Pdd Holdings Stock Probability of Future Stock Price Finishing Under 88.15
| PDD Stock | USD 99.72 0.86 0.86% |
PDD |
PDD Holdings Target Price Odds to finish below 88.15
The tendency of PDD 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 drop to $ 88.15 or more in 90 days |
| 99.72 | 90 days | 88.15 | under 4 |
Based on a normal probability distribution, the odds of PDD Holdings to drop to $ 88.15 or more in 90 days from now is under 4 (This PDD Holdings probability density function shows the probability of PDD Stock to fall within a particular range of prices over 90 days) . Probability of PDD Holdings price to stay between $ 88.15 and its current price of $99.72 at the end of the 90-day period is about 9.72 .
Considering the 90-day investment horizon PDD Holdings has a beta of -0.34 indicating as returns on the benchmark increase, returns on holding PDD Holdings are expected to decrease at a much lower rate. During a bear market, however, PDD Holdings is likely to outperform the market. Additionally PDD Holdings has an alpha of 0.0363, implying that it can generate a 0.0363 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). PDD Holdings Price Density |
| Price |
Predictive Modules for PDD Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PDD Holdings. 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 PDD Holdings' 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.
PDD Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PDD Holdings is not an exception. The market had few large corrections towards the PDD Holdings' 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 PDD Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PDD Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | -0.34 | |
σ | Overall volatility | 16.26 | |
Ir | Information ratio | -0.0026 |
PDD Holdings 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 PDD Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PDD Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| PDD Holdings generated a negative expected return over the last 90 days | |
| PDD Holdings has high historical volatility and very poor performance | |
| PDD Holdings is unlikely to experience financial distress in the next 2 years | |
| Latest headline from gurufocus.com: Pinduoduo Sees Pre-Market Increase Amid Positive Industry Outlook |
PDD Holdings 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 PDD Stock often depends not only on the future outlook of the current and potential PDD Holdings' 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. PDD Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.5 B | |
| Cash And Short Term Investments | 217.2 B |
PDD Holdings Technical Analysis
PDD Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. PDD Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PDD Holdings. In general, you should focus on analyzing PDD Stock price patterns and their correlations with different microeconomic environments and drivers.
PDD Holdings Predictive Forecast Models
PDD Holdings' time-series forecasting models is one of many PDD Holdings' 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 PDD Holdings' 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 PDD Holdings
Checking the ongoing alerts about PDD Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PDD Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PDD Holdings generated a negative expected return over the last 90 days | |
| PDD Holdings has high historical volatility and very poor performance | |
| PDD Holdings is unlikely to experience financial distress in the next 2 years | |
| Latest headline from gurufocus.com: Pinduoduo Sees Pre-Market Increase Amid Positive Industry Outlook |
Check out PDD Holdings Backtesting, PDD Holdings Valuation, PDD Holdings Correlation, PDD Holdings Hype Analysis, PDD Holdings Volatility, PDD Holdings History as well as PDD Holdings Performance. For information on how to trade PDD Stock refer to our How to Trade PDD Stock guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Broadline Retail space 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 PDD Holdings. If investors know PDD 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 PDD Holdings 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 1.4 | Earnings Share 10.07 | Revenue Per Share 248.59 | Quarterly Revenue Growth 0.857 | Return On Assets 0.1725 |
The market value of PDD Holdings is measured differently than its book value, which is the value of PDD that is recorded on the company's balance sheet. Investors also form their own opinion of PDD Holdings' value that differs from its market value or its book value, called intrinsic value, which is PDD Holdings' 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 PDD Holdings' market value can be influenced by many factors that don't directly affect PDD Holdings' 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 PDD Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if PDD Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PDD Holdings' 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.