HK/China Stocks signal
9633

9633

Nongfu Spring Co., Ltd. · Consumer Defensive

HK/China StocksBeverages - Non-AlcoholicHKGHKD-28.0% from ATH
Current Price

$43.26

Drawdown from ATH

-28.0%

Last Updated

Jun 17, 2026

Dipsern Grade90d

C

Marginal

Graded against 9633's own history at this drawdown — not the market's.

What it means: 9633's own history does not strongly favor buying at this level yet.

What to do: Consider watching and waiting for a deeper dip or a higher grade.

Median 90-Day Return
Historical Win Rate
Last 30 days-3.65%
May 6Jun 17
About 9633

Nongfu Spring Co., Ltd.

Nongfu Spring Co., Ltd. produces and sells packaged drinking water and beverage products primarily in Mainland China. It operates through five segments: Water Products, Ready-To-Drink Tea Products, Functional Drinks Products, Juice Beverage Products, and Other Products. The company also offers ready-to-drink tea beverages; functional drink products; fruit juice products; and other products, including beverage products, soda water, sparkling flavored, lemon juice, coffee beverages, and plant-base

The reading

How Dipsern reads 9633 right now.

Three plain-English paragraphs — current state, historical base rate, and interpretation — so you walk away with context, not a dashboard.

Snapshot

How is 9633 doing right now?

In plain terms: 9633 is 28% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.

Nongfu Spring (9633) sits 28.0% off its peak and is currently in a deep drawdown, last printing at $43.26. Deep drawdowns shift the conversation from "is this a buy" to "what's broken". Sometimes it's macro. Sometimes it's the asset itself. Dipsern's data tells you which one history rewarded.

Historical base rate

What history says at this drawdown

History at this drawdown level is well-populated for 9633 — 147 confirmed observations in the 30%-to-25% band. The Dipsern engine uses these to compute a rolling median rather than a mean, because medians are robust to the kind of fat tails you find in hk/china stocks return distributions. The win rate (% of episodes that closed positive after 90 days) is shown in the segments table below.

Interpretation

What this means for 9633

Drawdown-based signals work across asset classes but the magnitude of meaningful moves varies. Dipsern computes the segmentation per-asset so the bands are calibrated to 9633's own volatility history. Deep drawdowns require a story for why this time isn't different. The Dipsern signal can tell you what historically happened next; it can't tell you whether the current setup matches the historical analog.

Comparable signals

Other HK/China Stocks at similar drawdown levels

Five tickers closest to 9633's distance from all-time high. Same category, one tap away.

Ping An Insurance

-28.6% from ATH

Zijin Mining Group

-28.7% from ATH

MTR Corporation

-28.8% from ATH

Ping An Insurance (Group)

-29.0% from ATH

Industrial Bank Co.

-26.8% from ATH

Historical depth

Sample sizes by drawdown band

Dipsern segments the full drawdown range into 20 equal-width bands. The table shows the number of confirmed historical observations in each band for 9633. Median forward returns, win rates, and prediction errors are available in the full analysis.

Drawdown BandObservationsMedian ReturnWin Rate
-65% to -60%5
-60% to -55%14
-55% to -50%49
-50% to -45%60
-45% to -40%163
-40% to -35%238
-35% to -30%424
-30% to -25%Current147
-25% to -20%68
-20% to -15%38
-15% to -10%49
-10% to -5%50
Methodology

Every grade is reproducible.

We segment 40+ years of 9633's price history into 20 equal-width drawdown bands and compute forward median returns, win rates, and prediction error per band. No look-ahead bias. Pure NumPy. Open math, gated numbers.

Years of history

40+

Drawdown bands

20

Look-ahead bias

None

Data sources

4

Unlock 9633's full analysis

See the Dipsern grade, median returns, win rates, prediction accuracy, 8 interactive charts, historical price paths, and a plain-English verdict for 9633.

Dipsern is research and a second opinion — not a broker. You'd buy 9633 at your own broker.

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Signal computed Jun 17, 2026 using default parameters (90-day return period, 20 segments, 0.95 decay). Data sourced from Yahoo Finance, Binance, CoinGecko, and Steam Market.