Dada Nexus Stock Statistic Functions Linear Regression

DADA
 Stock
  

USD 4.65  0.31  7.14%   

Dada Nexus statistic functions tool provides the execution environment for running the Linear Regression function and other technical functions against Dada Nexus. Dada Nexus value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Linear Regression function function is designed to identify and follow existing trends. Dada Nexus statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Execute Function
The output start index for this execution was eight with a total number of output elements of fifty-three. The Linear Regression model generates relationship between price series of Dada Nexus and its peer or benchmark and helps predict Dada Nexus future price from its past values.
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Dada Nexus Technical Analysis Modules

Most technical analysis of Dada Nexus help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Dada Nexus from various momentum indicators to cycle indicators. When you analyze Dada Nexus charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Dada Nexus Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Dada Nexus. We use our internally-developed statistical techniques to arrive at the intrinsic value of Dada Nexus based on widely used predictive technical indicators. In general, we focus on analyzing Dada Nexus Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Dada Nexus's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Dada Nexus's intrinsic value. In addition to deriving basic predictive indicators for Dada Nexus, we also check how macroeconomic factors affect Dada Nexus price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Dada Nexus' 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 Dada Nexus in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.244.7111.39
Details
Intrinsic
Valuation
LowReal ValueHigh
4.1912.9619.64
Details
Naive
Forecast
LowNext ValueHigh
0.094.6811.36
Details
6 Analysts
Consensus
LowTarget PriceHigh
31.6038.6048.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Dada Nexus. Your research has to be compared to or analyzed against Dada Nexus' peers to derive any actionable benefits. When done correctly, Dada Nexus' 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 Dada Nexus.

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 Dada Nexus 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, Dada Nexus' short interest history, or implied volatility extrapolated from Dada Nexus options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Diversified Assets
Invested over 90 shares
Macroaxis Index
Invested over 90 shares
Baby Boomer Prospects
Invested over 90 shares
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 Bond Directory module to find actively traded corporate debentures issued by US companies.

Complementary Tools for Dada Nexus Stock analysis

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.
Market Capitalization
1.2 B
Quarterly Revenue Growth YOY
0.41
Return On Assets
(0.19) 
Return On Equity
(0.37) 
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.