Pdd Holdings Stock Price on November 8, 2024

PDD Stock  USD 96.56  2.24  2.27%   
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 96.56, as last reported on the 1st of December, with the highest price reaching 98.48 and the lowest price hitting 95.86 during the day.
IPO Date
26th of July 2018
200 Day MA
127.2276
50 Day MA
123.269
Beta
0.705
 
Covid
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 0.0129, which implies the firm had a 0.0129% return per unit of risk over the last 3 months. We have found thirty technical indicators for PDD Holdings, which you can use to evaluate the volatility of the company. Please check PDD Holdings' Mean Deviation of 2.48, semi deviation of 3.18, and Risk Adjusted Performance of 0.0465 to confirm if the risk estimate we provide is consistent with the expected return of 0.0482%.
  
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.

Sharpe Ratio = 0.0129

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Negative ReturnsPDD

Estimated Market Risk

 3.73
  actual daily
33
67% of assets are more volatile

Expected Return

 0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
1
99% of assets perform better
Based on monthly moving average PDD Holdings is performing at about 1% 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
3.4901
Enterprise Value Ebitda
5.2953
Price Sales
0.4017
Shares Float
B
Wall Street Target Price
1.1 K

Related Headline

MercadoLibre Headline on 8th of November 2024

The rock star fund investor made a lot of big moves on Thursday.

PDD Holdings Valuation on November 8, 2024

It is possible to determine the worth of PDD Holdings on a given historical date. On November 8, 2024 PDD was worth 121.82 at the beginning of the trading date compared to the closed value of 117.81. 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
  125.07    127.26    123.50    125.87    9,762,269  
11/08/2024
  121.82    121.86    116.50    117.81    15,120,536  
  118.09    118.14    115.22    117.15    9,273,112  
Backtest PDD Holdings  |  PDD Holdings History  |  PDD Holdings Valuation   PreviousNext  
Open Value
121.82
110.64
Downside
117.81
Closing Value
133.00
Upside

PDD Holdings Trading Date Momentum on November 8, 2024

On November 11 2024 PDD Holdings was traded for  117.15  at the closing time. Highest PDD Holdings's price during the trading hours was 118.14  and the lowest price during the day was  115.22 . The net volume was 9.3 M. The overall trading history on the 11th of November 2024 contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.56% . The trading delta at closing time to current price is 1.24% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding1.5 B1.3 B
Net Income Applicable To Common Shares36.3 B38.1 B

PDD Holdings Quarterly Net Working Capital

206.83 Billion

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.
A focus of PDD Holdings technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of PDD Holdings trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

PDD Holdings Period Price Range

Low
December 1, 2024
0.00  NaN%
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 December 1, 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.

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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