Dada Nexus Stock Price on December 19, 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 27th of December, with the highest price reaching 1.37 and the lowest price hitting 1.37 during the day.
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 -0.0683, which denotes the company had a -0.0683% return per unit of standard deviation over the last 3 months. Dada Nexus exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dada Nexus' Downside Deviation of 5.54, semi deviation of 4.96, and Mean Deviation of 4.39 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.
IPO Date 5th of June 2020 | 200 Day MA 1.6252 | 50 Day MA 1.5231 | Beta 1.385 |
Dada |
Sharpe Ratio = -0.0683
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DADA |
Estimated Market Risk
| 5.48 actual daily | 48 52% of assets are more volatile |
Expected Return
| -0.37 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 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 0.5486 | Enterprise Value Ebitda 0.013 | Price Sales 0.035 | Shares Float 383.6 M | Wall Street Target Price 2.5956 |
Related Headline
PDD Holdings Headline on 19th of December 2024
A Closer Look at PDD Holdingss Options Market Dynamics by benzinga.com
Dada Nexus Valuation on December 19, 2024
It is possible to determine the worth of Dada Nexus on a given historical date. On December 19, 2024 Dada was worth 1.38 at the beginning of the trading date compared to the closed value of 1.35. 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 | |
| 1.44 | 1.45 | 1.35 | 1.36 | 1,188,805 | |
12/19/2024 | 1.38 | 1.41 | 1.35 | 1.35 | 481,166 |
| 1.35 | 1.38 | 1.32 | 1.35 | 398,297 |
| Backtest Dada Nexus | | | Dada Nexus History | | | Dada Nexus Valuation | Previous | Next |
Dada Nexus Trading Date Momentum on December 19, 2024
| On December 20 2024 Dada Nexus was traded for 1.35 at the closing time. The top price for the day was 1.38 and the lowest listed price was 1.32 . The trading volume for the day was 398.3 K. The trading history from December 20, 2024 did not affect price variability. The overall trading delta against the current closing price is 2.22% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 260.2 M | 242.7 M | |
| Net Loss | -1.8 B | -1.9 B |
Dada Nexus Quarterly Net Working Capital |
|
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.
Price Boundaries
Dada Nexus Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Dada Nexus cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Dada Nexus December 27, 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.
| Risk Adjusted Performance | 0.0238 | |||
| Jensen Alpha | 0.1307 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.0113 | |||
| Treynor Ratio | (0.18) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Commodity Directory Find actively traded commodities issued by global exchanges |