Neon Bloom Stock Market Value
| NBCO Stock | USD 0.03 0 15.18% |
| Symbol | Neon |
Neon Bloom '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 Neon Bloom's pink sheet 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 Neon Bloom.
| 12/22/2022 |
| 12/11/2024 |
If you would invest 0.00 in Neon Bloom on December 22, 2022 and sell it all today you would earn a total of 0.00 from holding Neon Bloom or generate 0.0% return on investment in Neon Bloom over 720 days. Neon Bloom is related to or competes with Inhibikase Therapeutics, Tempest Therapeutics, Genelux Common, and Scisparc. Neon Bloom, Inc. is a principal investment firm specializing in acquisitions More
Neon Bloom 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 Neon Bloom's pink sheet 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 Neon Bloom upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 20.7 | |||
| Information Ratio | 0.0344 | |||
| Maximum Drawdown | 126.21 | |||
| Value At Risk | (20.75) | |||
| Potential Upside | 34.92 |
Neon Bloom Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Neon Bloom's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Neon Bloom's standard deviation. In reality, there are many statistical measures that can use Neon Bloom historical prices to predict the future Neon Bloom's volatility.| Risk Adjusted Performance | 0.0391 | |||
| Jensen Alpha | 0.8356 | |||
| Total Risk Alpha | (2.28) | |||
| Sortino Ratio | 0.0321 | |||
| Treynor Ratio | (1.56) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Neon Bloom'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.
Neon Bloom Backtested Returns
Neon Bloom appears to be out of control, given 3 months investment horizon. Neon Bloom has Sharpe Ratio of 0.0457, which conveys that the firm had a 0.0457% return per unit of risk over the last 3 months. By analyzing Neon Bloom's technical indicators, you can evaluate if the expected return of 0.89% is justified by implied risk. Please exercise Neon Bloom's Risk Adjusted Performance of 0.0391, downside deviation of 20.7, and Mean Deviation of 9.54 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Neon Bloom holds a performance score of 3. The company secures a Beta (Market Risk) of -0.5, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Neon Bloom are expected to decrease at a much lower rate. During the bear market, Neon Bloom is likely to outperform the market. Please check Neon Bloom's treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to make a quick decision on whether Neon Bloom's current price movements will revert.
Auto-correlation | -0.32 |
Poor reverse predictability
Neon Bloom has poor reverse predictability. Overlapping area represents the amount of predictability between Neon Bloom time series from 22nd of December 2022 to 17th of December 2023 and 17th of December 2023 to 11th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Neon Bloom price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Neon Bloom price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Neon Bloom lagged returns against current returns
Autocorrelation, which is Neon Bloom pink sheet'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 Neon Bloom's pink sheet expected returns. We can calculate the autocorrelation of Neon Bloom returns to help us make a trade decision. For example, suppose you find that Neon Bloom has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Neon Bloom 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 Neon Bloom pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Neon Bloom pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Neon Bloom pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Neon Bloom Lagged Returns
When evaluating Neon Bloom's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Neon Bloom pink sheet have on its future price. Neon Bloom 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, Neon Bloom autocorrelation shows the relationship between Neon Bloom pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Neon Bloom.
Regressed Prices |
| Timeline |
Other Information on Investing in Neon Pink Sheet
Neon Bloom financial ratios help investors to determine whether Neon Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Neon with respect to the benefits of owning Neon Bloom security.