Neomagic Stock Analysis
| NMGC Stock | USD 0.01 0 16.78% |
NeoMagic's financial leverage is the degree to which the firm utilizes its fixed-income securities and uses equity to finance projects. Companies with high leverage are usually considered to be at financial risk. NeoMagic's financial risk is the risk to NeoMagic stockholders that is caused by an increase in debt. In other words, with a high degree of financial leverage come high-interest payments, which usually reduce Earnings Per Share (EPS).
Given that NeoMagic's debt-to-equity ratio measures a Company's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which NeoMagic is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of NeoMagic to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, NeoMagic is said to be less leveraged. If creditors hold a majority of NeoMagic's assets, the Company is said to be highly leveraged.
NeoMagic is overvalued with Real Value of 0.009534 and Hype Value of 0.01. The main objective of NeoMagic pink sheet analysis is to determine its intrinsic value, which is an estimate of what NeoMagic is worth, separate from its market price. There are two main types of NeoMagic's stock analysis: fundamental analysis and technical analysis.
The NeoMagic pink sheet is traded in the USA on PINK Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and NeoMagic's ongoing operational relationships across important fundamental and technical indicators.
NeoMagic |
NeoMagic Pink Sheet Analysis Notes
The company recorded a loss per share of 0.03. NeoMagic had not issued any dividends in recent years. The entity had 1:5 split on the 15th of August 2005. 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.The quote for NeoMagic is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about NeoMagic contact Syed Zaidi at 408-437-9725 or learn more at https://www.neomagic.com.NeoMagic Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more pink sheets at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. NeoMagic's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding NeoMagic or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| 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. |
NeoMagic Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 2.18 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NeoMagic's market, we take the total number of its shares issued and multiply it by NeoMagic's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.NeoMagic Profitablity
The company has Profit Margin (PM) of (1.6) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (1.87) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $1.87.Technical Drivers
As of the 30th of January, NeoMagic secures the Mean Deviation of 6.8, risk adjusted performance of 0.0774, and Downside Deviation of 26.5. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of NeoMagic, as well as the relationship between them.NeoMagic Price Movement Analysis
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. NeoMagic middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for NeoMagic. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
NeoMagic Outstanding Bonds
NeoMagic issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. NeoMagic uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most NeoMagic bonds can be classified according to their maturity, which is the date when NeoMagic has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| TNEMAK 3625 28 JUN 31 Corp BondUS64045DAC83 | View | |
| US64049MAB63 Corp BondUS64049MAB63 | View |
NeoMagic Predictive Daily Indicators
NeoMagic intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of NeoMagic pink sheet daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Rate Of Daily Change | 0.83 | |||
| Day Median Price | 0.0124 | |||
| Day Typical Price | 0.0124 | |||
| Price Action Indicator | (0) | |||
| Period Momentum Indicator | (0) | |||
| Relative Strength Index | 53.73 |
NeoMagic Forecast Models
NeoMagic's time-series forecasting models are one of many NeoMagic's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary NeoMagic's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.NeoMagic Debt to Cash Allocation
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 Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the NeoMagic's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of NeoMagic, which in turn will lower the firm's financial flexibility.NeoMagic Corporate Bonds Issued
Most NeoMagic bonds can be classified according to their maturity, which is the date when NeoMagic has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
About NeoMagic Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how NeoMagic prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling NeoMagic shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as NeoMagic. By using and applying NeoMagic Pink Sheet analysis, traders can create a robust methodology for identifying NeoMagic entry and exit points for their positions.
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.
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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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