The9 Ltd ADR (NCTY) Earnings
Should You Buy NCTY Before Earnings?
Based on the last three years of earnings reports, buying NCTY stock within four weeks before its earnings date yielded an average return of -5.03%.
The best time to buy before earnings was 7 days before, which yielded an average return of -0.92% by the earnings date. The worst time was 21 days before, which yielded an average return of -8.03%.
Report dates analyzed: Mar 31 2021 - Nov 29 2023*Disclaimer: Past performances is not a guarantee of future results.
Should You Buy NCTY After Earnings?
Based on the last three years of earnings reports, on average, NCTY has gone down -5.75% shortly after its earnings date. The stock bottoms around 14 day after earnings, where it is on average -9.69% lower than its closing price on the day of earnings.
Since NCTY has typically gone down after earnings, it might be a good time to buy the dip if you believe in the stock long-term.
Report dates analyzed: Mar 31 2021 - Nov 29 2023*Disclaimer: Past performances is not a guarantee of future results.
Average Gains
The average return if you bought The9 Ltd ADR before its earnings report and sold at close on its earnings day.
Period | 28 Day Before | 21 Days Before | 14 Days Before | 7 Days Before | 1 Day Before | Day Of |
---|---|---|---|---|---|---|
Past 4 Earnings | -2.56% | -9.43% | -5.96% | -1.38% | -3.23% | -3.06% |
Past 8 Earnings | -9.54% | -2.51% | -0.92% | 0.45% | -0.85% | -2.26% |
Past 12 Earnings | -6.03% | -8.03% | -6.43% | -0.92% | -3.77% | -2.21% |
NCTY Earnings History
Report Date | 28 Day Before | 21 Days Before | 14 Days Before | 7 Days Before | 1 Day Before | Day Of | 1 Day After | 7 Days After | 14 Days After | 21 Days After | 28 Days After |
---|---|---|---|---|---|---|---|---|---|---|---|
2023-11-29 | 5.04 42.21% | 6.80 5.29% | 7.70 -6.95% | 6.41 11.70% | 6.78 5.61% | 7.16 2.43% | 8.32 16.20% | 6.68 -6.70% | 6.66 -7.05% | 9.50 32.68% | 9.30 29.89% |
2023-08-30 | 0.92 -9.89% | 0.83 -0.65% | 0.78 6.85% | 0.82 1.15% | 0.85 -2.57% | 0.83 -2.44% | 0.80 -3.13% | 0.75 -9.71% | 0.71 -14.61% | 0.71 -14.27% | 0.71 -13.79% |
2023-05-31 | 0.80 -20.00% | 0.84 -23.81% | 0.80 -19.50% | 0.77 -16.89% | 0.76 -15.56% | 0.64 -13.51% | 0.67 4.38% | 0.70 9.66% | 0.69 7.81% | 0.78 22.33% | 0.77 20.31% |
2023-03-27 | 1.02 -22.54% | 0.97 -18.55% | 0.83 -4.24% | 0.80 -1.48% | 0.79 -0.42% | 0.79 1.30% | 0.78 -0.72% | 0.78 -1.79% | 0.83 5.53% | 1.03 30.36% | 0.85 7.61% |
2022-11-30 | 0.72 -0.55% | 0.70 3.30% | 0.82 -12.41% | 0.70 2.19% | 0.71 2.13% | 0.72 -0.26% | 0.74 3.11% | 0.66 -9.01% | 0.80 11.07% | 0.63 -12.42% | 0.47 -35.42% |
2022-08-31 | 1.50 -18.67% | 1.55 -21.29% | 1.45 -15.86% | 1.30 -6.15% | 1.20 1.67% | 1.22 0.83% | 1.22 0.00% | 1.24 1.64% | 1.21 -0.82% | 1.03 -15.57% | 1.00 -18.04% |
2022-06-01 | 2.43 -33.75% | 1.25 28.80% | 1.46 10.27% | 1.45 11.03% | 1.68 -4.17% | 1.61 -5.29% | 1.76 9.32% | 1.68 4.35% | 1.35 -16.15% | 1.32 -18.01% | 2.13 32.30% |
2022-03-28 | 3.95 -13.17% | 3.21 6.85% | 2.55 34.51% | 3.36 2.08% | 3.22 6.52% | 3.43 -1.15% | 3.44 0.29% | 3.17 -7.58% | 2.68 -21.87% | 2.74 -20.12% | 2.69 -21.57% |
2021-12-01 | 10.88 -13.51% | 11.11 -15.30% | 12.31 -23.56% | 10.65 -11.64% | 9.99 -5.81% | 9.41 -6.65% | 8.94 -5.00% | 8.72 -7.33% | 8.59 -8.71% | 8.06 -14.35% | 6.99 -25.72% |
2021-09-01 | 11.98 29.30% | 16.30 -4.97% | 12.66 22.35% | 15.35 0.91% | 15.71 -1.40% | 15.49 -1.46% | 16.03 3.49% | 14.33 -7.49% | 12.25 -20.92% | 11.51 -25.69% | 10.07 -34.99% |
2021-06-30 | 11.64 22.51% | 17.11 -16.66% | 18.32 -22.16% | 13.30 7.22% | 15.27 -6.61% | 14.26 -4.93% | 13.50 -5.33% | 12.06 -15.43% | 10.55 -26.02% | 10.08 -29.31% | 11.73 -17.74% |
Methodology
We analyzed the past three years of NCTY's earnings reports to calculate the average change in price of the stock before and after earnings.
Before Earnings
For calculating the average gains if you bought prior to earnings, we looked at the closing price of 5 different dates and compared them to the closing price of NCTY on the day of the earnings report to calculate the return. The dates analyzed are:
- 28 days prior (4 weeks)
- 21 days prior (3 weeks)
- 14 days prior (2 weeks)
- 7 days prior (1 week)
- 1 day prior
This simulates an individual purchasing NCTY stock on one of those days and selling on the day of the earnings report.
After Earnings
For calculating the average gains if you bought NCTY stock on the day of earnings, we looked at the closing price of NCTY on the day of the earnings and then compared it to 5 dates after. The dates analyzed are:
- 1 day after
- 7 days after (1 week)
- 14 days after (2 weeks)
- 21 days after (3 weeks)
- 28 day after (4 weeks)
This simulates an individual purchasing NCTY stock on the day of the earnings report and then selling on one of the dates following.
Day of
To calculate the gains on the day of earnings, we compared the opening price of NCTY to the closing price on the day of earnings - regardless if the earnings call was pre- or post-market.
$NCTY MACD turned bullish
$NCTY I'm friggin bored. Just give us our money already
$NCTY Going up
$NCTY The United States stock market is going to crash.
$NCTY There is nothing wrong with a decent pullback
$NCTY why is there no volume? Is that suspicious?
$NCTY what V recovery or fake pump
$NCTY beauty. Bag secured
$NCTY hold
$NCTY whats the target for Friday close?