Ray Sigorta (Turkey) Today
| RAYSG Stock | TRY 471.00 2.00 0.42% |
Performance22 of 100
| Odds Of DistressLess than 29
|
Ray Sigorta is trading at 471.00 as of the 25th of April 2024. This is a -0.42 percent decrease since the beginning of the trading day. The stock's open price was 473.0. Ray Sigorta has about a 29 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat solid performance during the last 90 days. Equity ratings for Ray Sigorta AS are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Ray Sigorta Anonim Sirketi engages in the non-life insurance business in Turkey. Ray Sigorta Anonim Sirketi operates as a subsidiary of ATBIH GmbH. RAY SIGORTA operates under InsuranceDiversified classification in Turkey and is traded on Istanbul Stock Exchange. The company has 163.07 M outstanding shares. More on Ray Sigorta AS
Moving together with Ray Stock
| 0.91 | KCHOL | Koc Holding AS | PairCorr |
Moving against Ray Stock
| 0.66 | SISE | Turkiye Sise ve | PairCorr |
| 0.61 | ISFIN | Is Finansal Kiralama | PairCorr |
| 0.6 | EREGL | Eregli Demir ve | PairCorr |
| 0.57 | ENKAI | ENKA Insaat ve | PairCorr |
Follow Valuation Odds of Bankruptcy
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Ray 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. Ray Sigorta's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ray Sigorta or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Mehmet Sismanoglu |
| Business Concentration | Financials, Insurance, Insurance—Diversified, Financial Services (View all Sectors) |
Ray Sigorta AS (RAYSG) is traded on Istanbul Stock Exchange in Turkey and employs 320 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.53 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ray Sigorta's market, we take the total number of its shares issued and multiply it by Ray Sigorta'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. Ray Sigorta AS operates under Insurance sector and is part of Financials industry. The entity has 163.07 M outstanding shares.
Ray Sigorta AS has accumulated about 855.11 M in cash with (64.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.24.
Check Ray Sigorta Probability Of Bankruptcy
Ownership AllocationRay Sigorta AS has a total of 163.07 Million outstanding shares. Ray Sigorta holds majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 94.26 pct. of Ray Sigorta AS outstanding shares that are owned by insiders implies they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Ray Ownership Details
Ray Stock Price Odds Analysis
Coming from a normal probability distribution, the odds of Ray Sigorta jumping above the current price in 90 days from now is under 4%. The Ray Sigorta AS probability density function shows the probability of Ray Sigorta stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon the stock has a beta coefficient of 1.0055 indicating Ray Sigorta AS market returns are responsive to returns on the market. As the market goes up or down, Ray Sigorta is expected to follow. Additionally, ray Sigorta AS has an alpha of 0.8344, implying that it can generate a 0.83 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Ray Sigorta to move above the current price in 90 days from now is under 4 (This Ray Sigorta AS probability density function shows the probability of Ray Stock to fall within a particular range of prices over 90 days) .
Ray Sigorta AS Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ray Sigorta market risk premium is the additional return an investor will receive from holding Ray Sigorta 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 Ray Sigorta. 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 Ray Sigorta's alpha and beta are two of the key measurements used to evaluate Ray Sigorta's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.42 | |||
| Semi Deviation | 1.59 | |||
| Standard Deviation | 3.29 | |||
| Variance | 10.81 |
Ray Stock Against Markets
Picking the right benchmark for Ray Sigorta 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 Ray Sigorta 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 Ray Sigorta is critical whether you are bullish or bearish towards Ray Sigorta AS at a given time. Please also check how Ray Sigorta's 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 Ray Sigorta 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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Ray Sigorta Corporate Directors
Ray Sigorta corporate directors refer to members of a Ray Sigorta board of directors. The board of directors generally takes responsibility for the Ray Sigorta's 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 Ray Sigorta's board members must vote for the resolution. The Ray Sigorta board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Feridun Art | Marketing Director | Profile | |
| Mihriban Karu | Human Resources Director | Profile | |
| Gil Shuchman | International Clients Director | Profile | |
| Anil Gulcen | Member of the Executive Board, Director of Sales | Profile |
How to buy Ray Stock?
Before investing in Ray Sigorta, 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 Ray Sigorta. To buy Ray Sigorta stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ray Sigorta. 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 Ray Sigorta stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Ray Sigorta AS 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 Ray Sigorta AS 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 Ray Sigorta AS, 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 Ray Sigorta AS?
The danger of trading Ray Sigorta AS 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 Ray Sigorta 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 Ray Sigorta. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ray Sigorta AS 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 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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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