Dada Nexus Stock Price on February 16, 2021
| DADA Stock | USD 1.86 0.04 2.11% |
If you're considering investing in Dada Stock, it is important to understand the factors that can impact its price. As of today, the current price of Dada Nexus stands at 1.86, as last reported on the 24th of April, with the highest price reaching 1.95 and the lowest price hitting 1.85 during the day. We consider Dada Nexus dangerous. Dada Nexus secures Sharpe Ratio (or Efficiency) of 0.0025, which denotes the company had a 0.0025% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Dada Nexus, which you can use to evaluate the volatility of the firm. Please confirm Dada Nexus' Mean Deviation of 4.27, downside deviation of 5.06, and Semi Deviation of 4.76 to check if the risk estimate we provide is consistent with the expected return of 0.016%.
At present, Dada Nexus' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Total Equity is expected to grow to about 771.6 K, whereas Common Stock Shares Outstanding is forecasted to decline to about 242.7 M. . At present, Dada Nexus' Price Book Value Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 0.67, whereas Price To Sales Ratio is forecasted to decline to 0.55. Dada Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Dada |
Sharpe Ratio = 0.0025
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| Negative Returns | DADA |
Estimated Market Risk
| 6.48 actual daily | 57 57% of assets are less volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Dada Nexus is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Dada Nexus by adding Dada Nexus to a well-diversified portfolio.
Price Book 0.5289 | Enterprise Value Ebitda 0.013 | Price Sales 0.0476 | Shares Float 329 M | Wall Street Target Price 6.03 |
Dada Nexus Valuation on February 16, 2021
It is possible to determine the worth of Dada Nexus on a given historical date. On February 16, 2021 Dada was worth 8.55 at the beginning of the trading date compared to the closed value of 8.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dada Nexus stock. Still, in general, we apply an absolute valuation method to find Dada Nexus' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Dada Nexus where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dada Nexus' related companies.
| Open | High | Low | Close | Volume | |
04/11/2022 | 8.55 | 8.99 | 8.25 | 8.65 | 949,300 |
| 8.73 | 9.44 | 8.73 | 8.91 | 1,280,200 |
| Backtest Dada Nexus | | | Dada Nexus History | | | Dada Nexus Valuation | Next |
Dada Nexus Trading Date Momentum on February 16, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Dada Nexus Fundamentals Correlations and Trends
By evaluating Dada Nexus' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Dada Nexus' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dada financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dada Nexus Stock history
Dada Nexus investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Dada is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dada Nexus will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Dada Nexus stock prices may prove useful in developing a viable investing in Dada Nexus
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 260.2 M | 242.7 M | |
| Net Loss | -1.8 B | -1.9 B |
Dada Nexus Quarterly Net Working Capital |
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Dada Nexus Stock Technical Analysis
Dada Nexus 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.
Price Boundaries
Dada Nexus Period Price Range
Low | April 11, 2022
| High |
8.55 | 8.65 |
Dada Nexus April 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Dada Nexus stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dada Nexus shares will generate the highest return on investment. By undertsting and applying Dada Nexus stock market strength indicators, traders can identify Dada Nexus entry and exit signals to maximize returns
| Accumulation Distribution | 78140.38 | |||
| Daily Balance Of Power | 0.1351 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 8.62 | |||
| Day Typical Price | 8.63 | |||
| Price Action Indicator | 0.08 | |||
| Period Momentum Indicator | (6.79) |
Dada Nexus Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dada Nexus' price direction in advance. Along with the technical and fundamental analysis of Dada Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dada to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0255 | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.73) | |||
| Sortino Ratio | 0.0151 | |||
| Treynor Ratio | 0.0499 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dada Nexus. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Dada Stock refer to our How to Trade Dada Stock guide.Note that the Dada Nexus information on this page should be used as a complementary analysis to other Dada Nexus' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Dada Stock analysis
When running Dada Nexus' price analysis, check to measure Dada Nexus' 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 Dada Nexus is operating at the current time. Most of Dada Nexus' value examination focuses on studying past and present price action to predict the probability of Dada Nexus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dada Nexus' price. Additionally, you may evaluate how the addition of Dada Nexus to your portfolios can decrease your overall portfolio volatility.
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Is Dada Nexus' 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 Dada Nexus. If investors know Dada 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 Dada Nexus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.04) | Revenue Per Share 40.382 | Quarterly Revenue Growth (0.16) | Return On Assets (0.09) | Return On Equity (0.31) |
The market value of Dada Nexus is measured differently than its book value, which is the value of Dada that is recorded on the company's balance sheet. Investors also form their own opinion of Dada Nexus' value that differs from its market value or its book value, called intrinsic value, which is Dada Nexus' 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 Dada Nexus' market value can be influenced by many factors that don't directly affect Dada Nexus' 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 Dada Nexus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dada Nexus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dada Nexus' 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.