Daqo New Stock Performance

DQ
 Stock
  

USD 53.41  0.33  0.62%   

The firm shows a Beta (market volatility) of 0.6714, 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 -0.27%. 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.
  
Daqo New Performance
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Over the last 90 days Daqo New Energy has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of conflicting performance in the last few months, the Stock's basic indicators remain very healthy which may send shares a bit higher in November 2022. The recent disarray may also be a sign of long period up-swing for the firm insiders. ...more

Daqo New Price Channel

Quick Ratio2.85
Fifty Two Week Low32.20
Target High Price137.00
Fifty Two Week High81.10
Target Low Price41.81

Daqo New Relative Risk vs. Return Landscape

If you would invest  6,700  in Daqo New Energy on July 6, 2022 and sell it today you would lose (1,359)  from holding Daqo New Energy or give up 20.28% of portfolio value over 90 days. Daqo New Energy is generating negative expected returns and assumes 4.3653% volatility on return distribution over the 90 days horizon. Put differently, 37% of stocks are less risky than Daqo New on the basis of their historical return distribution, and some 99% of all equities are expected to be superior in generating returns on investments over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Allowing for the 90-day total investment horizon Daqo New is expected to under-perform the market. In addition to that, the company is 3.62 times more volatile than its market benchmark. It trades about -0.06 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.06 per unit of volatility.

Daqo New Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Daqo New's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Daqo New Energy, and traders can use it to determine the average amount a Daqo New's 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 = -0.0611

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Negative ReturnsDQ
Estimated Market Risk
 4.37
  actual daily
 
 37 %
of total potential
 
3737
Expected Return
 -0.27
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 0 %
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Risk-Adjusted Return
 -0.06
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Based on monthly moving average Daqo New 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 Daqo New by adding it to a well-diversified portfolio.

About Daqo New Performance

To evaluate Daqo New Energy 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 Daqo New 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 Daqo New 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 Daqo New Energy market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Daqo New'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.
Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufactures in the Peoples Republic of China. Daqo New Energy Corp. was founded in 2006 and is based in Shanghai, the Peoples Republic of China. Daqo New operates under Semiconductor Equipment Materials classification in the United States and is traded on New York Stock Exchange. It employs 2399 people.

Things to note about Daqo New Energy

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

Daqo New Alerts

Equity Alerts and Improvement Suggestions

Daqo New Energy generated a negative expected return over the last 90 days
Daqo New Energy has high historical volatility and very poor performance
Daqo New Energy is unlikely to experience financial distress in the next 2 years
About 59.0% of the company shares are held by institutions such as insurance companies
Latest headline from seekingalpha.com: Daqo New Energy It Pays To Be Patient - Now We Turn Bullish - Seeking Alpha
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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.
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.