Neo Performance Stock Forecast - Price Action Indicator
| NEO Stock | CAD 15.78 0.11 0.70% |
Neo Stock Forecast is based on your current time horizon. Although Neo Performance's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Neo Performance's systematic risk associated with finding meaningful patterns of Neo Performance fundamentals over time.
Neo |
| Check Neo Performance Volatility | Backtest Neo Performance | Information Ratio |
Neo Performance Trading Date Momentum
| On December 26 2025 Neo Performance Materials was traded for 15.78 at the closing time. The maximum traded price for the trading interval was 15.89 and the lowest daily price was 15.55 . There was no trading activity during the period 0.0. Lack of trading volume on 26th of December 2025 did not cause price change. The trading delta at closing time to the closing price today is 1.46% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Neo Performance
For every potential investor in Neo, whether a beginner or expert, Neo Performance's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Neo Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Neo. Basic forecasting techniques help filter out the noise by identifying Neo Performance's price trends.Neo Performance 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 Neo Performance stock to make a market-neutral strategy. Peer analysis of Neo Performance could also be used in its relative valuation, which is a method of valuing Neo Performance by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Neo Performance Materials 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 Neo Performance's 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 Neo Performance's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Neo Performance Market Strength Events
Market strength indicators help investors to evaluate how Neo Performance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Neo Performance shares will generate the highest return on investment. By undertsting and applying Neo Performance stock market strength indicators, traders can identify Neo Performance Materials entry and exit signals to maximize returns.
Neo Performance Risk Indicators
The analysis of Neo Performance's 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 Neo Performance's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting neo 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 | 3.41 | |||
| Standard Deviation | 4.74 | |||
| Variance | 22.45 |
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 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 against Neo Stock
| 0.86 | GOOG | Alphabet CDR | PairCorr |
| 0.86 | GOOG | Alphabet CDR | PairCorr |
| 0.81 | AAPL | Apple CDR | PairCorr |
| 0.81 | AAPL | Apple Inc CDR | PairCorr |
| 0.69 | FDY | Faraday Copper Corp | PairCorr |
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.