Pinduoduo (Germany) Price on September 30, 2024
9PDA Stock | EUR 95.20 0.80 0.85% |
If you're considering investing in Pinduoduo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Pinduoduo stands at 95.20, as last reported on the 27th of December, with the highest price reaching 96.20 and the lowest price hitting 94.40 during the day. Pinduoduo maintains Sharpe Ratio (i.e., Efficiency) of -0.1, which implies the firm had a -0.1% return per unit of risk over the last 3 months. Pinduoduo exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pinduoduo's Risk Adjusted Performance of 0.0324, semi deviation of 3.35, and Coefficient Of Variation of 3263.74 to confirm the risk estimate we provide.
Pinduoduo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Pinduoduo |
Sharpe Ratio = -0.1026
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Estimated Market Risk
3.4 actual daily | 30 70% of assets are more volatile |
Expected Return
-0.35 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Pinduoduo is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Pinduoduo by adding Pinduoduo to a well-diversified portfolio.
Pinduoduo Valuation on September 30, 2024
It is possible to determine the worth of Pinduoduo on a given historical date. On September 30, 2024 Pinduoduo was worth 128.0 at the beginning of the trading date compared to the closed value of 122.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pinduoduo stock. Still, in general, we apply an absolute valuation method to find Pinduoduo's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Pinduoduo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pinduoduo's related companies.
Open | High | Low | Close | Volume | |
118.00 | 123.50 | 117.50 | 121.50 | 4,405 | |
09/30/2024 | 128.00 | 130.00 | 119.50 | 122.50 | 6,288 |
120.00 | 131.00 | 120.00 | 130.00 | 3,015 |
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Pinduoduo Trading Date Momentum on September 30, 2024
On October 01 2024 Pinduoduo was traded for 130.00 at the closing time. The maximum traded price for the trading interval was 131.00 and the lowest daily price was 120.00 . The daily volume was recorded at 3 K. The volume of trading on 1st of October 2024 played a part in the next trading day price rise. The daily price change to the next closing price was 6.12% . The trading delta at closing time to the closing price today is 7.35% . |
Pinduoduo Fundamentals Correlations and Trends
By evaluating Pinduoduo's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Pinduoduo's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Pinduoduo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Pinduoduo Stock history
Pinduoduo investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Pinduoduo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pinduoduo will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Pinduoduo stock prices may prove useful in developing a viable investing in Pinduoduo
Pinduoduo Inc., through its subsidiaries, operates an e-commerce platform in the Peoples Republic of China. Pinduoduo Inc. was incorporated in 2015 and is headquartered in Shanghai, the Peoples Republic of China. PINDUODUO INC operates under Internet Retail classification in Germany and is traded on Frankfurt Stock Exchange. It employs 7986 people.
Pinduoduo Stock Technical Analysis
Pinduoduo technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Pinduoduo Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Pinduoduo cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Pinduoduo December 27, 2024 Market Strength
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 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pinduoduo's price direction in advance. Along with the technical and fundamental analysis of Pinduoduo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pinduoduo to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0324 | |||
Jensen Alpha | 0.112 | |||
Total Risk Alpha | (0.11) | |||
Sortino Ratio | 0.0189 | |||
Treynor Ratio | 1.87 |
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Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Pinduoduo Stock analysis
When running Pinduoduo's price analysis, check to measure Pinduoduo's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pinduoduo is operating at the current time. Most of Pinduoduo's value examination focuses on studying past and present price action to predict the probability of Pinduoduo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pinduoduo's price. Additionally, you may evaluate how the addition of Pinduoduo to your portfolios can decrease your overall portfolio volatility.
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