The9 Ltd Adr Stock Buy Hold or Sell Recommendation
| NCTY Stock | USD 6.72 0.21 3.23% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding The9 Ltd ADR is 'Sell'. Macroaxis provides The9 buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding The9 positions. The advice algorithm takes into account all of The9's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting The9's buy or sell advice are summarized below:
Real Value 5.23 | Hype Value 6.62 | Market Value 6.72 | Naive Value 6.36 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell The9 Ltd ADR given historical horizon and risk tolerance towards The9. When Macroaxis issues a 'buy' or 'sell' recommendation for The9 Ltd ADR, the advice is generated through an automated system that utilizes algorithms and statistical models.
The9 |
Execute The9 Buy or Sell Advice
The The9 recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on The9 Ltd ADR. Macroaxis does not own or have any residual interests in The9 Ltd ADR or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute The9's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Modest | Details | |
Volatility | Unstable | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
The9 Trading Alerts and Improvement Suggestions
| The9 Ltd ADR had very high historical volatility over the last 90 days | |
| The9 Ltd ADR currently holds about 429.22 M in cash with (46.32 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 18.21, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| The9 Ltd ADR has a strong financial position based on the latest SEC filings | |
| Latest headline from finance.yahoo.com: The9 Full Year 2023 Earnings CN40.61 loss per share |
The9 Returns Distribution Density
The distribution of The9's historical returns is an attempt to chart the uncertainty of The9's future price movements. The chart of the probability distribution of The9 daily returns describes the distribution of returns around its average expected value. We use The9 Ltd ADR price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of The9 returns is essential to provide solid investment advice for The9.
| Mean Return | 0.70 | Value At Risk | -9.33 | Potential Upside | 11.49 | Standard Deviation | 6.28 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of The9 historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
The9 Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as The9 is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading The9 Ltd ADR backward and forwards among themselves. The9's institutional investor refers to the entity that pools money to purchase The9's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Millennium Management Llc | 2023-09-30 | 0.0 | Renaissance Technologies Corp | 2023-09-30 | 0.0 | Advisor Group Holdings, Inc. | 2023-09-30 | 0.0 | Two Sigma Securities, Llc | 2023-09-30 | 0.0 | Northwestern Mutual Wealth Management Co | 2023-09-30 | 0.0 | Barclays Plc | 2023-12-31 | 7.6 K | Group One Trading, Lp | 2023-12-31 | 1.3 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.1 K | Jpmorgan Chase & Co | 2023-12-31 | 520 | Rhumbline Advisers | 2023-12-31 | 247 | Hanson Mcclain Inc | 2023-09-30 | 0.0 |
The9 Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 5.9M | 21.6M | 396.7M | (370.4M) | (12.8M) | (12.2M) | |
| Free Cash Flow | (55.0M) | (106.6M) | (779.7M) | (408.4M) | (48.4M) | (50.9M) | |
| Depreciation | 4.2M | 447.8K | 47.4M | 91.4M | 86.9M | 54.1M | |
| Other Non Cash Items | 68.7M | (24.5M) | 125.7M | 449.5M | 43.2M | 78.7M | |
| Capital Expenditures | 796.9K | 359.6K | 92.0M | 253.6M | 2.1M | 2.0M | |
| Net Income | (196.2M) | 393.4M | (416.8M) | (979.5M) | 12.6M | 13.2M | |
| End Period Cash Flow | 10.1M | 31.7M | 428.4M | 58.1M | 45.2M | 43.0M | |
| Change To Netincome | 76.6M | 90.7M | (451.8M) | 624.0M | 717.6M | 753.5M | |
| Change To Inventory | 8.0M | (50.3M) | (600.7M) | 2.8M | 30.3K | 31.9K | |
| Investments | 60.9M | (11.3M) | (141.1M) | (248.8M) | 4.7M | 5.0M | |
| Net Borrowings | (18.4M) | 40.9M | (358.1M) | 33.0M | 29.7M | 21.7M |
The9 Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to The9 or Entertainment sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that The9's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a The9 stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.41 | |
β | Beta against NYSE Composite | 3.29 | |
σ | Overall volatility | 5.75 | |
Ir | Information ratio | 0.1 |
The9 Volatility Alert
The9 Ltd ADR is displaying above-average volatility over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure The9's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact The9's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.The9 Fundamentals Vs Peers
Comparing The9's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze The9's direct or indirect competition across all of the common fundamentals between The9 and the related equities. This way, we can detect undervalued stocks with similar characteristics as The9 or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of The9's fundamental indicators could also be used in its relative valuation, which is a method of valuing The9 by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare The9 to competition |
| Fundamentals | The9 | Peer Average |
| Return On Equity | -1.38 | -0.31 |
| Return On Asset | -0.2 | -0.14 |
| Profit Margin | 0.11 % | (1.27) % |
| Operating Margin | (0.32) % | (5.51) % |
| Current Valuation | 10.91 B | 16.62 B |
| Shares Outstanding | 5.58 M | 571.82 M |
| Shares Owned By Insiders | 1.50 % | 10.09 % |
| Shares Owned By Institutions | 0.47 % | 39.21 % |
| Number Of Shares Shorted | 65.2 K | 4.71 M |
| Price To Earning | 0.07 X | 28.72 X |
| Price To Book | 0.42 X | 9.51 X |
| Price To Sales | 0.20 X | 11.42 X |
| Revenue | 179.05 M | 9.43 B |
| Gross Profit | (65.74 M) | 27.38 B |
| EBITDA | 30.87 M | 3.9 B |
| Net Income | 12.58 M | 570.98 M |
| Cash And Equivalents | 429.22 M | 2.7 B |
| Cash Per Share | 18.21 X | 5.01 X |
| Total Debt | 75.1 M | 5.32 B |
| Debt To Equity | 0.15 % | 48.70 % |
| Current Ratio | 1.93 X | 2.16 X |
| Book Value Per Share | 44.04 X | 1.93 K |
| Cash Flow From Operations | (46.32 M) | 971.22 M |
| Short Ratio | 1.64 X | 4.00 X |
| Earnings Per Share | (5.80) X | 3.12 X |
| Target Price | 3.5 | |
| Number Of Employees | 50 | 18.84 K |
| Beta | 1.92 | -0.15 |
| Market Capitalization | 36.35 M | 19.03 B |
| Total Asset | 363.73 M | 29.47 B |
| Retained Earnings | (4.36 B) | 9.33 B |
| Working Capital | 59.94 M | 1.48 B |
| Current Asset | 77.26 M | 9.34 B |
The9 Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as The9 . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About The9 Buy or Sell Advice
When is the right time to buy or sell The9 Ltd ADR? Buying financial instruments such as The9 Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 99.7M | 74.2M | 75.1M | 71.3M | Total Assets | 1.3B | 599.1M | 363.7M | 345.5M |
Use Investing Ideas to Build Portfolios
In addition to having The9 in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Wireless Thematic Idea Now
Wireless
Companies providing wireless technology and communication services. The Wireless theme has 41 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Wireless Theme or any other thematic opportunities.
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Check out The9 Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary 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.
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Is The9's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of The9. If investors know The9 will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about The9 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.80) | Revenue Per Share 53.136 | Quarterly Revenue Growth 0.286 | Return On Assets (0.20) | Return On Equity (1.38) |
The market value of The9 Ltd ADR is measured differently than its book value, which is the value of The9 that is recorded on the company's balance sheet. Investors also form their own opinion of The9's value that differs from its market value or its book value, called intrinsic value, which is The9's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because The9's market value can be influenced by many factors that don't directly affect The9's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between The9's value and its price as these two are different measures arrived at by different means. Investors typically determine if The9 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, The9's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.