Sign in The main point of this publication is to provide the top 5 long and top 5 short candidates (our opinion, not an investment advice) for this week. Shares of Nio Inc. and XPeng Inc. reversed course to trade sharply lower, again, even as the China-based electric vehicle makers reported strong growth in… /PRNewswire/ — As part of its broader work on financial centers’ role in supporting the global economic recovery, the World Alliance for International…
KB Home (NYSE:KBH) went down by -2.10% from its latest closing price compared to the recent 1-year high of $42.20. The company’s stock price has collected -8.08% of loss in the last five trading sessions. Press Release reported 16 hours ago that KB Home Announces the Grand Opening of Santolina at South Mountain, Its Latest New-Home Community in Phoenix, Arizona
KB Home (NYSE:KBH) scored a price-to-earnings ratio above its average ratio, recording 10.36 x from its present earnings ratio. Plus, the 36-month beta value for KBH is at 1.96. Opinions of the stock are interesting as 7 analysts out of 16 who provided ratings for KB Home declared the stock was a “buy,” while 0 rated the stock as “overweight,” 8 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $44.54, which is $9.61 above the current price. KBH currently public float of 73.30M and currently shorts hold a 3.50% ratio of that float. Today, the average trading volume of KBH was 1.55M shares.
KBH stocks went down by -8.08% for the week, with a monthly jump of 6.85% and a quarterly performance of -6.49%, while its annual performance rate touched 1.95%. The volatility ratio for the week stands at 4.59% while the volatility levels for the past 30 days are set at 5.08% for KB Home. The simple moving average for the period of the last 20 days is -0.41% for KBH stocks with a simple moving average of 8.84% for the last 200 days.
Many brokerage firms have already submitted their reports for KBH stocks, with JP Morgan repeating the rating for KBH by listing it as a “Neutral.” The predicted price for KBH in the upcoming period, according to JP Morgan is $44 based on the research report published on November 17th of the current year 2020.
Seaport Global Securities, on the other hand, stated in their research note that they expect to see KBH reach a price target of $39. The rating they have provided for KBH stocks is “Buy” according to the report published on November 10th, 2020.
After a stumble in the market that brought KBH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.34% of loss for the given period.
Volatility was left at 5.08%, however, over the last 30 days, the volatility rate increased by 4.59%, as shares surge +3.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.48% lower at present.
During the last 5 trading sessions, KBH fell by -8.08%, which changed the moving average for the period of 200-days by -13.11% in comparison to the 20-day moving average, which settled at $34.66. In addition, KB Home saw 0.55% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at KBH starting from MEZGER JEFFREY T, who sale 173,605 shares at the price of $33.91 back on Nov 16. After this action, MEZGER JEFFREY T now owns 987,490 shares of KB Home, valued at $5,886,946 using the latest closing price.
MEZGER JEFFREY T, the President and CEO of KB Home, sale 123,531 shares at $36.21 during a trade that took place back on Nov 05, which means that MEZGER JEFFREY T is holding 987,490 shares at $4,473,053 based on the most recent closing price.
Current profitability levels for the company are sitting at:
The net margin for KB Home stands at +5.87. The total capital return value is set at 8.34, while invested capital returns managed to touch 7.03. Equity return is now at value 10.10, with 4.90 for asset returns.
Based on KB Home (KBH), the company’s capital structure generated 73.38 points at debt to equity in total, while total debt to capital is 42.32. Total debt to assets is 34.36, with long-term debt to equity ratio resting at 73.05. Finally, the long-term debt to capital ratio is 42.13.
When we switch over and look at the enterrpise to sales, we see a ratio of 1.00, with the company’s debt to enterprise value settled at 0.39. The receivables turnover for the company is 16.65 and the total asset turnover is 0.89. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.18.
Author: Ethane Eddington
Stock Pick Update: November 25 – December 1, 2020
In the last five trading days (November 18 – November 24) the broad stock market has been fluctuating along 3,600 level. Yesterday it broke above short-term consolidation, as it got close to November 9 record high of 3,645.99 again. Is this a medium-term topping pattern or just some month-long consolidation before breaking to new record highs? The market is very hot right now .
The S&P 500 index has gained 0.65% between November 18 and November 24. In the same period of time our five long and five short stock picks have gained 6.57%. Stock picks were relatively much stronger than the broad stock market . Our long stock picks have gained a stunning 10.97% as they’ve outpaced the S&P 500 index on the long side. And short stock picks have resulted in a gain of 2.17%.
There are risks that couldn’t be avoided in trading. Hence the need for proper money management and a relatively diversified stock portfolio. This is especially important if trading on a time basis – without using stop-loss/ profit target levels. We are just buying or selling stocks at open on Wednesday and selling or buying them back at close on the next Tuesday.
If stocks were in a prolonged downtrend, being able to profit anyway, would be extremely valuable. Of course, it’s not the point of our Stock Pick Updates to forecast where the general stock market is likely to move, but rather to provide you with stocks that are likely to generate profits regardless of what the S&P does.
Last week, we modified our stock-picking strategy . Its year-long performance record shows that non-contrarian stock picks were outperforming contrarian stock picks by a large margin. Non-contrarian stock picks have gained 8.8% since Nov 19, 2019, and contrarian stock picks have lost 10.6% in the same period of time. Take a look at our Stock Pick Update performance chart. We included non-contrarian along with contrarian stock picks and the S&P 500 index performance (Tuesday’s open – Wednesday’s close):
Therefore we stopped picking stocks on a contrarian basis. Our 5 long and 5 short stocks portfolio is based solely on the trend-following approach.
Our last week’s Stock Pick portfolio result:
November 24, 2020
The new Stock Pick Update performance chart:
Let’s check which stocks could magnify S&P’s gains in case it rallies, and which stocks would be likely to decline the most if S&P plunges. Here are our stock picks for the Wednesday, November 25 – Tuesday, December 1 period.
We will assume the following: the stocks will be bought or sold short on the opening of today’s trading session (November 25) and sold or bought back on the closing of the next Tuesday’s trading session (December 1).
We will provide stock trading ideas based on our in-depth technical and fundamental analysis, but since the main point of this publication is to provide the top 5 long and top 5 short candidates (our opinion, not an investment advice) for this week, we will focus solely on the technicals. The latter are simply more useful in case of short-term trades.
First, we will take a look at the recent performance by sector. It may show us which sector is likely to perform best in the near future and which sector is likely to lag. Then, we will select our buy and sell stock picks.
There are eleven stock market sectors: Energy, Materials, Industrials, Consumer Discretionary, Consumer Staples, Health Care, Financials, Technology, Communications Services, Utilities and Real Estate. They are further divided into industries, but we will just stick with these main sectors of the stock market.
We will analyze them and their relative performance by looking at the Select Sector SPDR ETF’s .
Based on the above, we decided to choose our stock picks for the next week. We will choose our 5 long and 5 short candidates using trend-following approach:
PXD Pioneer Natural Resources Co. – Energy
WMB Williams Cos., Inc. – Energy
AXP American Express Co. – Financials
Summing up , the above trend-following long stock picks are just a part of our whole Stock Pick Update . The Energy and Financials sectors were relatively the strongest in the last 30 days. So that part of our ten long and short stock picks is meant to outperform in the coming days if the broad stock market acts similarly as it did before.
We hope you enjoyed reading the above free analysis, and we encourage you to read today’s Stock Pick Update – this analysis’ full version. There, we include the stock market sector analysis for the past month and remaining long and short stock picks for the next week. There’s no risk in subscribing right away, because there’s a 30-day money back guarantee for all our products, so we encourage you to subscribe today .
For a look at all of today’s economic events, check out our economic calendar.
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All essays, research and information found above represent analyses and opinions of Paul Rejczak and Sunshine Profits’ associates only. As such, it may prove wrong and be a subject to change without notice. Opinions and analyses were based on data available to authors of respective essays at the time of writing. Although the information provided above is based on careful research and sources that are believed to be accurate, Paul Rejczak and his associates do not guarantee the accuracy or thoroughness of the data or information reported. The opinions published above are neither an offer nor a recommendation to purchase or sell any securities. Mr. Rejczak is not a Registered Securities Advisor. By reading Paul Rejczak’s reports you fully agree that he will not be held responsible or liable for any decisions you make regarding any information provided in these reports. Investing, trading and speculation in any financial markets may involve high risk of loss. Paul Rejczak, Sunshine Profits’ employees and affiliates as well as members of their families may have a short or long position in any securities, including those mentioned in any of the reports or essays, and may make additional purchases and/or sales of those securities without notice.
Author: Paul RejczakNov 25, 2020 01:52 PM GMT
Nio, XPeng stocks swing to losses despite big jumps in November deliveries
Shares of Nio Inc. and XPeng Inc. reversed course to trade sharply lower, again, even as the China-based electric vehicle makers reported strong growth in November deliveries, with Nio’s more than doubling and Xpeng’s more than quadrupling.
Nio said it delivered a record 5,291 vehicles in November, up 109.3% from a year ago.
The deliveries included 1,387 of Nio’s flagship 6-seater and 7-seater smart electric SUVs, the ES8; 2,386 of the 5-seater SUVs, the ES6; and 1,518 of the 5-seater coupe SUVs, the EC6.
So far this year, the company has delivered 36,721 EVs, which is 111.1% more than the same time last year.
Nio said it was in the process of accelerating the production capacity expansion in December.
XPeng reported November deliveries of 4,224 EVs, up 342% from the same period last year.
The deliveries included 2,732 P7 sports sedans and 1,492 G3 compact SUVs.
Year to date, XPeng has delivered 21,341 vehicles, up 87% from the same period last year.
The back-to-back pullbacks in Nio and XPeng shares come a day before the U.S. House of Representatives is slated to consider a measure in which China-based companies listed on U.S. exchanges would have to undergo annual audits that are reviewed by U.S. regulators or be delisted. The declines also come after the stocks enjoyed massive rallies in November.
For Nio, the stock had extended its monthly win streak to eight months, and had skyrocketed 1,717.6% during that streak.
XPeng shares went public on Aug. 27, closing that day at $21.22. Since then, they had hiked up 176.9% through Monday.
Don’t miss: Kandi stock plunges after short seller alleges ‘brazen scheme’ to falsify revenue.
Kandi’s stock still rallied 55.9% in November, and have more than doubled (up 106.3%) year to date.
Author: Tomi Kilgore, , Steve Goldstein
WAIFC Launches a New Report on ‘Sustainable Finance in a Post-Pandemic World – the Role of Financial Centers’
BRUSSELS, Dec. 2, 2020 /PRNewswire/ — As part of its broader work on financial centers’ role in supporting the global economic recovery, the World Alliance for International Financial Centers (WAIFC) has published a new report on sustainable finance in a post-pandemic world. The publication is based on a survey of WAIFC members and research of the broader financial industry.
The purpose of the work is to identify what has been done to date in terms of sustainable finance in different financial centers and understand the impact that the COVID-19 pandemic has had on sustainable finance’s trajectory. The output provides practical and impactful recommendations on the role that financial centers can play to support the economic recovery through the sustainability agenda.
Notably, the research found that, as 2020 unfolded, de-prioritizing sustainable finance has, by and large, not occurred. In fact, in some instances, there has been an acceleration. Many are asking, “is now the time to focus on creating a more sustainable, resilient, and inclusive global economy through sustainable finance?”
WAIFC is issuing a call to action for the financial industry and decision-makers in financial centers through this report. In particular, financial centers should take the lead on ensuring collaboration and cooperation across different elements of the sustainable finance ecosystem, both nationally and internationally. It also argues that more needs to be done to develop and build sustainable finance expertise, capacity, and knowledge and leverage the digitalization of financial services so that sustainable finance is fully embedded in the future’s financial industry.
Arnaud de Bresson, WAIFC Chairman, said:
“The financial industry is at the heart of how we respond to the global downturn and recovery. There are many important aspects to this, including accelerating sustainable investment by institutional investors and pushing all market players’ engagement towards concrete actions. We have much work to do to achieve the Paris Agreement’s objectives, as well as developing specific investment funds dedicated to the environment and launching new global action plans to progress social financing instruments. And a key issue is to involve all market participants and more particularly to develop the dialog between investors and corporations to organize the necessary transition to new business models.”
WAIFC intends to leverage the report to engage with key players across the international financial community.
You can download the publication at https://waifc.finance/resources.
We will present the report in a webinar on
09 December 2020
07:00 EDT/12:00 BST/13:00 WEST/13:00 CET/15:00 AST/16:00 GST/18:00 ALMT/20:00 HKT/21:00 KST/21:00 JST
and discuss its recommendations with experts from Canada, France, Morocco, the UAE, and the UK. Free registration:
The World Alliance of International Financial Centers (WAIFC) is a non-profit association registered in Belgium, representing 18 leading international financial centers of four continents. WAIFC members are city governments, associations, and similar institutions developing and promoting their financial centers.
In an era of breakthrough technologies and rapid social change, financial centers are crucial to sustaining economic growth. Thus, the objective of the WAIFC is to create a transparent network that facilitates cooperation and sharing of best practices to further the understanding of the importance of international financial centers for national and global economies as well as social development.
World Alliance of International Financial Centers (WAIFC) – AISBL
Boulevard Louis Schmidt 117/9, 1040 Etterbeek, Brussels, Belgium
Enterprise no. 719 719 907
Board of Directors:
Arnaud de Bresson (Chairman), Frederic de Laminne (Treasurer),
Zahra Abdel Rassoul
Yousuf Mohamed Al Jaida,
Abdullah Al Salmi,
Dr. King Au,
Young Ho Park,
Dr. Jochen Biedermann
SOURCE World Alliance of International Financial Centers (WAIFC) AISBL
Author: World Alliance of International Financial Centers (WAIFC) AISBL