Daqo New Stock Market Value

DQ
 Stock
  

USD 50.00  0.18  0.36%   

Daqo New's market value is the price at which a share of Daqo New stock trades on a public exchange. It measures the collective expectations of Daqo New Energy investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Daqo New Energy and determine expected loss or profit from investing in Daqo New over a given investment horizon. Continue to Daqo New Correlation, Daqo New Volatility and Daqo New Alpha and Beta module to complement your research on Daqo New.
Symbol


Is Daqo New'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 Daqo New. If investors know Daqo New 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 Daqo New 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
0.11
Market Capitalization
3.7 B
Quarterly Revenue Growth YOY
1.08
Return On Assets
0.33
Return On Equity
0.52
The market value of Daqo New Energy is measured differently than its book value, which is the value of Daqo New that is recorded on the company's balance sheet. Investors also form their own opinion of Daqo New's value that differs from its market value or its book value, called intrinsic value, which is Daqo New'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 Daqo New's market value can be influenced by many factors that don't directly affect Daqo New'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 Daqo New's value and its price as these two are different measures arrived at by different means. Investors typically determine Daqo New value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Daqo New'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.

Daqo New '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 Daqo New'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 Daqo New.
0.00
09/29/2022
No Change 0.00  0.0 
In 2 months and 2 days
11/28/2022
0.00
If you would invest  0.00  in Daqo New on September 29, 2022 and sell it all today you would earn a total of 0.00 from holding Daqo New Energy or generate 0.0% return on investment in Daqo New over 60 days. Daqo New is related to or competes with Albemarle Corp, Ashland, Cabot Corp, Celanese Corp, H B, International Flavors, and Orion Engineered. Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufa... More

Daqo New 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 Daqo New'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 Daqo New Energy upside and downside potential and time the market with a certain degree of confidence.

Daqo New Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Daqo New's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Daqo New's standard deviation. In reality, there are many statistical measures that can use Daqo New historical prices to predict the future Daqo New's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Daqo New'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 Daqo New in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
46.1650.1554.14
Details
Intrinsic
Valuation
LowReal ValueHigh
44.8463.2567.24
Details
Naive
Forecast
LowNext ValueHigh
43.2347.2251.21
Details
4 Analysts
Consensus
LowTarget PriceHigh
44.0078.68139.10
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Daqo New. Your research has to be compared to or analyzed against Daqo New's peers to derive any actionable benefits. When done correctly, Daqo New'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 Daqo New Energy.

Daqo New Energy Backtested Returns

Daqo New Energy secures Sharpe Ratio (or Efficiency) of -0.0844, which denotes the company had -0.0844% of return per unit of risk over the last 3 months. Macroaxis standpoint towards predicting the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Daqo New Energy exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Daqo New Energy coefficient of variation of (1,688), and Mean Deviation of 3.32 to check the risk estimate we provide.
The firm shows a Beta (market volatility) of 0.7216, which means possible diversification benefits within a given portfolio. Let's try to break down what Daqo New's beta means in this case. As returns on the market increase, Daqo New returns are expected to increase less than the market. However, during the bear market, the loss on holding Daqo New will be expected to be smaller as well. Even though it is essential to pay attention to Daqo New Energy historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards predicting any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Daqo New Energy exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Daqo New Energy has an expected return of -0.34%. Please be advised to confirm Daqo New Energy downside variance, and the relationship between the treynor ratio and kurtosis to decide if Daqo New Energy performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.52  

Good reverse predictability

Daqo New Energy has good reverse predictability. Overlapping area represents the amount of predictability between Daqo New time series from 29th of September 2022 to 29th of October 2022 and 29th of October 2022 to 28th of November 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 Daqo New Energy price movement. The serial correlation of -0.52 indicates that about 52.0% of current Daqo New price fluctuation can be explain by its past prices.
Correlation Coefficient-0.52
Spearman Rank Test-0.3
Residual Average0.0
Price Variance17.0

Daqo New Energy lagged returns against current returns

Autocorrelation, which is Daqo New 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 Daqo New's stock expected returns. We can calculate the autocorrelation of Daqo New returns to help us make a trade decision. For example, suppose you find that Daqo New 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  

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

Daqo New Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Daqo New without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Daqo New

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 Daqo New 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 Daqo New will appreciate offsetting losses from the drop in the long position's value.

Moving against Daqo New

-0.67BIIBBiogen Inc TrendingPairCorr
-0.55NTNXNutanix Earnings Call  This WeekPairCorr
The ability to find closely correlated positions to Daqo New could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Daqo New 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 Daqo New - 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 Daqo New Energy to buy it.
The correlation of Daqo New 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 Daqo New moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Daqo New Energy 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 Daqo New 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 Daqo New Correlation, Daqo New Volatility and Daqo New Alpha and Beta module to complement your research on Daqo New. You can also try Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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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.
A focus of Daqo New technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Daqo New 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...