NOAH Stock Summary and Trading Ideas (Noah Holdings Limited American Depositary Shares | NYSE:NOAH)

Noah Holdings Ltd is a wealth management service provider. It focuses on wealth investment and asset allocation services for high-net-worth individuals and enterprises in China. The company operates through three segments: wealth management, asset management, and other business. Its product offerings consisting of over-the-counter wealth management and OTC asset management products and mutual fund products. The portfolio of the group mostly includes fixed income products, private equity funds and securities investment funds. Majority of the firm revenue is generated through one-time commissions and recurring service fees paid by third-party product providers.

Noah Holdings Limited American Depositary Shares trades on the NYSE stock market under the symbol NOAH.

As of April 18, 2024, NOAH stock price climbed to $12.00 with 99,576 million shares trading.

NOAH has a beta of 1.51, meaning it tends to be more sensitive to market movements. NOAH has a correlation of 0.14 to the broad based SPY ETF.

NOAH has a market cap of $788.04 million. This is considered a Small Cap stock.

In the last 3 years, NOAH stock traded as high as $49.88 and as low as $9.90.

The top ETF exchange traded funds that NOAH belongs to (by Net Assets): IEMG, DWLD, DINT, IXUS, AVEM.

NOAH has underperformed the market in the last year with a price return of -26.9% while the SPY ETF gained +22.3%. NOAH has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +4.3% and -9.6%, respectively, while the SPY returned +6.1% and -3.8%, respectively.

NOAH support price is $11.44 and resistance is $12.24 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NOAH stock will trade within this expected range on the day.