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NIO Inc. ADR buy tbackenh

Start price
€45.02
01.07.21 / 50%
Target price
-
01.07.22
Performance (%)
-54.02%
End price
€20.70
01.07.22
Summary
This prediction ended on 01.07.22 with a price of €20.70. The BUY prediction by tbackenh for NIO Inc. ADR performed very badly with a performance of -54.02%. tbackenh has 50% into this prediction
Performance without dividends (%)
Name 1w 1m 1y
NIO Inc. ADR 2.397% 2.397% -46.634%
iShares Core DAX® 1.051% -1.833% 12.822%
iShares Nasdaq 100 -0.547% -3.738% 40.625%
iShares Nikkei 225® -1.778% -8.115% 16.092%
iShares S&P 500 0.002% -2.226% 28.387%

According to tbackenh what are the pros and cons of NIO Inc. ADR for the foreseeable future?

Pros
Could be worthwhile Investment >10% per year
Known brand
Future proof or reliable business model
Cons
High valuation
Higher risks for its business

Comments by tbackenh for this prediction

In the thread Nio Inc. diskutieren
Prediction Buy
Perf. (%) -54.02%
Target price 50.000
Change
Ends at 01.07.22

Buy mit Kursziel 50,0

Prediction Buy
Perf. (%) -54.02%
Target price
Change
Ends at 01.07.22

Kursziel geändert auf 0,0

In the thread Trading Nio Inc.
Prediction Buy
Perf. (%) -54.02%
Target price
Change
Ends at 01.07.22

Die von tbackenh gewählte maximale Laufzeit wurde überschritten