China Automotive Systems Stock Price on December 19, 2024

CAAS Stock  USD 4.13  0.26  6.72%   
Below is the normalized historical share price chart for China Automotive Systems extending back to March 24, 2003. 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 China Automotive stands at 4.13, as last reported on the 24th of December, with the highest price reaching 4.17 and the lowest price hitting 3.88 during the day.
IPO Date
7th of October 2003
200 Day MA
3.7785
50 Day MA
4.2638
Beta
2.448
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. China Automotive appears to be moderately volatile, given 3 months investment horizon. China Automotive Systems secures Sharpe Ratio (or Efficiency) of 0.0685, which signifies that the company had a 0.0685% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for China Automotive Systems, which you can use to evaluate the volatility of the firm. Please makes use of China Automotive's Mean Deviation of 2.41, downside deviation of 2.74, and Risk Adjusted Performance of 0.0769 to double-check if our risk estimates are consistent with your expectations.
  
Common Stock Shares Outstanding is likely to gain to about 30.3 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 190.3 M in 2024. . Price Earnings To Growth Ratio is likely to gain to 0.03 in 2024, whereas Price To Sales Ratio is likely to drop 0.16 in 2024. China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0685

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsCAAS
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 3.44
  actual daily
30
70% of assets are more volatile

Expected Return

 0.24
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average China Automotive is performing at about 5% of its full potential. 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 China Automotive by adding it to a well-diversified portfolio.
Price Book
0.3561
Enterprise Value Ebitda
2.5282
Price Sales
0.201
Shares Float
10.6 M
Wall Street Target Price
7.5

Related Headline

Dorman Products Headline on 19th of December 2024

Here is how Blue Bird and Dorman Products have performed compared to their sector so far this year.

China Automotive Valuation on December 19, 2024

It is possible to determine the worth of China Automotive on a given historical date. On December 19, 2024 China was worth 4.0 at the beginning of the trading date compared to the closed value of 3.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Automotive stock. Still, in general, we apply an absolute valuation method to find China Automotive's 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 China Automotive where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Automotive's related companies.
 Open High Low Close Volume
  3.98    3.99    3.76    3.88    93,126  
12/19/2024
  4.00    4.00    3.78    3.87    46,794  
  3.88    4.17    3.88    4.13    69,417  
Backtest China Automotive  |  China Automotive History  |  China Automotive Valuation   PreviousNext  
Open Value
4.0
3.87
Closing Value
14.32
Upside

China Automotive Trading Date Momentum on December 19, 2024

On December 20 2024 China Automotive Systems was traded for  4.13  at the closing time. The top price for the day was 4.17  and the lowest listed price was  3.88 . The trading volume for the day was 69.4 K. The trading history from December 20, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 6.72% . The overall trading delta against the current closing price is 0.26% .

China Automotive Systems Fundamentals Correlations and Trends

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

About China Automotive Stock history

China Automotive 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 China is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in China Automotive Systems 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 China Automotive stock prices may prove useful in developing a viable investing in China Automotive
Last ReportedProjected for Next Year
Common Stock Shares Outstanding30.2 M30.3 M
Net Income Applicable To Common Shares19.1 M11.9 M

China Automotive Quarterly Net Working Capital

156.62 Million

China Automotive Stock Technical Analysis

China 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.
A focus of China Automotive technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of China Automotive 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

China Automotive Period Price Range

Low
December 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

China Automotive Systems 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.

China Automotive December 24, 2024 Market Strength

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

China Automotive Technical and Predictive Indicators

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

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.