Neos Ethereum High Etf Market Value
| NEHI Etf | 51.12 1.97 4.01% |
| Symbol | NEOS |
The market value of NEOS Ethereum 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 Ethereum's value that differs from its market value or its book value, called intrinsic value, which is NEOS Ethereum'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 Ethereum's market value can be influenced by many factors that don't directly affect NEOS Ethereum'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 Ethereum's value and its price as these two are different measures arrived at by different means. Investors typically determine if NEOS Ethereum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NEOS Ethereum'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 Ethereum '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 Ethereum'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 Ethereum.
| 07/11/2024 |
| 01/02/2026 |
If you would invest 0.00 in NEOS Ethereum on July 11, 2024 and sell it all today you would earn a total of 0.00 from holding NEOS Ethereum High or generate 0.0% return on investment in NEOS Ethereum over 540 days. NEOS Ethereum is related to or competes with Vanguard Total, SPDR SP, IShares Core, Vanguard Total, Vanguard Value, Vanguard Growth, and Vanguard Mid. NEOS Ethereum is entity of United States More
NEOS Ethereum 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 Ethereum'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 Ethereum High upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 8.94 | |||
| Value At Risk | (4.08) | |||
| Potential Upside | 4.71 |
NEOS Ethereum Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NEOS Ethereum's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NEOS Ethereum's standard deviation. In reality, there are many statistical measures that can use NEOS Ethereum historical prices to predict the future NEOS Ethereum's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | 1.61 |
NEOS Ethereum High Backtested Returns
NEOS Ethereum High has Sharpe Ratio of -0.0395, which conveys that the entity had a -0.0395 % return per unit of volatility over the last 3 months. NEOS Ethereum exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NEOS Ethereum's mean deviation of 2.0, and Risk Adjusted Performance of (0.02) to check out the risk estimate we provide. The etf secures a Beta (Market Risk) of -0.0775, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning NEOS Ethereum are expected to decrease at a much lower rate. During the bear market, NEOS Ethereum is likely to outperform the market.
Auto-correlation | 0.00 |
No correlation between past and present
NEOS Ethereum High has no correlation between past and present. Overlapping area represents the amount of predictability between NEOS Ethereum time series from 11th of July 2024 to 7th of April 2025 and 7th of April 2025 to 2nd 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 Ethereum High price movement. The serial correlation of 0.0 indicates that just 0.0% of current NEOS Ethereum price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
NEOS Ethereum High lagged returns against current returns
Autocorrelation, which is NEOS Ethereum 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 Ethereum's etf expected returns. We can calculate the autocorrelation of NEOS Ethereum returns to help us make a trade decision. For example, suppose you find that NEOS Ethereum 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 Ethereum 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 Ethereum etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NEOS Ethereum etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NEOS Ethereum etf over time.
Current vs Lagged Prices |
| Timeline |
NEOS Ethereum Lagged Returns
When evaluating NEOS Ethereum's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NEOS Ethereum etf have on its future price. NEOS Ethereum 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 Ethereum autocorrelation shows the relationship between NEOS Ethereum etf current value and its past values and can show if there is a momentum factor associated with investing in NEOS Ethereum High.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether NEOS Ethereum 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 Ethereum'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 Ethereum High Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Neos Ethereum High Etf:Check out NEOS Ethereum Correlation, NEOS Ethereum Volatility and NEOS Ethereum Alpha and Beta module to complement your research on NEOS Ethereum. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
NEOS Ethereum 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.