Netease Stock Market Value
| NTES Stock | USD 94.02 0.95 1.02% |
| Symbol | NetEase |
NetEase Price To Book Ratio
Is NetEase'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 NetEase. If investors know NetEase 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 NetEase listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.674 | Dividend Share 18.187 | Earnings Share 6.25 | Revenue Per Share 160.841 | Quarterly Revenue Growth 0.07 |
The market value of NetEase is measured differently than its book value, which is the value of NetEase that is recorded on the company's balance sheet. Investors also form their own opinion of NetEase's value that differs from its market value or its book value, called intrinsic value, which is NetEase'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 NetEase's market value can be influenced by many factors that don't directly affect NetEase'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 NetEase's value and its price as these two are different measures arrived at by different means. Investors typically determine if NetEase is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NetEase'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.
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.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in NetEase on March 26, 2024 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 GameSquare Holdings, and IGG. NetEase, Inc. provides online services focusing on diverse content, community, communication, and commerce in the People... 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.
| Downside Deviation | 1.98 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 13.0 | |||
| Value At Risk | (3.20) | |||
| Potential Upside | 3.76 |
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 | 0.0245 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0348 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NetEase's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
NetEase Backtested Returns
NetEase has Sharpe Ratio of -0.044, which conveys that the firm had a -0.044% return per unit of risk over the last 3 months. NetEase exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NetEase's Mean Deviation of 1.78, downside deviation of 1.98, and Risk Adjusted Performance of 0.0245 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 1.59, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, NetEase will likely underperform. NetEase has an expected return of -0.0961%. Please make sure to verify NetEase potential upside, as well as the relationship between the kurtosis and day typical price , to decide if NetEase performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.65 |
Good predictability
NetEase has good predictability. Overlapping area represents the amount of predictability between NetEase time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 2024. 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 0.65 indicates that roughly 65.0% of current NetEase price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 7.12 |
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 |
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Try AI Portfolio ArchitectCheck out NetEase Correlation, NetEase Volatility and NetEase Alpha and Beta module to complement your research on NetEase. For more information on how to buy NetEase Stock please use our How to Invest in NetEase guide.Note that the NetEase information on this page should be used as a complementary analysis to other NetEase's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for NetEase Stock analysis
When running NetEase's price analysis, check to measure NetEase'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 NetEase is operating at the current time. Most of NetEase's value examination focuses on studying past and present price action to predict the probability of NetEase's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NetEase's price. Additionally, you may evaluate how the addition of NetEase to your portfolios can decrease your overall portfolio volatility.
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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.