MENU
+Compare
CAAS
Stock ticker: NASDAQ
AS OF
Dec 18, 10:30 AM (EDT)
Price
$3.90
Change
-$0.00 (-0.00%)
Capitalization
107.16M

CAAS stock forecast, quote, news & analysis

Industry: @Auto Parts OEM
CAAS
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
A.I.Advisor
published price charts
A.I.Advisor
a Summary for CAAS with price predictions
Dec 17, 2024

CAAS's Stochastic Oscillator dives oversold zone

The Stochastic Oscillator for CAAS moved into oversold territory on December 17, 2024. Be on the watch for the price uptrend or consolidation in the future. At that time, consider buying the stock or exploring call options.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator entered the oversold zone -- be on the watch for CAAS's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CAAS advanced for three days, in of 236 cases, the price rose further within the following month. The odds of a continued upward trend are .

CAAS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 140 cases where CAAS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 13, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on CAAS as a result. In of 98 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 CAAS turned negative on November 13, 2024. 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 46 similar instances when the indicator turned negative. In of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at .

CAAS moved below its 50-day moving average on December 10, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for CAAS crossed bearishly below the 50-day moving average on December 04, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 23 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CAAS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. CAAS’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

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 (0.319) is normal, around the industry mean (12.167). P/E Ratio (2.912) is within average values for comparable stocks, (44.822). CAAS's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (0.959). CAAS has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.029). P/S Ratio (0.191) is also within normal values, averaging (27.378).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly better than average sales and a considerably profitable 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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. CAAS’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 86, placing this stock better than average.

A.I.Advisor
published Dividends

CAAS paid dividends on August 22, 2024

China Automotive Systems CAAS Stock Dividends
А quarterly dividend of $0.80 per share was paid with a record date of August 22, 2024, and an ex-dividend date of July 30, 2024. Read more...
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Goodyear Tire & Rubber Company (The) (NASDAQ:GT).

Industry description

OEM or Original Equipment Manufacturer of auto parts refers to the original producer of a vehicles components, and so OEM car parts are usually identical to the parts used in producing the vehicle in the first place. OEM parts tend to fit the specifications of a particular model, and their compatibility is often guaranteed by the automaker itself. OEM parts could be more expensive to buy (compared to other vendors’ products) when a consumer goes for replacement. However, increased competition from aftermarket parts/third-party vendors could, in some cases, keep EOM prices in check. The industry might progress further in adopting newer technologies like 3D printing to boost supply chain performance and quality. Aptiv PLC, Magna International Inc. and BorgWarner Inc. are major OEMs for autos.

Market Cap

The average market capitalization across the Auto Parts: OEM Industry is 5.55B. The market cap for tickers in the group ranges from 206 to 52.56B. DNZOY holds the highest valuation in this group at 52.56B. The lowest valued company is JBZY at 206.

High and low price notable news

The average weekly price growth across all stocks in the Auto Parts: OEM Industry was -1%. For the same Industry, the average monthly price growth was 3%, and the average quarterly price growth was 0%. INVZ experienced the highest price growth at 81%, while LAZR experienced the biggest fall at -19%.

Volume

The average weekly volume growth across all stocks in the Auto Parts: OEM Industry was 31%. For the same stocks of the Industry, the average monthly volume growth was 18% and the average quarterly volume growth was 112%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 39
P/E Growth Rating: 63
Price Growth Rating: 61
SMR Rating: 74
Profit Risk Rating: 86
Seasonality Score: 13 (-100 ... +100)
View a ticker or compare two or three
CAAS
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Ad is loading...
A.I. Advisor
published General Information

General Information

a manufacturer of power steering systems and other automobile components

Industry AutoPartsOEM

Profile
Fundamentals
Details
Industry
Auto Parts OEM
Address
No. 1 Henglong Road
Phone
+86 7164127901
Employees
4095
Web
http://www.caasauto.com