Neo Battery Materials Stock Performance
| NBM Stock | CAD 0.85 0.01 1.19% |
Neo Battery holds a performance score of 25 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -1.24, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Neo Battery are expected to decrease by larger amounts. On the other hand, during market turmoil, Neo Battery is expected to outperform it. Use Neo Battery Materials treynor ratio and the relationship between the downside variance and day median price , to analyze future returns on Neo Battery Materials.
Risk-Adjusted Performance
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Neo Battery Materials are ranked lower than 25 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Neo Battery showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:2 | Dividend Date 2018-03-07 | Last Split Date 2018-03-07 |
1 | NEO Battery Materials Completes Strategic Share Purchase - TipRanks | 09/09/2024 |
2 | NEO Battery Materials Enters into Letter of Intent with Canadian Municipality for Commercial Facility Land Lease - Yahoo Finance | 10/29/2024 |
| Begin Period Cash Flow | 1.6 M |
Neo |
Neo Battery Relative Risk vs. Return Landscape
If you would invest 12.00 in Neo Battery Materials on August 31, 2024 and sell it today you would earn a total of 73.00 from holding Neo Battery Materials or generate 608.33% return on investment over 90 days. Neo Battery Materials is currently producing 3.8671% returns and takes up 12.1784% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Neo, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Neo Battery Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Neo Battery's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Neo Battery Materials, and traders can use it to determine the average amount a Neo Battery's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.3175
| Best Portfolio | Best Equity | NBM | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 12.18 actual daily | 96 96% of assets are less volatile |
Expected Return
| 3.87 actual daily | 77 77% of assets have lower returns |
Risk-Adjusted Return
| 0.32 actual daily | 25 75% of assets perform better |
Based on monthly moving average Neo Battery is performing at about 25% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Neo Battery by adding it to a well-diversified portfolio.
Neo Battery Fundamentals Growth
Neo Stock prices reflect investors' perceptions of the future prospects and financial health of Neo Battery, and Neo Battery fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Neo Stock performance.
| Return On Equity | -2.61 | |||
| Return On Asset | -1.09 | |||
| Current Valuation | 100.26 M | |||
| Shares Outstanding | 117.86 M | |||
| Price To Book | 71.34 X | |||
| EBITDA | (3.32 M) | |||
| Net Income | (2.84 M) | |||
| Cash And Equivalents | 869.78 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 725.43 K | |||
| Current Ratio | 0.60 X | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | (2.52 M) | |||
| Earnings Per Share | (0.03) X | |||
| Market Capitalization | 100.18 M | |||
| Total Asset | 2.95 M | |||
| Retained Earnings | (32.95 M) | |||
| Working Capital | 561.93 K | |||
About Neo Battery Performance
Evaluating Neo Battery's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Neo Battery has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Neo Battery has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 6.5 K | 6.9 K | |
| Return On Tangible Assets | (0.98) | (1.03) | |
| Return On Capital Employed | (1.39) | (1.32) | |
| Return On Assets | (0.96) | (1.01) | |
| Return On Equity | (1.38) | (1.31) |
Things to note about Neo Battery Materials performance evaluation
Checking the ongoing alerts about Neo Battery for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Neo Battery Materials help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Neo Battery is way too risky over 90 days horizon | |
| Neo Battery has some characteristics of a very speculative penny stock | |
| Neo Battery appears to be risky and price may revert if volatility continues | |
| Neo Battery Materials has accumulated 725.43 K in total debt. Neo Battery Materials has a current ratio of 0.59, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Neo Battery until it has trouble settling it off, either with new capital or with free cash flow. So, Neo Battery's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Neo Battery Materials sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Neo to invest in growth at high rates of return. When we think about Neo Battery's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (2.84 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Neo Battery Materials has accumulated about 869.78 K in cash with (2.52 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
- Analyzing Neo Battery's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Neo Battery's stock is overvalued or undervalued compared to its peers.
- Examining Neo Battery's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Neo Battery's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Neo Battery's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Neo Battery's stock. These opinions can provide insight into Neo Battery's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Neo Stock Analysis
When running Neo Battery's price analysis, check to measure Neo Battery'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 Neo Battery is operating at the current time. Most of Neo Battery's value examination focuses on studying past and present price action to predict the probability of Neo Battery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neo Battery's price. Additionally, you may evaluate how the addition of Neo Battery to your portfolios can decrease your overall portfolio volatility.