The9 Stock Price History Breakdown

NCTY
 Stock
  

USD 0.66  0.03  4.35%   

As of today, the current price of The9 is  0.66 , as last reported on the 8th of December, with the highest price reaching  0.68  and the lowest price hitting  0.65  during the day.
The9 Ltd ADR owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.2, which indicates the firm had -0.2% of return per unit of risk over the last 3 months. Macroaxis standpoint towards measuring 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. The9 Ltd ADR exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate The9 risk adjusted performance of (0.22), and Coefficient Of Variation of (654.71) to confirm the risk estimate we provide.
  
The9 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Most Recent Activity

Shares Float
19.7 M
Shares Outstanding
23.6 M
Shares Short Prior Month
290.9 K
Earnings Share
(3.72) 
Shares Short
387.6 K
Revenue Per Share
8.23

The9 December 8, 2022 Stock Price Synopsis

The9 Accumulation Distribution 5,596 
The9 Price Daily Balance Of Power(1.00) 
The9 Price Rate Of Daily Change 0.96 
The9 Price Action Indicator(0.02) 

The9 December 8, 2022 Stock Price Analysis

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When benchmark price declines in a down market, there may be an uptick in The9 Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use The9 intraday prices and daily technical indicators to check the level of noise trading in The9 Stock and then apply it to test your longer-term investment strategies against The9.

The9 Stock Price History Chart

There are several ways to analyze The9 Stock price data. The simplest method is using a basic The9 candlestick price chart, which shows The9 price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.

90 Days Highest PriceSeptember 15, 20221.23
90 Days Lowest PriceDecember 7, 20220.66

The9 Stock Price History Data

The price series of The9 for the period between Fri, Sep 9, 2022 and Thu, Dec 8, 2022 has a statistical range of 0.67 with a coefficient of variation of 20.34. The daily prices for the period are spread out with arithmetic mean of 0.88. The median price for the last 90 days is 0.82. The company underwent 1:10 stock split on 19th of October 2020. The9 Ltd ADR issued dividends to stockholders on 2009-01-29.
OpenHighLowCloseVolume
12/07/2022 0.68  0.68  0.65  0.66  126,847 
12/06/2022 0.72  0.72  0.66  0.69  180,867 
12/05/2022 0.75  0.77  0.71  0.72  163,268 
12/02/2022 0.74  0.75  0.69  0.74  139,189 
12/01/2022 0.73  0.76  0.72  0.74  164,184 
11/30/2022 0.72  0.74  0.70  0.72  139,240 
11/29/2022 0.71  0.74  0.70  0.71  102,092 
11/28/2022 0.69  0.73  0.69  0.69  116,424 
11/25/2022 0.73  0.73  0.70  0.73  29,718 
11/23/2022 0.70  0.71  0.69  0.70  57,653 
11/22/2022 0.69  0.73  0.68  0.71  88,817 
11/21/2022 0.75  0.79  0.66  0.69  414,619 
11/18/2022 0.74  0.81  0.73  0.74  165,319 
11/17/2022 0.83  0.88  0.72  0.77  393,344 
11/16/2022 0.90  0.93  0.82  0.82  137,194 
11/15/2022 0.82  0.94  0.81  0.89  284,332 
11/14/2022 0.80  0.80  0.74  0.78  91,049 
11/11/2022 0.74  0.75  0.68  0.73  172,871 
11/10/2022 0.70  0.75  0.68  0.72  112,476 
11/09/2022 0.75  0.77  0.69  0.70  144,210 
11/08/2022 0.77  0.81  0.73  0.74  146,210 
11/07/2022 0.83  0.83  0.77  0.77  106,984 
11/04/2022 0.82  0.86  0.79  0.83  185,835 
11/03/2022 0.72  0.79  0.72  0.79  44,211 
11/02/2022 0.74  0.85  0.71  0.72  181,057 
11/01/2022 0.79  0.79  0.70  0.73  128,311 
10/31/2022 0.78  0.79  0.75  0.77  52,997 
10/28/2022 0.76  0.80  0.74  0.77  54,821 
10/27/2022 0.83  0.83  0.75  0.76  91,039 
10/26/2022 0.75  0.81  0.75  0.79  141,900 
10/25/2022 0.75  0.78  0.72  0.76  55,042 
10/24/2022 0.81  0.81  0.70  0.72  209,739 
10/21/2022 0.79  0.83  0.77  0.79  53,201 
10/20/2022 0.83  0.86  0.81  0.80  25,620 
10/19/2022 0.82  0.90  0.79  0.86  59,400 
10/18/2022 0.86  0.88  0.84  0.87  80,100 
10/17/2022 0.83  0.88  0.81  0.84  25,600 
10/14/2022 0.84  0.88  0.80  0.82  73,972 
10/13/2022 0.81  0.86  0.75  0.84  113,995 
10/12/2022 0.87  0.89  0.79  0.81  95,615 
10/11/2022 0.86  0.90  0.84  0.86  82,772 
10/10/2022 0.93  0.93  0.80  0.88  143,828 
10/07/2022 0.98  1.04  0.92  0.94  76,757 
10/06/2022 1.02  1.04  0.98  1.01  99,128 
10/05/2022 1.02  1.06  0.98  1.02  81,574 
10/04/2022 1.00  1.08  0.98  1.03  190,875 
10/03/2022 0.96  0.98  0.93  0.97  55,086 
09/30/2022 0.91  0.99  0.91  0.98  75,868 
09/29/2022 1.03  1.03  0.90  0.92  111,742 
09/28/2022 0.89  1.01  0.89  1.00  196,783 
09/27/2022 0.94  0.97  0.88  0.92  320,035 
09/26/2022 0.94  0.99  0.90  0.92  93,753 
09/23/2022 0.98  1.00  0.90  0.93  173,498 
09/22/2022 1.04  1.04  0.97  0.98  168,769 
09/21/2022 1.05  1.10  1.01  1.03  228,475 
09/20/2022 1.17  1.17  1.03  1.06  353,869 
09/19/2022 1.15  1.18  1.13  1.16  180,628 
09/16/2022 1.19  1.20  1.15  1.17  125,036 
09/15/2022 1.20  1.25  1.20  1.23  109,677 
09/14/2022 1.22  1.23  1.17  1.21  100,669 
09/13/2022 1.25  1.26  1.20  1.20  191,966 

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 historical stock prices may prove useful in developing a viable investing in The9
The9 Limited, together with its subsidiaries, operates as an Internet company in the Peoples Republic of China. The9 Limited was incorporated in 1999 and is headquartered in Shanghai, the Peoples Republic of China. The9 operates under Electronic Gaming Multimedia classification in the United States and is traded on NASDAQ Exchange. It employs 74 people.

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.
A focus of The9 technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of The9 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...

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The9 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for The9 stock's 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 stock 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.
Additionally, see Correlation Analysis. You can also try Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for analysis

When running The9 Ltd ADR 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 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.
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Is The9'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 The9. If investors know The9 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 The9 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
16.2 M
Quarterly Revenue Growth YOY
62.213
Return On Assets
(0.29) 
Return On Equity
(1.87) 
The market value of The9 Ltd ADR is measured differently than its book value, which is the value of The9 that is recorded on the company's balance sheet. Investors also form their own opinion of The9's value that differs from its market value or its book value, called intrinsic value, which is The9'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 The9's market value can be influenced by many factors that don't directly affect The9'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 The9's value and its price as these two are different measures arrived at by different means. Investors typically determine The9 value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, The9'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.