Neo Concept International Group Stock Overlap Studies Parabolic SAR Extended

NCI Stock  USD 0.52  0.03  5.45%   
Neo Concept overlap studies tool provides the execution environment for running the Parabolic SAR Extended study and other technical functions against Neo Concept. Neo Concept value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of overlap studies indicators. As with most other technical indicators, the Parabolic SAR Extended study function is designed to identify and follow existing trends. Neo Concept overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify the following input to run this model: Start Value, Offset on Reverse, AF Init Long, AF Long, AF Max Long, AF Init Short, AF Short, and AF Max Short.

Study
Start Value
Offset on Reverse
AF Init Long
AF Long
AF Max Long
AF Init Short
AF Short
AF Max Short
Execute Study
The output start index for this execution was one with a total number of output elements of sixty. The Extended Parabolic SAR indicator is used to determine the direction of Neo Concept's momentum and the point in time when it has higher than normal probability of directional change. It has more input parameters than standard Parabolic SAR indicator.

Neo Concept Technical Analysis Modules

Most technical analysis of Neo Concept help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Neo from various momentum indicators to cycle indicators. When you analyze Neo charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Neo Concept Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Neo Concept International Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Neo Concept International Group based on widely used predictive technical indicators. In general, we focus on analyzing Neo Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Neo Concept's daily price indicators and compare them against related drivers, such as overlap studies and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Neo Concept's intrinsic value. In addition to deriving basic predictive indicators for Neo Concept, we also check how macroeconomic factors affect Neo Concept price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Dividend Yield0.0015390.001368
Price To Sales Ratio8.528.94
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Neo Concept's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.030.5116.81
Details
Intrinsic
Valuation
LowRealHigh
0.020.5016.80
Details
Naive
Forecast
LowNextHigh
0.010.5016.80
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.060.080.10
Details

Learn to be your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

Did you try this?

Run Funds Screener Now

   

Funds Screener

Find actively-traded funds from around the world traded on over 30 global exchanges
All  Next Launch Module

Neo Concept Internat pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Neo Concept position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Neo Concept will appreciate offsetting losses from the drop in the long position's value.

Neo Concept Pair Trading

Neo Concept International Group Pair Trading Analysis

The ability to find closely correlated positions to Neo Concept could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Neo Concept when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Neo Concept - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Neo Concept International Group to buy it.
The correlation of Neo Concept is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Neo Concept moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Neo Concept Internat moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Neo Concept can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Neo Concept Internat offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Neo Concept's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Neo Concept International Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Neo Concept International Group Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neo Concept International Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Research & Consulting Services 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 Neo Concept. If investors know Neo 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 Neo Concept listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.523
Earnings Share
0.03
Revenue Per Share
9.678
Quarterly Revenue Growth
(0.38)
Return On Assets
0.0854
The market value of Neo Concept Internat is measured differently than its book value, which is the value of Neo that is recorded on the company's balance sheet. Investors also form their own opinion of Neo Concept's value that differs from its market value or its book value, called intrinsic value, which is Neo Concept'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 Neo Concept's market value can be influenced by many factors that don't directly affect Neo Concept'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 Neo Concept's value and its price as these two are different measures arrived at by different means. Investors typically determine if Neo Concept is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Neo Concept'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.