NetEase (Brazil) Price on September 3, 2024
| NETE34 Stock | BRL 57.18 0.18 0.32% |
If you're considering investing in NetEase Stock, it is important to understand the factors that can impact its price. As of today, the current price of NetEase stands at 57.18, as last reported on the 27th of December, with the highest price reaching 57.24 and the lowest price hitting 56.91 during the day. NetEase appears to be very steady, given 3 months investment horizon. NetEase has Sharpe Ratio of 0.0776, which conveys that the firm had a 0.0776% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for NetEase, which you can use to evaluate the volatility of the firm. Please exercise NetEase's Mean Deviation of 2.31, downside deviation of 2.38, and Risk Adjusted Performance of 0.1395 to check out if our risk estimates are consistent with your expectations.
NetEase Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NetEase |
Sharpe Ratio = 0.0776
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | NETE34 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.12 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average NetEase 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 NetEase by adding it to a well-diversified portfolio.
NetEase Valuation on September 3, 2024
It is possible to determine the worth of NetEase on a given historical date. On September 3, 2024 NetEase was worth 44.35 at the beginning of the trading date compared to the closed value of 43.67. 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 | |
| 46.47 | 46.47 | 43.99 | 43.99 | 169.00 | |
09/03/2024 | 44.35 | 44.35 | 43.44 | 43.67 | 68.00 |
| 45.28 | 45.38 | 44.48 | 44.78 | 1,846 |
| Backtest NetEase | | | NetEase History | | | NetEase Valuation | Previous | Next |
NetEase Trading Date Momentum on September 3, 2024
| On September 04 2024 NetEase was traded for 44.78 at the closing time. The highest price during the trading period was 45.38 and the lowest recorded bid was listed for 44.48 . The volume for the day was 1.8 K. This history from September 4, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 2.54% . The trading delta at closing time to the current price is 1.53% . |
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
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.
Price Boundaries
NetEase Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
NetEase cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
NetEase December 27, 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.
| Risk Adjusted Performance | 0.1395 | |||
| Jensen Alpha | 0.5022 | |||
| Total Risk Alpha | 0.3424 | |||
| Sortino Ratio | 0.1983 | |||
| Treynor Ratio | 1.84 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio |