Cbak Energy Technology Stock Market Value
| CBAT Stock | USD 0.95 0.05 5.56% |
| Symbol | CBAK |
CBAK Energy Technology Price To Book Ratio
Is Electrical Components & Equipment space 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 CBAK Energy. If investors know CBAK 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 CBAK Energy 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 (0.55) | Earnings Share 0.12 | Revenue Per Share 2.522 | Quarterly Revenue Growth 0.127 | Return On Assets 0.0533 |
The market value of CBAK Energy Technology is measured differently than its book value, which is the value of CBAK that is recorded on the company's balance sheet. Investors also form their own opinion of CBAK Energy's value that differs from its market value or its book value, called intrinsic value, which is CBAK Energy's 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 CBAK Energy's market value can be influenced by many factors that don't directly affect CBAK Energy's 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 CBAK Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if CBAK Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CBAK Energy's 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.
CBAK Energy 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to CBAK Energy's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of CBAK Energy.
| 01/06/2023 |
| 11/26/2024 |
If you would invest 0.00 in CBAK Energy on January 6, 2023 and sell it all today you would earn a total of 0.00 from holding CBAK Energy Technology or generate 0.0% return on investment in CBAK Energy over 690 days. CBAK Energy is related to or competes with Pioneer Power, Ocean Power, Ideal Power, Expion360, Polar Power, Lightbridge Corp, and Eos Energy. CBAK Energy Technology, Inc., together with its subsidiaries, develops, manufactures, and sells lithium batteries in Mai... More
CBAK Energy Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure CBAK Energy's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess CBAK Energy Technology upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 28.56 | |||
| Value At Risk | (5.61) | |||
| Potential Upside | 6.38 |
CBAK Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CBAK Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CBAK Energy's standard deviation. In reality, there are many statistical measures that can use CBAK Energy historical prices to predict the future CBAK Energy's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.84) | |||
| Treynor Ratio | (0.49) |
CBAK Energy Technology Backtested Returns
CBAK Energy Technology retains Efficiency (Sharpe Ratio) of -0.0325, which signifies that the company had a -0.0325% return per unit of risk over the last 3 months. CBAK Energy exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CBAK Energy's variance of 17.95, and Market Risk Adjusted Performance of (0.48) to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.38, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CBAK Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding CBAK Energy is expected to be smaller as well. At this point, CBAK Energy Technology has a negative expected return of -0.14%. Please make sure to confirm CBAK Energy's standard deviation and the relationship between the treynor ratio and day median price , to decide if CBAK Energy Technology performance from the past will be repeated at some future date.
Auto-correlation | 0.64 |
Good predictability
CBAK Energy Technology has good predictability. Overlapping area represents the amount of predictability between CBAK Energy time series from 6th of January 2023 to 17th of December 2023 and 17th of December 2023 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of CBAK Energy Technology price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current CBAK Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
CBAK Energy Technology lagged returns against current returns
Autocorrelation, which is CBAK Energy stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting CBAK Energy's stock expected returns. We can calculate the autocorrelation of CBAK Energy returns to help us make a trade decision. For example, suppose you find that CBAK Energy has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
CBAK Energy regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If CBAK Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CBAK Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CBAK Energy stock over time.
Current vs Lagged Prices |
| Timeline |
CBAK Energy Lagged Returns
When evaluating CBAK Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CBAK Energy stock have on its future price. CBAK Energy autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, CBAK Energy autocorrelation shows the relationship between CBAK Energy stock current value and its past values and can show if there is a momentum factor associated with investing in CBAK Energy Technology.
Regressed Prices |
| Timeline |
Thematic Opportunities
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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.