NIO reported a wider-than-expected loss for the fourth quarter. The automaker’s revenue, however, more than doubled from a year earlier.
NIO incurred a net loss of -1.05 renminbi (-$0.16) per share in the fourth quarter, wider than analysts’ estimate of a -0.7 renminbi loss.
Revenue surged +133.2% year-over-year to 6.641 billion renminbi (US$1.018 billion) in the quarter, but below Visible Alpha’s analyst estimate of 6.7 billion yuan.
Chief Executive William Bin Li mentioned that NIO had a new quarterly delivery record of 17,353 vehicles in the fourth quarter of 2020. He added, “The strong momentum has continued in 2021, as we achieved a historic monthly delivery of 7,225 vehicles in January and a resilient delivery of 5,578 vehicles in February, representing strong 352% and 689% year-over-year growth, respectively. … We expect to deliver 20,000 to 20,500 vehicles in the first quarter of 2021.”
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where NIO advanced for three days, in of 267 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
The Momentum Indicator moved below the 0 level on May 24, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on NIO as a result. In of 70 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for NIO turned negative on May 30, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 40 similar instances when the indicator turned negative. In of the 40 cases the stock turned lower in the days that followed. This puts the odds of success at .
NIO moved below its 50-day moving average on May 24, 2023 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where NIO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
NIO broke above its upper Bollinger Band on May 22, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for NIO entered a downward trend on May 09, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.802) is normal, around the industry mean (9.720). P/E Ratio (0.000) is within average values for comparable stocks, (96.235). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (5.912). NIO has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.040). P/S Ratio (1.787) is also within normal values, averaging (74.415).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. NIO’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. NIO’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 89, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a manufacturer of electric cars
A.I.dvisor indicates that over the last year, NIO has been closely correlated with XPEV. These tickers have moved in lockstep 82% of the time. This A.I.-generated data suggests there is a high statistical probability that if NIO jumps, then XPEV could also see price increases.
|XPEV - NIO|
|LI - NIO|
|NIU - NIO|
|RIVN - NIO|
|LCID - NIO|