Short Interest in Dingdong Limited Declines By 5.6
| DDL Stock | USD 4.02 0.10 2.55% |
About 62% of all Dingdong ADR's institutional investors are looking to take a long position. The analysis of current outlook of investing in Dingdong ADR suggests that some traders are interested regarding Dingdong ADR's prospects. Dingdong ADR's investing sentiment shows overall attitude of investors towards Dingdong ADR.
Dingdong |
Dingdong Limited saw a large drop in short interest in October. As of October 15th, there was short interest totalling 795,500 shares, a drop of 5.6 percent from the September 30th total of 843,000 shares. Approximately 0.6 percent of the companys stock are short sold. Based on an average daily volume
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Dingdong ADR Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Dingdong ADR can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Dingdong ADR Fundamental Analysis
We analyze Dingdong ADR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dingdong ADR using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dingdong ADR based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
Dingdong ADR is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Dingdong ADR Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Dingdong ADR stock to make a market-neutral strategy. Peer analysis of Dingdong ADR could also be used in its relative valuation, which is a method of valuing Dingdong ADR by comparing valuation metrics with similar companies.
Peers
Dingdong ADR Related Equities
| OCDDY | Ocado Group | 1.25 | ||||
| ACI | Albertsons Companies | 0.41 | ||||
| KR | Kroger | 0.12 | ||||
| VLGEA | Village Super | 0.65 | ||||
| NGVC | Natural Grocers | 0.77 | ||||
| SFM | Sprouts Farmers | 0.87 | ||||
| IMKTA | Ingles Markets | 1.16 | ||||
| ASAI | Sendas Distribuidora | 6.96 |
Check out Dingdong ADR Hype Analysis, Dingdong ADR Correlation and Dingdong ADR Performance. For more information on how to buy Dingdong Stock please use our How to buy in Dingdong Stock guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Consumer Staples Distribution & Retail 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 Dingdong ADR. If investors know Dingdong 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 Dingdong ADR 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 (0.81) | Earnings Share (0.02) | Revenue Per Share 102.231 | Quarterly Revenue Growth 0.272 | Return On Assets 0.0144 |
The market value of Dingdong ADR is measured differently than its book value, which is the value of Dingdong that is recorded on the company's balance sheet. Investors also form their own opinion of Dingdong ADR's value that differs from its market value or its book value, called intrinsic value, which is Dingdong ADR'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 Dingdong ADR's market value can be influenced by many factors that don't directly affect Dingdong ADR'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 Dingdong ADR's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dingdong ADR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dingdong ADR'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.