Neonode Stock Price Prediction
| NEON Stock | USD 7.00 0.47 7.20% |
Oversold Vs Overbought
39
Oversold | Overbought |
EPS Estimate Next Quarter (0.12) | EPS Estimate Current Year (0.48) | EPS Estimate Next Year (0.45) | Wall Street Target Price 26.75 | Quarterly Revenue Growth (0) |
Using Neonode hype-based prediction, you can estimate the value of Neonode from the perspective of Neonode response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Neonode to buy its stock at a price that has no basis in reality. In that case, they are not buying Neonode because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Neonode after-hype prediction price | USD 7.0 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Neonode |
Neonode After-Hype Price Prediction Density Analysis
As far as predicting the price of Neonode at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Neonode or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Neonode, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Neonode Estimiated After-Hype Price Volatility
In the context of predicting Neonode's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Neonode's historical news coverage. Neonode's after-hype downside and upside margins for the prediction period are 0.35 and 15.61, respectively. We have considered Neonode's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Neonode is risky at this time. Analysis and calculation of next after-hype price of Neonode is based on 3 months time horizon.
Neonode Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Neonode is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Neonode backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Neonode, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.60 | 8.61 | 0.00 | 0.09 | 9 Events / Month | 11 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
7.00 | 7.00 | 0.00 |
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Neonode Hype Timeline
Neonode is now traded for 7.00. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.09. Neonode is estimated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is estimated to be very small, whereas the daily expected return is now at 0.6%. %. The volatility of related hype on Neonode is about 6027.0%, with the expected price after the next announcement by competition of 6.91. About 32.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.72. Neonode last dividend was issued on the 1st of October 2018. The entity had 1:10 split on the 1st of October 2018. Given the investment horizon of 90 days the next estimated press release will be in about 9 days. Check out Neonode Basic Forecasting Models to cross-verify your projections.Neonode Related Hype Analysis
Having access to credible news sources related to Neonode's direct competition is more important than ever and may enhance your ability to predict Neonode's future price movements. Getting to know how Neonode's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Neonode may potentially react to the hype associated with one of its peers.
Neonode Additional Predictive Modules
Most predictive techniques to examine Neonode price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Neonode using various technical indicators. When you analyze Neonode charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Neonode Predictive Indicators
The successful prediction of Neonode stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Neonode, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Neonode based on analysis of Neonode hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Neonode's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Neonode's related companies. | 2023 | 2024 (projected) | Dividend Yield | 4.4E-4 | 3.91E-4 | Price To Sales Ratio | 7.89 | 6.73 |
Story Coverage note for Neonode
The number of cover stories for Neonode depends on current market conditions and Neonode's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Neonode is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Neonode's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Neonode Short Properties
Neonode's future price predictability will typically decrease when Neonode's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Neonode often depends not only on the future outlook of the potential Neonode's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Neonode's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 15.3 M | |
| Cash And Short Term Investments | 16.2 M |
Check out Neonode Basic Forecasting Models to cross-verify your projections. To learn how to invest in Neonode Stock, please use our How to Invest in Neonode guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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.