Cango Inc Stock Analysis

Cango Stock Analysis Notes

About 16.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.71. Some equities with similar Price to Book (P/B) outperform the market in the long run. Cango Inc last dividend was issued on the 25th of November 2022. Cango Inc. operates an automotive transaction service platform that connects dealers, original equipment manufacturer, financial institutions, car buyers, and other industry participants in the Peoples Republic of China. The company was founded in 2010 and is headquartered in Shanghai, the Peoples Republic of China. Cango Inc operates under Auto Truck Dealerships classification in the United States and is traded on New York Stock Exchange. It employs 2351 people. For more info on Cango Inc please contact Lin Jiayuan at 86 21 3183 5088 or go to https://ir.cangoonline.com.

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Cango Largest EPS Surprises

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Cango Environmental, Social, and Governance (ESG) Scores

Cango Stock Institutional Investors

Note, although Cango's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Cango Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 363.19 M.

Cango Profitablity

The company has Profit Margin (PM) of 0.53 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 1.04 %, which suggests for every 100 dollars of sales, it generated a net operating income of $1.04.

Management Efficiency

Cango Inc has return on total asset (ROA) of 0.0154 % which means that it generated a profit of $0.0154 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0354 %, meaning that it created $0.0354 on every $100 dollars invested by stockholders. Cango's management efficiency ratios could be used to measure how well Cango manages its routine affairs as well as how well it operates its assets and liabilities. The Cango's current Return On Tangible Assets is estimated to increase to -0.009. The Cango's current Return On Capital Employed is estimated to increase to -0.02. At this time, Cango's Other Assets are most likely to increase significantly in the upcoming years. The Cango's current Other Current Assets is estimated to increase to about 2.1 B, while Non Current Assets Total are projected to decrease to roughly 835.3 M.

Technical Drivers

As of the 26th of February, Cango shows the Downside Deviation of 7.73, mean deviation of 5.48, and Risk Adjusted Performance of 0.0413. Cango Inc technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Cango Inc maximum drawdown, and the relationship between the information ratio and downside variance to decide if Cango Inc is priced correctly, providing market reflects its regular price of 3.41 per share. Given that Cango has jensen alpha of 0.3636, we suggest you to validate Cango Inc's prevailing market performance to make sure the company can sustain itself at a future point.

Cango Inc Price Movement Analysis

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Cango Forecast Models

Cango's time-series forecasting models are one of many Cango's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary Cango's 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 market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Cango prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Cango shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Cango. By using and applying Cango Stock analysis, traders can create a robust methodology for identifying Cango entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Cango analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Cango analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

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

When running Cango's price analysis, check to measure Cango'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 Cango is operating at the current time. Most of Cango's value examination focuses on studying past and present price action to predict the probability of Cango's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cango's price. Additionally, you may evaluate how the addition of Cango to your portfolios can decrease your overall portfolio volatility.