The9 Ltd Adr Stock Price on May 3, 2024
| NCTY Stock | USD 15.25 0.65 4.45% |
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 15.25, as last reported on the 24th of December, with the highest price reaching 15.34 and the lowest price hitting 14.60 during the day.
If you're considering investing in The9 Stock, it is important to understand the factors that can impact its price. The9 is somewhat reliable given 3 months investment horizon. The9 Ltd ADR owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.25, which indicates the firm had a 0.25% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.43% are justified by taking the suggested risk. Use The9 Ltd ADR Risk Adjusted Performance of 0.2018, semi deviation of 3.34, and Coefficient Of Variation of 410.1 to evaluate company specific risk that cannot be diversified away.
At this time, The9's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Total Equity is likely to rise to about 21.9 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 3.3 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 0.13 in 2024, whereas Price To Sales Ratio is likely to drop 0.14 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 8.2762 | 50 Day MA 11.6568 | Beta 1.907 |
The9 |
Sharpe Ratio = 0.2478
| Best Portfolio | Best Equity | |||
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Estimated Market Risk
| 5.77 actual daily | 51 51% of assets are less volatile |
Expected Return
| 1.43 actual daily | 28 72% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average The9 is performing at about 19% 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 4.8444 | Enterprise Value Ebitda (0.03) | Price Sales 0.7504 | Shares Float 1.4 B | Wall Street Target Price 3.5 |
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The9 Valuation on May 3, 2024
It is possible to determine the worth of The9 on a given historical date. On May 3, 2024 The9 was worth 7.87 at the beginning of the trading date compared to the closed value of 7.71. 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 | |
| 7.38 | 8.17 | 7.26 | 7.98 | 76,083 | |
05/03/2024 | 7.87 | 7.93 | 7.70 | 7.71 | 38,475 |
| 7.99 | 7.99 | 7.72 | 7.72 | 20,218 |
| Backtest The9 | | | The9 History | | | The9 Valuation | Previous | Next |
The9 Trading Date Momentum on May 3, 2024
| On May 06 2024 The9 Ltd ADR was traded for 7.72 at the closing time. The top price for the day was 7.99 and the lowest listed price was 7.72 . The trading volume for the day was 20.2 K. The trading history from May 6, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 0.13% . The trading price change against the current closing price is 13.75% . |
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 | 3.4 M | 3.3 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 | December 24, 2024
| High |
0.00 | 0.00 |
The9 Ltd ADR cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
The9 December 24, 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
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 | 0.2018 | |||
| Jensen Alpha | 1.35 | |||
| Total Risk Alpha | 1.21 | |||
| Sortino Ratio | 0.3269 | |||
| Treynor Ratio | 1.19 |
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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.