Neovolta Common Stock Stock Market Value
| NEOV Stock | USD 3.48 0.14 4.19% |
| Symbol | NeoVolta |
NeoVolta Common Stock Price To Book Ratio
Is Industrial Machinery & Supplies & 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 NeoVolta Common. If investors know NeoVolta 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 NeoVolta Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.09) | Revenue Per Share | Quarterly Revenue Growth (0.23) | Return On Assets | Return On Equity |
The market value of NeoVolta Common Stock is measured differently than its book value, which is the value of NeoVolta that is recorded on the company's balance sheet. Investors also form their own opinion of NeoVolta Common's value that differs from its market value or its book value, called intrinsic value, which is NeoVolta Common'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 NeoVolta Common's market value can be influenced by many factors that don't directly affect NeoVolta Common'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 NeoVolta Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if NeoVolta Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NeoVolta Common'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.
NeoVolta Common '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 NeoVolta Common's stock 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 NeoVolta Common.
| 12/31/2024 |
| 01/30/2025 |
If you would invest 0.00 in NeoVolta Common on December 31, 2024 and sell it all today you would earn a total of 0.00 from holding NeoVolta Common Stock or generate 0.0% return on investment in NeoVolta Common over 30 days. NeoVolta Common is related to or competes with Energizer Holdings, Acuity Brands, Espey Mfg, Preformed Line, Kimball Electronics, ADS TEC, and Advanced Energy. NeoVolta Inc. designs, manufactures, and sells energy storage systems in the United States More
NeoVolta Common 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 NeoVolta Common's stock 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 NeoVolta Common Stock upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.21 | |||
| Information Ratio | 0.0536 | |||
| Maximum Drawdown | 33.98 | |||
| Value At Risk | (9.11) | |||
| Potential Upside | 8.33 |
NeoVolta Common Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NeoVolta Common's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NeoVolta Common's standard deviation. In reality, there are many statistical measures that can use NeoVolta Common historical prices to predict the future NeoVolta Common's volatility.| Risk Adjusted Performance | 0.0654 | |||
| Jensen Alpha | 0.384 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0447 | |||
| Treynor Ratio | 2.24 |
NeoVolta Common Stock Backtested Returns
At this stage we consider NeoVolta Stock to be risky. NeoVolta Common Stock has Sharpe Ratio of 0.0301, which conveys that the firm had a 0.0301 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for NeoVolta Common, which you can use to evaluate the volatility of the firm. Please verify NeoVolta Common's Risk Adjusted Performance of 0.0654, downside deviation of 7.21, and Mean Deviation of 4.77 to check out if the risk estimate we provide is consistent with the expected return of 0.18%. NeoVolta Common has a performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.18, which conveys not very significant fluctuations relative to the market. As returns on the market increase, NeoVolta Common's returns are expected to increase less than the market. However, during the bear market, the loss of holding NeoVolta Common is expected to be smaller as well. NeoVolta Common Stock right now secures a risk of 5.92%. Please verify NeoVolta Common Stock value at risk, as well as the relationship between the kurtosis and market facilitation index , to decide if NeoVolta Common Stock will be following its current price movements.
Auto-correlation | 0.77 |
Good predictability
NeoVolta Common Stock has good predictability. Overlapping area represents the amount of predictability between NeoVolta Common time series from 31st of December 2024 to 15th of January 2025 and 15th of January 2025 to 30th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of NeoVolta Common Stock price movement. The serial correlation of 0.77 indicates that around 77.0% of current NeoVolta Common price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
NeoVolta Common Stock lagged returns against current returns
Autocorrelation, which is NeoVolta Common stock'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 NeoVolta Common's stock expected returns. We can calculate the autocorrelation of NeoVolta Common returns to help us make a trade decision. For example, suppose you find that NeoVolta Common has exhibited high autocorrelation historically, and you observe that the stock 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 |
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NeoVolta Common 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 NeoVolta Common stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NeoVolta Common stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NeoVolta Common stock over time.
Current vs Lagged Prices |
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NeoVolta Common Lagged Returns
When evaluating NeoVolta Common's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NeoVolta Common stock have on its future price. NeoVolta Common 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, NeoVolta Common autocorrelation shows the relationship between NeoVolta Common stock current value and its past values and can show if there is a momentum factor associated with investing in NeoVolta Common Stock.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for NeoVolta Stock Analysis
When running NeoVolta Common's price analysis, check to measure NeoVolta Common'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 NeoVolta Common is operating at the current time. Most of NeoVolta Common's value examination focuses on studying past and present price action to predict the probability of NeoVolta Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NeoVolta Common's price. Additionally, you may evaluate how the addition of NeoVolta Common to your portfolios can decrease your overall portfolio volatility.