Kandi Technologies Group Stock Price on November 7, 2023
| KNDI Stock | USD 2.52 0.02 0.79% |
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 2.52, as last reported on the 1st of May, with the highest price reaching 2.61 and the lowest price hitting 2.35 during the day.
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 -0.0247, which conveys that the firm had a -0.0247% 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' Standard Deviation of 2.75, risk adjusted performance of (0.01), and Mean Deviation of 2.05 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.
IPO Date 4th of September 2007 | 200 Day MA 2.9349 | 50 Day MA 2.3484 | Beta 1.479 |
Kandi |
Sharpe Ratio = -0.0247
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | KNDI |
Estimated Market Risk
| 2.72 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 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 0.4518 | Enterprise Value Ebitda 9.3581 | Price Sales 1.4772 | Shares Float 72.6 M | Wall Street Target Price 5 |
Related Headline
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Kandi Technologies Valuation on November 7, 2023
It is possible to determine the worth of Kandi Technologies on a given historical date. On November 7, 2023 Kandi was worth 3.32 at the beginning of the trading date compared to the closed value of 3.35. 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 | |
| 3.35 | 3.39 | 3.30 | 3.31 | 108,819 | |
11/07/2023 | 3.32 | 3.41 | 3.32 | 3.35 | 69,200 |
| 3.43 | 3.44 | 3.33 | 3.36 | 75,237 |
| Backtest Kandi Technologies | | | Kandi Technologies History | | | Kandi Technologies Valuation | Previous | Next |
Kandi Technologies Trading Date Momentum on November 7, 2023
| On November 08 2023 Kandi Technologies Group was traded for 3.36 at the closing time. The top price for the day was 3.44 and the lowest listed price was 3.33 . The trading volume for the day was 75.2 K. The trading history from November 8, 2023 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 0.30% . The trading delta at closing time against the current closing price is 17.31% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 79.9 M | 44.1 M | |
| Net Loss | -10.9 M | -10.4 M |
Kandi Technologies Quarterly Net Working Capital |
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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.
Price Boundaries
Kandi Technologies Period Price Range
Low | November 7, 2023
| High |
3.32 | 3.35 |
Kandi Technologies May 1, 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
| Accumulation Distribution | 1826.39 | |||
| Daily Balance Of Power | 0.3333 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 3.37 | |||
| Day Typical Price | 3.36 | |||
| Period Momentum Indicator | (0.83) | |||
| Relative Strength Index | 54.46 |
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.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.63) |
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| Math Transform | ||
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| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kandi Technologies Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Kandi Technologies information on this page should be used as a complementary analysis to other Kandi Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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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Is Kandi Technologies' industry 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 Kandi Technologies. If investors know Kandi 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 Kandi Technologies 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 1.137 | Revenue Per Share 1.569 | Quarterly Revenue Growth (0.26) | Return On Assets (0.01) | Return On Equity 0.0042 |
The market value of Kandi Technologies is measured differently than its book value, which is the value of Kandi that is recorded on the company's balance sheet. Investors also form their own opinion of Kandi Technologies' value that differs from its market value or its book value, called intrinsic value, which is Kandi Technologies' 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 Kandi Technologies' market value can be influenced by many factors that don't directly affect Kandi Technologies' 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 Kandi Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kandi Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kandi Technologies' 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.