Daqo New Energy Stock Price on January 2, 2025
DQ Stock | USD 20.85 0.61 3.01% |
If you're considering investing in Daqo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Daqo New stands at 20.85, as last reported on the 5th of January, with the highest price reaching 21.38 and the lowest price hitting 19.44 during the day. Daqo New Energy secures Sharpe Ratio (or Efficiency) of -0.0257, which denotes the company had a -0.0257% return per unit of risk over the last 3 months. Daqo New Energy exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Daqo New's Variance of 38.35, standard deviation of 6.19, and Mean Deviation of 4.17 to check the risk estimate we provide.
Daqo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Daqo |
Sharpe Ratio = -0.0257
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Estimated Market Risk
6.19 actual daily | 55 55% of assets are less volatile |
Expected Return
-0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Daqo New 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 Daqo New by adding Daqo New to a well-diversified portfolio.
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Daqo New Valuation on January 2, 2025
It is possible to determine the worth of Daqo New on a given historical date. On January 2, 2025 Daqo was worth 19.37 at the beginning of the trading date compared to the closed value of 20.24. 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 | |
19.18 | 19.61 | 19.06 | 19.44 | 659,886 | |
01/02/2025 | 19.37 | 20.53 | 19.37 | 20.24 | 648,102 |
19.59 | 21.38 | 19.44 | 20.85 | 1,287,381 |
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Daqo New Trading Date Momentum on January 2, 2025
On January 03 2025 Daqo New Energy was traded for 20.85 at the closing time. The highest price during the trading period was 21.38 and the lowest recorded bid was listed for 19.44 . The volume for the day was 1.3 M. This history from January 3, 2025 contributed to the next trading day price gain. The overall trading delta to the next closing price was 3.01% . The overall trading delta to the current price is 3.21% . |
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
Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufactures in the Peoples Republic of China. Daqo New Energy Corp. was founded in 2006 and is based in Shanghai, the Peoples Republic of China. Daqo New operates under Semiconductor Equipment Materials classification in the United States and is traded on New York Stock Exchange. It employs 2399 people.
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 | January 5, 2025
| High |
0.00 | 0.00 |
Daqo New Energy cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Daqo New January 5, 2025 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
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 | (0.01) | |||
Jensen Alpha | (0.16) | |||
Total Risk Alpha | (0.26) | |||
Treynor Ratio | 0.2643 |
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Additional 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.