Pinduoduo (Germany) Technical Analysis
| 9PDA Stock | EUR 111.00 10.50 10.45% |
As of the 22nd of November, Pinduoduo holds the Variance of 26.34, coefficient of variation of (3,901), and Risk Adjusted Performance of (0.01). Pinduoduo technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the company's future prices. Please check Pinduoduo standard deviation, information ratio, maximum drawdown, as well as the relationship between the variance and treynor ratio to decide if Pinduoduo is priced some-what accurately, providing market reflects its current price of 111.0 per share.
Pinduoduo Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Pinduoduo, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PinduoduoPinduoduo |
Pinduoduo 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.
Pinduoduo Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Pinduoduo volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Pinduoduo Trend Analysis
Use this graph to draw trend lines for Pinduoduo. You can use it to identify possible trend reversals for Pinduoduo as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Pinduoduo price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Pinduoduo Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Pinduoduo applied against its price change over selected period. The best fit line has a slop of 0.42 , which means Pinduoduo will continue generating value for investors. It has 122 observation points and a regression sum of squares at 6682.71, which is the sum of squared deviations for the predicted Pinduoduo price change compared to its average price change.About Pinduoduo Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Pinduoduo on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Pinduoduo based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Pinduoduo price pattern first instead of the macroeconomic environment surrounding Pinduoduo. By analyzing Pinduoduo's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Pinduoduo's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Pinduoduo specific price patterns or momentum indicators. Please read more on our technical analysis page.
Pinduoduo November 22, 2024 Technical Indicators
Most technical analysis of Pinduoduo help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Pinduoduo from various momentum indicators to cycle indicators. When you analyze Pinduoduo charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | 1.05 | |||
| Mean Deviation | 3.05 | |||
| Coefficient Of Variation | (3,901) | |||
| Standard Deviation | 5.13 | |||
| Variance | 26.34 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.81) | |||
| Treynor Ratio | 1.04 | |||
| Maximum Drawdown | 28.16 | |||
| Value At Risk | (5.86) | |||
| Potential Upside | 6.12 | |||
| Skewness | (2.06) | |||
| Kurtosis | 13.91 |
Complementary Tools for Pinduoduo Stock analysis
When running Pinduoduo's price analysis, check to measure Pinduoduo's 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 Pinduoduo is operating at the current time. Most of Pinduoduo's value examination focuses on studying past and present price action to predict the probability of Pinduoduo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pinduoduo's price. Additionally, you may evaluate how the addition of Pinduoduo to your portfolios can decrease your overall portfolio volatility.
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