Neos Gold High Etf Market Value
| IAUI Etf | 58.65 0.23 0.39% |
| Symbol | NEOS |
The market value of NEOS Gold High 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 Gold's value that differs from its market value or its book value, called intrinsic value, which is NEOS Gold'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 Gold's market value can be influenced by many factors that don't directly affect NEOS Gold'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 Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if NEOS Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NEOS Gold'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.
NEOS Gold 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to NEOS Gold's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of NEOS Gold.
| 10/20/2025 |
| 01/18/2026 |
If you would invest 0.00 in NEOS Gold on October 20, 2025 and sell it all today you would earn a total of 0.00 from holding NEOS Gold High or generate 0.0% return on investment in NEOS Gold over 90 days. NEOS Gold is related to or competes with MicroSectors Gold, Franklin Responsibly, ProShares Ultra, GraniteShares Gold, Invesco DB, DB Gold, and DB Gold. More
NEOS Gold Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure NEOS Gold's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess NEOS Gold High upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.11 | |||
| Information Ratio | 0.0657 | |||
| Maximum Drawdown | 4.92 | |||
| Value At Risk | (1.37) | |||
| Potential Upside | 1.64 |
NEOS Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NEOS Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NEOS Gold's standard deviation. In reality, there are many statistical measures that can use NEOS Gold historical prices to predict the future NEOS Gold's volatility.| Risk Adjusted Performance | 0.1238 | |||
| Jensen Alpha | 0.1176 | |||
| Total Risk Alpha | 0.031 | |||
| Sortino Ratio | 0.0543 | |||
| Treynor Ratio | 0.4114 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NEOS Gold's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
NEOS Gold High Backtested Returns
NEOS Gold is very steady at the moment. NEOS Gold High has Sharpe Ratio of 0.14, which conveys that the entity had a 0.14 % return per unit of volatility over the last 3 months. We have found thirty technical indicators for NEOS Gold, which you can use to evaluate the volatility of the etf. Please verify NEOS Gold's risk adjusted performance of 0.1238, and Mean Deviation of 0.6315 to check out if the risk estimate we provide is consistent with the expected return of 0.13%. The etf secures a Beta (Market Risk) of 0.37, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, NEOS Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding NEOS Gold is expected to be smaller as well.
Auto-correlation | 0.54 |
Modest predictability
NEOS Gold High has modest predictability. Overlapping area represents the amount of predictability between NEOS Gold time series from 20th of October 2025 to 4th of December 2025 and 4th of December 2025 to 18th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of NEOS Gold High price movement. The serial correlation of 0.54 indicates that about 54.0% of current NEOS Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 1.88 |
NEOS Gold High lagged returns against current returns
Autocorrelation, which is NEOS Gold etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting NEOS Gold's etf expected returns. We can calculate the autocorrelation of NEOS Gold returns to help us make a trade decision. For example, suppose you find that NEOS Gold has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
NEOS Gold regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If NEOS Gold etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NEOS Gold etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NEOS Gold etf over time.
Current vs Lagged Prices |
| Timeline |
NEOS Gold Lagged Returns
When evaluating NEOS Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NEOS Gold etf have on its future price. NEOS Gold autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, NEOS Gold autocorrelation shows the relationship between NEOS Gold etf current value and its past values and can show if there is a momentum factor associated with investing in NEOS Gold High.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether NEOS Gold High offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NEOS Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Neos Gold High Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Neos Gold High Etf:Check out NEOS Gold Correlation, NEOS Gold Volatility and NEOS Gold Alpha and Beta module to complement your research on NEOS Gold. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
NEOS Gold 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.