Laboratories is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RaySearch Laboratories AB. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. 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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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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