Pdd Holdings Stock Price on December 22, 2024
PDD Stock | USD 100.32 0.30 0.30% |
If you're considering investing in PDD Stock, it is important to understand the factors that can impact its price. As of today, the current price of PDD Holdings stands at 100.32, as last reported on the 10th of January, with the highest price reaching 101.34 and the lowest price hitting 98.60 during the day. PDD Holdings maintains Sharpe Ratio (i.e., Efficiency) of -0.16, which implies the firm had a -0.16% return per unit of risk over the last 3 months. PDD Holdings exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PDD Holdings' Coefficient Of Variation of (635.88), mean deviation of 1.9, and Risk Adjusted Performance of (0.12) to confirm the risk estimate we provide.
PDD Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
PDD |
Sharpe Ratio = -0.1573
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Estimated Market Risk
2.9 actual daily | 25 75% of assets are more volatile |
Expected Return
-0.46 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average PDD Holdings 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 PDD Holdings by adding PDD Holdings to a well-diversified portfolio.
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PDD Holdings Valuation on December 22, 2024
It is possible to determine the worth of PDD Holdings on a given historical date. On December 22, 2024 PDD was worth 98.55 at the beginning of the trading date compared to the closed value of 99.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PDD Holdings stock. Still, in general, we apply an absolute valuation method to find PDD Holdings' 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 PDD Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PDD Holdings' related companies.
Open | High | Low | Close | Volume | |
101.65 | 102.22 | 100.13 | 101.00 | 7,710,274 | |
12/20/2024 | 98.55 | 100.30 | 97.36 | 99.51 | 12,044,206 |
99.51 | 100.69 | 99.02 | 100.58 | 5,085,135 |
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PDD Holdings Trading Date Momentum on December 22, 2024
On December 23 2024 PDD Holdings was traded for 100.58 at the closing time. Highest PDD Holdings's price during the trading hours was 100.69 and the lowest price during the day was 99.02 . The net volume was 5.1 M. The overall trading history on the 23rd of December contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 1.08% . The trading delta at closing time to current price is 2.72% . |
PDD Holdings Fundamentals Correlations and Trends
By evaluating PDD Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among PDD Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PDD financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PDD Holdings Stock history
PDD Holdings 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 PDD is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PDD Holdings 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 PDD Holdings stock prices may prove useful in developing a viable investing in PDD Holdings
Pinduoduo Inc., through its subsidiaries, operates an e-commerce platform in the Peoples Republic of China. Pinduoduo Inc. was incorporated in 2015 and is headquartered in Shanghai, the Peoples Republic of China. Pinduoduo Inc operates under Internet Retail classification in the United States and is traded on NASDAQ Exchange. It employs 9762 people.
PDD Holdings Stock Technical Analysis
PDD Holdings 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
PDD Holdings Period Price Range
Low | January 10, 2025
| High |
0.00 | 0.00 |
PDD Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
PDD Holdings January 10, 2025 Market Strength
Market strength indicators help investors to evaluate how PDD Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PDD Holdings shares will generate the highest return on investment. By undertsting and applying PDD Holdings stock market strength indicators, traders can identify PDD Holdings entry and exit signals to maximize returns
PDD Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PDD Holdings' price direction in advance. Along with the technical and fundamental analysis of PDD Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PDD 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 | (0.12) | |||
Jensen Alpha | (0.46) | |||
Total Risk Alpha | (0.53) | |||
Treynor Ratio | 1.05 |
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Volume Indicators |
Complementary Tools for PDD Stock analysis
When running PDD Holdings' price analysis, check to measure PDD Holdings' 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 PDD Holdings is operating at the current time. Most of PDD Holdings' value examination focuses on studying past and present price action to predict the probability of PDD Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PDD Holdings' price. Additionally, you may evaluate how the addition of PDD Holdings to your portfolios can decrease your overall portfolio volatility.
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