Fangdd Network Group Stock Price on March 21, 2024
DUO Stock | USD 0.54 0.02 3.85% |
Below is the normalized historical share price chart for Fangdd Network Group extending back to November 01, 2019. 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 Fangdd Network stands at 0.54, as last reported on the 26th of November, with the highest price reaching 0.59 and the lowest price hitting 0.51 during the day.
If you're considering investing in Fangdd Stock, it is important to understand the factors that can impact its price. Fangdd Network is out of control given 3 months investment horizon. Fangdd Network Group secures Sharpe Ratio (or Efficiency) of 0.1, which denotes the company had a 0.1% return per unit of risk over the last 3 months. We are able to break down and analyze data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 2.73% are justified by taking the suggested risk. Use Fangdd Network Downside Deviation of 12.3, coefficient of variation of 1073.56, and Mean Deviation of 13.88 to evaluate company specific risk that cannot be diversified away.
At this time, Fangdd Network's Total Stockholder Equity is very stable compared to the past year. As of the 26th of November 2024, Common Stock Total Equity is likely to grow to 1,208, while Common Stock Shares Outstanding is likely to drop about 3.5 M. . As of the 26th of November 2024, Price To Sales Ratio is likely to drop to 0.06. In addition to that, Price Earnings Ratio is likely to grow to -0.18. Fangdd Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of November 2019 | 200 Day MA 0.7056 | 50 Day MA 1.2206 | Beta 1.297 |
Fangdd |
Sharpe Ratio = 0.1009
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Estimated Market Risk
27.1 actual daily | 96 96% of assets are less volatile |
Expected Return
2.73 actual daily | 54 54% of assets have lower returns |
Risk-Adjusted Return
0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Fangdd Network 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 Fangdd Network by adding it to a well-diversified portfolio.
Price Book 0.4109 | Enterprise Value Ebitda 0.066 | Price Sales 0.0447 | Shares Float 6.3 M | Wall Street Target Price 8.02 |
Related Headline
New England Headline on 20th of March 2024
Disposition of tradable shares by Ronald Brown of New Englan... by Ronald Brown
Filed transaction by New England Realty Director, Officer President. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3
Fangdd Network Valuation on March 21, 2024
It is possible to determine the worth of Fangdd Network on a given historical date. On March 21, 2024 Fangdd was worth 0.49 at the beginning of the trading date compared to the closed value of 0.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fangdd Network stock. Still, in general, we apply an absolute valuation method to find Fangdd Network's 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 Fangdd Network where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fangdd Network's related companies.
Open | High | Low | Close | Volume | |
0.50 | 0.50 | 0.47 | 0.48 | 123,174 | |
03/21/2024 | 0.49 | 0.49 | 0.45 | 0.45 | 238,852 |
0.47 | 0.48 | 0.43 | 0.45 | 126,160 |
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Fangdd Network Trading Date Momentum on March 21, 2024
On March 22 2024 Fangdd Network Group was traded for 0.45 at the closing time. Highest Fangdd Network's price during the trading hours was 0.48 and the lowest price during the day was 0.43 . The net volume was 126.2 K. The overall trading history on the 22nd of March did not affect price variability. The overall trading delta to current price is 0.00% . |
Fangdd Network Group Fundamentals Correlations and Trends
By evaluating Fangdd Network's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Fangdd Network's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fangdd financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fangdd Network Stock history
Fangdd Network 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 Fangdd is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fangdd Network Group 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 Fangdd Network stock prices may prove useful in developing a viable investing in Fangdd Network
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 3.7 M | 3.5 M | |
Net Loss | -219.6 M | -230.6 M |
Fangdd Network Stock Technical Analysis
Fangdd Network 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
Fangdd Network Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Fangdd Network Group 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.
Fangdd Network November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Fangdd Network stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fangdd Network shares will generate the highest return on investment. By undertsting and applying Fangdd Network stock market strength indicators, traders can identify Fangdd Network Group entry and exit signals to maximize returns
Fangdd Network Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fangdd Network's price direction in advance. Along with the technical and fundamental analysis of Fangdd Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fangdd 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 | 0.0812 | |||
Jensen Alpha | 2.25 | |||
Total Risk Alpha | (1.72) | |||
Sortino Ratio | 0.1907 | |||
Treynor Ratio | 1.37 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fangdd Network Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Interactive Media & Services 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 Fangdd Network. If investors know Fangdd 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 Fangdd Network listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.23 | Earnings Share (3.11) | Revenue Per Share 45.159 | Quarterly Revenue Growth (0.09) | Return On Assets (0.20) |
The market value of Fangdd Network Group is measured differently than its book value, which is the value of Fangdd that is recorded on the company's balance sheet. Investors also form their own opinion of Fangdd Network's value that differs from its market value or its book value, called intrinsic value, which is Fangdd Network's 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 Fangdd Network's market value can be influenced by many factors that don't directly affect Fangdd Network's 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 Fangdd Network's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fangdd Network is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fangdd Network's 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.