China Automotive Systems Stock Technical Analysis
| CAAS Stock | USD 4.35 0.01 0.23% |
As of the 26th of November, China Automotive shows the Downside Deviation of 2.41, mean deviation of 2.09, and Risk Adjusted Performance of 0.0721. China Automotive Systems technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm China Automotive Systems variance, as well as the relationship between the maximum drawdown and semi variance to decide if China Automotive Systems is priced correctly, providing market reflects its regular price of 4.35 per share. Given that China Automotive has jensen alpha of 0.2008, we suggest you to validate China Automotive Systems's prevailing market performance to make sure the company can sustain itself at a future point.
China Automotive Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as China, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ChinaChina |
China Automotive Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 7.5 | Strong Sell | 0 | Odds |
Most China analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand China stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of China Automotive Systems, talking to its executives and customers, or listening to China conference calls.
China Analyst Advice DetailsChina 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.
China Automotive Systems Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of China Automotive Systems volatility. High ATR values indicate high volatility, and low values indicate low volatility.
China Automotive Systems Trend Analysis
Use this graph to draw trend lines for China Automotive Systems. You can use it to identify possible trend reversals for China Automotive as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual China Automotive price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.China Automotive Best Fit Change Line
The following chart estimates an ordinary least squares regression model for China Automotive Systems applied against its price change over selected period. The best fit line has a slop of 0.02 , which means China Automotive Systems will continue generating value for investors. It has 122 observation points and a regression sum of squares at 13.06, which is the sum of squared deviations for the predicted China Automotive price change compared to its average price change.About China Automotive Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of China Automotive Systems on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of China Automotive Systems based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on China Automotive Systems price pattern first instead of the macroeconomic environment surrounding China Automotive Systems. By analyzing China Automotive's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of China Automotive's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to China Automotive specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2023 (projected) | Days Sales Outstanding | 154.16 | 170.61 | PTB Ratio | 0.26 | 0.28 |
China Automotive November 26, 2024 Technical Indicators
Most technical analysis of China help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for China from various momentum indicators to cycle indicators. When you analyze China charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Volume Indicators |
| Risk Adjusted Performance | 0.0721 | |||
| Market Risk Adjusted Performance | 0.5823 | |||
| Mean Deviation | 2.09 | |||
| Semi Deviation | 2.18 | |||
| Downside Deviation | 2.41 | |||
| Coefficient Of Variation | 1184.1 | |||
| Standard Deviation | 3.12 | |||
| Variance | 9.72 | |||
| Information Ratio | 0.0432 | |||
| Jensen Alpha | 0.2008 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.0558 | |||
| Treynor Ratio | 0.5723 | |||
| Maximum Drawdown | 22.17 | |||
| Value At Risk | (3.86) | |||
| Potential Upside | 4.39 | |||
| Downside Variance | 5.82 | |||
| Semi Variance | 4.74 | |||
| Expected Short fall | (2.56) | |||
| Skewness | 1.75 | |||
| Kurtosis | 7.54 |
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.