Dada Nexus Stock Performance

DADA
 Stock
  

USD 4.74  0.02  0.42%   

The firm shows a Beta (market volatility) of 1.1803, which means a somewhat significant risk relative to the market. Let's try to break down what Dada Nexus'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, Dada Nexus will likely underperform. Even though it is essential to pay attention to Dada Nexus historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy in 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. Dada Nexus exposes twenty-one different technical indicators, which can help you to evaluate its performance. Dada Nexus has an expected return of -0.83%. Please be advised to confirm Dada Nexus variance, maximum drawdown, and the relationship between the coefficient of variation and jensen alpha to decide if Dada Nexus performance from the past will be repeated at some point in the near future.
  
Dada Nexus Performance
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Over the last 90 days Dada Nexus has generated negative risk-adjusted returns adding no value to investors with long positions. Despite unsteady performance in the last few months, the Stock's fundamental indicators remain somewhat strong which may send shares a bit higher in October 2022. The current disturbance may also be a sign of long term up-swing for the company investors. ...more

Dada Nexus Price Channel

Quick Ratio4.32
Fifty Two Week Low4.5800
Target High Price27.85
Fifty Two Week High24.8300
Target Low Price9.28

Dada Nexus Relative Risk vs. Return Landscape

If you would invest  861.00  in Dada Nexus on June 27, 2022 and sell it today you would lose (387.00)  from holding Dada Nexus or give up 44.95% of portfolio value over 90 days. Dada Nexus is currently does not generate positive expected returns and assumes 4.4745% risk (volatility on return distribution) over the 90 days horizon. In different words, 38% of stocks are less volatile than Dada Nexus, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  
Given the investment horizon of 90 days Dada Nexus is expected to under-perform the market. In addition to that, the company is 4.08 times more volatile than its market benchmark. It trades about -0.19 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.08 per unit of volatility.

Dada Nexus Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Dada Nexus' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Dada Nexus, and traders can use it to determine the average amount a Dada Nexus' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.1854

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Negative ReturnsDADA
Estimated Market Risk
 4.47
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 38 %
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3838
Expected Return
 -0.83
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Based on monthly moving average Dada Nexus is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Dada Nexus by adding it to a well-diversified portfolio.

About Dada Nexus Performance

To evaluate Dada Nexus Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Dada Nexus generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Dada Nexus Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Dada Nexus market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Dada Nexus's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Dada Nexus Limited operates a platform of local on-demand retail and delivery in the Peoples Republic of China. The company was incorporated in 2014 and is headquartered in Shanghai, the Peoples Republic of China. Dada Nexus operates under Internet Retail classification in the United States and is traded on NASDAQ Exchange. It employs 3132 people.

Things to note about Dada Nexus

Checking the ongoing alerts about Dada Nexus for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Dada Nexus help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Dada Nexus Alerts

Equity Alerts and Improvement Suggestions

Dada Nexus generated a negative expected return over the last 90 days
Dada Nexus has high historical volatility and very poor performance
The company reported the previous year's revenue of 7.22 B. Net Loss for the year was (2.37 B) with profit before overhead, payroll, taxes, and interest of 1.73 B.
Dada Nexus currently holds about 4.49 B in cash with (2.66 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 17.25, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Latest headline from www.benzinga.com: 10 Consumer Discretionary Stocks Moving In Fridays Pre-Market Session - Aspen Gr , Cricut - Benzinga
Continue to Investing Opportunities. Note that the Dada Nexus information on this page should be used as a complementary analysis to other Dada Nexus' 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 Transaction History module to view history of all your transactions and understand their impact on performance.

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When running Dada Nexus price analysis, check to measure Dada Nexus' 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 Dada Nexus is operating at the current time. Most of Dada Nexus' value examination focuses on studying past and present price action to predict the probability of Dada Nexus' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Dada Nexus' price. Additionally, you may evaluate how the addition of Dada Nexus to your portfolios can decrease your overall portfolio volatility.
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Is Dada Nexus' 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 Dada Nexus. If investors know Dada Nexus 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 Nexus 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 Dada Nexus value 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.