Pinduoduo Stock Market Value


USD 74.05  8.30  12.62%   

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

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

Pinduoduo Inc '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 Pinduoduo Inc'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 Pinduoduo Inc.
No Change 0.00  0.0 
In 1 year 10 months and 21 days
If you would invest  0.00  in Pinduoduo Inc on January 8, 2021 and sell it all today you would earn a total of 0.00 from holding Pinduoduo Inc ADR or generate 0.0% return on investment in Pinduoduo Inc over 690 days. Pinduoduo Inc is related to or competes with Amazon, Alibaba Group, Jd Inc, and Wix. Pinduoduo Inc., through its subsidiaries, operates an e-commerce platform in the Peoples Republic of China More

Pinduoduo Inc 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 Pinduoduo Inc'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 Pinduoduo Inc ADR upside and downside potential and time the market with a certain degree of confidence.

Pinduoduo Inc Market Risk Indicators

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

Pinduoduo ADR Backtested Returns

Pinduoduo Inc appears to be very steady, given 3 months investment horizon. Pinduoduo ADR maintains Sharpe Ratio (i.e., Efficiency) of 0.0396, which implies the firm had 0.0396% of return per unit of risk over the last 3 months. Our standpoint towards forecasting the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for Pinduoduo ADR, which you can use to evaluate the future volatility of the company. Please evaluate Pinduoduo Inc's Risk Adjusted Performance of 0.1297, semi deviation of 5.33, and Coefficient Of Variation of 1163.09 to confirm if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Pinduoduo Inc holds a performance score of 3. The company holds a Beta of 0.9033, which implies possible diversification benefits within a given portfolio. Let's try to break down what Pinduoduo's beta means in this case. Pinduoduo Inc returns are very sensitive to returns on the market. As the market goes up or down, Pinduoduo Inc is expected to follow. Although it is important to respect Pinduoduo ADR current trending patterns, it is better to be realistic regarding the information on the equity's existing price patterns. The philosophy towards forecasting 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. By analyzing Pinduoduo ADR technical indicators, you can presently evaluate if the expected return of 0.22% will be sustainable into the future. Please employ Pinduoduo ADR semi variance, rate of daily change, and the relationship between the value at risk and kurtosis to make a quick decision on whether Pinduoduo Inc historical price patterns will revert.



Weak reverse predictability

Pinduoduo Inc ADR has weak reverse predictability. Overlapping area represents the amount of predictability between Pinduoduo Inc time series from 8th of January 2021 to 19th of December 2021 and 19th of December 2021 to 29th 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 Pinduoduo ADR price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Pinduoduo Inc price fluctuation can be explain by its past prices.
Correlation Coefficient-0.26
Spearman Rank Test-0.31
Residual Average0.0
Price Variance101.17

Pinduoduo ADR lagged returns against current returns

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

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

Pinduoduo Inc Lagged Returns

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

Pinduoduo Inc Investors Sentiment

The influence of Pinduoduo Inc'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 Pinduoduo. 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.
Investor biases related to Pinduoduo Inc's public news can be used to forecast risks associated with investment in Pinduoduo. The trend in average sentiment can be used to explain how an investor holding Pinduoduo can time the market purely based on public headlines and social activities around Pinduoduo Inc ADR. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Pinduoduo Inc's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Pinduoduo Inc's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Pinduoduo Inc's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Pinduoduo Inc.

Pinduoduo Inc Implied Volatility

Pinduoduo Inc's implied volatility exposes the market's sentiment of Pinduoduo Inc ADR stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Pinduoduo Inc'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 Pinduoduo Inc stock will not fluctuate a lot when Pinduoduo Inc'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 Pinduoduo Inc 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, Pinduoduo Inc's short interest history, or implied volatility extrapolated from Pinduoduo Inc options trading.

Currently Active Assets on Macroaxis

Please check Pinduoduo Inc Correlation, Pinduoduo Inc Volatility and Pinduoduo Inc Alpha and Beta module to complement your research on Pinduoduo Inc. Note that the Pinduoduo ADR information on this page should be used as a complementary analysis to other Pinduoduo Inc'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 Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

Complementary Tools for Pinduoduo Stock analysis

When running Pinduoduo ADR price analysis, check to measure Pinduoduo Inc'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 Pinduoduo Inc is operating at the current time. Most of Pinduoduo Inc's value examination focuses on studying past and present price action to predict the probability of Pinduoduo Inc's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Pinduoduo Inc's price. Additionally, you may evaluate how the addition of Pinduoduo Inc to your portfolios can decrease your overall portfolio volatility.
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Pinduoduo Inc 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 Pinduoduo Inc technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Pinduoduo Inc 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...