Netease Stock Technical Analysis
| NETTF Stock | USD 16.28 0.77 4.52% |
As of the 6th of December, NetEase Inc secures the Risk Adjusted Performance of 0.0515, downside deviation of 7.28, and Mean Deviation of 4.97. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of NetEase Inc, as well as the relationship between them. Please verify NetEase Inc information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if NetEase is priced some-what accurately, providing market reflects its recent price of 16.28 per share. Given that NetEase Inc has jensen alpha of 0.459, we recommend you to check NetEase Inc's last-minute market performance to make sure the company can sustain itself at a future point.
NetEase Inc Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as NetEase Inc, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NetEase IncNetEase Inc |
NetEase Inc technical pink sheet 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, pink sheet market cycles, or different charting patterns.
NetEase Inc Technical Analysis
The output start index for this execution was five with a total number of output elements of fifty-six. 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 NetEase Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
NetEase Inc Trend Analysis
Use this graph to draw trend lines for NetEase. You can use it to identify possible trend reversals for NetEase Inc 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 NetEase Inc price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.NetEase Inc Best Fit Change Line
The following chart estimates an ordinary least squares regression model for NetEase applied against its price change over selected period. The best fit line has a slop of 0.0097 , which may suggest that NetEase market price will keep on failing further. It has 122 observation points and a regression sum of squares at 3.52, which is the sum of squared deviations for the predicted NetEase Inc price change compared to its average price change.About NetEase Inc 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 NetEase 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 NetEase based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on NetEase Inc price pattern first instead of the macroeconomic environment surrounding NetEase Inc. By analyzing NetEase Inc'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 NetEase Inc'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 NetEase Inc specific price patterns or momentum indicators. Please read more on our technical analysis page.
NetEase Inc December 6, 2024 Technical Indicators
Most technical analysis of NetEase Inc 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 NetEase Inc from various momentum indicators to cycle indicators. When you analyze NetEase Inc 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0515 | |||
| Market Risk Adjusted Performance | (0.62) | |||
| Mean Deviation | 4.97 | |||
| Semi Deviation | 6.39 | |||
| Downside Deviation | 7.28 | |||
| Coefficient Of Variation | 1748.09 | |||
| Standard Deviation | 6.85 | |||
| Variance | 46.86 | |||
| Information Ratio | 0.0372 | |||
| Jensen Alpha | 0.459 | |||
| Total Risk Alpha | (0.79) | |||
| Sortino Ratio | 0.035 | |||
| Treynor Ratio | (0.63) | |||
| Maximum Drawdown | 35.25 | |||
| Value At Risk | (9.84) | |||
| Potential Upside | 11.24 | |||
| Downside Variance | 52.93 | |||
| Semi Variance | 40.77 | |||
| Expected Short fall | (5.68) | |||
| Skewness | (0.28) | |||
| Kurtosis | 1.22 |
Complementary Tools for NetEase Inc Pink Sheet analysis
When running NetEase Inc's price analysis, check to measure NetEase Inc'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 Inc is operating at the current time. Most of NetEase Inc's value examination focuses on studying past and present price action to predict the probability of NetEase Inc'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 Inc's price. Additionally, you may evaluate how the addition of NetEase Inc to your portfolios can decrease your overall portfolio volatility.
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