Alibaba Group Holding Ltd ADR sell PlusUltra
Start price
19.09.21
/
0%
€135.10
Target price
19.09.22
-
Performance (%)
-33.72%
End price
15.09.22
€89.55
Summary
This prediction ended on 15.09.22 with a price of €89.55. The SELL prediction by PlusUltra for Alibaba Group Holding Ltd ADR performed very well with a performance of -33.72%. This prediction was marked as speculative and is excluded from PlusUltra's performance statistics.Alibaba Group Holding Limited is a Chinese multinational technology company specializing in e-commerce, retail, Internet and technology. It was founded in 1999 by Jack Ma and is headquartered in Hangzhou, China. Alibaba operates through various segments, including e-commerce, cloud computing, digital media, and entertainment, as well as innovation initiatives and other ancillary businesses. Its e-commerce platforms facilitate consumer-to-consumer, business-to-consumer, and business-to-business transactions. The company's initial public offering (IPO) in 2014 was the largest in history, raising $25 billion in capital, and it is currently listed on the New York Stock Exchange under the symbol BABA.
Performance without dividends (%)
| Name | 1w | 1m | 1y |
|---|---|---|---|
| Alibaba Group Holding Ltd ADR | 8.937% | 8.937% | -5.796% |
| iShares Core DAX® | 2.594% | -1.158% | 14.782% |
| iShares Nasdaq 100 | 3.553% | -1.727% | 43.265% |
| iShares Nikkei 225® | 0.687% | -8.354% | 18.454% |
| iShares S&P 500 | 2.209% | -0.942% | 31.361% |
According to PlusUltra what are the pros and cons of Alibaba Group Holding Ltd ADR for the foreseeable future?
Pros
Cons
Probably not worthwhile Investment
Increased challenges to pay loans and raise capital
High risks in the balance sheet
High risks for its business
Business model of the past or high risk
Comments by PlusUltra for this prediction
In the thread Alibaba Group Holding Ltd ADR diskutieren
Sell Alibaba Group Holding Ltd ADR