Neovolta Warrant Stock Performance
| NEOVW Stock | USD 2.42 0.02 0.83% |
NeoVolta Warrant holds a performance score of 17 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 2.4, 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, NeoVolta Warrant will likely underperform. Use NeoVolta Warrant value at risk, as well as the relationship between the kurtosis and market facilitation index , to analyze future returns on NeoVolta Warrant.
Risk-Adjusted Performance
17 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in NeoVolta Warrant are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, NeoVolta Warrant showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (3.49) | Five Day Return (1.78) | Year To Date Return 805.74 | Ten Year Return 132.63 | All Time Return 132.63 |
| Begin Period Cash Flow | 2 M |
NeoVolta |
NeoVolta Warrant Relative Risk vs. Return Landscape
If you would invest 0.00 in NeoVolta Warrant on August 28, 2024 and sell it today you would earn a total of 242.00 from holding NeoVolta Warrant or generate 9.223372036854776E16% return on investment over 90 days. NeoVolta Warrant is currently producing 49.2652% returns and takes up 216.3037% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than NeoVolta, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
NeoVolta Warrant Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NeoVolta Warrant's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NeoVolta Warrant, and traders can use it to determine the average amount a NeoVolta Warrant'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 = 0.2278
| Best Portfolio | Best Equity | NEOVW | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 216.3 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
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average NeoVolta Warrant is performing at about 17% 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 NeoVolta Warrant by adding it to a well-diversified portfolio.
NeoVolta Warrant Fundamentals Growth
NeoVolta Stock prices reflect investors' perceptions of the future prospects and financial health of NeoVolta Warrant, and NeoVolta Warrant 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 NeoVolta Stock performance.
| Return On Equity | -0.57 | ||||
| Return On Asset | -0.35 | ||||
| Profit Margin | (1.15) % | ||||
| Operating Margin | (1.64) % | ||||
| Revenue | 2.65 M | ||||
| EBITDA | (2.3 M) | ||||
| Net Income | (2.3 M) | ||||
| Cash And Equivalents | 785.99 K | ||||
| Cash Per Share | 0.04 X | ||||
| Total Debt | 61.1 K | ||||
| Debt To Equity | 0.40 % | ||||
| Current Ratio | 3.51 X | ||||
| Book Value Per Share | 0.12 X | ||||
| Cash Flow From Operations | (1.02 M) | ||||
| Total Asset | 4.66 M | ||||
| Retained Earnings | (20.74 M) | ||||
| Working Capital | 4.6 M | ||||
About NeoVolta Warrant Performance
Evaluating NeoVolta Warrant's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if NeoVolta Warrant 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 NeoVolta Warrant 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 | 305.60 | 212.10 | |
| Return On Tangible Assets | (0.49) | (0.52) | |
| Return On Capital Employed | (0.51) | (0.53) | |
| Return On Assets | (0.49) | (0.52) | |
| Return On Equity | (0.50) | (0.53) |
Things to note about NeoVolta Warrant performance evaluation
Checking the ongoing alerts about NeoVolta Warrant for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NeoVolta Warrant help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| NeoVolta Warrant is way too risky over 90 days horizon | |
| NeoVolta Warrant appears to be risky and price may revert if volatility continues | |
| NeoVolta Warrant has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 2.65 M. Net Loss for the year was (2.3 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| NeoVolta Warrant has accumulated about 785.99 K in cash with (1.02 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| NeoVolta Warrant has a poor financial position based on the latest SEC disclosures |
- Analyzing NeoVolta Warrant'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 NeoVolta Warrant's stock is overvalued or undervalued compared to its peers.
- Examining NeoVolta Warrant'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 NeoVolta Warrant's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NeoVolta Warrant's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NeoVolta Warrant's stock. These opinions can provide insight into NeoVolta Warrant's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for NeoVolta Stock Analysis
When running NeoVolta Warrant's price analysis, check to measure NeoVolta Warrant'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 NeoVolta Warrant is operating at the current time. Most of NeoVolta Warrant's value examination focuses on studying past and present price action to predict the probability of NeoVolta Warrant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NeoVolta Warrant's price. Additionally, you may evaluate how the addition of NeoVolta Warrant to your portfolios can decrease your overall portfolio volatility.