China Automotive Systems Stock Alpha and Beta Analysis
| CAAS Stock | USD 3.65 0.04 1.08% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as China Automotive Systems. It also helps investors analyze the systematic and unsystematic risks associated with investing in China Automotive over a specified time horizon. Remember, high China Automotive's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to China Automotive's market risk premium analysis include:
Beta 1.51 | Alpha 0.17 | Risk 2.79 | Sharpe Ratio (0.01) | Expected Return (0.03) |
Enterprise Value |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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China Automotive Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. China Automotive market risk premium is the additional return an investor will receive from holding China Automotive long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in China Automotive. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate China Automotive's performance over market.| α | 0.17 | β | 1.51 |
China Automotive expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of China Automotive's Buy-and-hold return. Our buy-and-hold chart shows how China Automotive performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.China Automotive Market Price Analysis
Market price analysis indicators help investors to evaluate how China Automotive stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading China Automotive shares will generate the highest return on investment. By understating and applying China Automotive stock market price indicators, traders can identify China Automotive position entry and exit signals to maximize returns.
China Automotive Return and Market Media
The median price of China Automotive for the period between Tue, Jan 23, 2024 and Mon, Apr 22, 2024 is 3.38 with a coefficient of variation of 5.61. The daily time series for the period is distributed with a sample standard deviation of 0.19, arithmetic mean of 3.43, and mean deviation of 0.16. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Automotive Steering System Market Forecasted to Reach 45,349.8 Million by 2025 | 02/23/2024 |
2 | Connor Clark Lunn Investment Management Ltd. Increases Stake in China Automotive Systems, Inc. - Defense World | 03/08/2024 |
3 | Acquisition by Jie Li of 6000 shares of China Automotive at 3.22 subject to Rule 16b-3 | 03/15/2024 |
4 | Investors in China Automotive Systems have unfortunately lost 41 percent over the last three years | 03/18/2024 |
5 | Acquisition by Wong Tse Yiu of 100 shares of China Automotive at 4.05 subject to Rule 16b-3 | 03/20/2024 |
6 | China Automotive Systems Reports Record Annual Revenue, and a 81.2 percent Increase in Diluted Net Income Per Share to 1.25 in Fiscal Year 2023 | 03/28/2024 |
7 | China Automotive Systems, Inc. Q4 2023 Earnings Call Transcript | 04/01/2024 |
8 | China Automotive Systems Share Price Passes Above Two Hundred Day Moving Average of 3.41 - MarketBeat | 04/08/2024 |
9 | Disposition of 400 shares by Daming Hu of China Automotive at 9.21 subject to Rule 16b-3 | 04/16/2024 |
About China Automotive Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including China or other stocks. Alpha measures the amount that position in China Automotive Systems has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2020 | 2023 (projected) | PTB Ratio | 0.64 | 0.28 | Dividend Yield | 4.54E-4 | 5.22E-4 |
China Automotive Upcoming Company Events
As portrayed in its financial statements, the presentation of China Automotive's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, China Automotive's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of China Automotive's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of China Automotive. Please utilize our Beneish M Score to check the likelihood of China Automotive's management manipulating its earnings.
| 4th of April 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with China Automotive
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Check out China Automotive Backtesting, China Automotive Valuation, China Automotive Correlation, China Automotive Hype Analysis, China Automotive Volatility, China Automotive History and analyze China Automotive Performance. Note that the China Automotive Systems information on this page should be used as a complementary analysis to other China Automotive'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 the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for China Stock analysis
When running China Automotive's price analysis, check to measure China Automotive'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 China Automotive is operating at the current time. Most of China Automotive's value examination focuses on studying past and present price action to predict the probability of China Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Automotive's price. Additionally, you may evaluate how the addition of China Automotive to your portfolios can decrease your overall portfolio volatility.
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