Kandi Technologies Group Stock Price on March 3, 2023

KNDI Stock  USD 1.23  0.03  2.38%   
Below is the normalized historical share price chart for Kandi Technologies Group extending back to December 27, 2006. 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 Kandi Technologies stands at 1.23, as last reported on the 29th of November, with the highest price reaching 1.26 and the lowest price hitting 1.21 during the day.
IPO Date
4th of September 2007
200 Day MA
1.9871
50 Day MA
1.5366
Beta
1.403
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Kandi Stock, it is important to understand the factors that can impact its price. Kandi Technologies has Sharpe Ratio of -0.0843, which conveys that the firm had a -0.0843% return per unit of risk over the last 3 months. Kandi Technologies exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kandi Technologies' Mean Deviation of 3.38, risk adjusted performance of (0.06), and Standard Deviation of 4.73 to check out the risk estimate we provide.
  
As of now, Kandi Technologies' Total Stockholder Equity is increasing as compared to previous years. The Kandi Technologies' current Other Stockholder Equity is estimated to increase to about 480.2 M, while Common Stock Total Equity is projected to decrease to under 66.4 K. . As of now, Kandi Technologies' Price To Sales Ratio is decreasing as compared to previous years. The Kandi Technologies' current Price Earnings Ratio is estimated to increase to about 32.5 K, while Price Book Value Ratio is projected to decrease to 0.52. Kandi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0843

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Negative ReturnsKNDI

Estimated Market Risk

 4.84
  actual daily
43
57% of assets are more volatile

Expected Return

 -0.41
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  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.
Price Book
0.2664
Enterprise Value Ebitda
22.5144
Price Sales
0.8703
Shares Float
71.8 M
Wall Street Target Price
5

Related Headline

Fox Factory Headline on 3rd of March 2023

Filed transaction by Fox Factory Holding Corp officer. Grant, award or other acquisition pursuant to Rule 16b-3(d)

Kandi Technologies Valuation on March 3, 2023

It is possible to determine the worth of Kandi Technologies on a given historical date. On March 3, 2023 Kandi was worth 2.32 at the beginning of the trading date compared to the closed value of 2.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kandi Technologies stock. Still, in general, we apply an absolute valuation method to find Kandi Technologies' 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 Kandi Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kandi Technologies' related companies.
 Open High Low Close Volume
  2.28    2.34    2.28    2.34    55,687  
03/03/2023
  2.32    2.53    2.32    2.46    233,627  
  2.48    2.50    2.42    2.43    136,641  
Backtest Kandi Technologies  |  Kandi Technologies History  |  Kandi Technologies Valuation   PreviousNext  
Open Value
2.32
2.46
Closing Value
16.85
Upside

Kandi Technologies Trading Date Momentum on March 3, 2023

On March 06 2023 Kandi Technologies Group was traded for  2.43  at the closing time. The top price for the day was 2.50  and the lowest listed price was  2.42 . The trading volume for the day was 136.6 K. The trading history from March 6, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.22% . The trading delta at closing time against the current closing price is 8.54% .

Kandi Technologies Fundamentals Correlations and Trends

By evaluating Kandi Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Kandi Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kandi financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Kandi Technologies Stock history

Kandi Technologies 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 Kandi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kandi Technologies 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 Kandi Technologies stock prices may prove useful in developing a viable investing in Kandi Technologies
Last ReportedProjected for Next Year
Common Stock Shares Outstanding79.9 M44.1 M
Net Loss-10.9 M-10.4 M

Kandi Technologies Quarterly Net Working Capital

274.92 Million

Kandi Technologies Stock Technical Analysis

Kandi Technologies 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.
A focus of Kandi Technologies technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Kandi Technologies trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Kandi Technologies Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Kandi Technologies Group 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.

Kandi Technologies November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Kandi Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kandi Technologies shares will generate the highest return on investment. By undertsting and applying Kandi Technologies stock market strength indicators, traders can identify Kandi Technologies Group entry and exit signals to maximize returns

Kandi Technologies Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Kandi Technologies' price direction in advance. Along with the technical and fundamental analysis of Kandi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kandi 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.

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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