Neonode Stock Price on November 26, 2024
| NEON Stock | USD 8.34 0.18 2.21% |
Below is the normalized historical share price chart for Neonode extending back to November 07, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Neonode stands at 8.34, as last reported on the 26th of November, with the highest price reaching 8.91 and the lowest price hitting 8.05 during the day.
If you're considering investing in Neonode Stock, it is important to understand the factors that can impact its price. Neonode appears to be moderately volatile, given 3 months investment horizon. Neonode has Sharpe Ratio of 0.0723, which conveys that the firm had a 0.0723% return per unit of risk over the last 3 months. By analyzing Neonode's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please exercise Neonode's Downside Deviation of 7.11, risk adjusted performance of 0.1078, and Mean Deviation of 6.43 to check out if our risk estimates are consistent with your expectations.
At this time, Neonode's Total Stockholder Equity is very stable compared to the past year. As of the 26th of November 2024, Common Stock Shares Outstanding is likely to grow to about 16.1 M, while Liabilities And Stockholders Equity is likely to drop about 11.8 M. . As of the 26th of November 2024, Price To Sales Ratio is likely to drop to 6.73. In addition to that, Price Earnings Ratio is likely to grow to -3.29. Neonode Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of August 2007 | 200 Day MA 3.8191 | 50 Day MA 8.3364 | Beta 1.943 |
Neonode |
Sharpe Ratio = 0.0723
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Estimated Market Risk
| 8.39 actual daily | 74 74% of assets are less volatile |
Expected Return
| 0.61 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Neonode is performing at about 5% 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 Neonode by adding it to a well-diversified portfolio.
Price Book 7.6083 | Enterprise Value Ebitda (0.62) | Price Sales 36.0866 | Shares Float 12.7 M | Wall Street Target Price 26.75 |
Neonode Valuation on November 26, 2024
It is possible to determine the worth of Neonode on a given historical date. On November 26, 2024 Neonode was worth 8.34 at the beginning of the trading date compared to the closed value of 8.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Neonode stock. Still, in general, we apply an absolute valuation method to find Neonode'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 Neonode where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Neonode's related companies.
| Open | High | Low | Close | Volume | |
| 7.02 | 8.33 | 7.02 | 8.16 | 394,546 | |
11/25/2024 | 8.34 | 8.91 | 8.05 | 8.34 | 209,963 |
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Neonode Trading Date Momentum on November 26, 2024
| On November 25 2024 Neonode was traded for 8.34 at the closing time. The top price for the day was 8.91 and the lowest listed price was 8.05 . The trading volume for the day was 210 K. The trading history from November 25, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.00% . |
Neonode Fundamentals Correlations and Trends
By evaluating Neonode'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 Neonode's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Neonode financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Neonode Stock history
Neonode 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 Neonode is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Neonode 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 Neonode stock prices may prove useful in developing a viable investing in Neonode
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 15.3 M | 16.1 M | |
| Net Loss | -5.6 M | -5.9 M |
Neonode Stock Technical Analysis
Neonode 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
Neonode Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Neonode cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Neonode November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Neonode stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Neonode shares will generate the highest return on investment. By undertsting and applying Neonode stock market strength indicators, traders can identify Neonode entry and exit signals to maximize returns
Neonode Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Neonode's price direction in advance. Along with the technical and fundamental analysis of Neonode Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Neonode 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 | 0.1078 | |||
| Jensen Alpha | 1.04 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | 0.1453 | |||
| Treynor Ratio | 1.18 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neonode. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Neonode Stock, please use our How to Invest in Neonode guide.You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Electronic Equipment, Instruments & Components 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 Neonode. If investors know Neonode 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 Neonode listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.72) | Revenue Per Share 0.245 | Quarterly Revenue Growth (0) | Return On Assets (0.33) | Return On Equity (0.54) |
The market value of Neonode is measured differently than its book value, which is the value of Neonode that is recorded on the company's balance sheet. Investors also form their own opinion of Neonode's value that differs from its market value or its book value, called intrinsic value, which is Neonode'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 Neonode's market value can be influenced by many factors that don't directly affect Neonode'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 Neonode's value and its price as these two are different measures arrived at by different means. Investors typically determine if Neonode is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Neonode'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.