Neos Enhanced Income Etf Market Value
| TLTI Etf | 46.41 0.26 0.56% |
| Symbol | NEOS |
The market value of NEOS Enhanced Income 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 Enhanced's value that differs from its market value or its book value, called intrinsic value, which is NEOS Enhanced'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 Enhanced's market value can be influenced by many factors that don't directly affect NEOS Enhanced'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 Enhanced's value and its price as these two are different measures arrived at by different means. Investors typically determine if NEOS Enhanced is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NEOS Enhanced'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 Enhanced '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 Enhanced'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 Enhanced.
| 01/21/2025 |
| 01/16/2026 |
If you would invest 0.00 in NEOS Enhanced on January 21, 2025 and sell it all today you would earn a total of 0.00 from holding NEOS Enhanced Income or generate 0.0% return on investment in NEOS Enhanced over 360 days. NEOS Enhanced is related to or competes with Vanguard 0, Texas Capital, Vanguard Ultra, US Treasury, Nicholas Fixed, and Franklin Liberty. NEOS Enhanced is entity of United States More
NEOS Enhanced 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 Enhanced'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 Enhanced Income upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 2.52 | |||
| Value At Risk | (0.93) | |||
| Potential Upside | 0.7151 |
NEOS Enhanced Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NEOS Enhanced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NEOS Enhanced's standard deviation. In reality, there are many statistical measures that can use NEOS Enhanced historical prices to predict the future NEOS Enhanced's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 0.3223 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NEOS Enhanced'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 Enhanced Income Backtested Returns
NEOS Enhanced Income has Sharpe Ratio of -0.0743, which conveys that the entity had a -0.0743 % return per unit of volatility over the last 3 months. NEOS Enhanced exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NEOS Enhanced's risk adjusted performance of (0.01), and Mean Deviation of 0.3851 to check out the risk estimate we provide. The etf secures a Beta (Market Risk) of -0.0334, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning NEOS Enhanced are expected to decrease at a much lower rate. During the bear market, NEOS Enhanced is likely to outperform the market.
Auto-correlation | -0.25 |
Weak reverse predictability
NEOS Enhanced Income has weak reverse predictability. Overlapping area represents the amount of predictability between NEOS Enhanced time series from 21st of January 2025 to 20th of July 2025 and 20th of July 2025 to 16th 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 Enhanced Income price movement. The serial correlation of -0.25 indicates that over 25.0% of current NEOS Enhanced price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.85 |
NEOS Enhanced Income lagged returns against current returns
Autocorrelation, which is NEOS Enhanced 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 Enhanced's etf expected returns. We can calculate the autocorrelation of NEOS Enhanced returns to help us make a trade decision. For example, suppose you find that NEOS Enhanced 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 |
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NEOS Enhanced 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 Enhanced etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NEOS Enhanced etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NEOS Enhanced etf over time.
Current vs Lagged Prices |
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NEOS Enhanced Lagged Returns
When evaluating NEOS Enhanced's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NEOS Enhanced etf have on its future price. NEOS Enhanced 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 Enhanced autocorrelation shows the relationship between NEOS Enhanced etf current value and its past values and can show if there is a momentum factor associated with investing in NEOS Enhanced Income.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether NEOS Enhanced Income offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NEOS Enhanced'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 Enhanced Income Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Neos Enhanced Income Etf:Check out NEOS Enhanced Correlation, NEOS Enhanced Volatility and NEOS Enhanced Alpha and Beta module to complement your research on NEOS Enhanced. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
NEOS Enhanced 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.