NEOS ETF Financials
| NUSI Etf | USD 26.81 0.11 0.41% |
Net Expense Ratio 0.0068 | 3 y Sharp Ratio 0.37 |
NEOS |
The data published in NEOS ETF's official financial statements typically reflect NEOS ETF's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving NEOS ETF's quantitative information. For example, before you start analyzing numbers published by NEOS accountants, it's essential to understand NEOS ETF's liquidity, profitability, and earnings quality within the context of the Nationwide space in which it operates.
NEOS ETF Etf Summary
NEOS ETF competes with Global X, Global X, Global X, Amplify CWP, and JPMorgan Equity. The fund is an actively-managed exchange-traded fund that seeks to achieve its investment objective principally by investing in a portfolio of the stocks included in the Nasdaq-100 Index and an options collar call options and long put options on the Nasdaq-100. Nationwide Risk is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NASDAQ Exchange |
| ISIN | US26922A1723 |
| CUSIP | 26922A172 78433H667 |
| Region | North America |
| Investment Issuer | NEOS Investment Management |
| Etf Family | Nationwide |
| Fund Category | Size and Style |
| Portfolio Concentration | Large Cap |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
NEOS ETF Key Financial Ratios
NEOS Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining NEOS ETF's current stock value. Our valuation model uses many indicators to compare NEOS ETF value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NEOS ETF competition to find correlations between indicators driving NEOS ETF's intrinsic value. More Info.NEOS ETF Trust is rated number one ETF in beta as compared to similar ETFs. It also is rated number one ETF in one year return as compared to similar ETFs reporting about 36.29 of One Year Return per Beta. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the NEOS ETF's earnings, one of the primary drivers of an investment's value.NEOS ETF Trust Systematic Risk
NEOS ETF's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. NEOS ETF volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on NEOS ETF Trust correlated with the market. If Beta is less than 0 NEOS ETF generally moves in the opposite direction as compared to the market. If NEOS ETF Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one NEOS ETF Trust is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of NEOS ETF is generally in the same direction as the market. If Beta > 1 NEOS ETF moves generally in the same direction as, but more than the movement of the benchmark.
About NEOS ETF Financials
What exactly are NEOS ETF Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include NEOS ETF's income statement, its balance sheet, and the statement of cash flows. Potential NEOS ETF investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although NEOS ETF investors may use each financial statement separately, they are all related. The changes in NEOS ETF's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on NEOS ETF's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.NEOS ETF Thematic Clasifications
NEOS ETF Trust is part of several thematic ideas from Large Cap ETFs to Size And Style ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasNEOS ETF February 16, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of NEOS ETF help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of NEOS ETF Trust. We use our internally-developed statistical techniques to arrive at the intrinsic value of NEOS ETF Trust based on widely used predictive technical indicators. In general, we focus on analyzing NEOS Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NEOS ETF's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.7355 | |||
| Information Ratio | 0.0883 | |||
| Maximum Drawdown | 3.12 | |||
| Value At Risk | (0.98) | |||
| Potential Upside | 0.9249 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NEOS ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
The market value of NEOS ETF Trust is measured differently than its book value, which is the value of NEOS that is recorded on the company's balance sheet. Investors also form their own opinion of NEOS ETF's value that differs from its market value or its book value, called intrinsic value, which is NEOS ETF's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NEOS ETF's market value can be influenced by many factors that don't directly affect NEOS ETF's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NEOS ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if NEOS ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NEOS ETF's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.