Chindata Stock Market Value

CD
 Stock
  

USD 8.67  0.91  11.73%   

Chindata Group's market value is the price at which a share of Chindata Group stock trades on a public exchange. It measures the collective expectations of Chindata Group Holdings investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Chindata Group Holdings and determine expected loss or profit from investing in Chindata Group over a given investment horizon. Continue to Chindata Group Hype Analysis, Chindata Group Correlation, Chindata Group Valuation, Chindata Group Volatility, as well as analyze Chindata Group Alpha and Beta and Chindata Group Performance.
Symbol
Backtest


Is Chindata Group's industry 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 Chindata Group. If investors know Chindata 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 Chindata Group 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 YOY
0.63
Market Capitalization
3.2 B
Quarterly Revenue Growth YOY
0.43
Return On Assets
0.0285
Return On Equity
0.0351
The market value of Chindata Group Holdings is measured differently than its book value, which is the value of Chindata that is recorded on the company's balance sheet. Investors also form their own opinion of Chindata Group's value that differs from its market value or its book value, called intrinsic value, which is Chindata Group's 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 Chindata Group's market value can be influenced by many factors that don't directly affect Chindata Group's 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 Chindata Group's value and its price as these two are different measures arrived at by different means. Investors typically determine Chindata Group value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chindata Group's 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.

Chindata Group '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 Chindata Group's 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 Chindata Group.
0.00
07/14/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
07/04/2022
0.00
If you would invest  0.00  in Chindata Group on July 14, 2020 and sell it all today you would earn a total of 0.00 from holding Chindata Group Holdings or generate 0.0% return on investment in Chindata Group over 720 days. Chindata Group is related to or competes with Accenture Plc, American Virtual, Broadridge Financial, CDW Corp, Mereo Biopharma, Walmart, and Hp. Chindata Group Holdings Limited provides carrier-neutral hyper scale data center solutions in China, India, and Southeas...More

Chindata Group 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 Chindata Group's 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 Chindata Group Holdings upside and downside potential and time the market with a certain degree of confidence.

Chindata Group Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Chindata Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Chindata Group's standard deviation. In reality, there are many statistical measures that can use Chindata Group historical prices to predict the future Chindata Group's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Chindata Group's 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. Please use the tools below to analyze the current value of Chindata Group in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
2.988.4613.94
Details
Intrinsic
Valuation
LowReal ValueHigh
5.0210.5015.98
Details
Naive
Forecast
LowNext ValueHigh
3.198.6714.14
Details
3 Analysts
Consensus
LowTarget PriceHigh
15.5517.1818.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Chindata Group. Your research has to be compared to or analyzed against Chindata Group's peers to derive any actionable benefits. When done correctly, Chindata Group's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Chindata Group Holdings.

Chindata Group Holdings Backtested Returns

Chindata Group appears to be slightly risky, given 3 months investment horizon. Chindata Group Holdings secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had 0.12% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. By analyzing Chindata Group Holdings technical indicators you can presently evaluate if the expected return of 0.64% is justified by implied risk. Please makes use of Chindata Group's Mean Deviation of 4.35, downside deviation of 5.15, and Risk Adjusted Performance of 0.1349 to double-check if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Chindata Group holds a performance score of 8. The firm shows a Beta (market volatility) of 1.1706, which signifies a somewhat significant risk relative to the market. Let's try to break down what Chindata's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Chindata Group will likely underperform. Although it is vital to follow Chindata Group Holdings historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. We have found twenty-one technical indicators for Chindata Group Holdings, which you can use to evaluate the performance of the firm. Please makes use of Chindata Group Holdings coefficient of variation, jensen alpha, potential upside, as well as the relationship between the variance and maximum drawdown to make a quick decision on whether Chindata Group price patterns will revert.

Auto-correlation

    
  0.15  

Insignificant predictability

Chindata Group Holdings has insignificant predictability. Overlapping area represents the amount of predictability between Chindata Group time series from 14th of July 2020 to 9th of July 2021 and 9th of July 2021 to 4th of July 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Chindata Group Holdings price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Chindata Group price fluctuation can be explain by its past prices.
Correlation Coefficient0.15
Spearman Rank Test0.21
Residual Average0.0
Price Variance7.67

Chindata Group Holdings lagged returns against current returns

Autocorrelation, which is Chindata Group 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 Chindata Group's stock expected returns. We can calculate the autocorrelation of Chindata Group returns to help us make a trade decision. For example, suppose you find that Chindata Group stock 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 stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

Chindata Group 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 Chindata Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Chindata Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Chindata Group stock over time.
 Current vs Lagged Prices 
Share
      Timeline 

Chindata Group Lagged Returns

When evaluating Chindata Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Chindata Group stock have on its future price. Chindata Group 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, Chindata Group autocorrelation shows the relationship between Chindata Group stock current value and its past values and can show if there is a momentum factor associated with investing in Chindata Group Holdings.
 Regressed Prices 
Share
      Timeline 

Chindata Group Investors Sentiment

The influence of Chindata Group's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Chindata. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Chindata Group Implied Volatility

    
  100.53  
Chindata Group's implied volatility exposes the market's sentiment of Chindata Group Holdings stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Chindata Group's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Chindata Group stock will not fluctuate a lot when Chindata Group's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Chindata Group in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Chindata Group's short interest history, or implied volatility extrapolated from Chindata Group options trading.

Current Sentiment - CD

Chindata Group Holdings Investor Sentiment

Macroaxis portfolio users are unresponsive in their opinion about investing in Chindata Group Holdings. What is your opinion about investing in Chindata Group Holdings? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish

Pair Trading with Chindata Group

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Chindata Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Chindata Group will appreciate offsetting losses from the drop in the long position's value.

Chindata Group Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Chindata Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chindata Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Chindata Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Chindata Group Holdings to buy it.
The correlation of Chindata Group is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Chindata Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chindata Group Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Chindata Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Chindata Group Hype Analysis, Chindata Group Correlation, Chindata Group Valuation, Chindata Group Volatility, as well as analyze Chindata Group Alpha and Beta and Chindata Group Performance. Note that the Chindata Group Holdings information on this page should be used as a complementary analysis to other Chindata Group's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Global Correlations module to find global opportunities by holding instruments from different markets.

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When running Chindata Group Holdings price analysis, check to measure Chindata Group'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 Chindata Group is operating at the current time. Most of Chindata Group's value examination focuses on studying past and present price action to predict the probability of Chindata Group's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Chindata Group's price. Additionally, you may evaluate how the addition of Chindata Group to your portfolios can decrease your overall portfolio volatility.
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Chindata Group 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.
A focus of Chindata Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Chindata Group trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...