Neomagic Stock Performance

NMGC Stock  USD 0.01  0  12.79%   
On a scale of 0 to 100, NeoMagic holds a performance score of 7. The company secures a Beta (Market Risk) of -1.5, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning NeoMagic are expected to decrease by larger amounts. On the other hand, during market turmoil, NeoMagic is expected to outperform it. Please check NeoMagic's treynor ratio and the relationship between the kurtosis and period momentum indicator , to make a quick decision on whether NeoMagic's current price movements will revert.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in NeoMagic are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of rather fragile technical and fundamental indicators, NeoMagic exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
  

NeoMagic Relative Risk vs. Return Landscape

If you would invest  0.60  in NeoMagic on September 26, 2025 and sell it today you would earn a total of  0.15  from holding NeoMagic or generate 25.0% return on investment over 90 days. NeoMagic is currently generating 0.8682% in daily expected returns and assumes 9.8462% risk (volatility on return distribution) over the 90 days horizon. In different words, 88% of pink sheets are less volatile than NeoMagic, and 83% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
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Given the investment horizon of 90 days NeoMagic is expected to generate 13.94 times more return on investment than the market. However, the company is 13.94 times more volatile than its market benchmark. It trades about 0.09 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.12 per unit of risk.

NeoMagic Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for NeoMagic's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as NeoMagic, and traders can use it to determine the average amount a NeoMagic'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 = 0.0882

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Based on monthly moving average NeoMagic is performing at about 7% 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 NeoMagic by adding it to a well-diversified portfolio.

NeoMagic Fundamentals Growth

NeoMagic Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of NeoMagic, and NeoMagic 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 NeoMagic Pink Sheet performance.

About NeoMagic Performance

By analyzing NeoMagic's fundamental ratios, stakeholders can gain valuable insights into NeoMagic's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if NeoMagic 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 NeoMagic has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
NeoMagic Corporation designs and delivers semiconductors and software solutions for video, television, imaging, graphic, and audio devices. The company was founded in 1993 and is based in Milpitas, California. Neomagic Corp operates under Semiconductors classification in the United States and is traded on OTC Exchange. It employs 4 people.

Things to note about NeoMagic performance evaluation

Checking the ongoing alerts about NeoMagic for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for NeoMagic help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
NeoMagic is way too risky over 90 days horizon
NeoMagic has some characteristics of a very speculative penny stock
NeoMagic appears to be risky and price may revert if volatility continues
The company has a current ratio of 0.87, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist NeoMagic until it has trouble settling it off, either with new capital or with free cash flow. So, NeoMagic'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 NeoMagic sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NeoMagic to invest in growth at high rates of return. When we think about NeoMagic's use of debt, we should always consider it together with cash and equity.
NeoMagic currently holds about 437 K in cash with (881 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Evaluating NeoMagic's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate NeoMagic's pink sheet performance include:
  • Analyzing NeoMagic'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 NeoMagic's stock is overvalued or undervalued compared to its peers.
  • Examining NeoMagic'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 NeoMagic's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NeoMagic's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of NeoMagic's pink sheet. These opinions can provide insight into NeoMagic's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating NeoMagic's pink sheet performance is not an exact science, and many factors can impact NeoMagic's pink sheet market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Complementary Tools for NeoMagic Pink Sheet analysis

When running NeoMagic's price analysis, check to measure NeoMagic'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 NeoMagic is operating at the current time. Most of NeoMagic's value examination focuses on studying past and present price action to predict the probability of NeoMagic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NeoMagic's price. Additionally, you may evaluate how the addition of NeoMagic to your portfolios can decrease your overall portfolio volatility.
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