The firm shows Beta (market volatility) of 0.0243 which denotes to the fact that as returns on market increase, Douyu International returns are expected to increase less than the market. However during bear market, the loss on holding Douyu International will be expected to be smaller as well. Even though it is essential to pay attention to Douyu International
historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards predicting future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. Douyu International Holdings Ltd Ads exposes twenty-eight different technical indicators which can help you to evaluate its performance. Douyu International
has expected return of -0.3465%. Please be advised to confirm Douyu International Potential Upside
as well as the relationship
between Accumulation Distribution
and Price Action Indicator
to decide if Douyu International
past performance will be repeated at some point in the near future.
Over the last 30 days Douyu International Holdings Ltd Ads has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's essential indicators remain comparatively unchanging which may send shares a bit higher in October 2019. The late uproar may also be a sign of mid-term up-swing for the firm leadership.
|Fifty Two Week Low||7.77|
|Target High Price||92.83|
|Fifty Two Week High||11.88|
|Target Low Price||85.69|