The9 Ltd Adr Stock Price on March 30, 2021
| NCTY Stock | USD 5.63 0.46 7.55% |
Below is the normalized historical share price chart for The9 Ltd ADR extending back to December 15, 2004. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of The9 stands at 5.63, as last reported on the 16th of April 2024, with the highest price reaching 6.20 and the lowest price hitting 5.60 during the day.
If you're considering investing in The9 Stock, it is important to understand the factors that can impact its price. The9 appears to be risky, given 3 months investment horizon. The9 Ltd ADR owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had a 0.1% return per unit of risk over the last 3 months. By inspecting The9's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please review The9's Variance of 54.51, coefficient of variation of (8,684), and Risk Adjusted Performance of 0.0019 to confirm if our risk estimates are consistent with your expectations.
At this time, The9's Common Stock Total Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to rise to about 29 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 38.7 M in 2024. . At this time, The9's Price Book Value Ratio is fairly stable compared to the past year. Price To Book Ratio is likely to rise to 19.68 in 2024, whereas Price To Sales Ratio is likely to drop 8.67 in 2024. The9 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 15th of December 2004 | 200 Day MA 6.8588 | 50 Day MA 5.8194 | Beta 1.924 |
The9 |
Sharpe Ratio = 0.1011
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Estimated Market Risk
| 6.76 actual daily | 59 59% of assets are less volatile |
Expected Return
| 0.68 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average The9 is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of The9 by adding it to a well-diversified portfolio.
Price Book 0.4199 | Enterprise Value Ebitda (0.06) | Price Sales 0.1981 | Shares Float 801.8 M | Wall Street Target Price 3.5 |
The9 Valuation on March 30, 2021
It is possible to determine the worth of The9 on a given historical date. On March 30, 2021 The9 was worth 3.01 at the beginning of the trading date compared to the closed value of 30.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of The9 stock. Still, in general, we apply an absolute valuation method to find The9'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 The9 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against The9's related companies.
| Open | High | Low | Close | Volume | |
04/01/2022 | 3.01 | 30.00 | 30.00 | 30.00 | 40,276 |
| 3.07 | 31.70 | 31.70 | 31.70 | 27,840 |
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The9 Trading Date Momentum on March 30, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.The9 Ltd ADR Fundamentals Correlations and Trends
By evaluating The9'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 The9's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. The9 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About The9 Stock history
The9 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 The9 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in The9 Ltd ADR 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 The9 stock prices may prove useful in developing a viable investing in The9
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 27.6 M | 29 M | |
| Net Loss | -877.4 M | -833.5 M |
The9 Stock Technical Analysis
The9 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.
Price Boundaries
The9 Period Price Range
Low | April 1, 2022
| High |
3.01 | 30.00 |
The9 April 16, 2024 Market Strength
Market strength indicators help investors to evaluate how The9 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading The9 shares will generate the highest return on investment. By undertsting and applying The9 stock market strength indicators, traders can identify The9 Ltd ADR entry and exit signals to maximize returns
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 9.97 | |||
| Day Median Price | 30.0 | |||
| Day Typical Price | 30.0 | |||
| Price Action Indicator | 13.5 | |||
| Period Momentum Indicator | (24.37) |
The9 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for The9's price direction in advance. Along with the technical and fundamental analysis of The9 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of The9 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 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.
| Risk Adjusted Performance | 0.0019 | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.72) | |||
| Treynor Ratio | (0.02) |
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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 tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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 (36.47) | Revenue Per Share 61.6 | Quarterly Revenue Growth 0.912 | Return On Assets (0.49) | Return On Equity (12.31) |
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.