Neo Performance Materials Stock Market Value
| NOPMF Stock | USD 12.38 0.31 2.57% |
| Symbol | Neo |
Neo Performance '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 Neo Performance's otc 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 Neo Performance.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Neo Performance on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Neo Performance Materials or generate 0.0% return on investment in Neo Performance over 90 days. Neo Performance is related to or competes with Arafura Resources, Australian Strategic, Flexible Solutions, Johnson Matthey, Orica, Texas Rare, and Ucore Rare. Neo Performance Materials Inc. manufactures and sells rare earth, magnetic powders, magnets, and rare metal-based functi... More
Neo Performance 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 Neo Performance's otc 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 Neo Performance Materials upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.81 | |||
| Information Ratio | 0.1689 | |||
| Maximum Drawdown | 18.51 | |||
| Value At Risk | (5.83) | |||
| Potential Upside | 6.41 |
Neo Performance Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Neo Performance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Neo Performance's standard deviation. In reality, there are many statistical measures that can use Neo Performance historical prices to predict the future Neo Performance's volatility.| Risk Adjusted Performance | 0.203 | |||
| Jensen Alpha | 0.5427 | |||
| Total Risk Alpha | 0.2181 | |||
| Sortino Ratio | 0.1578 | |||
| Treynor Ratio | 0.5138 |
Neo Performance Materials Backtested Returns
Neo Performance appears to be somewhat reliable, given 3 months investment horizon. Neo Performance Materials has Sharpe Ratio of 0.26, which conveys that the firm had a 0.26 % return per unit of risk over the last 3 months. By analyzing Neo Performance's technical indicators, you can evaluate if the expected return of 0.92% is justified by implied risk. Please exercise Neo Performance's Mean Deviation of 2.64, downside deviation of 3.81, and Risk Adjusted Performance of 0.203 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Neo Performance holds a performance score of 20. The company secures a Beta (Market Risk) of 1.44, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Neo Performance will likely underperform. Please check Neo Performance's downside variance, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Neo Performance's current price movements will revert.
Auto-correlation | -0.77 |
Almost perfect reverse predictability
Neo Performance Materials has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Neo Performance time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd 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 Neo Performance Materials price movement. The serial correlation of -0.77 indicates that around 77.0% of current Neo Performance price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.77 | |
| Spearman Rank Test | -0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 1.58 |
Neo Performance Materials lagged returns against current returns
Autocorrelation, which is Neo Performance otc 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 Neo Performance's otc stock expected returns. We can calculate the autocorrelation of Neo Performance returns to help us make a trade decision. For example, suppose you find that Neo Performance has exhibited high autocorrelation historically, and you observe that the otc 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 |
Neo Performance 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 Neo Performance otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Neo Performance otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Neo Performance otc stock over time.
Current vs Lagged Prices |
| Timeline |
Neo Performance Lagged Returns
When evaluating Neo Performance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Neo Performance otc stock have on its future price. Neo Performance 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, Neo Performance autocorrelation shows the relationship between Neo Performance otc stock current value and its past values and can show if there is a momentum factor associated with investing in Neo Performance Materials.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Neo OTC Stock
Neo Performance financial ratios help investors to determine whether Neo OTC 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 Neo with respect to the benefits of owning Neo Performance security.