Daqo New Energy Stock Odds of Future Stock Price Finishing Over 23.75
| DQ Stock | USD 18.91 0.23 1.20% |
Closest to current price Daqo long CALL Option Payoff at Expiration
Daqo |
Daqo New Target Price Odds to finish over 23.75
The tendency of Daqo Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 23.75 or more in 90 days |
| 18.91 | 90 days | 23.75 | about 42.23 |
Based on a normal probability distribution, the odds of Daqo New to move over $ 23.75 or more in 90 days from now is about 42.23 (This Daqo New Energy probability density function shows the probability of Daqo Stock to fall within a particular range of prices over 90 days) . Probability of Daqo New Energy price to stay between its current price of $ 18.91 and $ 23.75 at the end of the 90-day period is about 45.07 .
Allowing for the 90-day total investment horizon the stock has the beta coefficient of 3.03 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Daqo New will likely underperform. Additionally Daqo New Energy has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Daqo New Price Density |
| Price |
Predictive Modules for Daqo New
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Daqo New Energy. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Daqo New'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.
Daqo New Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Daqo New is not an exception. The market had few large corrections towards the Daqo New's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Daqo New Energy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Daqo New within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.08 | |
β | Beta against NYSE Composite | 3.03 | |
σ | Overall volatility | 3.62 | |
Ir | Information ratio | 0.02 |
Daqo New Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Daqo New for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Daqo New Energy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Daqo New Energy had very high historical volatility over the last 90 days | |
| Daqo New Energy is unlikely to experience financial distress in the next 2 years | |
| About 59.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: Daqo New Energy First Quarter 2024 Earnings Misses Expectations |
Daqo New Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Daqo Stock often depends not only on the future outlook of the current and potential Daqo New's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Daqo New's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 75 M | |
| Cash And Short Term Investments | 3 B |
Daqo New Technical Analysis
Daqo New's future price can be derived by breaking down and analyzing its technical indicators over time. Daqo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Daqo New Energy. In general, you should focus on analyzing Daqo Stock price patterns and their correlations with different microeconomic environments and drivers.
Daqo New Predictive Forecast Models
Daqo New's time-series forecasting models is one of many Daqo New's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Daqo New's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Daqo New Energy
Checking the ongoing alerts about Daqo New for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Daqo New Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Daqo New Energy had very high historical volatility over the last 90 days | |
| Daqo New Energy is unlikely to experience financial distress in the next 2 years | |
| About 59.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: Daqo New Energy First Quarter 2024 Earnings Misses Expectations |
Check out Daqo New Backtesting, Daqo New Valuation, Daqo New Correlation, Daqo New Hype Analysis, Daqo New Volatility, Daqo New History as well as Daqo New Performance. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Daqo Stock analysis
When running Daqo New's price analysis, check to measure Daqo New'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 Daqo New is operating at the current time. Most of Daqo New's value examination focuses on studying past and present price action to predict the probability of Daqo New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daqo New's price. Additionally, you may evaluate how the addition of Daqo New to your portfolios can decrease your overall portfolio volatility.
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |
Is Daqo New's industry 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 Daqo New. If investors know Daqo 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 Daqo New 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 (0.93) | Earnings Share 2.43 | Revenue Per Share 28.129 | Quarterly Revenue Growth (0.41) | Return On Assets 0.0284 |
The market value of Daqo New Energy is measured differently than its book value, which is the value of Daqo that is recorded on the company's balance sheet. Investors also form their own opinion of Daqo New's value that differs from its market value or its book value, called intrinsic value, which is Daqo New'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 Daqo New's market value can be influenced by many factors that don't directly affect Daqo New'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 Daqo New's value and its price as these two are different measures arrived at by different means. Investors typically determine if Daqo New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Daqo New'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.