Kandi Technologies Group Stock Performance
| KNDI Stock | USD 2.40 0.18 8.11% |
The company secures a Beta (Market Risk) of -0.86, which conveys possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Kandi Technologies are expected to decrease slowly. On the other hand, during market turmoil, Kandi Technologies is expected to outperform it slightly. Kandi Technologies has an expected return of -0.0419%. Please make sure to verify Kandi Technologies Group potential upside, as well as the relationship between the daily balance of power and market facilitation index , to decide if Kandi Technologies performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Kandi Technologies Group has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fairly strong fundamental indicators, Kandi Technologies is not utilizing all of its potentials. The recent stock price confusion, may contribute to short-horizon losses for the traders. ...more
| Begin Period Cash Flow | 151 M |
Kandi |
Kandi Technologies Relative Risk vs. Return Landscape
If you would invest 251.00 in Kandi Technologies Group on January 19, 2024 and sell it today you would lose (11.00) from holding Kandi Technologies Group or give up 4.38% of portfolio value over 90 days. Kandi Technologies Group is currently does not generate positive expected returns and assumes 2.4548% risk (volatility on return distribution) over the 90 days horizon. In different words, 21% of stocks are less volatile than Kandi, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Kandi Technologies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kandi Technologies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Kandi Technologies Group, and traders can use it to determine the average amount a Kandi Technologies' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0171
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| Negative Returns | KNDI |
Estimated Market Risk
| 2.45 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Kandi Technologies is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Kandi Technologies by adding Kandi Technologies to a well-diversified portfolio.
Kandi Technologies Fundamentals Growth
Kandi Stock prices reflect investors' perceptions of the future prospects and financial health of Kandi Technologies, and Kandi Technologies fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Kandi Stock performance.
| Return On Equity | 0.0042 | ||||
| Return On Asset | -0.0148 | ||||
| Profit Margin | 0.0001 % | ||||
| Operating Margin | (0.25) % | ||||
| Current Valuation | 146.52 M | ||||
| Shares Outstanding | 87.36 M | ||||
| Price To Earning | 11.10 X | ||||
| Price To Book | 0.45 X | ||||
| Price To Sales | 1.48 X | ||||
| Revenue | 123.6 M | ||||
| EBITDA | 301.05 K | ||||
| Cash And Equivalents | 160.27 M | ||||
| Cash Per Share | 2.12 X | ||||
| Total Debt | 41.53 M | ||||
| Debt To Equity | 0.05 % | ||||
| Book Value Per Share | 4.63 X | ||||
| Cash Flow From Operations | (68.53 M) | ||||
| Total Asset | 495.46 M | ||||
| Retained Earnings | (16.33 M) | ||||
| Current Asset | 190.87 M | ||||
| Current Liabilities | 130.95 M | ||||
About Kandi Technologies Performance
To evaluate Kandi Technologies Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Kandi Technologies generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Kandi Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Kandi Technologies market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Kandi's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Kandi Technologies Group, Inc. designs, develops, manufactures, and commercializes electric vehicle products and parts, and off-road vehicles in the Peoples Republic of China and internationally. Kandi Technologies Group, Inc. was founded in 2002 and is headquartered in Jinhua, the Peoples Republic of China. Kandi Techs operates under Auto Parts And Components classification in the United States and is traded on NASDAQ Exchange. It employs 837 people.Things to note about Kandi Technologies performance evaluation
Checking the ongoing alerts about Kandi Technologies for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Kandi Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Kandi Technologies generated a negative expected return over the last 90 days | |
| Kandi Technologies Group currently holds about 160.27 M in cash with (68.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.12. | |
| Roughly 17.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Kandi Technologies' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Kandi Technologies' stock is overvalued or undervalued compared to its peers.
- Examining Kandi Technologies' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Kandi Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Kandi Technologies' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Kandi Technologies' stock. These opinions can provide insight into Kandi Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kandi Technologies Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Kandi Technologies information on this page should be used as a complementary analysis to other Kandi Technologies' 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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Kandi Stock analysis
When running Kandi Technologies' price analysis, check to measure Kandi Technologies' 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 Kandi Technologies is operating at the current time. Most of Kandi Technologies' value examination focuses on studying past and present price action to predict the probability of Kandi Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kandi Technologies' price. Additionally, you may evaluate how the addition of Kandi Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Kandi Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kandi Technologies. If investors know Kandi will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kandi Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Kandi Technologies is measured differently than its book value, which is the value of Kandi that is recorded on the company's balance sheet. Investors also form their own opinion of Kandi Technologies' value that differs from its market value or its book value, called intrinsic value, which is Kandi Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kandi Technologies' market value can be influenced by many factors that don't directly affect Kandi Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kandi Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kandi Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kandi Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.