Netease Stock Price on October 18, 2023
| NETTF Stock | USD 21.34 0.22 1.04% |
If you're considering investing in NetEase Inc Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of NetEase Inc stands at 21.34, as last reported on the 23rd of January, with the highest price reaching 21.34 and the lowest price hitting 18.48 during the day. NetEase Inc appears to be not too volatile, given 3 months investment horizon. NetEase Inc has Sharpe Ratio of 0.15, which conveys that the firm had a 0.15 % return per unit of risk over the last 3 months. By analyzing NetEase Inc's technical indicators, you can evaluate if the expected return of 0.66% is justified by implied risk. Please exercise NetEase Inc's Downside Deviation of 4.27, risk adjusted performance of 0.0813, and Mean Deviation of 3.38 to check out if our risk estimates are consistent with your expectations.
NetEase Inc Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
NetEase Inc |
Sharpe Ratio = 0.1544
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Estimated Market Risk
| 4.27 actual daily | 38 62% of assets are more volatile |
Expected Return
| 0.66 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average NetEase Inc 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 Inc by adding it to a well-diversified portfolio.
NetEase Inc Valuation on October 18, 2023
It is possible to determine the worth of NetEase Inc on a given historical date. On October 18, 2023 NetEase Inc was worth 20.12 at the beginning of the trading date compared to the closed value of 20.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NetEase Inc pink sheet. Still, in general, we apply an absolute valuation method to find NetEase Inc'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 Inc where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NetEase Inc's related companies.
| Open | High | Low | Close | Volume | |
| 19.58 | 20.54 | 19.58 | 19.90 | 1,098 | |
10/18/2023 | 20.12 | 20.12 | 20.12 | 20.12 | 611.00 |
| 20.14 | 20.14 | 19.46 | 20.14 | 997.00 |
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NetEase Inc Trading Date Momentum on October 18, 2023
| On October 19 2023 NetEase was traded for 20.14 at the closing time. The highest daily price throughout the period was 20.14 and the lowest price was 19.46 . The daily volume was 997. The net trading volume on 10/19/2023 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 0.10% . The trading delta at closing time to current closing price is 7.41% . |
NetEase Inc Fundamentals Correlations and Trends
By evaluating NetEase Inc'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 Inc's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NetEase Inc financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NetEase Inc Pink Sheet history
NetEase Inc 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 Inc is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NetEase Inc 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 Inc stock prices may prove useful in developing a viable investing in NetEase Inc
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 Inc Pink Sheet Technical Analysis
NetEase Inc 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 Inc Period Price Range
Low | January 23, 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 Inc January 23, 2025 Market Strength
Market strength indicators help investors to evaluate how NetEase Inc 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 Inc shares will generate the highest return on investment. By undertsting and applying NetEase Inc pink sheet market strength indicators, traders can identify NetEase entry and exit signals to maximize returns
NetEase Inc Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NetEase Inc's price direction in advance. Along with the technical and fundamental analysis of NetEase Inc Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of NetEase Inc 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 | 0.0813 | |||
| Jensen Alpha | 0.3554 | |||
| Total Risk Alpha | 0.2442 | |||
| Sortino Ratio | 0.0828 | |||
| Treynor Ratio | 0.4144 |
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Complementary Tools for NetEase Inc Pink Sheet analysis
When running NetEase Inc's price analysis, check to measure NetEase Inc'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 Inc is operating at the current time. Most of NetEase Inc's value examination focuses on studying past and present price action to predict the probability of NetEase Inc'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 Inc's price. Additionally, you may evaluate how the addition of NetEase Inc to your portfolios can decrease your overall portfolio volatility.
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