Kaixin Auto Holdings Stock Market Value
| KXIN Stock | USD 1.03 0.02 1.98% |
| Symbol | Kaixin |
Kaixin Auto Holdings Price To Book Ratio
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 | Quarterly Revenue Growth (0.74) | Return On Assets | Return On Equity |
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.
Kaixin Auto 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Kaixin Auto's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Kaixin Auto.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Kaixin Auto on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Kaixin Auto Holdings or generate 0.0% return on investment in Kaixin Auto over 90 days. Kaixin Auto is related to or competes with Vroom, Common, Cango, Cars, KAR Auction, Rush Enterprises, Rush Enterprises, and Kingsway Financial. Kaixin Auto Holdings primarily engages in the sale of domestic and imported automobiles in the Peoples Republic of China More
Kaixin Auto Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Kaixin Auto's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Kaixin Auto Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 66.69 | |||
| Value At Risk | (7.43) | |||
| Potential Upside | 6.08 |
Kaixin Auto Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kaixin Auto's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kaixin Auto's standard deviation. In reality, there are many statistical measures that can use Kaixin Auto historical prices to predict the future Kaixin Auto's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.68) | |||
| Total Risk Alpha | 0.4597 | |||
| Treynor Ratio | (2.62) |
Kaixin Auto Holdings Backtested Returns
Kaixin Auto Holdings has Sharpe Ratio of -0.11, which conveys that the firm had a -0.11 % return per unit of risk over the last 3 months. Kaixin Auto exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kaixin Auto's Mean Deviation of 3.84, risk adjusted performance of (0.08), and Standard Deviation of 6.99 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.27, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kaixin Auto's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kaixin Auto is expected to be smaller as well. At this point, Kaixin Auto Holdings has a negative expected return of -0.78%. Please make sure to verify Kaixin Auto's maximum drawdown, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Kaixin Auto Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.62 |
Good predictability
Kaixin Auto Holdings has good predictability. Overlapping area represents the amount of predictability between Kaixin Auto time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Kaixin Auto Holdings price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Kaixin Auto price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Kaixin Auto Holdings lagged returns against current returns
Autocorrelation, which is Kaixin Auto stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Kaixin Auto's stock expected returns. We can calculate the autocorrelation of Kaixin Auto returns to help us make a trade decision. For example, suppose you find that Kaixin Auto has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Kaixin Auto regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Kaixin Auto stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kaixin Auto stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kaixin Auto stock over time.
Current vs Lagged Prices |
| Timeline |
Kaixin Auto Lagged Returns
When evaluating Kaixin Auto's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kaixin Auto stock have on its future price. Kaixin Auto autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Kaixin Auto autocorrelation shows the relationship between Kaixin Auto stock current value and its past values and can show if there is a momentum factor associated with investing in Kaixin Auto Holdings.
Regressed Prices |
| Timeline |
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 Kaixin Auto Correlation, Kaixin Auto Volatility and Kaixin Auto Alpha and Beta module to complement your research on Kaixin Auto. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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.