Neo Performance Materials Stock Performance
| NOPMF Stock | USD 5.46 0.20 3.53% |
The company secures a Beta (Market Risk) of -0.0478, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Neo Performance are expected to decrease at a much lower rate. During the bear market, Neo Performance is likely to outperform the market. At this point, Neo Performance Materials has a negative expected return of -0.12%. Please make sure to verify Neo Performance's potential upside, as well as the relationship between the daily balance of power and market facilitation index , to decide if Neo Performance Materials performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days Neo Performance Materials has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest weak performance, the Stock's primary indicators remain stable and the current disturbance on Wall Street may also be a sign of long-run gains for the company stockholders. ...more
| Begin Period Cash Flow | 72.2 M | |
| Total Cashflows From Investing Activities | -7 M |
Neo |
Neo Performance Relative Risk vs. Return Landscape
If you would invest 595.00 in Neo Performance Materials on August 26, 2024 and sell it today you would lose (49.00) from holding Neo Performance Materials or give up 8.24% of portfolio value over 90 days. Neo Performance Materials is currently producing negative expected returns and takes up 1.7792% volatility of returns over 90 trading days. Put another way, 15% of traded pink sheets are less volatile than Neo, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Neo Performance Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Neo Performance's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Neo Performance Materials, and traders can use it to determine the average amount a Neo Performance'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 = -0.0656
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Estimated Market Risk
| 1.78 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Neo Performance is not performing at its full potential. However, 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 Performance by adding Neo Performance to a well-diversified portfolio.
Neo Performance Fundamentals Growth
Neo Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Neo Performance, and Neo Performance 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 Pink Sheet performance.
| Return On Equity | 0.0943 | |||
| Return On Asset | 0.0709 | |||
| Profit Margin | 0.06 % | |||
| Operating Margin | 0.10 % | |||
| Current Valuation | 234.24 M | |||
| Shares Outstanding | 45.2 M | |||
| Price To Earning | 5.63 X | |||
| Price To Book | 0.71 X | |||
| Price To Sales | 0.51 X | |||
| Revenue | 539.25 M | |||
| EBITDA | 57.87 M | |||
| Cash And Equivalents | 66.16 M | |||
| Cash Per Share | 1.63 X | |||
| Total Debt | 18.94 M | |||
| Debt To Equity | 0.04 % | |||
| Book Value Per Share | 10.61 X | |||
| Cash Flow From Operations | (2.16 M) | |||
| Earnings Per Share | 0.96 X | |||
| Total Asset | 594.08 M | |||
About Neo Performance Performance
By analyzing Neo Performance's fundamental ratios, stakeholders can gain valuable insights into Neo Performance's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Neo Performance 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 Performance has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Neo Performance Materials Inc. manufactures and sells rare earth, magnetic powders, magnets, and rare metal-based functional materials in Canada and internationally. The company was founded in 1994 and is headquartered in Toronto, Canada. NEO Performance operates under Specialty Chemicals classification in the United States and is traded on OTC Exchange. It employs 1845 people.Things to note about Neo Performance Materials performance evaluation
Checking the ongoing alerts about Neo Performance for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Neo Performance Materials help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Neo Performance generated a negative expected return over the last 90 days | |
| Neo Performance Materials has accumulated about 66.16 M in cash with (2.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.63. | |
| Roughly 20.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Neo Performance'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 Performance's stock is overvalued or undervalued compared to its peers.
- Examining Neo Performance'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 Performance's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Neo Performance's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Neo Performance's pink sheet. These opinions can provide insight into Neo Performance's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Neo Pink Sheet analysis
When running Neo Performance's price analysis, check to measure Neo Performance'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 Performance is operating at the current time. Most of Neo Performance's value examination focuses on studying past and present price action to predict the probability of Neo Performance'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 Performance's price. Additionally, you may evaluate how the addition of Neo Performance to your portfolios can decrease your overall portfolio volatility.
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