Kandi Technologies Group Stock Probability of Future Stock Price Finishing Under 5.13

KNDI Stock  USD 2.07  0.01  0.48%   
Kandi Technologies' implied volatility is one of the determining factors in the pricing options written on Kandi Technologies Group. Implied volatility approximates the future value of Kandi Technologies based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Kandi Technologies Group over a specific time period. For example, 2024-04-19 CALL at $2.0 is a CALL option contract on Kandi Technologies' common stock with a strick price of 2.0 expiring on 2024-04-19. The contract was last traded on 2024-03-25 at 09:30:02 for $0.25 and, as of today, has 22 days remaining before the expiration. The option is currently trading at a bid price of $0.1, and an ask price of $0.25. The implied volatility as of the 28th of March is 67.08. View All Kandi options

Closest to current price Kandi long CALL Option Payoff at Expiration

Kandi Technologies' future price is the expected price of Kandi Technologies instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Kandi Technologies Group performance during a given time horizon utilizing its historical volatility. Check out Kandi Technologies Backtesting, Kandi Technologies Valuation, Kandi Technologies Correlation, Kandi Technologies Hype Analysis, Kandi Technologies Volatility, Kandi Technologies History as well as Kandi Technologies Performance.
  
As of now, Kandi Technologies' Price Earnings Ratio is increasing as compared to previous years. The Kandi Technologies' current Price To Sales Ratio is estimated to increase to 1.97, while Price Book Value Ratio is projected to decrease to 0.52. Please specify Kandi Technologies' target price for which you would like Kandi Technologies odds to be computed.

Kandi Technologies Target Price Odds to finish below 5.13

The tendency of Kandi Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to stay under $ 5.13  after 90 days
 2.07 90 days 5.13 
close to 99
Based on a normal probability distribution, the odds of Kandi Technologies to stay under $ 5.13  after 90 days from now is close to 99 (This Kandi Technologies Group probability density function shows the probability of Kandi Stock to fall within a particular range of prices over 90 days) . Probability of Kandi Technologies price to stay between its current price of $ 2.07  and $ 5.13  at the end of the 90-day period is close to 99 .
Given the investment horizon of 90 days Kandi Technologies has a beta of 0.66. This indicates as returns on the market go up, Kandi Technologies average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Kandi Technologies Group will be expected to be much smaller as well. Additionally Kandi Technologies Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
   Kandi Technologies Price Density   
       Price  

Predictive Modules for Kandi Technologies

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kandi Technologies. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kandi Technologies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.102.054.36
Details
Intrinsic
Valuation
LowRealHigh
0.552.865.17
Details
Naive
Forecast
LowNextHigh
0.042.054.36
Details
0 Analysts
Consensus
LowTargetHigh
4.555.005.55
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Kandi Technologies. Your research has to be compared to or analyzed against Kandi Technologies' peers to derive any actionable benefits. When done correctly, Kandi Technologies' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Kandi Technologies.

Kandi Technologies Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Kandi Technologies is not an exception. The market had few large corrections towards the Kandi Technologies' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Kandi Technologies Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kandi Technologies within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.52
β
Beta against NYSE Composite0.66
σ
Overall volatility
0.22
Ir
Information ratio -0.24

Kandi Technologies Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Kandi Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kandi Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Kandi Technologies generated a negative expected return over the last 90 days
Kandi Technologies Group currently holds about 160.27 M in cash with (68.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.12, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Roughly 17.0% of the company outstanding shares are owned by corporate insiders
Latest headline from news.google.com: Kandi Technologies Group Stock Price Passes Below Two Hundred Day Moving Average of 2.90 - Defense World

Kandi Technologies Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Kandi Stock often depends not only on the future outlook of the current and potential Kandi Technologies' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Kandi Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding79.9 M
Cash And Short Term Investments127.6 M

Kandi Technologies Technical Analysis

Kandi Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Kandi Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kandi Technologies Group. In general, you should focus on analyzing Kandi Stock price patterns and their correlations with different microeconomic environments and drivers.

Kandi Technologies Predictive Forecast Models

Kandi Technologies' time-series forecasting models is one of many Kandi Technologies' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Kandi Technologies' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Kandi Technologies

Checking the ongoing alerts about Kandi Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kandi Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Kandi Technologies generated a negative expected return over the last 90 days
Kandi Technologies Group currently holds about 160.27 M in cash with (68.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.12, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Roughly 17.0% of the company outstanding shares are owned by corporate insiders
Latest headline from news.google.com: Kandi Technologies Group Stock Price Passes Below Two Hundred Day Moving Average of 2.90 - Defense World
When determining whether Kandi Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kandi Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kandi Technologies Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kandi Technologies Group Stock:
Check out Kandi Technologies Backtesting, Kandi Technologies Valuation, Kandi Technologies Correlation, Kandi Technologies Hype Analysis, Kandi Technologies Volatility, Kandi Technologies History as well as Kandi Technologies Performance.
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 Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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.