Daqo New Energy Stock Price on May 7, 2021
| DQ Stock | USD 23.75 0.74 3.22% |
Below is the normalized historical share price chart for Daqo New Energy extending back to October 07, 2010. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Daqo New stands at 23.75, as last reported on the 25th of April, with the highest price reaching 23.75 and the lowest price hitting 22.01 during the day.
If you're considering investing in Daqo Stock, it is important to understand the factors that can impact its price. Daqo New appears to be not too volatile, given 3 months investment horizon. Daqo New Energy secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for Daqo New Energy, which you can use to evaluate the volatility of the firm. Please utilize Daqo New's Downside Deviation of 3.4, coefficient of variation of 1448.31, and Mean Deviation of 2.77 to check if our risk estimates are consistent with your expectations.
At this time, Daqo New's Total Stockholder Equity is relatively stable compared to the past year. As of 04/25/2024, Other Stockholder Equity is likely to grow to about 2.6 B, while Preferred Stock Total Equity is likely to drop slightly above 44.5 M. . At this time, Daqo New's Price To Sales Ratio is relatively stable compared to the past year. As of 04/25/2024, Price Earnings Ratio is likely to grow to 4.96, while Price Cash Flow Ratio is likely to drop 0.65. Daqo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 7th of October 2010 | 200 Day MA 27.408 | 50 Day MA 24.0628 | Beta 0.209 |
Daqo |
Sharpe Ratio = 0.1148
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | DQ | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.54 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.41 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Daqo New is performing at about 8% of its full potential. 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 Daqo New by adding it to a well-diversified portfolio.
Price Book 0.3229 | Enterprise Value Ebitda (3.14) | Price Sales 0.6649 | Shares Float 229.3 M | Wall Street Target Price 34.66 |
Daqo New Valuation on May 7, 2021
It is possible to determine the worth of Daqo New on a given historical date. On May 7, 2021 Daqo was worth 42.01 at the beginning of the trading date compared to the closed value of 43.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Daqo New stock. Still, in general, we apply an absolute valuation method to find Daqo New's 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 Daqo New where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Daqo New's related companies.
| Open | High | Low | Close | Volume | |
04/11/2022 | 42.01 | 44.54 | 41.42 | 43.01 | 1,306,200 |
| 44.07 | 45.53 | 40.30 | 40.34 | 1,972,600 |
| Backtest Daqo New | | | Daqo New History | | | Daqo New Valuation | Next |
Daqo New Trading Date Momentum on May 7, 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.Daqo New Energy Fundamentals Correlations and Trends
By evaluating Daqo New's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Daqo New's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Daqo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Daqo New Stock history
Daqo New 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 Daqo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Daqo New Energy 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 Daqo New stock prices may prove useful in developing a viable investing in Daqo New
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 75 M | 47.8 M | |
| Net Income Applicable To Common Shares | 2.1 B | 2.2 B |
Daqo New Stock Technical Analysis
Daqo New 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
Daqo New Period Price Range
Low | April 11, 2022
| High |
42.01 | 43.01 |
Daqo New April 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Daqo New stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Daqo New shares will generate the highest return on investment. By undertsting and applying Daqo New stock market strength indicators, traders can identify Daqo New Energy entry and exit signals to maximize returns
| Accumulation Distribution | 91498.52 | |||
| Daily Balance Of Power | 0.3205 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 42.98 | |||
| Day Typical Price | 42.99 | |||
| Price Action Indicator | 0.53 | |||
| Period Momentum Indicator | (19.26) | |||
| Relative Strength Index | 53.14 |
Daqo New Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Daqo New's price direction in advance. Along with the technical and fundamental analysis of Daqo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Daqo 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 | 0.0513 | |||
| Jensen Alpha | 0.0064 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.0445 | |||
| Treynor Ratio | 0.0877 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Daqo New Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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.
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |
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 (0.85) | Earnings Share 5.62 | Revenue Per Share 30.897 | Quarterly Revenue Growth (0.45) | Return On Assets 0.0651 |
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.