Neos Etf Trust Etf Price on November 7, 2024
| NUSI Etf | USD 26.01 0.12 0.46% |
Below is the normalized historical share price chart for NEOS ETF Trust extending back to December 20, 2019. 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 NEOS ETF stands at 26.01, as last reported on the 29th of November, with the highest price reaching 26.01 and the lowest price hitting 25.78 during the day.
If you're considering investing in NEOS Etf, it is important to understand the factors that can impact its price. NEOS ETF is very steady at the moment. NEOS ETF Trust has Sharpe Ratio of 0.16, which conveys that the entity had a 0.16% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for NEOS ETF, which you can use to evaluate the volatility of the etf. Please verify NEOS ETF's mean deviation of 0.5085, and Risk Adjusted Performance of 0.096 to check out if the risk estimate we provide is consistent with the expected return of 0.11%.
NEOS Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 15.59 | 200 Day MA 24.4804 | 1 y Volatility 12.47 | 50 Day MA 25.7127 | Inception Date 2019-12-19 |
NEOS |
Sharpe Ratio = 0.158
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Estimated Market Risk
| 0.72 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average NEOS ETF is performing at about 12% 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 NEOS ETF by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 463.8 K |
NEOS ETF Valuation on November 7, 2024
It is possible to determine the worth of NEOS ETF on a given historical date. On November 7, 2024 NEOS was worth 25.91 at the beginning of the trading date compared to the closed value of 26.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NEOS ETF etf. Still, in general, we apply an absolute valuation method to find NEOS ETF'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 NEOS ETF where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NEOS ETF's related companies.
| Open | High | Low | Close | Volume | |
| 25.55 | 25.91 | 25.51 | 25.91 | 90,185 | |
11/07/2024 | 25.91 | 26.06 | 25.91 | 26.04 | 46,000 |
| 25.96 | 26.15 | 25.94 | 26.06 | 67,761 |
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NEOS ETF Trading Date Momentum on November 7, 2024
| On November 08 2024 NEOS ETF Trust was traded for 26.06 at the closing time. The top price for the day was 26.15 and the lowest listed price was 25.94 . The trading volume for the day was 67.8 K. The trading history from November 8, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 0.08% . The trading delta at closing time against the current closing price is 1.80% . |
NEOS ETF Trust Fundamentals Correlations and Trends
By evaluating NEOS ETF'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 NEOS ETF's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NEOS financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NEOS ETF Etf history
NEOS ETF 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 NEOS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NEOS ETF Trust 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 NEOS ETF stock prices may prove useful in developing a viable investing in NEOS ETF
The fund is an actively-managed exchange-traded fund that seeks to achieve its investment objective principally by investing in a portfolio of the stocks included in the Nasdaq-100 Index and an options collar call options and long put options on the Nasdaq-100. Nationwide Risk is traded on NYSEARCA Exchange in the United States.
NEOS ETF Etf Technical Analysis
NEOS ETF technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
NEOS ETF Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
NEOS ETF Trust cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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.
NEOS ETF November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how NEOS ETF etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NEOS ETF shares will generate the highest return on investment. By undertsting and applying NEOS ETF etf market strength indicators, traders can identify NEOS ETF Trust entry and exit signals to maximize returns
NEOS ETF Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NEOS ETF's price direction in advance. Along with the technical and fundamental analysis of NEOS Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of NEOS 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 | 0.096 | |||
| Jensen Alpha | 0.0072 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.1263 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NEOS ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
The market value of NEOS ETF Trust is measured differently than its book value, which is the value of NEOS that is recorded on the company's balance sheet. Investors also form their own opinion of NEOS ETF's value that differs from its market value or its book value, called intrinsic value, which is NEOS ETF'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 NEOS ETF's market value can be influenced by many factors that don't directly affect NEOS ETF'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 NEOS ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if NEOS ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NEOS ETF'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.