Fangdd Network Group Stock Market Value
| DUO Stock | USD 0.54 0.02 3.85% |
| Symbol | Fangdd |
Fangdd Network Group Price To Book Ratio
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.
Fangdd Network '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 Fangdd Network'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 Fangdd Network.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Fangdd Network on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Fangdd Network Group or generate 0.0% return on investment in Fangdd Network over 510 days. Fangdd Network is related to or competes with MDJM, Frp Holdings, Ucommune International, Ohmyhome Limited, Avalon GloboCare, IRSA Inversiones, and RMR. Fangdd Network Group Ltd., an investment holding company, provides real estate information services through online platf... More
Fangdd Network 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 Fangdd Network'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 Fangdd Network Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 12.46 | |||
| Information Ratio | 0.0917 | |||
| Maximum Drawdown | 178.92 | |||
| Value At Risk | (23.50) | |||
| Potential Upside | 29.2 |
Fangdd Network Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fangdd Network's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fangdd Network's standard deviation. In reality, there are many statistical measures that can use Fangdd Network historical prices to predict the future Fangdd Network's volatility.| Risk Adjusted Performance | 0.0835 | |||
| Jensen Alpha | 2.32 | |||
| Total Risk Alpha | (1.57) | |||
| Sortino Ratio | 0.1956 | |||
| Treynor Ratio | 1.3 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fangdd Network'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.
Fangdd Network Group Backtested Returns
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-eight 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 12.46, mean deviation of 13.87, and Coefficient Of Variation of 1035.46 to evaluate company specific risk that cannot be diversified away. Fangdd Network holds a performance score of 7 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.96, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Fangdd Network will likely underperform. Use Fangdd Network treynor ratio and the relationship between the semi variance and period momentum indicator , to analyze future returns on Fangdd Network.
Auto-correlation | -0.16 |
Insignificant reverse predictability
Fangdd Network Group has insignificant reverse predictability. Overlapping area represents the amount of predictability between Fangdd Network time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Fangdd Network Group price movement. The serial correlation of -0.16 indicates that over 16.0% of current Fangdd Network price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.33 |
Fangdd Network Group lagged returns against current returns
Autocorrelation, which is Fangdd Network 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 Fangdd Network's stock expected returns. We can calculate the autocorrelation of Fangdd Network returns to help us make a trade decision. For example, suppose you find that Fangdd Network 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 |
Fangdd Network 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 Fangdd Network stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fangdd Network stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fangdd Network stock over time.
Current vs Lagged Prices |
| Timeline |
Fangdd Network Lagged Returns
When evaluating Fangdd Network's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fangdd Network stock have on its future price. Fangdd Network 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, Fangdd Network autocorrelation shows the relationship between Fangdd Network stock current value and its past values and can show if there is a momentum factor associated with investing in Fangdd Network Group.
Regressed Prices |
| Timeline |
Pair Trading with Fangdd Network
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fangdd Network position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fangdd Network will appreciate offsetting losses from the drop in the long position's value.Moving together with Fangdd Stock
Moving against Fangdd Stock
| 0.49 | BATRK | Atlanta Braves Holdings, | PairCorr |
| 0.48 | AMC | AMC Entertainment Aggressive Push | PairCorr |
| 0.45 | ADV | Advantage Solutions | PairCorr |
| 0.44 | BATRA | Atlanta Braves Holdings, | PairCorr |
The ability to find closely correlated positions to Fangdd Network could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fangdd Network when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fangdd Network - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fangdd Network Group to buy it.
The correlation of Fangdd Network is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fangdd Network moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fangdd Network Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Fangdd Network can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Fangdd Network Correlation, Fangdd Network Volatility and Fangdd Network Alpha and Beta module to complement your research on Fangdd Network. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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.