Netease Stock Market Value
| NTES Stock | USD 85.40 1.05 1.21% |
| Symbol | NetEase |
NetEase Price To Book Ratio
Is Interactive Home Entertainment space 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 (0.18) | Earnings Share 5.87 | Revenue Per Share 33.215 | Quarterly Revenue Growth 0.061 | Return On Assets 0.1034 |
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.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in NetEase on October 27, 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 Playstudios, Talkspace, Morningstar Unconstrained, Thrivent High, Via Renewables, T Rowe, and 70082LAB3. 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 | 2.41 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 13.73 | |||
| Value At Risk | (3.78) | |||
| Potential Upside | 4.88 |
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 | 0.0403 | |||
| Jensen Alpha | 0.0932 | |||
| Total Risk Alpha | (0.34) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.6368 |
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
Currently, NetEase is very steady. NetEase has Sharpe Ratio of 0.0499, which conveys that the firm had a 0.0499% 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 Risk Adjusted Performance of 0.0403, mean deviation of 2.06, and Downside Deviation of 2.41 to check out if the risk estimate we provide is consistent with the expected return of 0.15%. NetEase has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.18, which conveys not very significant fluctuations relative to the market. As returns on the market increase, NetEase's returns are expected to increase less than the market. However, during the bear market, the loss of holding NetEase is expected to be smaller as well. NetEase right now secures a risk of 2.94%. Please verify NetEase potential upside, as well as the relationship between the kurtosis and day typical price , to decide if NetEase will be following its current price movements.
Auto-correlation | -0.5 |
Modest reverse predictability
NetEase has modest reverse predictability. Overlapping area represents the amount of predictability between NetEase time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th of November 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 -0.5 indicates that about 50.0% of current NetEase price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 17.84 |
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 |
Thematic Opportunities
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Additional 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.