Pdd Holdings Stock Alpha and Beta Analysis
| PDD Stock | USD 100.69 0.62 0.62% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as PDD Holdings. It also helps investors analyze the systematic and unsystematic risks associated with investing in PDD Holdings over a specified time horizon. Remember, high PDD Holdings' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to PDD Holdings' market risk premium analysis include:
Beta (0.21) | Alpha (0.42) | Risk 3.88 | Sharpe Ratio 0.0385 | Expected Return 0.15 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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PDD Holdings Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. PDD Holdings market risk premium is the additional return an investor will receive from holding PDD Holdings long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in PDD Holdings. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate PDD Holdings' performance over market.| α | -0.42 | β | -0.21 |
PDD Holdings expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of PDD Holdings' Buy-and-hold return. Our buy-and-hold chart shows how PDD Holdings performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.PDD Holdings Market Price Analysis
Market price analysis indicators help investors to evaluate how PDD Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PDD Holdings shares will generate the highest return on investment. By understating and applying PDD Holdings stock market price indicators, traders can identify PDD Holdings position entry and exit signals to maximize returns.
PDD Holdings Return and Market Media
The median price of PDD Holdings for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 120.56 with a coefficient of variation of 15.57. The daily time series for the period is distributed with a sample standard deviation of 18.34, arithmetic mean of 117.78, and mean deviation of 14.99. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Investors Heavily Search PDD Holdings Inc. Sponsored ADR Here is What You Need to Know | 10/29/2024 |
2 | PDD Holdings Unusual Options Activity For November 08 | 11/08/2024 |
3 | Griffon Q4 Earnings and Revenues Top Estimates | 11/13/2024 |
4 | Heres Why We Think PDD Holdings Is Well Worth Watching | 11/14/2024 |
5 | Chinese Investment Funds Adjust US Holdings PDD Leads Gains | 11/15/2024 |
6 | Alibaba Eyes Raising 5 Billion Via Bond Sale to Fund Debt Payoff and Stock Buybacks | 11/18/2024 |
7 | Star Equity Reports Q3 Loss, Tops Revenue Estimates | 11/19/2024 |
8 | Pinduoduo Q3 2024 Earnings Preview | 11/20/2024 |
9 | Pinduoduo Faces Challenges Amidst Strong Q3 Growth | 11/21/2024 |
10 | These Analysts Slash Their Forecasts On PDD Holdings Following Q3 Results | 11/22/2024 |
About PDD Holdings Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including PDD or other stocks. Alpha measures the amount that position in PDD Holdings has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2023 | 2024 (projected) | Dividend Yield | 1.03E-4 | 9.2E-5 | Price To Sales Ratio | 6.09 | 5.78 |
PDD Holdings Upcoming Company Events
As portrayed in its financial statements, the presentation of PDD Holdings' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, PDD Holdings' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of PDD Holdings' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of PDD Holdings. Please utilize our Beneish M Score to check the likelihood of PDD Holdings' management manipulating its earnings.
| 18th of March 2024 Upcoming Quarterly Report | View | |
| 24th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 18th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out PDD Holdings Backtesting, PDD Holdings Valuation, PDD Holdings Correlation, PDD Holdings Hype Analysis, PDD Holdings Volatility, PDD Holdings History and analyze PDD Holdings Performance. For information on how to trade PDD Stock refer to our How to Trade PDD Stock guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
PDD Holdings 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.