NeoGenomics Stock Forecast - Naive Prediction
| NEO Stock | USD 12.83 0.16 1.26% |
The Naive Prediction forecasted value of NeoGenomics on the next trading day is expected to be 13.69 with a mean absolute deviation of 0.31 and the sum of the absolute errors of 18.62. NeoGenomics Stock Forecast is based on your current time horizon. Although NeoGenomics' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of NeoGenomics' systematic risk associated with finding meaningful patterns of NeoGenomics fundamentals over time.
As of today the relative strength index (rsi) of NeoGenomics' share price is below 20 . This indicates that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Quarterly Earnings Growth 1.306 | EPS Estimate Next Quarter 0.0492 | EPS Estimate Current Year 0.0973 | EPS Estimate Next Year 0.1817 | Wall Street Target Price 14.5625 |
Using NeoGenomics hype-based prediction, you can estimate the value of NeoGenomics from the perspective of NeoGenomics response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards NeoGenomics using NeoGenomics' stock options and short interest. It helps to benchmark the overall future attitude of investors towards NeoGenomics using crowd psychology based on the activity and movement of NeoGenomics' stock price.
NeoGenomics Short Interest
An investor who is long NeoGenomics may also wish to track short interest. As short interest increases, investors should be becoming more worried about NeoGenomics and may potentially protect profits, hedge NeoGenomics with its derivative instruments, or be ready for some potential downside.
200 Day MA 8.7461 | Short Percent 0.0892 | Short Ratio 4.59 | Shares Short Prior Month 9.1 M | 50 Day MA 11.3756 |
NeoGenomics Hype to Price Pattern
Investor biases related to NeoGenomics' public news can be used to forecast risks associated with an investment in NeoGenomics. The trend in average sentiment can be used to explain how an investor holding NeoGenomics can time the market purely based on public headlines and social activities around NeoGenomics. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of NeoGenomics' market sentiment to its price can help taders to make decisions based on the overall investors consensus about NeoGenomics.
NeoGenomics Implied Volatility | 0.9 |
NeoGenomics' implied volatility exposes the market's sentiment of NeoGenomics stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if NeoGenomics' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that NeoGenomics stock will not fluctuate a lot when NeoGenomics' options are near their expiration.
The Naive Prediction forecasted value of NeoGenomics on the next trading day is expected to be 13.69 with a mean absolute deviation of 0.31 and the sum of the absolute errors of 18.62. NeoGenomics after-hype prediction price | USD 12.79 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
NeoGenomics | Build AI portfolio with NeoGenomics Stock |
Open Interest Against 2026-02-20 NeoGenomics Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast NeoGenomics' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in NeoGenomics' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for NeoGenomics stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current NeoGenomics' open interest, investors have to compare it to NeoGenomics' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of NeoGenomics is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in NeoGenomics. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
NeoGenomics Additional Predictive Modules
Most predictive techniques to examine NeoGenomics price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for NeoGenomics using various technical indicators. When you analyze NeoGenomics charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
NeoGenomics Cash Forecast
Forecasting financial indicators like cash flow involves analysts applying various statistical methods, techniques, and algorithms. These tools reveal hidden trends within the NeoGenomics' financial statements to estimate their effects on upcoming price movements.
Cash | First Reported 2000-03-31 | Previous Quarter 154.7 M | Current Value 164.1 M | Quarterly Volatility 132.6 M |
NeoGenomics Naive Prediction Price Forecast For the 11th of January 2026
Given 90 days horizon, the Naive Prediction forecasted value of NeoGenomics on the next trading day is expected to be 13.69 with a mean absolute deviation of 0.31, mean absolute percentage error of 0.12, and the sum of the absolute errors of 18.62.Please note that although there have been many attempts to predict NeoGenomics Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that NeoGenomics' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
NeoGenomics Stock Forecast Pattern
| Backtest NeoGenomics | NeoGenomics Price Prediction | Buy or Sell Advice |
NeoGenomics Forecasted Value
In the context of forecasting NeoGenomics' Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. NeoGenomics' downside and upside margins for the forecasting period are 10.96 and 16.42, respectively. We have considered NeoGenomics' daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of NeoGenomics stock data series using in forecasting. Note that when a statistical model is used to represent NeoGenomics stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 116.0083 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.3052 |
| MAPE | Mean absolute percentage error | 0.0271 |
| SAE | Sum of the absolute errors | 18.6161 |
Predictive Modules for NeoGenomics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NeoGenomics. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NeoGenomics' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Other Forecasting Options for NeoGenomics
For every potential investor in NeoGenomics, whether a beginner or expert, NeoGenomics' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. NeoGenomics Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in NeoGenomics. Basic forecasting techniques help filter out the noise by identifying NeoGenomics' price trends.NeoGenomics Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with NeoGenomics stock to make a market-neutral strategy. Peer analysis of NeoGenomics could also be used in its relative valuation, which is a method of valuing NeoGenomics by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
NeoGenomics Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of NeoGenomics' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of NeoGenomics' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
NeoGenomics Market Strength Events
Market strength indicators help investors to evaluate how NeoGenomics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NeoGenomics shares will generate the highest return on investment. By undertsting and applying NeoGenomics stock market strength indicators, traders can identify NeoGenomics entry and exit signals to maximize returns.
NeoGenomics Risk Indicators
The analysis of NeoGenomics' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in NeoGenomics' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting neogenomics stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.0 | |||
| Semi Deviation | 1.8 | |||
| Standard Deviation | 2.69 | |||
| Variance | 7.22 | |||
| Downside Variance | 5.58 | |||
| Semi Variance | 3.23 | |||
| Expected Short fall | (2.28) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with NeoGenomics
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 NeoGenomics 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 NeoGenomics will appreciate offsetting losses from the drop in the long position's value.Moving together with NeoGenomics Stock
Moving against NeoGenomics Stock
| 0.91 | 300015 | Aier Eye Hospital | PairCorr |
| 0.81 | SPI | Spire Healthcare | PairCorr |
| 0.79 | 600763 | Top Choice Medical | PairCorr |
| 0.77 | 301267 | Huaxia Eye Hospital | PairCorr |
| 0.64 | OPT | Optima Health plc | PairCorr |
The ability to find closely correlated positions to NeoGenomics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NeoGenomics 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 NeoGenomics - 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 NeoGenomics to buy it.
The correlation of NeoGenomics 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 NeoGenomics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NeoGenomics 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 NeoGenomics 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.Check out Historical Fundamental Analysis of NeoGenomics to cross-verify your projections. To learn how to invest in NeoGenomics Stock, please use our How to Invest in NeoGenomics guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NeoGenomics. If investors know NeoGenomics will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NeoGenomics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.306 | Earnings Share (0.89) | Revenue Per Share | Quarterly Revenue Growth 0.119 | Return On Assets |
The market value of NeoGenomics is measured differently than its book value, which is the value of NeoGenomics that is recorded on the company's balance sheet. Investors also form their own opinion of NeoGenomics' value that differs from its market value or its book value, called intrinsic value, which is NeoGenomics' 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 NeoGenomics' market value can be influenced by many factors that don't directly affect NeoGenomics' 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 NeoGenomics' value and its price as these two are different measures arrived at by different means. Investors typically determine if NeoGenomics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NeoGenomics' 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.