Neo Neon (Taiwan) Price on September 26, 2024
| 911868 Stock | TWD 1.50 0.01 0.66% |
If you're considering investing in Neo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Neo Neon stands at 1.50, as last reported on the 11th of December 2024, with the highest price reaching 1.52 and the lowest price hitting 1.48 during the day. At this point, Neo Neon is unstable. Neo Neon Holdings has Sharpe Ratio of 0.0206, which conveys that the firm had a 0.0206% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Neo Neon, which you can use to evaluate the volatility of the firm. Please verify Neo Neon's Mean Deviation of 1.03, downside deviation of 1.4, and Risk Adjusted Performance of 0.008 to check out if the risk estimate we provide is consistent with the expected return of 0.0376%.
Neo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Neo |
Sharpe Ratio = 0.0206
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 911868 |
Estimated Market Risk
| 1.83 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Neo Neon is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Neo Neon by adding it to a well-diversified portfolio.
Neo Neon Valuation on September 26, 2024
It is possible to determine the worth of Neo Neon on a given historical date. On September 26, 2024 Neo was worth 1.49 at the beginning of the trading date compared to the closed value of 1.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Neo Neon stock. Still, in general, we apply an absolute valuation method to find Neo Neon's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Neo Neon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Neo Neon's related companies.
| Open | High | Low | Close | Volume | |
| 1.48 | 1.50 | 1.47 | 1.49 | 290,575 | |
09/26/2024 | 1.49 | 1.49 | 1.48 | 1.49 | 162,000 |
| 1.48 | 1.50 | 1.47 | 1.49 | 191,040 |
| Backtest Neo Neon | | | Neo Neon History | | | Neo Neon Valuation | Previous | Next |
Neo Neon Trading Date Momentum on September 26, 2024
| On September 27 2024 Neo Neon Holdings Limited was traded for 1.49 at the closing time. The highest price during the trading period was 1.50 and the lowest recorded bid was listed for 1.47 . The volume for the day was 191 K. This history from September 27, 2024 did not cause price change. The trading delta at closing time to the current price is 1.34% . |
Neo Neon Holdings Fundamentals Correlations and Trends
By evaluating Neo Neon's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Neo Neon's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Neo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Neo Neon Stock history
Neo Neon investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Neo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Neo Neon Holdings will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Neo Neon stock prices may prove useful in developing a viable investing in Neo Neon
Neo-Neon Holdings Limited, an investment holding company, engages in the research and development, manufacture, and sale of lighting products in North America, Europe, the Peoples Republic of China, rest of Asia, and internationally. Neo-Neon Holdings Limited is a subsidiary of THTF Energy Saving Holdings Limited. NEO NEON operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 1100 people.
Neo Neon Stock Technical Analysis
Neo Neon technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Neo Neon Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Neo Neon Holdings Limited cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Neo Neon December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Neo Neon 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 Neon shares will generate the highest return on investment. By undertsting and applying Neo Neon stock market strength indicators, traders can identify Neo Neon Holdings Limited entry and exit signals to maximize returns
Neo Neon Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Neo Neon's price direction in advance. Along with the technical and fundamental analysis of Neo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Neo to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.008 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | (0.02) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Neo Stock analysis
When running Neo Neon's price analysis, check to measure Neo Neon's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Neo Neon is operating at the current time. Most of Neo Neon's value examination focuses on studying past and present price action to predict the probability of Neo Neon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neo Neon's price. Additionally, you may evaluate how the addition of Neo Neon to your portfolios can decrease your overall portfolio volatility.
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device |