Kaixin OTC Stock Performance

KXINW -  USA Stock  

USD 0.11  0.02  15.38%

Kaixin Auto holds a performance score of 4 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 0.1684, which conveys not very significant fluctuations relative to the market. Let's try to break down what Kaixin's beta means in this case. As returns on the market increase, Kaixin Auto returns are expected to increase less than the market. However, during the bear market, the loss on holding Kaixin Auto will be expected to be smaller as well. Although it is vital to follow Kaixin Auto Holdings price patterns, it is good to be conservative about what you can do with the information regarding equity historical price patterns. Our philosophy towards estimating future performance of any stock is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if Kaixin Auto expected return of 1.13 will be sustainable into the future, we have found twenty-eight different technical indicators, which can help you to check if the expected returns are sustainable. Use Kaixin Auto Holdings treynor ratio, as well as the relationship between the expected short fall and day median price to analyze future returns on Kaixin Auto Holdings.

Kaixin O TC Stock Performance 

 
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 Kaixin Performance
4 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Kaixin Auto Holdings are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unsteady basic indicators, Kaixin Auto showed solid returns over the last few months and may actually be approaching a breakup point. ...more

Kaixin Price Channel

Fifty Two Week Low0.1245
Fifty Two Week High0.1245

Kaixin Auto Relative Risk vs. Return Landscape

If you would invest  12.00  in Kaixin Auto Holdings on July 22, 2021 and sell it today you would lose (1.00)  from holding Kaixin Auto Holdings or give up 8.33% of portfolio value over 90 days. Kaixin Auto Holdings is currently producing 1.1308% returns and takes up 17.2427% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Kaixin, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon Kaixin Auto is expected to generate 24.01 times more return on investment than the market. However, the company is 24.01 times more volatile than its market benchmark. It trades about 0.07 of its potential returns per unit of risk. The DOW is currently generating roughly 0.05 per unit of risk.

Kaixin Auto Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Kaixin Auto's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Kaixin Auto Holdings, and traders can use it to determine the average amount a Kaixin Auto's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0656

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Estimated Market Risk
 17.24
  actual daily
 
 96 %
of total potential
 
9696
Expected Return
 1.13
  actual daily
 
 21 %
of total potential
 
2121
Risk-Adjusted Return
 0.07
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 4 %
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44
Based on monthly moving average Kaixin Auto is performing at about 4% 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.

About Kaixin Auto Performance

To evaluate Kaixin Auto Holdings OTC Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Kaixin Auto generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Kaixin OTC Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Kaixin Auto Holdings stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Kaixin's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.

Things to note about Kaixin Auto Holdings

Checking the ongoing alerts about Kaixin Auto for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kaixin Auto Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Kaixin Auto Alerts

Equity Alerts and Improvement Suggestions

Kaixin Auto Holdings is way too risky over 90 days horizon
Kaixin Auto Holdings has some characteristics of a very speculative penny stock
Kaixin Auto Holdings appears to be risky and price may revert if volatility continues
Latest headline from www.equities.com: Renren soared 44.46 percent on Strong Volume October 8 - Equities.com
Please see Stocks Correlation. Note that the Kaixin Auto Holdings information on this page should be used as a complementary analysis to other Kaixin Auto'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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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