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NetEase 6-1 Month Momentum %

: -12.45% (As of Today)
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6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2022-08-11), NetEase's 6-1 Month Momentum % is -12.45%.

The industry rank for NetEase's 6-1 Month Momentum % or its related term are showing as below:

NTES's 6-1 Month Momentum % is ranked better than
68.89% of 601 companies
in the Interactive Media industry
Industry Median: -23.62 vs NTES: -12.45

Competitive Comparison

For the Electronic Gaming & Multimedia subindustry, NetEase's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NetEase 6-1 Month Momentum % Distribution

For the Interactive Media industry and Communication Services sector, NetEase's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where NetEase's 6-1 Month Momentum % falls into.

NetEase  (NAS:NTES) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NetEase  (NAS:NTES) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

NetEase 6-1 Month Momentum % Related Terms

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NetEase Business Description

NetEase logo
No.599 Wangshang Road, NetEase Building, Binjiang District, Hangzhou, CHN, 310052
NetEase, which started on an Internet portal service in 1997, is a leading online services provider in China. Its key services include online/mobile games, cloud music, media, advertising, email, live streaming, online education, and e-commerce. The company develops and operates some of the China's most popular PC client and mobile games, and it partners with global leading game developers, such as Blizzard Entertainment and Mojang (a Microsoft subsidiary).

NetEase Headlines

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Bear Of The Day: NetEase (NTES)

By Zacks 2021-09-23

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