Dada Nexus Stock Market Value
| DADA Stock | USD 1.85 0.01 0.54% |
| Symbol | Dada |
Is Consumer Staples Distribution & 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 Dada Nexus. If investors know Dada 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 Dada Nexus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Dada Nexus is measured differently than its book value, which is the value of Dada that is recorded on the company's balance sheet. Investors also form their own opinion of Dada Nexus' value that differs from its market value or its book value, called intrinsic value, which is Dada Nexus' 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 Dada Nexus' market value can be influenced by many factors that don't directly affect Dada Nexus' 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 Dada Nexus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dada Nexus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dada Nexus' 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.
Dada Nexus 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Dada Nexus' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Dada Nexus.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Dada Nexus on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Dada Nexus or generate 0.0% return on investment in Dada Nexus over 90 days. Dada Nexus is related to or competes with Vipshop Holdings, JD, PDD Holdings, Jumia Technologies, Baozun, Global E, and Liquidity Services. Dada Nexus Limited operates a platform of local on-demand retail and delivery in the Peoples Republic of China More
Dada Nexus Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Dada Nexus' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Dada Nexus upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.48 | |||
| Information Ratio | 0.1471 | |||
| Maximum Drawdown | 30.33 | |||
| Value At Risk | (3.88) | |||
| Potential Upside | 3.78 |
Dada Nexus Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dada Nexus' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dada Nexus' standard deviation. In reality, there are many statistical measures that can use Dada Nexus historical prices to predict the future Dada Nexus' volatility.| Risk Adjusted Performance | 0.1161 | |||
| Jensen Alpha | 0.5832 | |||
| Total Risk Alpha | 1.07 | |||
| Sortino Ratio | 0.2554 | |||
| Treynor Ratio | 0.9951 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dada Nexus' 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.
Dada Nexus Backtested Returns
Dada Nexus appears to be very risky, given 3 months investment horizon. Dada Nexus secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12 % return per unit of standard deviation over the last 3 months. By reviewing Dada Nexus' technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please utilize Dada Nexus' Downside Deviation of 2.48, mean deviation of 2.13, and Semi Deviation of 2.0 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Dada Nexus holds a performance score of 9. The firm shows a Beta (market volatility) of 0.53, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dada Nexus' returns are expected to increase less than the market. However, during the bear market, the loss of holding Dada Nexus is expected to be smaller as well. Please check Dada Nexus' jensen alpha, maximum drawdown, and the relationship between the coefficient of variation and sortino ratio , to make a quick decision on whether Dada Nexus' price patterns will revert.
Auto-correlation | -0.26 |
Weak reverse predictability
Dada Nexus has weak reverse predictability. Overlapping area represents the amount of predictability between Dada Nexus time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Dada Nexus price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Dada Nexus price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Dada Nexus lagged returns against current returns
Autocorrelation, which is Dada Nexus stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Dada Nexus' stock expected returns. We can calculate the autocorrelation of Dada Nexus returns to help us make a trade decision. For example, suppose you find that Dada Nexus has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Dada Nexus regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Dada Nexus stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dada Nexus stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dada Nexus stock over time.
Current vs Lagged Prices |
| Timeline |
Dada Nexus Lagged Returns
When evaluating Dada Nexus' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dada Nexus stock have on its future price. Dada Nexus autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Dada Nexus autocorrelation shows the relationship between Dada Nexus stock current value and its past values and can show if there is a momentum factor associated with investing in Dada Nexus.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Dada Nexus offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dada Nexus' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dada Nexus Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dada Nexus Stock:Check out Dada Nexus Correlation, Dada Nexus Volatility and Dada Nexus Alpha and Beta module to complement your research on Dada Nexus. For information on how to trade Dada Stock refer to our How to Trade Dada Stock guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Dada Nexus 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.