Neo Battery Materials Stock Performance
| NBMFF Stock | USD 0.63 0.04 6.78% |
Neo Battery holds a performance score of 15 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 3.56, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Neo Battery will likely underperform. Use Neo Battery Materials sortino ratio, semi variance, rate of daily change, as well as the relationship between the value at risk and kurtosis , to analyze future returns on Neo Battery Materials.
Risk-Adjusted Performance
15 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Neo Battery Materials are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile technical and fundamental indicators, Neo Battery reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 625.9 K | |
| Total Cashflows From Investing Activities | -177.5 K |
Neo |
Neo Battery Relative Risk vs. Return Landscape
If you would invest 9.50 in Neo Battery Materials on September 1, 2024 and sell it today you would earn a total of 53.50 from holding Neo Battery Materials or generate 563.16% return on investment over 90 days. Neo Battery Materials is currently producing 7.3909% returns and takes up 37.8859% 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 otc 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 = 0.1951
| Best Portfolio | Best Equity | NBMFF | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 37.89 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Neo Battery is performing at about 15% 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 OTC 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 OTC Stock performance.
| Return On Equity | -0.68 | |||
| Return On Asset | -0.39 | |||
| Current Valuation | 10.96 M | |||
| Shares Outstanding | 99.74 M | |||
| Price To Book | 7.24 X | |||
| EBITDA | (1.93 M) | |||
| Cash And Equivalents | 2.36 M | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 30.37 K | |||
| Debt To Equity | 0.02 % | |||
| Book Value Per Share | 0.02 X | |||
| Cash Flow From Operations | (1.5 M) | |||
| Earnings Per Share | (0.03) X | |||
| Total Asset | 1.67 M | |||
About Neo Battery Performance
By analyzing Neo Battery's fundamental ratios, stakeholders can gain valuable insights into Neo Battery's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. 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.
NEO Battery Materials Ltd., a junior resource company, focuses on the exploration of battery metals in North America. NEO Battery Materials Ltd. was incorporated in 2006 and is headquartered in Vancouver, Canada. NEO Battery is traded on OTC Exchange in the United States.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. OTC 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 | |
| Net Loss for the year was (2.08 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Neo Battery Materials has accumulated about 2.36 M in cash with (1.5 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. |
- 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 OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Neo Battery's otc stock. These opinions can provide insight into Neo Battery's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Neo OTC 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.
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