Pdd Holdings Stock Market Value
| PDD Stock | USD 98.80 0.51 0.51% |
| Symbol | PDD |
PDD Holdings Price To Book Ratio
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 10.16 | 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.
PDD Holdings '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 PDD Holdings' 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 PDD Holdings.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in PDD Holdings on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding PDD Holdings or generate 0.0% return on investment in PDD Holdings over 720 days. PDD Holdings is related to or competes with Alibaba Group, Sea, MercadoLibre, Vipshop Holdings, Amazon, JD, and Global E. Pinduoduo Inc., through its subsidiaries, operates an e-commerce platform in the Peoples Republic of China More
PDD Holdings 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 PDD Holdings' 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 PDD Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.62 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 24.21 | |||
| Value At Risk | (6.03) | |||
| Potential Upside | 4.85 |
PDD Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PDD Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PDD Holdings' standard deviation. In reality, there are many statistical measures that can use PDD Holdings historical prices to predict the future PDD Holdings' volatility.| Risk Adjusted Performance | 0.0203 | |||
| Jensen Alpha | 0.0586 | |||
| Total Risk Alpha | (0.56) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.97) |
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 Backtested Returns
At this point, PDD Holdings is very steady. PDD Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.0299, which implies the firm had a 0.0299% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for PDD Holdings, which you can use to evaluate the volatility of the company. Please check PDD Holdings' Semi Deviation of 3.56, mean deviation of 2.59, and Risk Adjusted Performance of 0.0203 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. PDD Holdings has a performance score of 2 on a scale of 0 to 100. The company holds a Beta of -0.0538, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PDD Holdings are expected to decrease at a much lower rate. During the bear market, PDD Holdings is likely to outperform the market. PDD Holdings now holds a risk of 3.75%. Please check PDD Holdings information ratio, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to decide if PDD Holdings will be following its historical price patterns.
Auto-correlation | -0.31 |
Poor reverse predictability
PDD Holdings has poor reverse predictability. Overlapping area represents the amount of predictability between PDD Holdings time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of PDD Holdings price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current PDD Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 238.72 |
PDD Holdings lagged returns against current returns
Autocorrelation, which is PDD Holdings 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 PDD Holdings' stock expected returns. We can calculate the autocorrelation of PDD Holdings returns to help us make a trade decision. For example, suppose you find that PDD Holdings 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 |
PDD Holdings 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 PDD Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PDD Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PDD Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
PDD Holdings Lagged Returns
When evaluating PDD Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PDD Holdings stock have on its future price. PDD Holdings 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, PDD Holdings autocorrelation shows the relationship between PDD Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in PDD Holdings.
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 PDD Holdings is a strong investment it is important to analyze PDD Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PDD Holdings' future performance. For an informed investment choice regarding PDD Stock, refer to the following important reports:Check out PDD Holdings Correlation, PDD Holdings Volatility and PDD Holdings Alpha and Beta module to complement your research on PDD Holdings. For information on how to trade PDD Stock refer to our How to Trade PDD Stock guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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.