Netease Stock Price on May 1, 2024

NTES Stock  USD 104.97  0.76  0.73%   
Below is the normalized historical share price chart for NetEase extending back to June 30, 2000. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of NetEase stands at 104.97, as last reported on the 18th of May 2024, with the highest price reaching 107.34 and the lowest price hitting 104.00 during the day.
IPO Date
30th of June 2000
200 Day MA
102.4994
50 Day MA
99.606
Beta
0.583
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in NetEase Stock, it is important to understand the factors that can impact its price. We consider NetEase very steady. NetEase has Sharpe Ratio of 3.0E-4, which conveys that the firm had a 3.0E-4% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for NetEase, which you can use to evaluate the volatility of the firm. Please verify NetEase's Risk Adjusted Performance of 0.0077, downside deviation of 2.1, and Mean Deviation of 1.58 to check out if the risk estimate we provide is consistent with the expected return of 6.0E-4%.
  
At this time, NetEase's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 924.1 M in 2024, whereas Other Stockholder Equity is likely to drop slightly above 8 B in 2024. . At this time, NetEase's Price Earnings To Growth Ratio is comparatively stable compared to the past year. Price To Operating Cash Flows Ratio is likely to gain to 12.77 in 2024, whereas Price Earnings Ratio is likely to drop 13.88 in 2024. NetEase Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 3.0E-4

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Estimated Market Risk

 2.24
  actual daily
19
81% of assets are more volatile

Expected Return

 0.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average NetEase is not performing at its full potential. However, 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 NetEase by adding NetEase to a well-diversified portfolio.
Price Book
3.4582
Enterprise Value Ebitda
1.54
Price Sales
0.601
Shares Float
1.7 B
Dividend Share
18.187

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NetEase Valuation on May 1, 2024

It is possible to determine the worth of NetEase on a given historical date. On May 1, 2024 NetEase was worth 93.76 at the beginning of the trading date compared to the closed value of 94.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NetEase stock. Still, in general, we apply an absolute valuation method to find NetEase's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of NetEase where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NetEase's related companies.
 Open High Low Close Volume
  95.05    95.73    93.42    93.47    1,148,015  
05/01/2024
  93.76    95.54    93.61    94.02    677,595  
  96.48    99.23    95.91    98.95    2,103,682  
Backtest NetEase  |  NetEase History  |  NetEase Valuation   PreviousNext  
Open Value
93.76
94.02
Closing Value
100.48
Upside

NetEase Trading Date Momentum on May 1, 2024

On May 02 2024 NetEase was traded for  98.95  at the closing time. The top price for the day was 99.23  and the lowest listed price was  95.91 . The trading volume for the day was 2.1 M. The trading history from May 2, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 5.24% . The trading delta at closing time against the current closing price is 5.47% .

NetEase Fundamentals Correlations and Trends

By evaluating NetEase's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among NetEase's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NetEase financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About NetEase Stock history

NetEase 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 NetEase is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NetEase 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 NetEase stock prices may prove useful in developing a viable investing in NetEase
Last ReportedProjected for Next Year
Common Stock Shares Outstanding650.4 M924.1 M
Net Income Applicable To Common Shares23.4 B24.6 B

NetEase Quarterly Net Working Capital

88.85 Billion

NetEase Stock Technical Analysis

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...

Price Boundaries

NetEase Period Price Range

Low
May 1, 2024
0.26  0.28%
High

 93.76 

     

 94.02 

NetEase May 18, 2024 Market Strength

Market strength indicators help investors to evaluate how NetEase stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NetEase shares will generate the highest return on investment. By undertsting and applying NetEase stock market strength indicators, traders can identify NetEase entry and exit signals to maximize returns

NetEase Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for NetEase's price direction in advance. Along with the technical and fundamental analysis of NetEase Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NetEase 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 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.
When determining whether NetEase is a strong investment it is important to analyze NetEase's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NetEase's future performance. For an informed investment choice regarding NetEase Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NetEase. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more information on how to buy NetEase Stock please use our How to Invest in NetEase guide.
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 the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

Complementary Tools for NetEase Stock analysis

When running NetEase's 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 the 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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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.
Quarterly Earnings Growth
0.682
Dividend Share
18.187
Earnings Share
6.25
Revenue Per Share
160.841
Quarterly Revenue Growth
0.07
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 if NetEase is a good investment 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.