Pinduoduo Stock Forecast - Price Action Indicator
| PDD Stock | USD 125.18 1.64 1.29% |
Pinduoduo Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Pinduoduo stock prices and determine the direction of Pinduoduo's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Pinduoduo's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Pinduoduo's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Pinduoduo's systematic risk associated with finding meaningful patterns of Pinduoduo fundamentals over time.
Check out Historical Fundamental Analysis of Pinduoduo to cross-verify your projections. Pinduoduo |
Open Interest Against 2024-05-03 Pinduoduo Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Pinduoduo's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Pinduoduo's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Pinduoduo stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Pinduoduo's open interest, investors have to compare it to Pinduoduo's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Pinduoduo is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Pinduoduo. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Pinduoduo cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Pinduoduo's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Pinduoduo's price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.| Previous Price Action Indicator | Price Action Indicator | Trend |
| (1.62) | (1.62) |
| Check Pinduoduo Volatility | Backtest Pinduoduo | Information Ratio |
Pinduoduo Trading Date Momentum
| On April 30 2024 Pinduoduo was traded for 125.18 at the closing time. Highest Pinduoduo's price during the trading hours was 127.44 and the lowest price during the day was 124.53 . The net volume was 5.9 M. The overall trading history on the 30th of April did not cause price change. The trading delta at closing time to current price is 1.60% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Pinduoduo
For every potential investor in Pinduoduo, whether a beginner or expert, Pinduoduo's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Pinduoduo Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Pinduoduo. Basic forecasting techniques help filter out the noise by identifying Pinduoduo's price trends.Pinduoduo Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Pinduoduo stock to make a market-neutral strategy. Peer analysis of Pinduoduo could also be used in its relative valuation, which is a method of valuing Pinduoduo by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Pinduoduo Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Pinduoduo's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Pinduoduo's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Pinduoduo Market Strength Events
Market strength indicators help investors to evaluate how Pinduoduo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pinduoduo shares will generate the highest return on investment. By undertsting and applying Pinduoduo stock market strength indicators, traders can identify Pinduoduo entry and exit signals to maximize returns.
| Accumulation Distribution | 134496.0 | |||
| Daily Balance Of Power | (0.56) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 125.99 | |||
| Day Typical Price | 125.72 | |||
| Price Action Indicator | (1.62) | |||
| Period Momentum Indicator | (1.64) | |||
| Relative Strength Index | 40.39 |
Pinduoduo Risk Indicators
The analysis of Pinduoduo's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Pinduoduo's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pinduoduo stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.11 | |||
| Standard Deviation | 2.89 | |||
| Variance | 8.37 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pinduoduo Investors Sentiment
The influence of Pinduoduo'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 market does not have solid backing from leading economists and market statisticians.
Investor biases related to Pinduoduo's public news can be used to forecast risks associated with an 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. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Pinduoduo'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'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's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Pinduoduo.
Pinduoduo Implied Volatility | 58.87 |
Pinduoduo's implied volatility exposes the market's sentiment of Pinduoduo stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Pinduoduo'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 stock will not fluctuate a lot when Pinduoduo'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 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's short interest history, or implied volatility extrapolated from Pinduoduo options trading.
Becoming a Better Investor with Macroaxis
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Check out Historical Fundamental Analysis of Pinduoduo to cross-verify your projections. For information on how to trade Pinduoduo Stock refer to our How to Trade Pinduoduo Stock guide.Note that the Pinduoduo information on this page should be used as a complementary analysis to other Pinduoduo'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 the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Pinduoduo Stock analysis
When running Pinduoduo's price analysis, check to measure Pinduoduo'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 is operating at the current time. Most of Pinduoduo's value examination focuses on studying past and present price action to predict the probability of Pinduoduo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pinduoduo's price. Additionally, you may evaluate how the addition of Pinduoduo to your portfolios can decrease your overall portfolio volatility.
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Is Pinduoduo'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. 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 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 1.433 | Earnings Share 5.8 | Revenue Per Share 182.891 | Quarterly Revenue Growth 1.232 | Return On Assets 0.1254 |
The market value of Pinduoduo 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's value that differs from its market value or its book value, called intrinsic value, which is Pinduoduo'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's market value can be influenced by many factors that don't directly affect Pinduoduo'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's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pinduoduo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pinduoduo'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.