Neometals (Germany) Market Value
| 9R9 Stock | EUR 0.03 0 4.35% |
| Symbol | Neometals |
Neometals 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Neometals' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Neometals.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Neometals on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Neometals or generate 0.0% return on investment in Neometals over 90 days. Neometals is related to or competes with TYSNES SPAREBANK, COREBRIDGE FINANCIAL, Firan Technology, Meta Financial, Amkor Technology, Regions Financial, and Sunny Optical. Neometals Ltd explores and evaluates mineral properties in Australia More
Neometals Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Neometals' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Neometals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 13.11 | |||
| Information Ratio | 0.0457 | |||
| Maximum Drawdown | 65.56 | |||
| Value At Risk | (17.87) | |||
| Potential Upside | 25.48 |
Neometals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Neometals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Neometals' standard deviation. In reality, there are many statistical measures that can use Neometals historical prices to predict the future Neometals' volatility.| Risk Adjusted Performance | 0.0615 | |||
| Jensen Alpha | 0.7421 | |||
| Total Risk Alpha | (1.18) | |||
| Sortino Ratio | 0.0483 | |||
| Treynor Ratio | 4.47 |
Neometals Backtested Returns
Neometals appears to be out of control, given 3 months investment horizon. Neometals has Sharpe Ratio of 0.0534, which conveys that the firm had a 0.0534 % return per unit of risk over the last 3 months. By analyzing Neometals' technical indicators, you can evaluate if the expected return of 0.75% is justified by implied risk. Please exercise Neometals' Mean Deviation of 10.07, downside deviation of 13.11, and Risk Adjusted Performance of 0.0615 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Neometals holds a performance score of 4. The company secures a Beta (Market Risk) of 0.17, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Neometals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Neometals is expected to be smaller as well. Please check Neometals' jensen alpha, sortino ratio, and the relationship between the information ratio and total risk alpha , to make a quick decision on whether Neometals' current price movements will revert.
Auto-correlation | -0.55 |
Good reverse predictability
Neometals has good reverse predictability. Overlapping area represents the amount of predictability between Neometals time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Neometals price movement. The serial correlation of -0.55 indicates that about 55.0% of current Neometals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Neometals lagged returns against current returns
Autocorrelation, which is Neometals stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Neometals' stock expected returns. We can calculate the autocorrelation of Neometals returns to help us make a trade decision. For example, suppose you find that Neometals has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Neometals regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Neometals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Neometals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Neometals stock over time.
Current vs Lagged Prices |
| Timeline |
Neometals Lagged Returns
When evaluating Neometals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Neometals stock have on its future price. Neometals autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Neometals autocorrelation shows the relationship between Neometals stock current value and its past values and can show if there is a momentum factor associated with investing in Neometals.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Neometals Stock
Neometals financial ratios help investors to determine whether Neometals Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Neometals with respect to the benefits of owning Neometals security.