NetEase (Mexico) Market Value
| NTESN Stock | MXN 2,100 0.00 0.00% |
| Symbol | NetEase |
NetEase 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to NetEase's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of NetEase.
| 02/02/2025 |
| 03/04/2025 |
If you would invest 0.00 in NetEase on February 2, 2025 and sell it all today you would earn a total of 0.00 from holding NetEase or generate 0.0% return on investment in NetEase over 30 days. NetEase is related to or competes with Deutsche Bank, Genworth Financial, Salesforce, United Airlines, Delta Air, and Burlington Stores. NetEase, Inc. provides online services focusing on gaming, communication, and commerce in the Peoples Republic of China ... More
NetEase Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure NetEase's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess NetEase upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.2228 | |||
| Maximum Drawdown | 14.85 | |||
| Potential Upside | 1.79 |
NetEase Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NetEase's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NetEase's standard deviation. In reality, there are many statistical measures that can use NetEase historical prices to predict the future NetEase's volatility.| Risk Adjusted Performance | 0.1554 | |||
| Jensen Alpha | 0.4255 | |||
| Total Risk Alpha | 0.5903 | |||
| Treynor Ratio | 2.92 |
NetEase Backtested Returns
NetEase appears to be very steady, given 3 months investment horizon. NetEase has Sharpe Ratio of 0.21, which conveys that the firm had a 0.21 % return per unit of risk over the last 3 months. We have found seventeen technical indicators for NetEase, which you can use to evaluate the volatility of the firm. Please exercise NetEase's Mean Deviation of 0.7891, standard deviation of 2.14, and Risk Adjusted Performance of 0.1554 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, NetEase holds a performance score of 16. The company secures a Beta (Market Risk) of 0.14, which conveys not very significant fluctuations relative to the market. As returns on the market increase, NetEase's returns are expected to increase less than the market. However, during the bear market, the loss of holding NetEase is expected to be smaller as well. Please check NetEase's risk adjusted performance, variance, as well as the relationship between the Variance and skewness , to make a quick decision on whether NetEase's current price movements will revert.
Auto-correlation | 0.00 |
No correlation between past and present
NetEase has no correlation between past and present. Overlapping area represents the amount of predictability between NetEase time series from 2nd of February 2025 to 17th of February 2025 and 17th of February 2025 to 4th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of NetEase price movement. The serial correlation of 0.0 indicates that just 0.0% of current NetEase price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
NetEase lagged returns against current returns
Autocorrelation, which is NetEase stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting NetEase's stock expected returns. We can calculate the autocorrelation of NetEase returns to help us make a trade decision. For example, suppose you find that NetEase has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
NetEase regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If NetEase stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NetEase stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NetEase stock over time.
Current vs Lagged Prices |
| Timeline |
NetEase Lagged Returns
When evaluating NetEase's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NetEase stock have on its future price. NetEase autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, NetEase autocorrelation shows the relationship between NetEase stock current value and its past values and can show if there is a momentum factor associated with investing in NetEase.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 NetEase Correlation, NetEase Volatility and NetEase Alpha and Beta module to complement your research on NetEase. To learn how to invest in NetEase Stock, please use our How to Invest in NetEase guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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.