Dada Nexus Stock Alpha and Beta Analysis

DADA
 Stock
  

USD 4.78  0.04  0.84%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Dada Nexus. It also helps investors analyze the systematic and unsystematic risks associated with investing in Dada Nexus over a specified time horizon. Remember, high Dada Nexus' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Continue to Dada Nexus Backtesting, Dada Nexus Valuation, Dada Nexus Correlation, Dada Nexus Hype Analysis, Dada Nexus Volatility, Dada Nexus History and analyze Dada Nexus Performance.
  
Please note that although Dada Nexus alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Dada Nexus did 0.65  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Dada Nexus stock's relative risk over its benchmark. Dada Nexus has a beta of 1.18  . 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.
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Dada Nexus Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Dada Nexus market risk premium is the additional return an investor will receive from holding Dada Nexus long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Dada Nexus. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Dada Nexus' performance over market.
α-0.65   β1.18
90 days against DJI

Dada Nexus expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Dada Nexus' Buy-and-hold return. Our buy-and-hold chart shows how Dada Nexus performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Dada Nexus Market Price Analysis

Market price analysis indicators help investors to evaluate how Dada Nexus stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dada Nexus shares will generate the highest return on investment. By understating and applying Dada Nexus stock market price indicators, traders can identify Dada Nexus position entry and exit signals to maximize returns.

Dada Nexus Return and Market Media

The median price of Dada Nexus for the period between Wed, Jun 29, 2022 and Tue, Sep 27, 2022 is 6.82 with a coefficient of variation of 16.08. The daily time series for the period is distributed with a sample standard deviation of 1.12, arithmetic mean of 6.93, and mean deviation of 0.91. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Even after rising 5.1 percent this past week, Dada Nexus sha...08/11/2022
2
EPS Reported08/22/2022
3
Other08/23/2022
4
Is Dada Nexus Ltd - ADR Stock About to Get Hot Friday - Inve...08/26/2022
5
Stitch Fix , Dada Nexus , Leju Hldgs , Bed Bath Beyond NASDA...09/07/2022
6
10 Consumer Discretionary Stocks Moving In Fridays Pre-Marke...09/23/2022

About Dada Nexus Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Dada Nexus or other stocks. Alpha measures the amount that position in Dada Nexus has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.

Dada Nexus Upcoming Company Events

As portrayed in its financial statements, the presentation of Dada Nexus' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Dada Nexus' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Dada Nexus' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Dada Nexus. Please utilize our Beneish M Score to check the likelihood of Dada Nexus' management manipulating its earnings.
Upcoming Quarterly Report14th of March 2022
Next Financial Report6th of June 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End14th of March 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

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Continue to Dada Nexus Backtesting, Dada Nexus Valuation, Dada Nexus Correlation, Dada Nexus Hype Analysis, Dada Nexus Volatility, Dada Nexus History and analyze Dada Nexus Performance. 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 Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

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