Dada Nexus Stock Price on December 18, 2024

DADA Stock  USD 1.37  0.01  0.72%   
Below is the normalized historical share price chart for Dada Nexus extending back to June 05, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Dada Nexus stands at 1.37, as last reported on the 26th of December, with the highest price reaching 1.39 and the lowest price hitting 1.36 during the day.
IPO Date
5th of June 2020
200 Day MA
1.6252
50 Day MA
1.5231
Beta
1.385
 
Covid
If you're considering investing in Dada Stock, it is important to understand the factors that can impact its price. Dada Nexus secures Sharpe Ratio (or Efficiency) of -0.0499, which denotes the company had a -0.0499% return per unit of standard deviation over the last 3 months. Dada Nexus exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dada Nexus' Semi Deviation of 5.0, mean deviation of 4.63, and Downside Deviation of 5.63 to check the risk estimate we provide.
  
At present, Dada Nexus' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Total Equity is expected to grow to about 771.6 K, whereas Common Stock Shares Outstanding is forecasted to decline to about 242.7 M. . At present, Dada Nexus' Price Book Value Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 0.67, whereas Price To Sales Ratio is forecasted to decline to 0.55. Dada Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0499

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Negative ReturnsDADA

Estimated Market Risk

 5.48
  actual daily
48
52% of assets are more volatile

Expected Return

 -0.27
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Dada Nexus 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 Dada Nexus by adding Dada Nexus to a well-diversified portfolio.
Price Book
0.5528
Enterprise Value Ebitda
0.013
Price Sales
0.0352
Shares Float
383.6 M
Wall Street Target Price
2.5953

Dada Nexus Main Headline on 18th of December 2024

DADA Group experienced a significant stock decline of 5.17, with shares trading at 1.38 and a volume of 800,656 shares. The companys latest financial

Dada Nexus Valuation on December 18, 2024

It is possible to determine the worth of Dada Nexus on a given historical date. On December 18, 2024 Dada was worth 1.44 at the beginning of the trading date compared to the closed value of 1.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dada Nexus stock. Still, in general, we apply an absolute valuation method to find Dada Nexus' 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 Dada Nexus where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dada Nexus' related companies.
 Open High Low Close Volume
  1.43    1.47    1.42    1.45    598,216  
12/18/2024
  1.44    1.45    1.35    1.36    1,188,805  
  1.38    1.41    1.35    1.35    481,166  
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Open Value
1.44
1.36
Closing Value
17.88
Upside

Dada Nexus Trading Date Momentum on December 18, 2024

On December 19 2024 Dada Nexus was traded for  1.35  at the closing time. The top price for the day was 1.41  and the lowest listed price was  1.35 . The trading volume for the day was 481.2 K. The trading history from December 19, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.74% . The overall trading delta against the current closing price is 1.47% .

Dada Nexus Fundamentals Correlations and Trends

By evaluating Dada Nexus' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Dada Nexus' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dada financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Dada Nexus Stock history

Dada Nexus 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 Dada is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dada Nexus 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 Dada Nexus stock prices may prove useful in developing a viable investing in Dada Nexus
Last ReportedProjected for Next Year
Common Stock Shares Outstanding260.2 M242.7 M
Net Loss-1.8 B-1.9 B

Dada Nexus Quarterly Net Working Capital

3.6 Billion

Dada Nexus Stock Technical Analysis

Dada Nexus 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.
A focus of Dada Nexus technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Dada Nexus trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Dada Nexus Period Price Range

Low
December 26, 2024
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High

 0.00 

     

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Dada Nexus December 26, 2024 Market Strength

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

Dada Nexus Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Dada Nexus' price direction in advance. Along with the technical and fundamental analysis of Dada Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dada 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.

Complementary Tools for Dada Stock analysis

When running Dada Nexus' price analysis, check to measure Dada Nexus' 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 Dada Nexus is operating at the current time. Most of Dada Nexus' value examination focuses on studying past and present price action to predict the probability of Dada Nexus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dada Nexus' price. Additionally, you may evaluate how the addition of Dada Nexus to your portfolios can decrease your overall portfolio volatility.
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