This firm is overvalued at 4.01 per share with modest projections ahead.
NeoVolta holds a
performance score of 13 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -0.2886, which conveys not very significant fluctuations relative to the market. Let's try to break down what NeoVolta's beta means in this case. As returns on the market increase, returns on owning NeoVolta are expected to decrease at a much lower rate. During the bear market, NeoVolta is likely to outperform the market. Although it is vital to follow
NeoVolta Common price patterns, it is good to be conservative about what you can do with the information regarding equity historical
price patterns. Our philosophy towards estimating
future performance of any stock is to look not only at its past charts but also at the business as a whole, including all fundamental and
technical indicators. To evaluate if NeoVolta expected return of 1.41 will be sustainable into the future, we have found twenty-one different
technical indicators, which can help you to check if the expected returns are sustainable. Use NeoVolta Common
standard deviation,
value at risk, as well as the
relationship between the Value At Risk and
kurtosis to analyze future returns on NeoVolta Common.
The performance of NeoVolta Common Stock in the marketplace will significantly impact your decision to invest in its stock. Revenue growth, profitability, competitive positioning, management quality, and industry trends can influence NeoVolta Common's
stock prices. When investing in NeoVolta Common, there are several factors to consider and potential outcomes to expect. As a company performs well, its stock price may increase, allowing investors to benefit from price appreciation. However, NeoVolta Stock can experience significant price fluctuations due to market conditions, economic factors, industry trends, or company-specific news. This is why investing in stocks such as NeoVolta Common carries risks, including the potential for capital loss. Stock prices can decline, and investors may incur losses if they sell shares at a lower price than their initial investment.
How important is NeoVolta Common's Liquidity
NeoVolta Common
financial leverage refers to using borrowed capital as a funding source to finance NeoVolta Common Stock ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. NeoVolta Common financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to NeoVolta Common's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of NeoVolta Common's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the
breakdown between NeoVolta Common's total debt and its cash.
NeoVolta Common Gross Profit
NeoVolta Common Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing NeoVolta Common previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show NeoVolta Common Gross Profit growth over the last 10 years. Please check NeoVolta Common's
gross profit and other
fundamental indicators for more details.
A Deeper look at NeoVolta
NeoVolta Inc Common holds a total of 33.16 Million outstanding shares. NeoVolta Inc Common secures 14.56 % if its
outstanding shares held by
insiders and 14.56 % owned by
institutional investors . Remember, it does not matter who owns the company or if the company is currently
losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
| 2020 | 2021 | 2022 | 2023 (projected) |
Interest Expense | 24.52 K | 49.54 K | 56.98 K | 49.16 K | Gross Profit | 647.72 K | 667.13 K | 767.2 K | 703.58 K |
Ownership Breakdown
| Retail Investors81.95% | Insiders14.56% | |
| Retail Investors | 81.95 |
| Insiders | 14.56 |
| Institutions | 3.49 |
Will NeoVolta latest climb continue?
NeoVolta latest maximum drawdown rises over 24.37.
NeoVolta Inc Common is displaying above-average volatility over the selected time horizon. Investors should scrutinize NeoVolta Inc Common independently to ensure intended
market timing strategies are aligned with expectations about NeoVolta volatility. Understanding different
market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure NeoVolta's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact
NeoVolta's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
Our Conclusion on NeoVolta
While some other entities under the electrical equipment & parts industry are still a bit expensive, NeoVolta may offer a potential longer-term growth to sophisticated investors. Taking everything into account, as of the 17th of June 2023, our analysis shows that NeoVolta almost neglects market trends. The venture is
overvalued and projects
below average probability of distress for the next 2 years. Our latest 90 days buy-sell recommendation on the venture is
Cautious Hold.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectEditorial Staff
Rifka Kats is a Member of Macroaxis Editorial Board. Rifka writes about retail product and service companies from the perspective of a regular consumer and sophisticated investor at the same time. She is passionate about corporate ethics and equality in the workforce.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Rifka Kats do not own shares of NeoVolta Common Stock. Please refer to our
Terms of Use for any information regarding our disclosure principles.
Would you like to provide feedback on the content of this article?
You can get in touch with us directly or send us a quick note via email to
editors@macroaxis.com