Neo Current Deferred Revenue from 2010 to 2026
| NEO Stock | CAD 20.56 0.23 1.13% |
Current Deferred Revenue | First Reported 2017-12-31 | Previous Quarter 8.1 M | Current Value 5 M | Quarterly Volatility 2.7 M |
Check Neo Performance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Neo Performance's main balance sheet or income statement drivers, such as Tax Provision of 10.7 M, Interest Income of 20.6 M or Interest Expense of 2.4 M, as well as many indicators such as Price To Sales Ratio of 0.97, Dividend Yield of 0.0298 or PTB Ratio of 1.01. Neo financial statements analysis is a perfect complement when working with Neo Performance Valuation or Volatility modules.
Neo | Current Deferred Revenue |
Evaluating Neo Performance's Current Deferred Revenue across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Neo Performance Materials's fundamental strength.
Latest Neo Performance's Current Deferred Revenue Growth Pattern
Below is the plot of the Current Deferred Revenue of Neo Performance Materials over the last few years. It is revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends. Neo Performance's Current Deferred Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Neo Performance's overall financial position and show how it may be relating to other accounts over time.
| Current Deferred Revenue | 10 Years Trend |
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Current Deferred Revenue |
| Timeline |
Neo Current Deferred Revenue Regression Statistics
| Arithmetic Mean | 6,911,598 | |
| Geometric Mean | 6,447,144 | |
| Coefficient Of Variation | 40.68 | |
| Mean Deviation | 2,454,421 | |
| Median | 4,823,000 | |
| Standard Deviation | 2,811,543 | |
| Sample Variance | 7.9T | |
| Range | 7.9M | |
| R-Value | 0.77 | |
| Mean Square Error | 3.5T | |
| R-Squared | 0.59 | |
| Significance | 0.0003 | |
| Slope | 427,784 | |
| Total Sum of Squares | 126.5T |
Neo Current Deferred Revenue History
About Neo Performance Financial Statements
Neo Performance investors utilize fundamental indicators, such as Current Deferred Revenue, to predict how Neo Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 11.5 M | 8.1 M |
Pair Trading with Neo Performance
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Neo Performance position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Neo Performance will appreciate offsetting losses from the drop in the long position's value.Moving together with Neo Stock
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Moving against Neo Stock
The ability to find closely correlated positions to Neo Performance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Neo Performance when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Neo Performance - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Neo Performance Materials to buy it.
The correlation of Neo Performance is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Neo Performance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Neo Performance Materials moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Neo Performance can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Neo Stock
Neo Performance financial ratios help investors to determine whether Neo Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Neo with respect to the benefits of owning Neo Performance security.