New Oriental Stock Price on September 18, 2021 Breakdown

EDU -  USA Stock  

USD 2.41  0.09  3.60%

New Oriental Stock price history is provided at the adjusted basis, taking into account all of the recent filings. As of today, the current price of New Oriental is  2.41 , as last reported on the 21st of October, with the highest price reaching  2.50  and the lowest price hitting  2.34  during the day.
We consider New Oriental dangerous. New Oriental Education has Sharpe Ratio of 0.0014, which conveys that the firm had 0.0014% of return per unit of risk over the last 3 months. Our standpoint towards estimating the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for New Oriental, which you can use to evaluate the future volatility of the firm. Please verify New Oriental Education risk adjusted performance of (0.046029), and Mean Deviation of 5.21 to check out if the risk estimate we provide is consistent with the expected return of 0.0097%.

New Oriental Stock Price History 

 
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Net Income Common Stock is likely to drop to about 310.8 M in 2021. New Oriental Price to Book Value is comparatively stable at the moment as compared to the past year. New Oriental reported Price to Book Value of 3.52 in 2020. Price to Sales Ratio is likely to gain to 4.17 in 2021, whereas Price to Earnings Ratio are likely to drop 48.84 in 2021.

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New Oriental Valuation on September 18, 2021

It is possible to determine the worth of New Oriental on a given historical date. On September 18, 2021 New Oriental was worth 2.04 at the beginning of the trading date compared to the closed value of 1.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of New Oriental stock. Still, in general, we apply an absolute valuation method to find New Oriental's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against New Oriental's related companies.
 Open High Low Close Volume
  2.06    2.14    2.00    2.00    28,300,500  
09/15/2021
  2.04    2.05    1.90    1.92    49,864,400  
  1.88    1.95    1.85    1.88    57,421,900  
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Open Value
2.04
15th of September 2021
0.0192
Downside
1.92
Closing Value
23.29
Upside

New Oriental Trading Date Momentum on September 18, 2021

On September 16 2021 New Oriental Education was traded for  1.88  at the closing time. Highest New Oriental's price during the trading hours was 1.95  and the lowest price during the day was  1.85 . The net volume was 57.4 M. The overall trading history on the 16th of September 2021 contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 2.08% . The trading delta at closing time to current price is 2.08% .

New Oriental Education Fundamentals Correlations and Trends

By evaluating New Oriental's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among New Oriental's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. New Oriental financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About New Oriental Stock history

New Oriental investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for New Oriental is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in New Oriental Education will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing New Oriental historical stock prices may prove useful in developing a viable investing in New Oriental
Last ReportedProjected for 2021
Weighted Average Shares1.6 B1.8 B
Weighted Average Shares Diluted1.6 B1.8 B
Issuance Purchase of Equity Shares1.5 B1.6 B
New Oriental Education Technology Group Inc. provides private educational services under the New Oriental brand in the Peoples Republic of China. The company was founded in 1993 and is headquartered in Beijing, the Peoples Republic of China. New Oriental operates under Education Training Services classification in the United States and is traded on New York Stock Exchange. It employs 69438 people.

New Oriental Quarterly Market Capitalization

17.29 BillionShare

New Oriental Stock Technical Analysis

New Oriental 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.
A focus of New Oriental technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of New Oriental trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

New Oriental Period Price Range

Low
September 15, 2021
High

 2.04 

  

 1.92 

-0.12-5.88%

New Oriental October 21, 2021 Market Strength

Market strength indicators help investors to evaluate how New Oriental stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading New Oriental shares will generate the highest return on investment. By undertsting and applying New Oriental stock market strength indicators, traders can identify New Oriental Education entry and exit signals to maximize returns

New Oriental Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for New Oriental stock's direction in advance. Along with the technical and fundamental analysis of New Oriental Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of New Oriental to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Continue to Investing Opportunities. Note that the New Oriental Education information on this page should be used as a complementary analysis to other New Oriental'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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for New Oriental Stock analysis

When running New Oriental Education price analysis, check to measure New Oriental'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 New Oriental is operating at the current time. Most of New Oriental's value examination focuses on studying past and present price action to predict the probability of New Oriental's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move New Oriental's price. Additionally, you may evaluate how the addition of New Oriental to your portfolios can decrease your overall portfolio volatility.
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The market value of New Oriental Education is measured differently than its book value, which is the value of New Oriental that is recorded on the company's balance sheet. Investors also form their own opinion of New Oriental's value that differs from its market value or its book value, called intrinsic value, which is New Oriental'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 New Oriental's market value can be influenced by many factors that don't directly affect New Oriental Education underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between New Oriental's value and its price as these two are different measures arrived at by different means. Investors typically determine New Oriental value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Oriental'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.