Kandi Technologies Group Stock Technical Analysis
| KNDI Stock | USD 2.40 0.18 8.11% |
As of the 17th of April 2024, Kandi Technologies secures the Standard Deviation of 2.33, risk adjusted performance of (0.1), and Mean Deviation of 1.79. Kandi Technologies Group technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to break down thirteen technical drivers for Kandi Technologies, which can be compared to its peers in the industry. Please verify Kandi Technologies information ratio and potential upside to decide if Kandi Technologies Group is priced some-what accurately, providing market reflects its recent price of 2.4 per share. Please also check out Kandi Technologies jensen alpha, which is currently at (0.41) to check the company can sustain itself at a future point.
Kandi Technologies Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Kandi, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to KandiKandi |
Kandi Technologies Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 5.0 | Strong Sell | 0 | Odds |
Most Kandi 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 Kandi stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Kandi Technologies, talking to its executives and customers, or listening to Kandi conference calls.
Kandi Analyst Advice DetailsKandi 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.
Kandi Technologies Technical Analysis
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. 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 Kandi Technologies volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Kandi Technologies Trend Analysis
Use this graph to draw trend lines for Kandi Technologies Group. You can use it to identify possible trend reversals for Kandi Technologies 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 Kandi Technologies price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Kandi Technologies Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Kandi Technologies Group applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that Kandi Technologies Group market price will keep on failing further. It has 122 observation points and a regression sum of squares at 6.0, which is the sum of squared deviations for the predicted Kandi Technologies price change compared to its average price change.About Kandi Technologies 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 Kandi Technologies Group 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 Kandi Technologies Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Kandi Technologies price pattern first instead of the macroeconomic environment surrounding Kandi Technologies. By analyzing Kandi Technologies'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 Kandi Technologies'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 Kandi Technologies specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.059 | 0.0531 | 0.0558 | Price To Sales Ratio | 1.48 | 1.78 | 1.97 |
Kandi Technologies April 17, 2024 Technical Indicators
Most technical analysis of Kandi 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 Kandi from various momentum indicators to cycle indicators. When you analyze Kandi 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.1) | |||
| Market Risk Adjusted Performance | (1.16) | |||
| Mean Deviation | 1.79 | |||
| Coefficient Of Variation | (601.52) | |||
| Standard Deviation | 2.33 | |||
| Variance | 5.44 | |||
| Information Ratio | (0.19) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | (1.17) | |||
| Maximum Drawdown | 11.12 | |||
| Value At Risk | (3.77) | |||
| Potential Upside | 3.35 | |||
| Skewness | 0.6431 | |||
| Kurtosis | 0.527 |
Kandi Technologies April 17, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Kandi stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 87,737 | ||
| Daily Balance Of Power | 0.25 | ||
| Rate Of Daily Change | 1.08 | ||
| Day Median Price | 2.62 | ||
| Day Typical Price | 2.55 | ||
| Price Action Indicator | (0.13) |
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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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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| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
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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.