Dada Nexus Stock Probability of Future Stock Price Finishing Over 17.88
| DADA Stock | USD 1.37 0.01 0.72% |
Dada |
Dada Nexus Target Price Odds to finish over 17.88
The tendency of Dada Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 17.88 or more in 90 days |
| 1.37 | 90 days | 17.88 | close to zero percent |
Based on a normal probability distribution, the odds of Dada Nexus to move over $ 17.88 or more in 90 days from now is close to zero percent (This Dada Nexus probability density function shows the probability of Dada Stock to fall within a particular range of prices over 90 days) . Probability of Dada Nexus price to stay between its current price of $ 1.37 and $ 17.88 at the end of the 90-day period is about 82.2 .
Given the investment horizon of 90 days Dada Nexus has a beta of -0.58 suggesting as returns on the benchmark increase, returns on holding Dada Nexus are expected to decrease at a much lower rate. During a bear market, however, Dada Nexus is likely to outperform the market. Additionally Dada Nexus has an alpha of 0.1307, implying that it can generate a 0.13 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Dada Nexus Price Density |
| Price |
Predictive Modules for Dada Nexus
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dada Nexus. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dada Nexus' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Dada Nexus Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Dada Nexus is not an exception. The market had few large corrections towards the Dada Nexus' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Dada Nexus, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Dada Nexus within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.13 | |
β | Beta against Dow Jones | -0.58 | |
σ | Overall volatility | 0.26 | |
Ir | Information ratio | 0.01 |
Dada Nexus Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Dada Nexus for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Dada Nexus can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Dada Nexus generated a negative expected return over the last 90 days | |
| Dada Nexus has high historical volatility and very poor performance | |
| Dada Nexus may become a speculative penny stock | |
| The company reported the previous year's revenue of 10.51 B. Net Loss for the year was (1.96 B) with profit before overhead, payroll, taxes, and interest of 3.62 B. | |
| Dada Nexus currently holds about 4.98 B in cash with (380.84 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 19.47, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from gurufocus.com: DADA Group Stock Dips Amid Market Volatility |
Dada Nexus Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Dada Stock often depends not only on the future outlook of the current and potential Dada Nexus' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Dada Nexus' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 260.2 M | |
| Cash And Short Term Investments | 3.5 B |
Dada Nexus Technical Analysis
Dada Nexus' future price can be derived by breaking down and analyzing its technical indicators over time. Dada Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Dada Nexus. In general, you should focus on analyzing Dada Stock price patterns and their correlations with different microeconomic environments and drivers.
Dada Nexus Predictive Forecast Models
Dada Nexus' time-series forecasting models is one of many Dada Nexus' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Dada Nexus' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Dada Nexus
Checking the ongoing alerts about Dada Nexus for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Dada Nexus help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Dada Nexus generated a negative expected return over the last 90 days | |
| Dada Nexus has high historical volatility and very poor performance | |
| Dada Nexus may become a speculative penny stock | |
| The company reported the previous year's revenue of 10.51 B. Net Loss for the year was (1.96 B) with profit before overhead, payroll, taxes, and interest of 3.62 B. | |
| Dada Nexus currently holds about 4.98 B in cash with (380.84 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 19.47, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from gurufocus.com: DADA Group Stock Dips Amid Market Volatility |
Check out Dada Nexus Backtesting, Dada Nexus Valuation, Dada Nexus Correlation, Dada Nexus Hype Analysis, Dada Nexus Volatility, Dada Nexus History as well as Dada Nexus Performance. For information on how to trade Dada Stock refer to our How to Trade Dada Stock guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Consumer Staples Distribution & Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dada Nexus. If investors know Dada will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dada Nexus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.10) | Revenue Per Share 38.775 | Quarterly Revenue Growth (0.16) | Return On Assets (0.10) | Return On Equity (0.35) |
The market value of Dada Nexus is measured differently than its book value, which is the value of Dada that is recorded on the company's balance sheet. Investors also form their own opinion of Dada Nexus' value that differs from its market value or its book value, called intrinsic value, which is Dada Nexus' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dada Nexus' market value can be influenced by many factors that don't directly affect Dada Nexus' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dada Nexus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dada Nexus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dada Nexus' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.