Netease Stock Price on December 23, 2024

NETTF Stock  USD 18.15  0.34  1.91%   
If you're considering investing in NetEase Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of NetEase stands at 18.15, as last reported on the 25th of December, with the highest price reaching 18.90 and the lowest price hitting 18.15 during the day. At this point, NetEase is somewhat reliable. NetEase has Sharpe Ratio of 0.0206, which conveys that the firm had a 0.0206% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for NetEase, which you can use to evaluate the volatility of the firm. Please verify NetEase's Mean Deviation of 4.62, risk adjusted performance of 0.0705, and Downside Deviation of 5.83 to check out if the risk estimate we provide is consistent with the expected return of 0.12%.
  
NetEase Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0206

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Estimated Market Risk

 5.71
  actual daily
50
50% of assets are less volatile

Expected Return

 0.12
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average NetEase is performing at about 1% 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 NetEase by adding it to a well-diversified portfolio.

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NetEase Valuation on December 23, 2024

It is possible to determine the worth of NetEase on a given historical date. On December 23, 2024 NetEase was worth 18.9 at the beginning of the trading date compared to the closed value of 18.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NetEase pink sheet. Still, in general, we apply an absolute valuation method to find NetEase'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 NetEase where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NetEase's related companies.
 Open High Low Close Volume
  18.06    18.88    17.76    17.81    4,570  
12/23/2024
  18.90    18.90    18.15    18.15    2,759  
  18.90    18.90    18.15    18.15    0.00  
Backtest NetEase  |  NetEase History  |  NetEase Valuation   PreviousNext  
Open Value
18.9
18.15
Closing Value
36.04
Upside

NetEase Trading Date Momentum on December 23, 2024

On December 25 2024 NetEase was traded for  18.15  at the closing time. The highest daily price throughout the period was 18.90  and the lowest price was  18.15 . There was no trading activity during the period 0.0. Lack of trading volume on 12/25/2024 did not cause price change. The trading delta at closing time to current closing price is 4.13% .

NetEase Fundamentals Correlations and Trends

By evaluating NetEase'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 NetEase's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NetEase financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About NetEase Pink Sheet history

NetEase 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 NetEase is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NetEase 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 NetEase stock prices may prove useful in developing a viable investing in NetEase
NetEase, Inc. provides online services focusing on diverse content, community, communication, and commerce in the Peoples Republic of China and internationally. NetEase, Inc. was founded in 1997 and is headquartered in Hangzhou, the Peoples Republic of China. Netease operates under Electronic Gaming Multimedia classification in the United States and is traded on OTC Exchange. It employs 32064 people.

NetEase Pink Sheet Technical Analysis

NetEase technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of NetEase technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of NetEase 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

NetEase Period Price Range

Low
December 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

NetEase cannot be verified against its exchange. Please verify the symbol is currently traded on PINK Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

NetEase December 25, 2024 Market Strength

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

NetEase Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for NetEase's price direction in advance. Along with the technical and fundamental analysis of NetEase Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of NetEase 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.

Complementary Tools for NetEase Pink Sheet 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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