China Automotive Systems Stock Today
| CAAS Stock | USD 3.69 0.15 4.24% |
Performance0 of 100
| Odds Of DistressLess than 9
|
China Automotive is selling for under 3.69 as of the 19th of April 2024; that is 4.24 percent up since the beginning of the trading day. The stock's lowest day price was 3.65. China Automotive has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for China Automotive Systems are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of May 2022 and ending today, the 19th of April 2024. Click here to learn more.
China Automotive Systems, Inc., through its subsidiaries, manufactures and sells automotive systems and components in the Peoples Republic of China. China Automotive Systems, Inc. was incorporated in 1999 and is headquartered in Jingzhou, the Peoples Republic of China. The company has 30.19 M outstanding shares of which 5.53 K shares are currently shorted by private and institutional investors with about 0.17 trading days to cover. More on China Automotive Systems
Moving against China Stock
| 0.61 | LCID | Lucid Group Financial Report 13th of May 2024 | PairCorr |
| 0.54 | ADNT | Adient PLC Financial Report 1st of May 2024 | PairCorr |
| 0.52 | LI | Li AutoInc Financial Report 8th of May 2024 | PairCorr |
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China Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. China Automotive's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding China Automotive or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and Director | Qizhou Wu |
| Business Concentration | Automotive Parts & Equipment, Automobiles & Components, Consumer Discretionary, NASDAQ Composite, NASDAQ Composite Total, Consumer Discretionary, Automobile Components, Auto Parts, Consumer Cyclical (View all Sectors) |
China Automotive Systems (CAAS) is traded on NASDAQ Exchange in USA. It is located in No. 1 Henglong Road, Jingzhou, China, 434000 and employs 4,095 people. China Automotive is listed under Automotive Parts & Equipment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 105.04 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate China Automotive's market, we take the total number of its shares issued and multiply it by China Automotive's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. China Automotive Systems conducts business under Automobile Components sector and is part of Consumer Discretionary industry. The entity has 30.19 M outstanding shares of which 5.53 K shares are currently shorted by private and institutional investors with about 0.17 trading days to cover.
China Automotive Systems currently holds about 100.71 M in cash with 19.91 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.31.
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Ownership AllocationChina Automotive Systems retains a total of 30.19 Million outstanding shares. China Automotive Systems shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 64.73 percent of China Automotive Systems outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
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China Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of China Automotive jumping above the current price in 90 days from now is about 9.41%. The China Automotive Systems probability density function shows the probability of China Automotive stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days China Automotive has a beta of 0.0826 suggesting as returns on the market go up, China Automotive average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding China Automotive Systems will be expected to be much smaller as well. Additionally, china Automotive Systems has an alpha of 0.0196, implying that it can generate a 0.0196 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of China Automotive to move above the current price in 90 days from now is about 9.41 (This China Automotive Systems probability density function shows the probability of China Stock to fall within a particular range of prices over 90 days) .
China Automotive Systems Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. China Automotive market risk premium is the additional return an investor will receive from holding China Automotive long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in China Automotive. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although China Automotive's alpha and beta are two of the key measurements used to evaluate China Automotive's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0154 | |||
| Jensen Alpha | 0.0196 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | (0.01) |
China Stock Against Markets
Picking the right benchmark for China Automotive stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in China Automotive stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for China Automotive is critical whether you are bullish or bearish towards China Automotive Systems at a given time. Please also check how China Automotive's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in China Automotive without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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China Automotive Corporate Directors
China Automotive corporate directors refer to members of a China Automotive board of directors. The board of directors generally takes responsibility for the China Automotive's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of China Automotive's board members must vote for the resolution. The China Automotive board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Guangxun Xu | Independent Director | Profile | |
| Henry Lu | Independent Director | Profile | |
| Tong Teo | Independent Director | Profile | |
| Robert Tung | Independent Director | Profile |
How to buy China Stock?
Before investing in China Automotive, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in China Automotive. To buy China Automotive stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of China Automotive. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase China Automotive stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located China Automotive Systems stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased China Automotive Systems stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as China Automotive Systems, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy China Stock please use our How to Invest in China Automotive guide.
Already Invested in China Automotive Systems?
The danger of trading China Automotive Systems is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of China Automotive is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than China Automotive. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile China Automotive Systems is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether China Automotive Systems is a strong investment it is important to analyze China Automotive's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact China Automotive's future performance. For an informed investment choice regarding China Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Automotive Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the China Automotive Systems information on this page should be used as a complementary analysis to other China Automotive's 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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary 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.
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Is China Automotive's 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 China Automotive. If investors know China 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 China Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of China Automotive Systems is measured differently than its book value, which is the value of China that is recorded on the company's balance sheet. Investors also form their own opinion of China Automotive's value that differs from its market value or its book value, called intrinsic value, which is China Automotive'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 China Automotive's market value can be influenced by many factors that don't directly affect China Automotive'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 China Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if China Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Automotive'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.