Kandi Technologies Group Stock Today
| KNDI Stock | USD 2.63 0.23 9.58% |
Performance2 of 100
| Odds Of DistressLess than 11
|
Kandi Technologies is trading at 2.63 as of the 19th of April 2024. This is a 9.58 percent increase since the beginning of the trading day. The stock's open price was 2.4. Kandi Technologies has less than a 11 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Kandi Technologies Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Automobiles & Components | IPO Date 4th of September 2007 | Category Consumer Cyclical | Classification Consumer Discretionary |
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. The company has 87.36 M outstanding shares of which 1.46 M shares are now shorted by private and institutional investors with about 13.61 trading days to cover. More on Kandi Technologies Group
Moving together with Kandi Stock
| 0.78 | EGOX | NexteGO NV Ordinary | PairCorr |
Moving against Kandi Stock
| 0.87 | MOD | Modine Manufacturing Financial Report 22nd of May 2024 | PairCorr |
| 0.83 | W | Wayfair Sell-off Trend | PairCorr |
| 0.83 | AN | AutoNation Earnings Call This Week | PairCorr |
| 0.81 | DIBS | 1StdibsCom Financial Report 8th of May 2024 | PairCorr |
| 0.77 | TM | Toyota Motor Financial Report 8th of May 2024 | PairCorr |
| 0.74 | F | Ford Motor Earnings Call This Week | PairCorr |
| 0.59 | GNTX | Gentex Earnings Call This Week | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores
Kandi 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. Kandi Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Kandi Technologies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO President | Xueqin Dong | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Disruptive Technologies (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Automotive Parts & Equipment, Automobiles & Components, Consumer Discretionary, NASDAQ Composite, NASDAQ Composite Total, Disruptive Technologies, Consumer Discretionary, Automobile Components, Auto Parts, Consumer Cyclical (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Kandi Technologies report their recommendations after researching Kandi Technologies' financial statements, talking to executives and customers, or listening in on Kandi Technologies' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Kandi Technologies. The Kandi consensus assessment is calculated by taking the average forecast from all of the analysts covering Kandi Technologies. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Kandi Technologies' liquidity, profitability, solvency, and operating efficiency, Kandi Technologies Group is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in May. Financial strength of Kandi Technologies is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Kandi Technologies' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Kandi Technologies' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Kandi Technologies' financial leverage. It provides some insight into what part of Kandi Technologies' total assets is financed by creditors.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Kandi Technologies Group (KNDI) is traded on NASDAQ Exchange in USA. It is located in Jinhua New Energy Vehicle Town, Jinhua, China, 321016 and employs 840 people. Kandi Technologies is listed under Automotive Parts & Equipment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 193.94 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Kandi Technologies's market, we take the total number of its shares issued and multiply it by Kandi Technologies'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. Kandi Technologies conducts business under Automobile Components sector and is part of Consumer Discretionary industry. The entity has 87.36 M outstanding shares of which 1.46 M shares are now shorted by private and institutional investors with about 13.61 trading days to cover.
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.
Check Kandi Technologies Probability Of Bankruptcy
Ownership AllocationKandi Technologies maintains a total of 87.36 Million outstanding shares. Kandi Technologies Group secures 16.86 % of its outstanding shares held by insiders and 3.776999999999999 % owned by institutional investors. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Kandi Ownership Details
Kandi Stock Price Odds Analysis
Coming from a normal probability distribution, the odds of Kandi Technologies jumping above the current price in 90 days from now is about 21.43%. The Kandi Technologies Group probability density function shows the probability of Kandi Technologies stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Kandi Technologies has a beta of 0.063. This indicates as returns on the market go up, Kandi Technologies average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Kandi Technologies Group will be expected to be much smaller as well. Additionally, kandi Technologies Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Kandi Technologies to move above the current price in 90 days from now is about 21.43 (This Kandi Technologies Group probability density function shows the probability of Kandi Stock to fall within a particular range of prices over 90 days) .
Kandi Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Kandi Technologies that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Kandi Technologies' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Kandi Technologies' value.| Instituion | Recorded On | Shares | |
| Quadrature Capital Llp | 2023-12-31 | 64.1 K | |
| Walleye Trading Advisors, Llc | 2023-12-31 | 57 K | |
| Two Sigma Investments Llc | 2023-12-31 | 51.2 K | |
| Marshall Wace Asset Management Ltd | 2023-12-31 | 51.1 K | |
| Two Sigma Advisers, Llc | 2023-12-31 | 47.4 K | |
| Geode Capital Management, Llc | 2023-12-31 | 44.6 K | |
| Group One Trading, Lp | 2023-12-31 | 32.5 K | |
| Hanson Mcclain Inc | 2023-12-31 | 29 K | |
| Quadrant Private Wealth Management, Llc | 2023-12-31 | 22.6 K | |
| D. E. Shaw & Co Lp | 2023-09-30 | 1 M | |
| Bridgeway Capital Management, Llc | 2023-12-31 | 722.2 K |
Kandi Technologies Historical Income Statement
Kandi Technologies Group Income Statement is one of the three primary financial statements used for reporting Kandi's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Kandi Technologies revenue and expense. Kandi Technologies Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Kandi Technologies' Income Before Tax is decreasing as compared to previous years. The Kandi Technologies' current Total Other Income Expense Net is estimated to increase to about 15.8 M, while Other Operating Expenses is projected to decrease to under 88.1 M. View More FundamentalsKandi Stock Against Markets
Picking the right benchmark for Kandi Technologies 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 Kandi Technologies 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 Kandi Technologies is critical whether you are bullish or bearish towards Kandi Technologies Group at a given time. Please also check how Kandi Technologies' 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 Kandi Technologies 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?
Run Money Managers Now
Money ManagersScreen money managers from public funds and ETFs managed around the world |
| All Next | Launch Module |
Kandi Technologies Corporate Directors
Kandi Technologies corporate directors refer to members of a Kandi Technologies board of directors. The board of directors generally takes responsibility for the Kandi Technologies' 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 Kandi Technologies' board members must vote for the resolution. The Kandi Technologies board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Jerry Lewin | Independent Director | Profile | |
| Guangzheng Ni | Independent Director | Profile | |
| Xiaoying Zhu | CFO and Director | Profile | |
| Liming Chen | Independent Director | Profile |
How to buy Kandi Stock?
Before investing in Kandi Technologies, 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 Kandi Technologies. To buy Kandi Technologies stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Kandi Technologies. 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 Kandi Technologies stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Kandi Technologies Group 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 Kandi Technologies Group 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 Kandi Technologies Group, 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. For more information on how to buy Kandi Stock please use our How to Invest in Kandi Technologies guide.
Already Invested in Kandi Technologies Group?
The danger of trading Kandi Technologies Group 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 Kandi Technologies 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 Kandi Technologies. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Kandi Technologies 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.
When determining whether Kandi Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kandi Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kandi Technologies Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kandi Technologies Group Stock: 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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.
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal |
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.
Quarterly Earnings Growth 1.137 | Revenue Per Share 1.569 | Quarterly Revenue Growth (0.26) | Return On Assets (0.01) | Return On Equity 0.0042 |
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.