Neo Corporate (Thailand) Performance
| NEO Stock | 31.50 0.75 2.33% |
Neo Corporate holds a performance score of 12 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -0.32, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Neo Corporate are expected to decrease at a much lower rate. During the bear market, Neo Corporate is likely to outperform the market. Use Neo Corporate Pcl value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to analyze future returns on Neo Corporate Pcl.
Risk-Adjusted Performance
12 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Neo Corporate Pcl are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Despite quite weak basic indicators, Neo Corporate disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
Neo |
Neo Corporate Relative Risk vs. Return Landscape
If you would invest 4,425 in Neo Corporate Pcl on September 13, 2024 and sell it today you would lose (1,125) from holding Neo Corporate Pcl or give up 25.42% of portfolio value over 90 days. Neo Corporate Pcl is generating 29.6472% of daily returns assuming 182.6126% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than Neo on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Neo Corporate Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Neo Corporate's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Neo Corporate Pcl, and traders can use it to determine the average amount a Neo Corporate'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 = 0.1624
| Best Portfolio | Best Equity | NEO | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 182.61 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
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Neo Corporate is performing at about 12% 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 Corporate by adding it to a well-diversified portfolio.
Things to note about Neo Corporate Pcl performance evaluation
Checking the ongoing alerts about Neo Corporate for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Neo Corporate Pcl help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Neo Corporate Pcl is way too risky over 90 days horizon | |
| Neo Corporate Pcl appears to be risky and price may revert if volatility continues |
- Analyzing Neo Corporate'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 Corporate's stock is overvalued or undervalued compared to its peers.
- Examining Neo Corporate'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 Corporate's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Neo Corporate's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Neo Corporate's stock. These opinions can provide insight into Neo Corporate's potential for growth and whether the stock is currently undervalued or overvalued.