Neogames Stock Forecast - Rate Of Daily Change
NGMSDelisted Stock | USD 27.09 0.15 0.55% |
Neogames Stock Forecast is based on your current time horizon.
Neogames |
Previous Rate Of Daily Change | Rate Of Daily Change | Trend |
0.99 | 0.99 |
Check Neogames Volatility | Backtest Neogames | Information Ratio |
Neogames Trading Date Momentum
On November 25 2024 Neogames SA was traded for 27.09 at the closing time. The top price for the day was 27.27 and the lowest listed price was 27.00 . There was no trading activity during the period 0.0. Lack of trading volume on November 25, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.55% . |
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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Neogames 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 Neogames stock to make a market-neutral strategy. Peer analysis of Neogames could also be used in its relative valuation, which is a method of valuing Neogames by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Neogames Market Strength Events
Market strength indicators help investors to evaluate how Neogames stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Neogames shares will generate the highest return on investment. By undertsting and applying Neogames stock market strength indicators, traders can identify Neogames SA entry and exit signals to maximize returns.
Neogames Risk Indicators
The analysis of Neogames' 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 Neogames' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting neogames 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 | 3.64 | |||
Semi Deviation | 1.18 | |||
Standard Deviation | 13.9 | |||
Variance | 193.33 | |||
Downside Variance | 5.63 | |||
Semi Variance | 1.39 | |||
Expected Short fall | (4.41) |
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.
Thematic Opportunities
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Other Consideration for investing in Neogames Stock
If you are still planning to invest in Neogames SA check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Neogames' history and understand the potential risks before investing.
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