Dingdong Adr Stock Market Value
| DDL Stock | USD 3.93 0.18 4.38% |
| Symbol | Dingdong |
Dingdong ADR Price To Book Ratio
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.
Dingdong ADR 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Dingdong ADR's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Dingdong ADR.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Dingdong ADR on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Dingdong ADR or generate 0.0% return on investment in Dingdong ADR over 30 days. Dingdong ADR is related to or competes with Natural Grocers, Ingles Markets, Ocado Group, Weis Markets, and Albertsons Companies. Dingdong Limited operates an e-commerce company in China More
Dingdong ADR Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Dingdong ADR's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Dingdong ADR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.91 | |||
| Information Ratio | 0.2166 | |||
| Maximum Drawdown | 23.66 | |||
| Value At Risk | (6.82) | |||
| Potential Upside | 10.89 |
Dingdong ADR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dingdong ADR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dingdong ADR's standard deviation. In reality, there are many statistical measures that can use Dingdong ADR historical prices to predict the future Dingdong ADR's volatility.| Risk Adjusted Performance | 0.189 | |||
| Jensen Alpha | 1.4 | |||
| Total Risk Alpha | 0.5742 | |||
| Sortino Ratio | 0.243 | |||
| Treynor Ratio | (1.17) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dingdong ADR's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Dingdong ADR Backtested Returns
Dingdong ADR is slightly risky given 3 months investment horizon. Dingdong ADR secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the company had a 0.2% return per unit of risk over the last 3 months. We were able to break down twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.11% are justified by taking the suggested risk. Use Dingdong ADR Coefficient Of Variation of 422.8, downside deviation of 4.91, and Mean Deviation of 4.55 to evaluate company specific risk that cannot be diversified away. Dingdong ADR holds a performance score of 15 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -1.1, which means a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Dingdong ADR are expected to decrease slowly. On the other hand, during market turmoil, Dingdong ADR is expected to outperform it slightly. Use Dingdong ADR sortino ratio, skewness, period momentum indicator, as well as the relationship between the potential upside and rate of daily change , to analyze future returns on Dingdong ADR.
Auto-correlation | -0.33 |
Poor reverse predictability
Dingdong ADR has poor reverse predictability. Overlapping area represents the amount of predictability between Dingdong ADR time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Dingdong ADR price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Dingdong ADR price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Dingdong ADR lagged returns against current returns
Autocorrelation, which is Dingdong ADR stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Dingdong ADR's stock expected returns. We can calculate the autocorrelation of Dingdong ADR returns to help us make a trade decision. For example, suppose you find that Dingdong ADR has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Dingdong ADR regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Dingdong ADR stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dingdong ADR stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dingdong ADR stock over time.
Current vs Lagged Prices |
| Timeline |
Dingdong ADR Lagged Returns
When evaluating Dingdong ADR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dingdong ADR stock have on its future price. Dingdong ADR autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Dingdong ADR autocorrelation shows the relationship between Dingdong ADR stock current value and its past values and can show if there is a momentum factor associated with investing in Dingdong ADR.
Regressed Prices |
| Timeline |
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Dingdong ADR 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.