Dada Nexus Stock Forecast - Price Action Indicator
DADA Stock | USD 1.35 0.02 1.46% |
Dada Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Dada Nexus stock prices and determine the direction of Dada Nexus's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Dada Nexus' historical fundamentals, such as revenue growth or operating cash flow patterns.
Dada |
Previous Price Action Indicator | Price Action Indicator | Trend |
(0.04) | (0.01) |
Check Dada Nexus Volatility | Backtest Dada Nexus | Information Ratio |
Dada Nexus Trading Date Momentum
On November 22 2024 Dada Nexus was traded for 1.35 at the closing time. The top price for the day was 1.37 and the lowest listed price was 1.33 . The trading volume for the day was 652.5 K. The trading history from November 22, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.00% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Dada Nexus
For every potential investor in Dada, whether a beginner or expert, Dada Nexus' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Dada Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Dada. Basic forecasting techniques help filter out the noise by identifying Dada Nexus' price trends.View Dada Nexus Related Equities
Risk & Return | Correlation |
Dada Nexus 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 Dada Nexus' 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 Dada Nexus' current price.Cycle Indicators | ||
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Pattern Recognition | ||
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Volume Indicators |
Dada Nexus Market Strength Events
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.
Accumulation Distribution | 19051.8 | |||
Daily Balance Of Power | (0.50) | |||
Rate Of Daily Change | 0.99 | |||
Day Median Price | 1.35 | |||
Day Typical Price | 1.35 | |||
Price Action Indicator | (0.01) | |||
Period Momentum Indicator | (0.02) |
Dada Nexus Risk Indicators
The analysis of Dada Nexus' 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 Dada Nexus' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dada 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.
Mean Deviation | 5.19 | |||
Semi Deviation | 5.73 | |||
Standard Deviation | 7.02 | |||
Variance | 49.35 | |||
Downside Variance | 40.63 | |||
Semi Variance | 32.84 | |||
Expected Short fall | (6.65) |
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.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Dada Nexus offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dada Nexus' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dada Nexus Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dada Nexus Stock:Check out Historical Fundamental Analysis of Dada Nexus to cross-verify your projections. For information on how to trade Dada Stock refer to our How to Trade Dada Stock guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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 (1.11) | 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.