Neos Nasdaq 100 Etf Price on December 10, 2024
| QQQI Etf | 53.67 0.17 0.32% |
If you're considering investing in NEOS Etf, it is important to understand the factors that can impact its price. As of today, the current price of NEOS Nasdaq stands at 53.67, as last reported on the 13th of December 2024, with the highest price reaching 53.81 and the lowest price hitting 53.62 during the day. NEOS Nasdaq is very steady at the moment. NEOS Nasdaq 100 has Sharpe Ratio of 0.23, which conveys that the entity had a 0.23% return per unit of volatility over the last 3 months. We have found thirty technical indicators for NEOS Nasdaq, which you can use to evaluate the volatility of the etf. Please verify NEOS Nasdaq's mean deviation of 0.4587, and Risk Adjusted Performance of 0.1765 to check out if the risk estimate we provide is consistent with the expected return of 0.15%.
NEOS Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
NEOS |
Sharpe Ratio = 0.2305
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Estimated Market Risk
| 0.66 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average NEOS Nasdaq is performing at about 18% 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 Nasdaq by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 515.5 K |
NEOS Nasdaq Valuation on December 10, 2024
It is possible to determine the worth of NEOS Nasdaq on a given historical date. On December 10, 2024 NEOS was worth 53.53 at the beginning of the trading date compared to the closed value of 53.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NEOS Nasdaq etf. Still, in general, we apply an absolute valuation method to find NEOS Nasdaq'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 Nasdaq where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NEOS Nasdaq's related companies.
| Open | High | Low | Close | Volume | |
| 53.58 | 53.60 | 53.29 | 53.35 | 195,512 | |
12/10/2024 | 53.53 | 53.56 | 53.19 | 53.27 | 203,700 |
| 53.57 | 53.87 | 53.56 | 53.84 | 258,394 |
| Backtest NEOS Nasdaq | | | NEOS Nasdaq History | | | NEOS Nasdaq Valuation | Previous | Next |
NEOS Nasdaq Trading Date Momentum on December 10, 2024
| On December 11 2024 NEOS Nasdaq 100 was traded for 53.84 at the closing time. The top price for the day was 53.87 and the lowest listed price was 53.56 . The trading volume for the day was 258.4 K. The trading history from December 11, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 1.07% . The trading delta at closing time against the current closing price is 0.94% . |
About NEOS Nasdaq Etf history
NEOS Nasdaq 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 Nasdaq 100 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 Nasdaq stock prices may prove useful in developing a viable investing in NEOS Nasdaq
NEOS Nasdaq Etf Technical Analysis
NEOS Nasdaq 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 Nasdaq Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
NEOS Nasdaq 100 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.
NEOS Nasdaq December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how NEOS Nasdaq 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 Nasdaq shares will generate the highest return on investment. By undertsting and applying NEOS Nasdaq etf market strength indicators, traders can identify NEOS Nasdaq 100 entry and exit signals to maximize returns
NEOS Nasdaq Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NEOS Nasdaq'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 | 0.1765 | |||
| Jensen Alpha | 0.092 | |||
| Total Risk Alpha | 0.0582 | |||
| Sortino Ratio | 0.0682 | |||
| Treynor Ratio | 0.2639 |
| Cycle Indicators | ||
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| Math Transform | ||
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| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in NEOS Nasdaq 100. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in producer price index. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
The market value of NEOS Nasdaq 100 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 Nasdaq's value that differs from its market value or its book value, called intrinsic value, which is NEOS Nasdaq'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 Nasdaq's market value can be influenced by many factors that don't directly affect NEOS Nasdaq'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 Nasdaq's value and its price as these two are different measures arrived at by different means. Investors typically determine if NEOS Nasdaq is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NEOS Nasdaq'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.