NetEase Stock Market Value

NTES
 Stock
  

USD 68.78  0.53  0.78%   

NetEase's market value is the price at which a share of NetEase stock trades on a public exchange. It measures the collective expectations of NetEase investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of NetEase and determine expected loss or profit from investing in NetEase over a given investment horizon. Additionally, see NetEase Correlation, NetEase Volatility and NetEase Alpha and Beta module to complement your research on NetEase.
Symbol


Is NetEase'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 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.
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 NetEase value 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.
0.00
12/12/2020
No Change 0.00  0.0 
In 1 year 11 months and 21 days
12/02/2022
0.00
If you would invest  0.00  in NetEase on December 12, 2020 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 720 days. NetEase is related to or competes with Equinix, Anheuser-Busch InBev, Linde PLC, Etsy, Anheuser Busch, Walmart, and B of A. 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.

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.
Sophisticated investors, who have witnessed many market ups and downs, frequently view 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. Please use the tools below to analyze the current value of NetEase in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
65.5668.7872.00
Details
Intrinsic
Valuation
LowReal ValueHigh
61.9086.6889.90
Details
Naive
Forecast
LowNext ValueHigh
59.7763.0066.22
Details
7 Analysts
Consensus
LowTarget PriceHigh
127.00141.83155.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as NetEase. Your research has to be compared to or analyzed against NetEase's peers to derive any actionable benefits. When done correctly, NetEase's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in NetEase.

NetEase Backtested Returns

NetEase has Sharpe Ratio of -0.1, which conveys that the firm had -0.1% of return per unit of risk over the last 3 months. Macroaxis standpoint towards estimating the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. NetEase exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify NetEase risk adjusted performance of (0.14), and Mean Deviation of 2.27 to check out the risk estimate we provide.
The company secures a Beta (Market Risk) of 0.8508, which conveys possible diversification benefits within a given portfolio. Let's try to break down what NetEase's beta means in this case. NetEase returns are very sensitive to returns on the market. As the market goes up or down, NetEase is expected to follow. Even though it is essential to pay attention to NetEase price patterns, it is always good to be careful when utilizing equity historical price patterns. Our philosophy towards estimating any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. NetEase exposes twenty-one different technical indicators, which can help you to evaluate its performance. NetEase has an expected return of -0.34%. Please be advised to verify NetEase information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if NetEase performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.20  

Weak predictability

NetEase has weak predictability. Overlapping area represents the amount of predictability between NetEase time series from 12th of December 2020 to 7th of December 2021 and 7th of December 2021 to 2nd of December 2022. 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 0.2 indicates that over 20.0% of current NetEase price fluctuation can be explain by its past prices.
Correlation Coefficient0.2
Spearman Rank Test0.21
Residual Average0.0
Price Variance142.19

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 stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
Share
       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   
Share
       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   
Share
       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in NetEase without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, see NetEase Correlation, NetEase Volatility and NetEase Alpha and Beta module to complement your research on NetEase. Note that the NetEase information on this page should be used as a complementary analysis to other NetEase's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Complementary Tools for NetEase Stock analysis

When running NetEase 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 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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NetEase 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.
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...