The9 Stock Quote Today

NCTY
 Stock
  

USD 1.70  0.16  8.60%   

Market Performance
0 of 100
Odds Of Distress
Over 97
The9 is trading at 1.70 as of the 6th of July 2022; that is -8.6 percent down since the beginning of the trading day. The stock's open price was 1.86. The9 has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for The9 Ltd ADR are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of June 2022 and ending today, the 6th of July 2022. Click here to learn more.
CUSIP
88337K104
Fiscal Year End
December
Business Domain
Media & Entertainment
IPO Date
15th of December 2004
Category
Communication Services
Classification
Communication Services
ISIN
US88337K3023
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. The company has 19.83 M outstanding shares of which 517.21 K shares are now shorted by private and institutional investors with about 1.57 trading days to cover. More on The9 Ltd ADR

Moving together with The9

0.86NCLHNorwegian Cruise Ord Downward RallyPairCorr
0.72PGProcter Gamble Fiscal Year End 29th of July 2022 PairCorr
0.67PSMTPricesmart Earnings Call  This WeekPairCorr
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

The9 Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. The9's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding The9 or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
The9 Ltd ADR generated a negative expected return over the last 90 days
The9 Ltd ADR has high historical volatility and very poor performance
The9 Ltd ADR may become a speculative penny stock
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 125.94 M. Net Loss for the year was (91.04 M) with loss before overhead, payroll, taxes, and interest of (188.65 K).
The9 Ltd ADR currently holds about 839.2 M in cash with (308.01 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 43.36, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Co-Founder, Chairman and CEOJun Zhu
Thematic IdeaTech Growth (view all)
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of The9's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
The9 Ltd ADR (NCTY) is traded on NASDAQ Exchange in USA and employs 105 people. The company currently falls under 'Micro-Cap' category with current market capitalization of 35.11 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate The9's market, we take the total number of its shares issued and multiply it by The9's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. The9 Ltd ADR conducts business under Communication Services sector and is part of Electronic Gaming & Multimedia industry. The entity has 19.83 M outstanding shares of which 517.21 K shares are now shorted by private and institutional investors with about 1.57 trading days to cover. The9 Ltd ADR currently holds about 839.2 M in cash with (308.01 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 43.36, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check The9 Probability Of Bankruptcy
Ownership
The9 maintains a total of 19.83 Million outstanding shares. About 90.0 % of The9 outstanding shares are held by regular investors with 2.13 (%) owned by insiders and only 8.15 % by institutional holders. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Allocation (%)

Check The9 Ownership Details

The9 Stock Price Odds Analysis

What are The9's target price odds to finish over the current price? Based on a normal probability distribution, the odds of The9 jumping above the current price in 90 days from now is about 69.43%. The The9 Ltd ADR probability density function shows the probability of The9 stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 3.4019. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, The9 will likely underperform. Additionally, the company has an alpha of 0.1674, implying that it can generate a 0.17 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 1.7HorizonTargetOdds Above 1.7
30.50%90 days
 1.70 
69.43%
Based on a normal probability distribution, the odds of The9 to move above the current price in 90 days from now is about 69.43 (This The9 Ltd ADR probability density function shows the probability of The9 Stock to fall within a particular range of prices over 90 days) .

The9 Stock Institutional Holders

Institutional Holdings refers to the ownership stake in The9 that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of The9's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing The9's value.
InstituionSecurity TypeTotal SharesValue
State Street CorpCommon Shares587.2 K1.8 M
Morgan StanleyCommon Shares561.8 K1.7 M
Group One Trading LpCall Options71.5 K213 K
Sabby Management LlcPut Options652194 K
View The9 Diagnostics

The9 Ltd ADR Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing 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. Although The9's alpha and beta are two of the key measurements used to evaluate The9's performance over the market, the standard measures of volatility play an important role as well.

The9 Stock Against Markets

Picking the right benchmark for The9 stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in The9 stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for The9 is critical whether you are bullish or bearish towards The9 Ltd ADR at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in The9 without increasing your portfolio risk or giving up 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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The9 Corporate Directors

The9 corporate directors refer to members of a The9 board of directors. The board of directors generally takes responsibility for the The9's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of The9's board members must vote for the resolution. The The9 board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Chao Wang - Independent DirectorProfile
KaKeung Yeung - Independent DirectorProfile
Cheung AuYeung - DirectorProfile
Kwok Chau - Independent DirectorProfile

Investing The9 Ltd ADR

You need to understand the risk of investing before taking a position in The9. The danger of trading The9 Ltd ADR is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of The9 is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than The9. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile The9 Ltd ADR is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Shere Portfolio module to track or share privately all of your investments from the convenience of any device.

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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
41.7 M
Quarterly Revenue Growth YOY
62.21
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.