Pdd Holdings Stock Price on October 22, 2024
| PDD Stock | USD 100.69 0.62 0.62% |
Below is the normalized historical share price chart for PDD Holdings extending back to July 26, 2018. 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 PDD Holdings stands at 100.69, as last reported on the 25th of November, with the highest price reaching 100.75 and the lowest price hitting 96.91 during the day.
If you're considering investing in PDD Stock, it is important to understand the factors that can impact its price. At this point, PDD Holdings is very steady. PDD Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.0385, which implies the firm had a 0.0385% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for PDD Holdings, which you can use to evaluate the volatility of the company. Please check PDD Holdings' Mean Deviation of 3.11, coefficient of variation of (1,210), and Risk Adjusted Performance of (0.05) to confirm if the risk estimate we provide is consistent with the expected return of 0.15%.
At present, PDD Holdings' Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. . At present, PDD Holdings' Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting. PDD Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of July 2018 | 200 Day MA 127.8513 | 50 Day MA 123.2376 | Beta 0.705 |
PDD |
Sharpe Ratio = 0.0385
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| Cash | Small Risk | Average Risk | PDD | Huge Risk |
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Estimated Market Risk
| 3.88 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average PDD Holdings is performing at about 3% 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 PDD Holdings by adding it to a well-diversified portfolio.
Price Book 3.6106 | Enterprise Value Ebitda 5.5629 | Price Sales 0.4068 | Shares Float 3 B | Wall Street Target Price 1.1 K |
PDD Holdings Valuation on October 22, 2024
It is possible to determine the worth of PDD Holdings on a given historical date. On October 22, 2024 PDD was worth 128.4 at the beginning of the trading date compared to the closed value of 128.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PDD Holdings stock. Still, in general, we apply an absolute valuation method to find PDD Holdings' 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 PDD Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PDD Holdings' related companies.
| Open | High | Low | Close | Volume | |
| 122.74 | 126.42 | 122.52 | 124.86 | 4,892,214 | |
10/22/2024 | 128.40 | 135.26 | 127.05 | 128.51 | 16,048,560 |
| 129.09 | 129.42 | 121.41 | 122.34 | 11,824,130 |
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PDD Holdings Trading Date Momentum on October 22, 2024
| On October 23 2024 PDD Holdings was traded for 122.34 at the closing time. Highest PDD Holdings's price during the trading hours was 129.42 and the lowest price during the day was 121.41 . The net volume was 11.8 M. The overall trading history on the 23rd of October contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 4.80% . The trading delta at closing time to current price is 6.62% . |
PDD Holdings Fundamentals Correlations and Trends
By evaluating PDD Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among PDD Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PDD financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PDD Holdings Stock history
PDD Holdings 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 PDD is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PDD Holdings 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 PDD Holdings stock prices may prove useful in developing a viable investing in PDD Holdings
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.5 B | 1.3 B | |
| Net Income Applicable To Common Shares | 36.3 B | 38.1 B |
PDD Holdings Quarterly Net Working Capital |
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PDD Holdings Stock Technical Analysis
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.
Price Boundaries
PDD Holdings Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
PDD Holdings 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.
PDD Holdings November 25, 2024 Market Strength
Market strength 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 undertsting and applying PDD Holdings stock market strength indicators, traders can identify PDD Holdings entry and exit signals to maximize returns
PDD Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PDD Holdings' price direction in advance. Along with the technical and fundamental analysis of PDD Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PDD 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 | (0.05) | |||
| Jensen Alpha | (0.42) | |||
| Total Risk Alpha | (1.27) | |||
| Treynor Ratio | 2.07 |
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Complementary Tools for PDD Stock analysis
When running PDD Holdings' price analysis, check to measure PDD Holdings' 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 PDD Holdings is operating at the current time. Most of PDD Holdings' value examination focuses on studying past and present price action to predict the probability of PDD Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PDD Holdings' price. Additionally, you may evaluate how the addition of PDD Holdings to your portfolios can decrease your overall portfolio volatility.
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