Pinduoduo Stock Price History

PDD Stock  USD 78.85  70.13  47.07%   
Below is the normalized historical share price chart for Pinduoduo extending back to July 26, 2018. 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 Pinduoduo stands at 78.85, as last reported on the 16th of June 2024, with the highest price reaching 80.50 and the lowest price hitting 74.61 during the day.
IPO Date
26th of July 2018
200 Day MA
125.2298
50 Day MA
135.833
Beta
0.632
 
Covid
If you're considering investing in Pinduoduo Stock, it is important to understand the factors that can impact its price. Pinduoduo maintains Sharpe Ratio (i.e., Efficiency) of -0.0766, which implies the firm had a -0.0766% return per unit of risk over the last 3 months. Pinduoduo exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pinduoduo's Risk Adjusted Performance of 0.0524, semi deviation of 2.92, and Coefficient Of Variation of 1569.51 to confirm the risk estimate we provide.
  
At present, Pinduoduo's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation To Revenue is expected to grow to 0.03, whereas Common Stock Shares Outstanding is forecasted to decline to about 1.3 B. . At present, Pinduoduo's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting. Pinduoduo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0766

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Estimated Market Risk

 7.31
  actual daily
64
64% of assets are less volatile

Expected Return

 -0.56
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Pinduoduo 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 Pinduoduo by adding Pinduoduo to a well-diversified portfolio.
Price Book
5.9297
Enterprise Value Ebitda
1.7363
Price Sales
0.6197
Shares Float
B
Wall Street Target Price
206.54

Pinduoduo Stock Price History Chart

There are several ways to analyze Pinduoduo Stock price data. The simplest method is using a basic Pinduoduo candlestick price chart, which shows Pinduoduo price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceMay 24, 2024157.57
Lowest PriceJune 16, 202478.85

Pinduoduo June 16, 2024 Stock Price Synopsis

Various analyses of Pinduoduo's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Pinduoduo Stock. It can be used to describe the percentage change in the price of Pinduoduo from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Pinduoduo Stock.
Pinduoduo Price Daily Balance Of Power(11.91)
Pinduoduo Price Rate Of Daily Change 0.53 
Pinduoduo Price Action Indicator(33.77)

Pinduoduo June 16, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Pinduoduo Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Pinduoduo intraday prices and daily technical indicators to check the level of noise trading in Pinduoduo Stock and then apply it to test your longer-term investment strategies against Pinduoduo.

Pinduoduo Stock Price History Data

The price series of Pinduoduo for the period between Mon, Mar 18, 2024 and Sun, Jun 16, 2024 has a statistical range of 20.91 with a coefficient of variation of 8.13. The price distribution for the period has arithmetic mean of 69.7. The median price for the last 90 days is 69.58.
OpenHighLowCloseVolume
06/16/2024
 75.40  80.50  74.61  78.85 
06/14/2024 149.35  150.53  147.05  148.98  8,054,400 
06/13/2024 151.31  152.90  150.40  151.07  5,000,000 
06/12/2024 147.16  151.01  145.40  151.00  7,274,800 
06/11/2024 147.62  149.55  146.70  146.93  8,708,200 
06/07/2024 140.44  144.09  140.31  143.90  4,578,300 
06/06/2024 143.00  144.68  141.85  143.83  6,998,100 
06/05/2024 145.22  145.28  141.01  142.80  10,824,200 
06/04/2024 148.30  148.68  143.93  145.88  5,865,100 
05/31/2024 149.00  150.49  148.55  149.78  7,643,800 
05/30/2024 151.21  155.50  150.50  152.03  9,514,500 
05/29/2024 146.49  154.28  145.40  151.27  12,598,300 
05/28/2024 158.92  160.00  148.62  149.72  17,839,900 
05/24/2024 158.89  164.69  157.46  157.57  19,104,500 
05/23/2024 150.00  160.00  149.98  153.63  21,406,700 
05/22/2024 150.26  156.50  144.12  147.09  29,565,300 
05/21/2024 144.68  148.49  144.31  145.45  11,746,400 
05/17/2024 144.76  149.42  143.19  146.19  16,060,800 
05/16/2024 141.75  144.00  140.84  143.38  9,881,400 
05/15/2024 140.68  141.49  137.73  141.30  4,941,500 
05/14/2024 138.51  139.11  136.80  138.69  6,574,000 
05/10/2024 138.81  140.25  136.15  136.27  4,231,100 
05/09/2024 140.90  141.46  136.14  136.38  5,784,100 
05/08/2024 136.18  140.27  135.99  139.16  5,431,700 
05/07/2024 136.12  138.92  135.40  137.65  5,092,300 
05/03/2024 137.54  140.21  136.56  140.18  11,575,700 
05/02/2024 128.97  139.75  128.70  137.54  21,585,700 
05/01/2024 125.09  126.75  122.56  124.49  4,560,500 
04/30/2024 127.44  127.48  124.53  125.18  7,345,800 
04/26/2024 129.36  130.02  124.86  129.31  11,547,600 
04/25/2024 124.90  126.18  124.06  125.79  7,765,000 
04/24/2024 128.34  130.29  126.07  127.55  7,222,900 
04/23/2024 125.38  129.62  125.03  128.02  15,521,500 
04/19/2024 112.99  113.57  110.65  113.49  9,388,400 
04/18/2024 114.00  116.15  113.66  113.70  5,136,400 
04/17/2024 114.07  114.89  112.60  113.43  4,628,700 
04/16/2024 112.62  115.45  111.86  113.52  5,151,500 
04/12/2024 119.30  119.38  115.27  115.50  8,903,600 
04/11/2024 120.54  121.68  118.85  121.13  4,386,200 
04/10/2024 122.00  122.67  118.26  119.70  5,325,700 
04/09/2024 118.00  121.14  118.00  121.10  6,069,300 
04/05/2024 117.90  118.13  116.17  117.87  8,612,100 
04/04/2024 120.10  120.73  117.40  117.47  4,876,900 
04/03/2024 117.51  119.89  117.06  119.52  3,669,000 
04/02/2024 119.13  119.17  116.57  118.24  4,791,600 
03/28/2024 115.44  118.00  114.80  116.25  6,942,400 
03/27/2024 116.21  118.23  115.43  116.66  8,372,600 
03/26/2024 115.71  120.19  113.84  120.10  9,556,000 
03/22/2024 122.00  127.57  120.25  122.99  12,427,800 
03/21/2024 129.90  131.90  121.37  122.30  19,340,900 
03/20/2024 147.09  148.30  127.64  132.17  45,616,100 
03/19/2024 128.20  128.50  124.26  127.68  10,253,000 
03/15/2024 124.73  125.40  122.38  123.74  10,534,100 
03/14/2024 123.24  123.72  119.64  123.20  8,818,600 
03/13/2024 122.24  127.85  121.64  122.36  12,512,700 
03/12/2024 115.09  119.10  115.00  118.16  10,782,800 
03/08/2024 115.97  116.06  108.87  110.34  15,199,500 
03/07/2024 115.79  118.09  115.09  117.14  6,558,100 
03/06/2024 122.50  122.87  116.37  116.64  11,791,400 
03/05/2024 122.05  122.67  119.01  121.33  5,291,800 
03/01/2024 126.90  129.08  126.35  126.85  4,479,100 

About Pinduoduo Stock history

Pinduoduo 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 Pinduoduo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pinduoduo 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 Pinduoduo stock prices may prove useful in developing a viable investing in Pinduoduo
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.5 B1.3 B
Net Income Applicable To Common Shares36.3 B38.1 B

Pinduoduo Quarterly Net Working Capital

165.07 Billion

Pinduoduo Stock Technical Analysis

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.
A focus of Pinduoduo technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Pinduoduo trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Pinduoduo Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Pinduoduo's price direction in advance. Along with the technical and fundamental analysis of Pinduoduo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pinduoduo 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.

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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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