Neo Neon (Taiwan) Performance
| 911868 Stock | TWD 1.50 0.01 0.66% |
Neo Neon has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.29, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Neo Neon's returns are expected to increase less than the market. However, during the bear market, the loss of holding Neo Neon is expected to be smaller as well. Neo Neon Holdings right now secures a risk of 1.83%. Please verify Neo Neon Holdings Limited jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to decide if Neo Neon Holdings Limited will be following its current price movements.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Neo Neon Holdings Limited are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, Neo Neon is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 408.5 M | |
| Total Cashflows From Investing Activities | 683.6 M | |
| Free Cash Flow | -80.1 M |
Neo |
Neo Neon Relative Risk vs. Return Landscape
If you would invest 148.00 in Neo Neon Holdings Limited on September 13, 2024 and sell it today you would earn a total of 2.00 from holding Neo Neon Holdings Limited or generate 1.35% return on investment over 90 days. Neo Neon Holdings Limited is generating 0.0376% of daily returns and assumes 1.8252% volatility on return distribution over the 90 days horizon. Simply put, 16% of stocks are less volatile than Neo, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Neo Neon Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Neo Neon's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Neo Neon Holdings Limited, and traders can use it to determine the average amount a Neo Neon's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0206
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| 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 Fundamentals Growth
Neo Stock prices reflect investors' perceptions of the future prospects and financial health of Neo Neon, and Neo Neon fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Neo Stock performance.
| Return On Equity | 0.0021 | |||
| Return On Asset | -0.0026 | |||
| Profit Margin | (0.1) % | |||
| Operating Margin | (0.01) % | |||
| Current Valuation | 1.04 B | |||
| Shares Outstanding | 2.09 B | |||
| Price To Earning | 713.33 X | |||
| Price To Book | 0.38 X | |||
| Price To Sales | 4.17 X | |||
| Revenue | 863.86 M | |||
| EBITDA | 4.72 M | |||
| Cash And Equivalents | 105.35 M | |||
| Cash Per Share | 0.03 X | |||
| Debt To Equity | 33.80 % | |||
| Book Value Per Share | 0.34 X | |||
| Cash Flow From Operations | (66.19 M) | |||
| Earnings Per Share | (0.29) X | |||
| Total Asset | 1.65 B | |||
| Retained Earnings | (1.11 B) | |||
| Current Asset | 1.06 B | |||
| Current Liabilities | 285 M | |||
About Neo Neon Performance
By analyzing Neo Neon's fundamental ratios, stakeholders can gain valuable insights into Neo Neon's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Neo Neon has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Neo Neon has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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.Things to note about Neo Neon Holdings performance evaluation
Checking the ongoing alerts about Neo Neon for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Neo Neon Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Neo Neon Holdings may become a speculative penny stock | |
| The company reported the revenue of 863.86 M. Net Loss for the year was (272.18 M) with profit before overhead, payroll, taxes, and interest of 237.56 M. | |
| Neo Neon Holdings Limited has accumulated about 105.35 M in cash with (66.19 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. |
- Analyzing Neo Neon's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Neo Neon's stock is overvalued or undervalued compared to its peers.
- Examining Neo Neon's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Neo Neon's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Neo Neon's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Neo Neon's stock. These opinions can provide insight into Neo Neon's potential for growth and whether the stock is currently undervalued or overvalued.
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.
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