NEOV
Price
$4.74
Change
+$0.13 (+2.82%)
Updated
Dec 24 closing price
62 days until earnings call
RAYA
Price
$1.17
Change
-$0.02 (-1.68%)
Updated
Dec 24 closing price
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NEOV vs RAYA

Header iconNEOV vs RAYA Comparison
Open Charts NEOV vs RAYABanner chart's image
NeoVolta
Price$4.74
Change+$0.13 (+2.82%)
Volume$116.2K
CapitalizationN/A
Erayak Power Solution Group
Price$1.17
Change-$0.02 (-1.68%)
Volume$18.28K
CapitalizationN/A
NEOV vs RAYA Comparison Chart
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NEOV
Daily Signalchanged days ago
Gain/Loss if bought
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RAYA
Daily Signalchanged days ago
Gain/Loss if bought
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NEOV vs. RAYA commentary
Dec 26, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is NEOV is a Buy and RAYA is a Buy.

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COMPARISON
Comparison
Dec 26, 2024
Stock price -- (NEOV: $4.74 vs. RAYA: $1.17)
Brand notoriety: NEOV and RAYA are both not notable
Both companies represent the Electrical Products industry
Current volume relative to the 65-day Moving Average: NEOV: 44% vs. RAYA: 43%
Market capitalization -- NEOV: $39.22M vs. RAYA: $7.03M
NEOV [@Electrical Products] is valued at $39.22M. RAYA’s [@Electrical Products] market capitalization is $7.03M. The market cap for tickers in the [@Electrical Products] industry ranges from $181.26B to $0. The average market capitalization across the [@Electrical Products] industry is $4.7B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

NEOV’s FA Score shows that 0 FA rating(s) are green whileRAYA’s FA Score has 1 green FA rating(s).

  • NEOV’s FA Score: 0 green, 5 red.
  • RAYA’s FA Score: 1 green, 4 red.
According to our system of comparison, RAYA is a better buy in the long-term than NEOV.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

NEOV’s TA Score shows that 2 TA indicator(s) are bullish while RAYA’s TA Score has 3 bullish TA indicator(s).

  • NEOV’s TA Score: 2 bullish, 5 bearish.
  • RAYA’s TA Score: 3 bullish, 6 bearish.
According to our system of comparison, both NEOV and RAYA are a bad buy in the short-term.

Price Growth

NEOV (@Electrical Products) experienced а -2.27% price change this week, while RAYA (@Electrical Products) price change was -5.65% for the same time period.

The average weekly price growth across all stocks in the @Electrical Products industry was +0.97%. For the same industry, the average monthly price growth was -0.22%, and the average quarterly price growth was +1.86%.

Reported Earning Dates

NEOV is expected to report earnings on Feb 26, 2025.

RAYA is expected to report earnings on Nov 16, 2022.

Industries' Descriptions

@Electrical Products (+0.97% weekly)

The industry produces a diverse range of electricity-powered equipment, appliances and components, catering to both households and industries. The products include power, distribution and specialty transformers; electric motors, generators and motor-generator sets; switchgear and switchboard apparatus; light bulbs, tubes, fittings and electric signs etc. Consumer income, construction spending, and industrial production are major drivers of demand for this industry’s products. Large companies tend to have economies of scale in production, marketing, and distribution, while smaller companies can potentially carve out their own market through niche or specialty offerings. The US electrical products manufacturing industry includes about 5,700 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $125 billion. (according to a study published in First Research). Emerson Electric Co., Hubbell Incorporated and Eaton Corporation plc are major electrical products makers in the U.S.

SUMMARIES
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FUNDAMENTALS
Fundamentals
NEOV($39.2M) has a higher market cap than RAYA($7.03M). NEOV YTD gains are higher at: 196.250 vs. RAYA (6.364).
NEOVRAYANEOV / RAYA
Capitalization39.2M7.03M558%
EBITDA-1.94MN/A-
Gain YTD196.2506.3643,084%
P/E RatioN/A3.99-
Revenue3.13MN/A-
Total Cash1.5MN/A-
Total DebtN/AN/A-
TECHNICAL ANALYSIS
Technical Analysis
NEOVRAYA
RSI
ODDS (%)
Bearish Trend 3 days ago
88%
N/A
Stochastic
ODDS (%)
Bullish Trend 3 days ago
86%
Bullish Trend 3 days ago
83%
Momentum
ODDS (%)
Bearish Trend 3 days ago
90%
Bearish Trend 3 days ago
90%
MACD
ODDS (%)
Bearish Trend 3 days ago
90%
Bearish Trend 3 days ago
90%
TrendWeek
ODDS (%)
Bearish Trend 3 days ago
90%
Bearish Trend 3 days ago
90%
TrendMonth
ODDS (%)
Bearish Trend 3 days ago
90%
Bearish Trend 3 days ago
90%
Advances
ODDS (%)
Bullish Trend 7 days ago
76%
Bullish Trend 9 days ago
85%
Declines
ODDS (%)
Bearish Trend 9 days ago
90%
Bearish Trend 15 days ago
87%
BollingerBands
ODDS (%)
N/A
Bearish Trend 3 days ago
90%
Aroon
ODDS (%)
Bearish Trend 3 days ago
90%
Bullish Trend 3 days ago
78%
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NEOV
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
RAYA
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
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NEOV and

Correlation & Price change

A.I.dvisor tells us that NEOV and VRT have been poorly correlated (+22% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that NEOV and VRT's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NEOV
1D Price
Change %
NEOV100%
+2.82%
VRT - NEOV
22%
Poorly correlated
+0.85%
NVT - NEOV
20%
Poorly correlated
+0.65%
CSIQ - NEOV
20%
Poorly correlated
+0.68%
ESP - NEOV
20%
Poorly correlated
+3.03%
MVST - NEOV
17%
Poorly correlated
-4.19%
More

RAYA and

Correlation & Price change

A.I.dvisor tells us that RAYA and NVT have been poorly correlated (+22% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that RAYA and NVT's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To RAYA
1D Price
Change %
RAYA100%
-1.68%
NVT - RAYA
22%
Poorly correlated
+0.65%
HUBB - RAYA
18%
Poorly correlated
+1.44%
TYGO - RAYA
15%
Poorly correlated
N/A
QBAK - RAYA
14%
Poorly correlated
N/A
NEOV - RAYA
13%
Poorly correlated
+2.82%
More