Dada Nexus Stock Price on September 26, 2024
| DADA Stock | USD 1.43 0.09 6.72% |
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 1.43, as last reported on the 28th of November, with the highest price reaching 1.45 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 appears to be very risky, given 3 months investment horizon. Dada Nexus secures Sharpe Ratio (or Efficiency) of 0.0946, which denotes the company had a 0.0946% return per unit of standard deviation over the last 3 months. By reviewing Dada Nexus' technical indicators, you can evaluate if the expected return of 0.66% is justified by implied risk. Please utilize Dada Nexus' Mean Deviation of 5.16, downside deviation of 6.14, and Semi Deviation of 5.48 to check if our risk estimates are consistent with your expectations.
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 1.6959 | 50 Day MA 1.659 | Beta 1.385 |
Dada |
Sharpe Ratio = 0.0946
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.94 actual daily | 61 61% of assets are less volatile |
Expected Return
| 0.66 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Dada Nexus is performing at about 7% of its full potential. 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 it to a well-diversified portfolio.
Price Book 0.5324 | Enterprise Value Ebitda 0.013 | Price Sales 0.0365 | Shares Float 383.6 M | Wall Street Target Price 19.0279 |
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Dada Nexus Valuation on September 26, 2024
It is possible to determine the worth of Dada Nexus on a given historical date. On September 26, 2024 Dada was worth 1.52 at the beginning of the trading date compared to the closed value of 1.6. 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 | |
| 1.42 | 1.42 | 1.34 | 1.36 | 1,092,800 | |
09/26/2024 | 1.52 | 1.61 | 1.44 | 1.60 | 3,826,387 |
| 1.72 | 1.83 | 1.70 | 1.81 | 6,459,929 |
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Dada Nexus Trading Date Momentum on September 26, 2024
| On September 27 2024 Dada Nexus was traded for 1.81 at the closing time. The top price for the day was 1.83 and the lowest listed price was 1.70 . The trading volume for the day was 6.5 M. The trading history from September 27, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 13.12% . The overall trading delta against the current closing price is 46.88% . |
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 |
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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 | November 28, 2024
| High |
0.00 | 0.00 |
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Dada Nexus November 28, 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 | 0.0711 | |||
| Jensen Alpha | 0.475 | |||
| Total Risk Alpha | (0.49) | |||
| Sortino Ratio | 0.071 | |||
| Treynor Ratio | 0.8347 |
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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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