MARKET COMPOSITE
Market TodayThemes and Stocks SummaryThematic Stock SearchCrypto SummaryFAQAbout
Electric Vehicle Stocks$83.21
-2.04%4:00PM 03/22/2023
The list of companies include SOLO-Electrameccanica Vehicles Corp, GP-GreenPower Motor Company Inc, FUV-Arcimoto Inc, TSLA-Tesla Inc, KNDI-Kandi Technologies Group Inc, NKLA-Nikola Corporation, BLNK-Blink Charging Co, AYRO-AYRO Inc, BEEM-Beam Global, RIDE-Lordstown Motors Corp., PII-Polaris Inc, WKHS-Workhorse Group Inc, FSR-Fisker Inc, LCID-Lucid Group Inc
Latest intraday update before market close @ 17:45:40 PM 03/23/2023
Summary :
Average return is up 1.4%
Median return is up 1.4%
14 out of 18 stocks are up (limited to those with intraday pricing feeds).

Aggregated price index

Aggregated price index with volume information

Summary:

  • Electric Vehicle stocks down 2.0% on average while median return down 1.7% in a day
  • Electric Vehicle stocks up 2.1% on average while median return up 3.6% in a week
  • Electric Vehicle stocks down 18.3% on average while median return down 11.4% in a month
  • When average return is significantly different from median return, this implies an asymmetry - composite return is driven by some outliners.

Aggregated price index (close) is based on equal weighted constituencies returns. Average short volume and average total volumes are averaged across all volume data among constituencies.

Related Stocks

Click on + to show price series and click on ticker for stock detail page

Ticker
1 Day Return
1 Week Return
1 Month Return
PE Ratio
PE/G
P/B (mrq)
P/S (ttm)
Earning Growth
MarketCap
Short %
Held By Institutions %
RSI
Price Pattern
Resist Support
Days Since Channel Change
Channel Slope (daily rate %)
NIU5.4%
3.7%
-12.3%
61.972.430.88270.1M31%45/\-167-0.1%
FUV4.4%
1.4%
-24.2%
7.30178.349.2M41%23%37\/-167-0.2%
KNDI-0.4%
9.1%
10.0%
-28.041.165.34190M20%17%59/\-167-0.0%
ABB-0.5%
3.5%
-1.1%
25.481.844.852.4534%65.1B5%49/\/1670.1%
FSR-0.9%
-6.0%
-11.0%
-0.07237002.611.1B28%46%37/\163-0.2%
GP-0.9%
-2.7%
-19.1%
50.2553.8M38%36\-129-0.0%
LI-1.1%
9.0%
-4.2%
2.2420.1B16%51/-\267-0.1%
BEEM-1.5%
7.6%
-11.9%
50.44147.3M30%38%41/-1670.1%
NIO-1.9%
10.2%
-9.4%
-93349.872.713.3614B35%47\/-\167-0.4%
XPEV-2.1%
19.8%
5.2%
65.534.336.7B35%58/\259-0.3%
LCID-3.2%
7.2%
-19.9%
-10.2714.5B42/\242-0.3%
PII-3.3%
-0.5%
-8.2%
14.371.047.581.056.1B3%79%40-/\-1670.0%
TSLA-3.3%
5.9%
-3.2%
52.763.6526.0816.712638%598.5B5%43%53/\159-0.3%
BLNK-4.6%
-4.5%
-26.3%
6.78230.22442.9M34%29%28\/-333-0.2%
NKLA-6.8%
-7.9%
-36.8%
-1.32-0.7175811.88837.1M17%21%30/-494-0.2%
RIDE-8.1%
-6.3%
-42.4%
0.19151.2M27%23%30/\315-0.3%
WKHS-8.6%
-17.0%
-37.1%
6.651033.17217.4M38%46%26\-333-0.2%

* P/E and MarketCap are refreshed daily using IEX Cloud service. P/B, P/S, PEG, growth, short%, HelbyInstitute are refreshed weekly using Yahoo feeds. For latest stock stats please visit Yahoo Finance.

* Price Patter: / is upward trend, \ is downward trend, - is sideway. Click on the ticker to go to stock page to see Bayesian Trend model plot of the time series.

* Channel and change points are derived from Bayesian Trend model, where the channel slope is the growth rate while change points are those the model partition the time series.

Related ETFs (click on ticker for stock detail page)

  • 1M winners are : Winners for past month are $KNDI 10.0%, $XPEV 5.2%, $IDRV 4.6%
  • 1M losers are : Losers for past month are $FUV -24.2%, $BLNK -26.3%, $NKLA -36.8%, $WKHS -37.1%, $RIDE -42.4%
  • 1W winners are : Winners for past week are $XPEV 19.8%, $NIO 10.2%, $KNDI 9.1%, $LI 9.0%, $BEEM 7.6%
  • 1W losers are : Losers for past week are $BLNK -4.5%, $FSR -6.0%, $RIDE -6.3%, $NKLA -7.9%, $WKHS -17.0%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 35.4%, for the past 3 months is 36.6%

In the past month for a 5 days rolling window, the highest corrrelation is 64.4%, the lowest correlation is 13.3%, the latest correlation is 44.1%

When a correlation deviated from the normal level and goes lower or even negative, it indicates some of stocks have deviated from the normal direction of the group. The deviation could reverse if long term level of correlation was at a higher level. It creates trading opportunities and deserves study whether the deviation is idiosyncratic or systematic.

Among pairwise correlation, the highest correlation is 72.4% between LCID and NIO

The lowest correlation is -7.0% between GP and LI

Stock news

    03/22/2023BLNK
    Blink Charging Announces Milestone as it Integrates and Rebrands SemaConnect India to Blink

    Following the announcement of the Series 3 product, designed specifically for two and three-wheeled EVs, Blink announced the integration and rebrand of SemaConnect India including its facilities, charging network, and EV driver mobile application Miami Beach, Fla., March 22, 2023 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading manufacturer, owner, operator and provider of electric vehicle (EV) charging equipment and services, today announced the integr

    03/22/2023NKLA
    Why Canoo, Nikola, and Lordstown Motors Are Falling Today

    Shares of electric vehicle companies Canoo (NASDAQ: GOEV), Nikola (NASDAQ: NKLA), and Lordstown Motors (NASDAQ: RIDE) were tumbling today after an analyst made comments yesterday indicating that price drops for EVs could be the new normal. EV stock investors may also be on edge as the Federal Reserve meets today to decide on how it will proceed with interest rate increases to fight inflation. As a result of all of this news, Canoo's shares were down 6.1%, Nikola had fallen 3.7%, and Lordstown'...

    03/22/2023PII
    GODFREY PONTOONS AND HURRICANE DECK BOATS ARE MAKING WAVES WITH NEW PG&A LINEUPS

    Godfrey Marine, manufacturer of premium Godfrey pontoon boats and Hurricane deck boats, announced the launch of two new apparel and accessories lineups for boating enthusiasts. Every item was created by the Godfrey Marine, Parts, Garments & Accessories (PG&A) team with the modern-day boater in mind. The current product lineup includes coolers, docking products, inflatable mats, boating lines, drinkware, hats, and an extensive offering of artfully crafted apparel.

    03/22/2023GP
    GreenPower Appoints John McDavid Head of Production in West Virginia

    GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) ("GreenPower"), a leading manufacturer and distributor of purpose-built, all-electric, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, today announced that John McDavid has been appointed the production manager for its all-electric school bus manufacturing facility in South Charleston, West Virginia.

    03/21/2023FSR
    Fisker Inc. (FSR) Outpaces Stock Market Gains: What You Should Know

    Fisker Inc. (FSR) closed at $5.80 in the latest trading session, marking a +1.4% move from the prior day.

    03/21/2023WKHS
    EV Truckmaker Shuns Tesla's Business Model And Is Getting Into The Dealership Game. Here's Why

    Workhorse Group Inc (NASDAQ: WKHS) has launched a new Certified Dealer Program, an initiative to develop an official network of verified dealers. The company has engaged Kingsburg Truck Center, a work truck dealer headquartered in Kingsburg, California, as its first certified electric vehicle (EV) dealer in California. As part of the new program, Workhorse has established a training program that provides dealers with both hands-on and online training, including technical sales training. "The lau

    03/21/2023PII
    Are Investors Undervaluing Polaris (PII) Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

    03/21/2023WKHS
    Workhorse Group Establishes Certified Dealer Program and Announces Kingsburg Truck Center as its First Certified Dealership in California

    CINCINNATI, March 21, 2023 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero emission commercial vehicles, today announced the launch of its new Certified Dealer Program, an initiative to develop an official network of verified dealers that have passed the protocols necessary to safely repair and maintain the electric components of the Company’s vehicles. Workhorse has engaged Kingsb

    03/21/2023BLNK
    The Zacks Analyst Blog Highlights Volkswagen, BMW AG, XPeng and Blink Charging

    Volkswagen, BMW AG, XPeng and Blink Charging are part of the Zacks top Analyst Blog.