The9 Stock Performance

NCTY
 Stock
  

USD 1.55  0.03  1.97%   

On a scale of 0 to 100, The9 holds a performance score of 6. The entity has a beta of 3.4717, which indicates a somewhat significant risk relative to the market. Let's try to break down what The9's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, The9 will likely underperform. Although it is vital to follow The9 Ltd ADR current price movements, it is good to be conservative about what you can do with the information regarding equity historical returns. The philosophy towards measuring future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. We have found twenty-seven technical indicators for The9 Ltd ADR, which you can use to evaluate the performance of the company. Please operates The9 sortino ratio, as well as the relationship between the semi variance and rate of daily change to make a quick decision on whether The9 Ltd ADR existing price patterns will revert.
  
The9 Performance
6 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in The9 Ltd ADR are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of fairly sluggish basic indicators, The9 showed solid returns over the last few months and may actually be approaching a breakup point. ...more

The9 Price Channel

Quick Ratio0.91
Fifty Two Week Low1.1400
Fifty Two Week High18.4100

The9 Relative Risk vs. Return Landscape

If you would invest  125.00  in The9 Ltd ADR on May 11, 2022 and sell it today you would earn a total of  30.00  from holding The9 Ltd ADR or generate 24.0% return on investment over 90 days. The9 Ltd ADR is currently generating 0.6886% in daily expected returns and assumes 8.1812% risk (volatility on return distribution) over the 90 days horizon. In different words, 70% of stocks are less volatile than The9, and 87% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  
Given the investment horizon of 90 days The9 is expected to generate 6.44 times more return on investment than the market. However, the company is 6.44 times more volatile than its market benchmark. It trades about 0.08 of its potential returns per unit of risk. The DOW is currently generating roughly 0.05 per unit of risk.

The9 Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for The9's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as The9 Ltd ADR, and traders can use it to determine the average amount a The9's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0842

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Estimated Market Risk
 8.18
  actual daily
 
 70 %
of total potential
 
7070
Expected Return
 0.69
  actual daily
 
 13 %
of total potential
 
1313
Risk-Adjusted Return
 0.08
  actual daily
 
 6 %
of total potential
 
66
Based on monthly moving average The9 is performing at about 6% 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.

About The9 Performance

To evaluate The9 Ltd ADR Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when The9 generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare The9 Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand The9 Ltd ADR stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents The9's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
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.

Things to note about The9 Ltd ADR

Checking the ongoing alerts about The9 for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for The9 Ltd ADR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

The9 Alerts

Equity Alerts and Improvement Suggestions

The9 Ltd ADR is way too risky over 90 days horizon
The9 Ltd ADR may become a speculative penny stock
The9 Ltd ADR appears to be risky and price may revert if volatility continues
The9 Ltd ADR has a very high chance of going through financial distress in the upcoming years
The company reported the previous year's revenue of 135.88 M. Net Loss for the year was (411.23 M) with loss before overhead, payroll, taxes, and interest of (188.65 K).
The9 Ltd ADR currently holds about 429.22 M in cash with (687.69 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 18.21, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Latest headline from news.alphastreet.com: Booking Holdings Inc. Q2 2022 Earnings Call Transcript - AlphaStreet
Additionally, see Stocks Correlation. Note that the The9 Ltd ADR information on this page should be used as a complementary analysis to other The9'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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for The9 Stock 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.
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.