China Automotive Systems Stock Price on September 25, 2024
| CAAS Stock | USD 4.31 0.04 0.92% |
Below is the normalized historical share price chart for China Automotive Systems extending back to March 24, 2003. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of China Automotive stands at 4.31, as last reported on the 26th of November, with the highest price reaching 4.56 and the lowest price hitting 4.25 during the day.
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. China Automotive appears to be slightly risky, given 3 months investment horizon. China Automotive Systems secures Sharpe Ratio (or Efficiency) of 0.0936, which signifies that the company had a 0.0936% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for China Automotive Systems, which you can use to evaluate the volatility of the firm. Please makes use of China Automotive's Mean Deviation of 2.09, downside deviation of 2.41, and Risk Adjusted Performance of 0.0721 to double-check if our risk estimates are consistent with your expectations.
Common Stock Shares Outstanding is likely to gain to about 30.3 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 190.3 M in 2024. . Price Earnings To Growth Ratio is likely to gain to 0.03 in 2024, whereas Price To Sales Ratio is likely to drop 0.16 in 2024. China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 7th of October 2003 | 200 Day MA 3.7785 | 50 Day MA 4.2638 | Beta 2.448 |
China |
Sharpe Ratio = 0.0936
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Estimated Market Risk
| 3.14 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average China Automotive is performing at about 7% of its full potential. 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 China Automotive by adding it to a well-diversified portfolio.
Price Book 0.3751 | Enterprise Value Ebitda 2.6218 | Price Sales 0.2208 | Shares Float 10.6 M | Wall Street Target Price 7.5 |
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China Automotive Valuation on September 25, 2024
It is possible to determine the worth of China Automotive on a given historical date. On September 25, 2024 China was worth 3.64 at the beginning of the trading date compared to the closed value of 3.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Automotive stock. Still, in general, we apply an absolute valuation method to find China Automotive's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of China Automotive where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Automotive's related companies.
| Open | High | Low | Close | Volume | |
| 3.74 | 3.90 | 3.62 | 3.67 | 100,549 | |
09/25/2024 | 3.64 | 3.75 | 3.62 | 3.69 | 14,546 |
| 3.83 | 3.86 | 3.63 | 3.85 | 92,399 |
| Backtest China Automotive | | | China Automotive History | | | China Automotive Valuation | Previous | Next |
China Automotive Trading Date Momentum on September 25, 2024
| On September 26 2024 China Automotive Systems was traded for 3.85 at the closing time. The top price for the day was 3.86 and the lowest listed price was 3.63 . The trading volume for the day was 92.4 K. The trading history from September 26, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 4.34% . The overall trading delta against the current closing price is 29.54% . |
China Automotive Systems Fundamentals Correlations and Trends
By evaluating China Automotive's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among China Automotive's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. China financial account trend analysis is a perfect complement when working with valuation or volatility modules.About China Automotive Stock history
China Automotive investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for China is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in China Automotive Systems will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing China Automotive stock prices may prove useful in developing a viable investing in China Automotive
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 30.2 M | 30.3 M | |
| Net Income Applicable To Common Shares | 19.1 M | 11.9 M |
China Automotive Quarterly Net Working Capital |
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China Automotive Stock Technical Analysis
China Automotive technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
China Automotive Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
China Automotive Systems cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
China Automotive November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how China Automotive stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading China Automotive shares will generate the highest return on investment. By undertsting and applying China Automotive stock market strength indicators, traders can identify China Automotive Systems entry and exit signals to maximize returns
China Automotive Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for China Automotive's price direction in advance. Along with the technical and fundamental analysis of China Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of China to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0721 | |||
| Jensen Alpha | 0.2008 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.0558 | |||
| Treynor Ratio | 0.5723 |
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| Volume Indicators |
Additional Tools for China Stock Analysis
When running China Automotive's price analysis, check to measure China Automotive'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 China Automotive is operating at the current time. Most of China Automotive's value examination focuses on studying past and present price action to predict the probability of China Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Automotive's price. Additionally, you may evaluate how the addition of China Automotive to your portfolios can decrease your overall portfolio volatility.