The9 Historical Valuation

NCTY Stock  USD 13.32  0.03  0.23%   
Some fundamental drivers such as market cap or The9 enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze The9 Ltd ADR valuation indicators such as to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of The9's future value.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in The9 Ltd ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

About The9 Valuation Data Analysis

Valuation is the financial process of determining what The9 is worth. The9 valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. The9 valuation ratios help investors to determine whether The9 Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in The9 with respect to the benefits of owning The9 security.

The9 Valuation Data Chart

Market Cap is likely to drop to about 24.9 M in 2024. Enterprise Value is likely to drop to about 53.3 M in 2024

Enterprise Value

Enterprise Value (or EV) is usually referred to as The9 theoretical takeover price. In the event of an acquisition, an acquirer would have to take on The9 Ltd ADR debt, but would also pocket its cash. Enterprise Value is more accurate representation of The9 value than its market capitalization because it takes into account all of The9 Ltd ADR existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.

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 Tools for The9 Stock Analysis

When running The9's price analysis, check to measure The9'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 The9 is operating at the current time. Most of The9's value examination focuses on studying past and present price action to predict the probability of The9's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move The9's price. Additionally, you may evaluate how the addition of The9 to your portfolios can decrease your overall portfolio volatility.