Toray Industries Stock Today
| TRYIF Stock | USD 5.23 0.35 7.17% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Toray Industries is trading at 5.23 as of the 16th of April 2024. This is a 7.17 percent up since the beginning of the trading day. The stock's lowest day price was 5.23. Toray Industries has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Toray Industries are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of March 2024 and ending today, the 16th of April 2024. Click here to learn more.
Toray Industries, Inc., together with its subsidiaries, manufactures, processes, and sells fibers and textiles, performance chemicals, carbon fiber composite materials, environment and engineering products, and life science products in Japan, China, North America, Europe, and internationally. The company has 1.6 B outstanding shares. More on Toray Industries
Moving against Toray Pink Sheet
| 0.5 | AIN | Albany International Earnings Call This Week | PairCorr |
Follow Valuation Odds of Bankruptcy
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Toray Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Toray Industries' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Toray Industries or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Osamu Inoue |
| Business Concentration | Textile Manufacturing, Consumer Cyclical (View all Sectors) |
Toray Industries [TRYIF] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Mid-Cap' category with a current market capitalization of 9.25 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Toray Industries's market, we take the total number of its shares issued and multiply it by Toray Industries'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. Toray Industries classifies itself under Consumer Cyclical sector and is part of Textile Manufacturing industry. The entity has 1.6 B outstanding shares.
Toray Industries has accumulated about 261.93 B in cash with 138.29 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 163.6, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Toray Industries Probability Of Bankruptcy
Ownership AllocationToray Industries shows a total of 1.6 Billion outstanding shares. 30% of Toray Industries outstanding shares are owned by institutional holders. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Toray Ownership Details
Toray Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Toray Industries jumping above the current price in 90 days from now is under 4%. The Toray Industries probability density function shows the probability of Toray Industries pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Toray Industries has a beta of -0.8877. This usually implies Additionally, toray Industries has an alpha of 0.1145, implying that it can generate a 0.11 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Toray Industries to move above the current price in 90 days from now is under 4 (This Toray Industries probability density function shows the probability of Toray Pink Sheet to fall within a particular range of prices over 90 days) .
Toray Industries Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Toray Industries market risk premium is the additional return an investor will receive from holding Toray Industries 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 Toray Industries. 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 Toray Industries' alpha and beta are two of the key measurements used to evaluate Toray Industries' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.8175 | |||
| Semi Deviation | 1.98 | |||
| Standard Deviation | 2.45 | |||
| Variance | 6.01 |
Toray Stock Against Markets
Picking the right benchmark for Toray Industries pink sheet 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 Toray Industries pink sheet 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 Toray Industries is critical whether you are bullish or bearish towards Toray Industries at a given time. Please also check how Toray Industries' 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 Toray Industries 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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Toray Industries Corporate Directors
Toray Industries corporate directors refer to members of a Toray Industries board of directors. The board of directors generally takes responsibility for the Toray Industries' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Toray Industries' board members must vote for the resolution. The Toray Industries board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Kunihiko Yoshida | Manager of Human Resources and Labor, Director | Profile | |
| Tetsuya Tsunekawa | Chief Director of Research, Manager of Basic Research Center, Director | Profile | |
| Kazuyuki Adachi | Managing Director, Chief Director of Production | Profile | |
| Akira Umeda | Managing Director, Deputy Chief Director of Medicine and Medical Care Business, Manager of CMC, Director of Medicine and Medical Care Business Project Management | Profile |
How to buy Toray Pink Sheet?
Before investing in Toray Industries, 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 Toray Industries. To buy Toray Industries stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Toray Industries. 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 Toray Industries stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Toray Industries 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 Toray Industries 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 Toray Industries, 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 Toray Industries?
The danger of trading Toray Industries 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 Toray Industries 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 Toray Industries. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Toray Industries 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Toray Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Toray Pink Sheet analysis
When running Toray Industries' price analysis, check to measure Toray Industries' 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 Toray Industries is operating at the current time. Most of Toray Industries' value examination focuses on studying past and present price action to predict the probability of Toray Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Toray Industries' price. Additionally, you may evaluate how the addition of Toray Industries to your portfolios can decrease your overall portfolio volatility.
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