Pinduoduo Stock Forecast - Accumulation Distribution

9PDA Stock  EUR 95.20  0.40  0.42%   
Pinduoduo Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Pinduoduo's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On November 29, 2024 Pinduoduo had Accumulation Distribution of 25.3. The accumulation distribution (A/D) indicator shows the degree to which Pinduoduo is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Pinduoduo to determine if accumulation or reduction is taking place in the market. This value is adjusted by Pinduoduo trading volume to give more weight to distributions with higher volume over lower volume.
Check Pinduoduo VolatilityBacktest PinduoduoTrend Details  

Pinduoduo Trading Date Momentum

On December 02 2024 Pinduoduo was traded for  94.00  at the closing time. The maximum traded price for the trading interval was 94.00  and the lowest daily price was  91.40 . The daily volume was recorded at 148. The volume of trading on 2nd of December 2024 played a part in the next trading day price rise. The daily price change to the next closing price was 2.84% . The trading delta at closing time to the closing price today is 2.19% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
Compare Pinduoduo to competition

Other Forecasting Options for Pinduoduo

For every potential investor in Pinduoduo, whether a beginner or expert, Pinduoduo's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Pinduoduo Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Pinduoduo. Basic forecasting techniques help filter out the noise by identifying Pinduoduo's price trends.

Pinduoduo Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Pinduoduo stock to make a market-neutral strategy. Peer analysis of Pinduoduo could also be used in its relative valuation, which is a method of valuing Pinduoduo by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Pinduoduo Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Pinduoduo's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Pinduoduo's current price.

Pinduoduo Market Strength Events

Market strength indicators help investors to evaluate how Pinduoduo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pinduoduo shares will generate the highest return on investment. By undertsting and applying Pinduoduo stock market strength indicators, traders can identify Pinduoduo entry and exit signals to maximize returns.

Pinduoduo Risk Indicators

The analysis of Pinduoduo's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Pinduoduo's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pinduoduo stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Currently Active Assets on Macroaxis

Other Information on Investing in Pinduoduo Stock

Pinduoduo financial ratios help investors to determine whether Pinduoduo Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Pinduoduo with respect to the benefits of owning Pinduoduo security.