The9 Ltd Adr Stock Alpha and Beta Analysis
| NCTY Stock | USD 11.10 0.04 0.36% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as The9 Ltd ADR. It also helps investors analyze the systematic and unsystematic risks associated with investing in The9 over a specified time horizon. Remember, high The9's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to The9's market risk premium analysis include:
Beta 0.24 | Alpha 0.65 | Risk 4.2 | Sharpe Ratio 0.18 | Expected Return 0.76 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
The9 |
The9 Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. The9 market risk premium is the additional return an investor will receive from holding The9 long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in The9. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate The9's performance over market.| α | 0.65 | β | 0.24 |
The9 expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of The9's Buy-and-hold return. Our buy-and-hold chart shows how The9 performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.The9 Market Price Analysis
Market price analysis 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 understating and applying The9 stock market price indicators, traders can identify The9 position entry and exit signals to maximize returns.
The9 Return and Market Media
The median price of The9 for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 8.16 with a coefficient of variation of 16.45. The daily time series for the period is distributed with a sample standard deviation of 1.31, arithmetic mean of 7.98, and mean deviation of 1.08. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | The9 Downgraded by StockNews.com | 10/11/2024 |
2 | The9 Cut to Sell at StockNews.com | 10/30/2024 |
3 | NCTY Stock Surges Despite Financial Challenges | 11/12/2024 |
4 | Ninth City Stock Surges Amid Market Fluctuations | 11/20/2024 |
About The9 Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including The9 or other stocks. Alpha measures the amount that position in The9 Ltd ADR has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2023 | 2024 (projected) | Dividend Yield | 0.0144 | 0.0128 | Price To Sales Ratio | 0.15 | 0.14 |
The9 Upcoming Company Events
As portrayed in its financial statements, the presentation of The9's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, The9's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of The9's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of The9. Please utilize our Beneish M Score to check the likelihood of The9's management manipulating its earnings.
| 6th of May 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with The9
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
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Additional 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.