NetEase (Mexico) Price on September 20, 2023
| NTESN Stock | MXN 1,616 0.00 0.00% |
If you're considering investing in NetEase Stock, it is important to understand the factors that can impact its price. As of today, the current price of NetEase stands at 1,616, as last reported on the 13th of December 2024, with the highest price reaching 1,616 and the lowest price hitting 1,616 during the day. NetEase appears to be very steady, given 3 months investment horizon. NetEase has Sharpe Ratio of 0.0592, which conveys that the firm had a 0.0592% return per unit of risk over the last 3 months. We have found nineteen technical indicators for NetEase, which you can use to evaluate the volatility of the firm. Please exercise NetEase's Mean Deviation of 0.8521, risk adjusted performance of 0.0301, and Standard Deviation of 3.43 to check out if our risk estimates are consistent with your expectations.
NetEase Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NetEase |
Sharpe Ratio = 0.0592
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Estimated Market Risk
| 3.52 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average NetEase is performing at about 4% 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 September 20, 2023
It is possible to determine the worth of NetEase on a given historical date. On September 20, 2023 NetEase was worth 1598.65 at the beginning of the trading date compared to the closed value of 1598.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NetEase stock. 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 | |
| 1,598 | 1,598 | 1,598 | 1,598 | 1.00 | |
09/20/2023 | 1,599 | 1,599 | 1,599 | 1,599 | 13.00 |
| 1,599 | 1,599 | 1,599 | 1,599 | 1.00 |
| Backtest NetEase | | | NetEase History | | | NetEase Valuation | Previous | Next |
NetEase Trading Date Momentum on September 20, 2023
| On September 21 2023 NetEase was traded for 1,599 at the closing time. The highest price during the trading period was 1,599 and the lowest recorded bid was listed for 1,599 . There was no trading activity during the period 1.0. Lack of trading volume on September 21, 2023 did not cause price change. The trading delta at closing time to the current price is 3.85% . |
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 Stock 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 gaming, 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 INC operates under Internet Content Information classification in Mexico and is traded on Mexico Stock Exchange. It employs 282 people.
NetEase Stock Technical Analysis
NetEase 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.
Price Boundaries
NetEase Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
NetEase cannot be verified against its exchange. Please verify the symbol is currently traded on Mexican 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 December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how NetEase stock 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 stock 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 Stock 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 | 0.0301 | |||
| Jensen Alpha | 0.1433 | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | (0.20) |
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Additional Information and Resources on Investing in NetEase Stock
When determining whether NetEase is a strong investment it is important to analyze NetEase's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NetEase's future performance. For an informed investment choice regarding NetEase Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NetEase. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in NetEase Stock, please use our How to Invest in NetEase guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.