The9 Stock Technical Analysis

NCTY
 Stock
  

USD 1.59  0.05  3.05%   

As of the 14th of August 2022, The9 has the Semi Deviation of 8.78, risk adjusted performance of 0.0841, and Coefficient Of Variation of 1655.3. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of The9 Ltd ADR, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for The9 Ltd ADR, which can be compared to its competition. Please validate The9 Ltd ADR semi deviation, jensen alpha, as well as the relationship between the Jensen Alpha and semi variance to decide if The9 is priced more or less accurately, providing market reflects its prevalent price of 1.59 per share. Please also confirm The9 Ltd ADR total risk alpha, which is currently at 0.0183 to double-check the company can sustain itself at a future point.
  

The9 Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as The9, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to The9
The9's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
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...

The9 Ltd ADR Technical Analysis

Indicator
Time Period
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The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of The9 Ltd ADR volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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The9 Ltd ADR Trend Analysis

Use this graph to draw trend lines for The9 Ltd ADR. You can use it to identify possible trend reversals for The9 as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual The9 price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

The9 Best Fit Change Line

The following chart estimates an ordinary least squares regression model for The9 Ltd ADR applied against its price change over selected period. The best fit line has a slop of   0.002254  , which means The9 Ltd ADR will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.19, which is the sum of squared deviations for the predicted The9 price change compared to its average price change.

About The9 Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of The9 Ltd ADR on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of The9 Ltd ADR based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on The9 Ltd ADR stock first instead of the macroeconomic environment surrounding The9 Ltd ADR. By analyzing The9's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of The9's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to The9 specific price patterns or momentum indicators. Please read more on our technical analysis page.

The9 August 14, 2022 Technical Indicators

Most technical analysis of The9 help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for The9 from various momentum indicators to cycle indicators. When you analyze The9 charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

The9 August 14, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as The9 stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
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 Bond Directory module to find actively traded corporate debentures issued by US companies.

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.
Market Capitalization
38.7 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.