Youdao Inc Stock Technical Analysis
DAO Stock | USD 3.55 0.02 0.56% |
As of the 19th of April, Youdao maintains the Mean Deviation of 3.24, downside deviation of 4.14, and Market Risk Adjusted Performance of 0.0477. Youdao Inc technical analysis makes it possible for you to employ past prices and volume data with the intention to determine a pattern that calculates the direction of the company's future prices. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Youdao Inc, which can be compared to its peers. Please check out Youdao Inc variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Youdao Inc is priced fairly, providing market reflects its latest price of 3.55 per share. Given that Youdao Inc has jensen alpha of (0.04), we strongly advise you to confirm Youdao Inc's prevalent market performance to make sure the company can sustain itself at a future point.
Youdao Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Youdao, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to YoudaoYoudao |
Youdao Analyst Consensus
Target Price | Advice | # of Analysts | |
6.79 | Strong Buy | 8 | Odds |
Most Youdao analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Youdao stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Youdao Inc, talking to its executives and customers, or listening to Youdao conference calls.
Youdao 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.
Youdao Inc Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Youdao Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Youdao Inc Trend Analysis
Use this graph to draw trend lines for Youdao Inc. You can use it to identify possible trend reversals for Youdao 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 Youdao price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Youdao Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Youdao Inc applied against its price change over selected period. The best fit line has a slop of 0.01 , which may imply that Youdao Inc will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 1.24, which is the sum of squared deviations for the predicted Youdao price change compared to its average price change.About Youdao 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 Youdao Inc 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 Youdao Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Youdao Inc price pattern first instead of the macroeconomic environment surrounding Youdao Inc. By analyzing Youdao'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 Youdao'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 Youdao specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 12.59 | 8.59 | 9.88 | 14.28 | Days Of Inventory On Hand | 45.99 | 34.93 | 31.44 | 21.34 |
Youdao April 19, 2024 Technical Indicators
Most technical analysis of Youdao 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 Youdao from various momentum indicators to cycle indicators. When you analyze Youdao 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 | 0.0209 | |||
Market Risk Adjusted Performance | 0.0477 | |||
Mean Deviation | 3.24 | |||
Semi Deviation | 3.88 | |||
Downside Deviation | 4.14 | |||
Coefficient Of Variation | 5051.77 | |||
Standard Deviation | 4.5 | |||
Variance | 20.23 | |||
Information Ratio | 0.0045 | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.35) | |||
Sortino Ratio | 0.0049 | |||
Treynor Ratio | 0.0377 | |||
Maximum Drawdown | 22.75 | |||
Value At Risk | (6.03) | |||
Potential Upside | 10.95 | |||
Downside Variance | 17.12 | |||
Semi Variance | 15.02 | |||
Expected Short fall | (3.53) | |||
Skewness | 0.8222 | |||
Kurtosis | 1.48 |
Youdao April 19, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Youdao stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 6,141 | ||
Daily Balance Of Power | (0.12) | ||
Rate Of Daily Change | 0.99 | ||
Day Median Price | 3.59 | ||
Day Typical Price | 3.57 | ||
Price Action Indicator | (0.05) |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Youdao Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Youdao Inc information on this page should be used as a complementary analysis to other Youdao's 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for Youdao Stock analysis
When running Youdao's price analysis, check to measure Youdao'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 Youdao is operating at the current time. Most of Youdao's value examination focuses on studying past and present price action to predict the probability of Youdao's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Youdao's price. Additionally, you may evaluate how the addition of Youdao to your portfolios can decrease your overall portfolio volatility.
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |
Is Youdao'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 Youdao. If investors know Youdao 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 Youdao 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 3.723 | Earnings Share (0.63) | Revenue Per Share 44.399 | Quarterly Revenue Growth 0.018 | Return On Assets (0.15) |
The market value of Youdao Inc is measured differently than its book value, which is the value of Youdao that is recorded on the company's balance sheet. Investors also form their own opinion of Youdao's value that differs from its market value or its book value, called intrinsic value, which is Youdao'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 Youdao's market value can be influenced by many factors that don't directly affect Youdao'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 Youdao's value and its price as these two are different measures arrived at by different means. Investors typically determine if Youdao is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Youdao'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.