Neonode Stock Performance
| NEON Stock | USD 8.53 0.32 3.62% |
Neonode has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.0437, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Neonode's returns are expected to increase less than the market. However, during the bear market, the loss of holding Neonode is expected to be smaller as well. Neonode right now secures a risk of 3.7%. Please verify Neonode expected short fall, and the relationship between the maximum drawdown and rate of daily change , to decide if Neonode will be following its current price movements.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Neonode are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, Neonode is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 16.2 M |
Neonode |
Neonode Relative Risk vs. Return Landscape
If you would invest 855.00 in Neonode on December 30, 2024 and sell it today you would lose (2.00) from holding Neonode or give up 0.23% of portfolio value over 90 days. Neonode is currently generating 0.0631% in daily expected returns and assumes 3.7011% risk (volatility on return distribution) over the 90 days horizon. In different words, 33% of stocks are less volatile than Neonode, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Neonode Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Neonode's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Neonode, and traders can use it to determine the average amount a Neonode'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 = 0.0171
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Estimated Market Risk
| 3.7 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Neonode is performing at about 1% 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 Neonode by adding it to a well-diversified portfolio.
Neonode Fundamentals Growth
Neonode Stock prices reflect investors' perceptions of the future prospects and financial health of Neonode, and Neonode 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 Neonode Stock performance.
| Return On Equity | -0.54 | ||||
| Return On Asset | -0.33 | ||||
| Profit Margin | (2.84) % | ||||
| Operating Margin | (1.46) % | ||||
| Current Valuation | 127.28 M | ||||
| Shares Outstanding | 15.47 M | ||||
| Price To Earning | (12.69) X | ||||
| Price To Book | 8.71 X | ||||
| Price To Sales | 46.06 X | ||||
| Revenue | 3.11 M | ||||
| EBITDA | (6.41 M) | ||||
| Cash And Equivalents | 12.43 M | ||||
| Cash Per Share | 0.92 X | ||||
| Total Debt | 546 K | ||||
| Debt To Equity | 0.02 % | ||||
| Book Value Per Share | 1.07 X | ||||
| Cash Flow From Operations | (5.59 M) | ||||
| Earnings Per Share | (0.72) X | ||||
| Total Asset | 18.38 M | ||||
| Retained Earnings | (224.08 M) | ||||
| Current Asset | 5.33 M | ||||
| Current Liabilities | 3.81 M | ||||
About Neonode Performance
By examining Neonode's fundamental ratios, stakeholders can obtain critical insights into Neonode's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Neonode is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Neonode Inc., together with its subsidiaries, develops optical sensing solutions for contactless touch, touch, and gesture sensing in the United States, Japan, South Korea, China, and internationally. Neonode Inc. was incorporated in 1997 and is headquartered in Stockholm, Sweden. Neonode is traded on NASDAQ Exchange in the United States.Things to note about Neonode performance evaluation
Checking the ongoing alerts about Neonode for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Neonode help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Neonode had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 3.11 M. Net Loss for the year was (6.47 M) with profit before overhead, payroll, taxes, and interest of 4.87 M. | |
| Neonode currently holds about 12.43 M in cash with (5.59 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.92. | |
| Neonode has a frail financial position based on the latest SEC disclosures | |
| Roughly 32.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Neonode'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 Neonode's stock is overvalued or undervalued compared to its peers.
- Examining Neonode'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 Neonode's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Neonode's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Neonode's stock. These opinions can provide insight into Neonode's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neonode. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Neonode Stock, please use our How to Invest in Neonode guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Electronic Equipment, Instruments & 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 Neonode. If investors know Neonode 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 Neonode listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Neonode is measured differently than its book value, which is the value of Neonode that is recorded on the company's balance sheet. Investors also form their own opinion of Neonode's value that differs from its market value or its book value, called intrinsic value, which is Neonode'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 Neonode's market value can be influenced by many factors that don't directly affect Neonode'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 Neonode's value and its price as these two are different measures arrived at by different means. Investors typically determine if Neonode is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Neonode'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.