Kaixin Auto Holdings Stock Price on July 31, 2024

KXIN Stock  USD 1.48  0.09  5.73%   
Below is the normalized historical share price chart for Kaixin Auto Holdings extending back to November 06, 2017. 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 Kaixin Auto stands at 1.48, as last reported on the 25th of December, with the highest price reaching 1.59 and the lowest price hitting 1.40 during the day.
IPO Date
6th of November 2017
200 Day MA
7.2695
50 Day MA
3.866
Beta
1.146
 
Covid
If you're considering investing in Kaixin Stock, it is important to understand the factors that can impact its price. Kaixin Auto appears to be out of control, given 3 months investment horizon. Kaixin Auto Holdings has Sharpe Ratio of 0.0174, which conveys that the firm had a 0.0174% return per unit of risk over the last 3 months. By analyzing Kaixin Auto's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please exercise Kaixin Auto's Downside Deviation of 13.72, risk adjusted performance of 0.0384, and Mean Deviation of 14.5 to check out if our risk estimates are consistent with your expectations.
  
At this time, Kaixin Auto's Total Stockholder Equity is very stable compared to the past year. As of the 25th of December 2024, Other Stockholder Equity is likely to grow to about 419.1 M, while Common Stock Total Equity is likely to drop 5,130. . At this time, Kaixin Auto's Price Book Value Ratio is very stable compared to the past year. As of the 25th of December 2024, Price To Book Ratio is likely to grow to 19.98, while Price To Sales Ratio is likely to drop 36.40. Kaixin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0174

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Estimated Market Risk

 29.95
  actual daily
96
96% of assets are less volatile

Expected Return

 0.52
  actual daily
10
90% of assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average Kaixin Auto is performing at about 1% 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 Kaixin Auto by adding it to a well-diversified portfolio.
Price Book
0.0611
Enterprise Value Ebitda
(0.72)
Price Sales
0.2085
Shares Float
842 K
Earnings Share
(129.04)

Kaixin Auto Main Headline on 31st of July 2024

BEIJING, July 31, 2024 -- Kaixin Holdings

Kaixin Auto Valuation on July 31, 2024

It is possible to determine the worth of Kaixin Auto on a given historical date. On July 31, 2024 Kaixin was worth 6.84 at the beginning of the trading date compared to the closed value of 6.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kaixin Auto stock. Still, in general, we apply an absolute valuation method to find Kaixin Auto'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 Kaixin Auto where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kaixin Auto's related companies.
 Open High Low Close Volume
  6.93    7.13    6.63    6.84    18,683  
07/31/2024
  6.84    6.96    6.66    6.72    102,417  
  7.08    7.14    6.12    6.30    160,922  
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Open Value
6.84
6.72
Closing Value
96.70
Upside

Kaixin Auto Trading Date Momentum on July 31, 2024

On August 01 2024 Kaixin Auto Holdings was traded for  6.30  at the closing time. The top price for the day was 7.14  and the lowest listed price was  6.12 . The trading volume for the day was 160.9 K. The trading history from August 1, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 6.25% . The trading delta at closing time against the current closing price is 10.71% .

Kaixin Auto Holdings Fundamentals Correlations and Trends

By evaluating Kaixin Auto'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 Kaixin Auto's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kaixin financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Kaixin Auto Stock history

Kaixin Auto 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 Kaixin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kaixin Auto Holdings 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 Kaixin Auto stock prices may prove useful in developing a viable investing in Kaixin Auto
Last ReportedProjected for Next Year
Common Stock Shares Outstanding22.9 M17.6 M
Net Loss-76.2 M-80 M

Kaixin Auto Stock Technical Analysis

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

Kaixin Auto Period Price Range

Low
December 25, 2024
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High

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Kaixin Auto December 25, 2024 Market Strength

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

Kaixin Auto Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Kaixin Auto's price direction in advance. Along with the technical and fundamental analysis of Kaixin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kaixin 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.
When determining whether Kaixin Auto Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kaixin Auto's 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 Kaixin Auto Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kaixin Auto Holdings Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kaixin Auto Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Automotive Retail space 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 Kaixin Auto. If investors know Kaixin 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 Kaixin Auto listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(129.04)
Revenue Per Share
18.145
Quarterly Revenue Growth
(0.74)
Return On Assets
(0.48)
Return On Equity
(1.34)
The market value of Kaixin Auto Holdings is measured differently than its book value, which is the value of Kaixin that is recorded on the company's balance sheet. Investors also form their own opinion of Kaixin Auto's value that differs from its market value or its book value, called intrinsic value, which is Kaixin Auto'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 Kaixin Auto's market value can be influenced by many factors that don't directly affect Kaixin Auto'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 Kaixin Auto's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kaixin Auto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kaixin Auto'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.