Cbak Energy Technology Stock Price on May 14, 2024
| CBAT Stock | USD 0.94 0.01 1.05% |
Below is the normalized historical share price chart for CBAK Energy Technology extending back to September 25, 2002. 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 CBAK Energy stands at 0.94, as last reported on the 30th of November, with the highest price reaching 1.04 and the lowest price hitting 0.94 during the day.
If you're considering investing in CBAK Stock, it is important to understand the factors that can impact its price. CBAK Energy Technology retains Efficiency (Sharpe Ratio) of -0.0089, which signifies that the company had a -0.0089% return per unit of risk over the last 3 months. CBAK Energy exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CBAK Energy's market risk adjusted performance of (0.17), and Variance of 18.07 to double-check the risk estimate we provide.
At this time, CBAK Energy's Common Stock Shares Outstanding is comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 270.4 M in 2024, whereas Treasury Stock is likely to drop (3.8 M) in 2024. . At this time, CBAK Energy's Price Book Value Ratio is comparatively stable compared to the past year. Price To Book Ratio is likely to gain to 0.87 in 2024, whereas Price Earnings To Growth Ratio is likely to drop 0.46 in 2024. CBAK Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 25th of September 2002 | 200 Day MA 1.1367 | 50 Day MA 1.0514 | Beta 1.904 |
CBAK |
Sharpe Ratio = -0.0089
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| Negative Returns | CBAT |
Estimated Market Risk
| 4.34 actual daily | 38 62% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CBAK Energy 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 CBAK Energy by adding CBAK Energy to a well-diversified portfolio.
Price Book 0.6528 | Enterprise Value Ebitda 3.3728 | Price Sales 0.3748 | Shares Float 71.5 M | Wall Street Target Price 2 |
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CBAK Energy Valuation on May 14, 2024
It is possible to determine the worth of CBAK Energy on a given historical date. On May 14, 2024 CBAK was worth 1.22 at the beginning of the trading date compared to the closed value of 1.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CBAK Energy stock. Still, in general, we apply an absolute valuation method to find CBAK Energy'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 CBAK Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CBAK Energy's related companies.
| Open | High | Low | Close | Volume | |
| 1.15 | 1.23 | 1.13 | 1.20 | 261,985 | |
05/14/2024 | 1.22 | 1.22 | 1.15 | 1.18 | 112,929 |
| 1.19 | 1.29 | 1.19 | 1.27 | 537,965 |
| Backtest CBAK Energy | | | CBAK Energy History | | | CBAK Energy Valuation | Previous | Next |
CBAK Energy Trading Date Momentum on May 14, 2024
| On May 15 2024 CBAK Energy Technology was traded for 1.27 at the closing time. The top price for the day was 1.29 and the lowest listed price was 1.19 . The trading volume for the day was 538 K. The trading history from May 15, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 7.63% . The overall trading delta against the current closing price is 2.54% . |
CBAK Energy Technology Fundamentals Correlations and Trends
By evaluating CBAK Energy'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 CBAK Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CBAK financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CBAK Energy Stock history
CBAK Energy 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 CBAK is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CBAK Energy Technology 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 CBAK Energy stock prices may prove useful in developing a viable investing in CBAK Energy
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 89.3 M | 93.7 M | |
| Net Loss | -10.9 M | -11.4 M |
CBAK Energy Stock Technical Analysis
CBAK Energy 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
CBAK Energy Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
CBAK Energy Technology 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.
CBAK Energy November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how CBAK Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CBAK Energy shares will generate the highest return on investment. By undertsting and applying CBAK Energy stock market strength indicators, traders can identify CBAK Energy Technology entry and exit signals to maximize returns
CBAK Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CBAK Energy's price direction in advance. Along with the technical and fundamental analysis of CBAK Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CBAK 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) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.79) | |||
| Treynor Ratio | (0.18) |
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Additional Tools for CBAK Stock Analysis
When running CBAK Energy's price analysis, check to measure CBAK Energy'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 CBAK Energy is operating at the current time. Most of CBAK Energy's value examination focuses on studying past and present price action to predict the probability of CBAK Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CBAK Energy's price. Additionally, you may evaluate how the addition of CBAK Energy to your portfolios can decrease your overall portfolio volatility.