Neoen SA (France) Today
| NEOEN Stock | EUR 29.30 0.76 2.66% |
Performance8 of 100
| Odds Of DistressLess than 9
|
Neoen SA is selling at 29.30 as of the 5th of May 2024; that is 2.66 percent up since the beginning of the trading day. The stock's last reported lowest price was 28.44. Neoen SA has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Neoen SA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of April 2024 and ending today, the 5th of May 2024. Click here to learn more.
Neoen S.A., an independent renewable energy production company, engages in the design, development, finance, construction project management, and operation of renewable energy power plants. Neoen S.A. was founded in 2008 and is headquartered in Paris, France. The company has 114.24 M outstanding shares. More on Neoen SA
Moving together with Neoen Stock
| 0.84 | CBDG | Compagnie du Cambodge | PairCorr |
| 0.74 | BAIN | Bains Mer Monaco | PairCorr |
Moving against Neoen Stock
| 0.53 | ALAGP | Agripower France | PairCorr |
Neoen Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Neoen SA's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Neoen SA or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Romain Desrousseaux |
| Business Concentration | Utilities, Independent Power and Renewable Electricity Producers, Utilities—Renewable, Utilities (View all Sectors) |
Neoen SA (NEOEN) is traded on Euronext Paris in France and employs 288 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.43 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Neoen SA's market, we take the total number of its shares issued and multiply it by Neoen SA'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. Neoen SA operates under Independent Power and Renewable Electricity Producers sector and is part of Utilities industry. The entity has 114.24 M outstanding shares.
Neoen SA has accumulated about 68 M in cash with 276 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.35.
Check Neoen SA Probability Of Bankruptcy
Ownership AllocationNeoen SA maintains a total of 114.24 Million outstanding shares. Neoen SA holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Neoen Ownership Details
Neoen Stock Price Odds Analysis
In regard to a normal probability distribution, the odds of Neoen SA jumping above the current price in 90 days from now is about 8.13%. The Neoen SA probability density function shows the probability of Neoen SA stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Neoen SA has a beta of -0.4255. This indicates as returns on the benchmark increase, returns on holding Neoen SA are expected to decrease at a much lower rate. During a bear market, however, Neoen SA is likely to outperform the market. Additionally, neoen SA has an alpha of 0.2076, implying that it can generate a 0.21 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Neoen SA to move above the current price in 90 days from now is about 8.13 (This Neoen SA probability density function shows the probability of Neoen Stock to fall within a particular range of prices over 90 days) .
Neoen SA Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Neoen SA market risk premium is the additional return an investor will receive from holding Neoen SA long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Neoen SA. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Neoen SA's alpha and beta are two of the key measurements used to evaluate Neoen SA's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.71 | |||
| Semi Deviation | 1.77 | |||
| Standard Deviation | 2.23 | |||
| Variance | 4.96 |
Neoen Stock Against Markets
Picking the right benchmark for Neoen SA stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Neoen SA stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Neoen SA is critical whether you are bullish or bearish towards Neoen SA at a given time. Please also check how Neoen SA's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Neoen SA without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
Neoen SA Corporate Management
Elected by the shareholders, the Neoen SA's board of directors comprises two types of representatives: Neoen SA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Neoen. The board's role is to monitor Neoen SA's management team and ensure that shareholders' interests are well served. Neoen SA's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Neoen SA's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Helen Bouygues | Lead Independent Director | Profile | |
| Simon Veyrat | Director | Profile | |
| Norbert Thouvenot | Chief Officer | Profile | |
| LouisMathieu CPA | Chief Officer | Profile | |
| Stephanie Levan | Director | Profile | |
| Christophe Gegout | Independent Director | Profile |
How to buy Neoen Stock?
Before investing in Neoen SA, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Neoen SA. To buy Neoen SA stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Neoen SA. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Neoen SA stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Neoen SA stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Neoen SA stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Neoen SA, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Neoen SA?
The danger of trading Neoen SA is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Neoen SA is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Neoen SA. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Neoen SA is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neoen SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Neoen Stock analysis
When running Neoen SA's price analysis, check to measure Neoen SA'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 Neoen SA is operating at the current time. Most of Neoen SA's value examination focuses on studying past and present price action to predict the probability of Neoen SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neoen SA's price. Additionally, you may evaluate how the addition of Neoen SA to your portfolios can decrease your overall portfolio volatility.
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