Netease Stock Price on June 26, 2024
| NETTF Stock | USD 21.34 0.22 1.04% |
If you're considering investing in NetEase Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of NetEase stands at 21.34, as last reported on the 22nd of January, with the highest price reaching 21.99 and the lowest price hitting 18.50 during the day. NetEase appears to be not too volatile, given 3 months investment horizon. NetEase has Sharpe Ratio of 0.16, which conveys that the firm had a 0.16 % return per unit of risk over the last 3 months. By analyzing NetEase's technical indicators, you can evaluate if the expected return of 0.66% is justified by implied risk. Please exercise NetEase's Downside Deviation of 4.27, risk adjusted performance of 0.1091, and Mean Deviation of 3.57 to check out if our risk estimates are consistent with your expectations.
NetEase Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
NetEase |
Sharpe Ratio = 0.1567
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Estimated Market Risk
| 4.23 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.66 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average NetEase is performing at about 12% 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 NetEase by adding it to a well-diversified portfolio.
NetEase Valuation on June 26, 2024
It is possible to determine the worth of NetEase on a given historical date. On June 26, 2024 NetEase was worth 18.07 at the beginning of the trading date compared to the closed value of 17.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NetEase pink sheet. Still, in general, we apply an absolute valuation method to find NetEase's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of NetEase where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NetEase's related companies.
| Open | High | Low | Close | Volume | |
| 17.34 | 18.53 | 17.34 | 18.53 | 3,884 | |
06/26/2024 | 18.07 | 18.07 | 17.45 | 17.45 | 1,486 |
| 17.50 | 20.01 | 17.50 | 20.01 | 2,570 |
| Backtest NetEase | | | NetEase History | | | NetEase Valuation | Previous | Next |
NetEase Trading Date Momentum on June 26, 2024
| On June 27 2024 NetEase was traded for 20.01 at the closing time. The highest daily price throughout the period was 20.01 and the lowest price was 17.50 . The daily volume was 2.6 K. The net trading volume on 06/27/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 14.67% . The trading delta at closing time to current closing price is 9.86% . |
NetEase Fundamentals Correlations and Trends
By evaluating NetEase's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among NetEase's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NetEase financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NetEase Pink Sheet history
NetEase investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for NetEase is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NetEase will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing NetEase stock prices may prove useful in developing a viable investing in NetEase
NetEase, Inc. provides online services focusing on diverse content, community, communication, and commerce in the Peoples Republic of China and internationally. NetEase, Inc. was founded in 1997 and is headquartered in Hangzhou, the Peoples Republic of China. Netease operates under Electronic Gaming Multimedia classification in the United States and is traded on OTC Exchange. It employs 32064 people.
NetEase Pink Sheet Technical Analysis
NetEase technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
NetEase Period Price Range
Low | January 22, 2025
| High |
0.00 | 0.00 |
NetEase cannot be verified against its exchange. Please verify the symbol is currently traded on PINK Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
NetEase January 22, 2025 Market Strength
Market strength indicators help investors to evaluate how NetEase pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NetEase shares will generate the highest return on investment. By undertsting and applying NetEase pink sheet market strength indicators, traders can identify NetEase entry and exit signals to maximize returns
NetEase Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NetEase's price direction in advance. Along with the technical and fundamental analysis of NetEase Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of NetEase to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1091 | |||
| Jensen Alpha | 0.5225 | |||
| Total Risk Alpha | 0.4022 | |||
| Sortino Ratio | 0.1224 | |||
| Treynor Ratio | 0.5521 |
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| Volume Indicators |
Complementary Tools for NetEase Pink Sheet analysis
When running NetEase's price analysis, check to measure NetEase'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 NetEase is operating at the current time. Most of NetEase's value examination focuses on studying past and present price action to predict the probability of NetEase's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NetEase's price. Additionally, you may evaluate how the addition of NetEase to your portfolios can decrease your overall portfolio volatility.
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