Use NetEase to protect against small markets fluctuations. The stock experiences somewhat bearish sentiment, but market may correct it shortly
1 Month Beta ..........
-0.54
As returns on market increase, returns on owning NetEase are expected to decrease at a much smaller rate. During bear market, NetEase is likely to outperform the market.
The median price of NetEase for the period between Thu, Apr 26, 2012 and Sat, May 26, 2012 is 58.84 with a coefficient of variation of 2.53. The daily time series for the period is distributed with a sample standard deviation of 1.48, arithmetic mean of 58.55, and mean deviation of 1.33. The Stock received substential amount of media coverage during this period.
NetEase.com Inc. [NTES] is traded on American Stock Exchange in USA. It is located in NetEase, IncSP Tower D, th FloorBeijing, and employs 6,160 people. The company currently falls under 'Mid-Cap' category with current market capitalization of 7.51 B. NetEase.com Inc. conducts business under Technology sector and is part of Internet Software and Services industry. This company has 131.13 M outstanding shares of which 1.01 M shares are now shorted by private and institutional investors with about 1.6 trading days to cover.
NetEase Liquidity
The company has Current Ratio of 6.09 suggesting that it is liquid enough and is able to pay its financial obligations when they are due.