Neogen Stock Price on March 1, 2018
| NEOG Stock | USD 12.37 0.06 0.49% |
Below is the normalized historical share price chart for Neogen extending back to August 23, 1989. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Neogen stands at 12.37, as last reported on the 25th of April, with the highest price reaching 12.42 and the lowest price hitting 12.00 during the day.
If you're considering investing in Neogen Stock, it is important to understand the factors that can impact its price. Neogen has Sharpe Ratio of -0.15, which conveys that the firm had a -0.15% return per unit of risk over the last 3 months. Neogen exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Neogen's Mean Deviation of 1.94, standard deviation of 2.63, and Risk Adjusted Performance of (0.1) to check out the risk estimate we provide.
At this time, Neogen's Liabilities And Stockholders Equity is most likely to increase significantly in the upcoming years. The Neogen's current Other Stockholder Equity is estimated to increase to about 3.1 B, while Sale Purchase Of Stock is projected to decrease to roughly 1.3 M. . At this time, Neogen's Price Cash Flow Ratio is most likely to increase significantly in the upcoming years. Neogen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 23rd of August 1989 | 200 Day MA 17.9789 | 50 Day MA 15.234 | Beta 1.124 |
Neogen |
Sharpe Ratio = -0.1452
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| Negative Returns | NEOG |
Estimated Market Risk
| 2.7 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.39 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Neogen is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Neogen by adding Neogen to a well-diversified portfolio.
Price Book 0.8517 | Enterprise Value Ebitda 18.0182 | Price Sales 2.8858 | Shares Float 216.1 M | Wall Street Target Price 17 |
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Neogen Stock history
Neogen investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Neogen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Neogen will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Neogen stock prices may prove useful in developing a viable investing in Neogen
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 217.2 M | 228.1 M | |
| Net Loss | -26.3 M | -25 M |
Neogen Quarterly Net Working Capital |
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Neogen Stock Technical Analysis
Neogen technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Neogen Period Price Range
Neogen April 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Neogen stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Neogen shares will generate the highest return on investment. By undertsting and applying Neogen stock market strength indicators, traders can identify Neogen entry and exit signals to maximize returns
Neogen Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Neogen's price direction in advance. Along with the technical and fundamental analysis of Neogen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Neogen to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.68) | |||
| Total Risk Alpha | (0.82) | |||
| Treynor Ratio | (0.18) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neogen. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more detail on how to invest in Neogen Stock please use our How to Invest in Neogen guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for Neogen Stock analysis
When running Neogen's price analysis, check to measure Neogen'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 Neogen is operating at the current time. Most of Neogen's value examination focuses on studying past and present price action to predict the probability of Neogen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neogen's price. Additionally, you may evaluate how the addition of Neogen to your portfolios can decrease your overall portfolio volatility.
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Is Neogen's industry 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 Neogen. If investors know Neogen 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 Neogen 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 (0.86) | Earnings Share 0.02 | Revenue Per Share 4.293 | Quarterly Revenue Growth 0.048 | Return On Assets 0.0179 |
The market value of Neogen is measured differently than its book value, which is the value of Neogen that is recorded on the company's balance sheet. Investors also form their own opinion of Neogen's value that differs from its market value or its book value, called intrinsic value, which is Neogen'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 Neogen's market value can be influenced by many factors that don't directly affect Neogen'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 Neogen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Neogen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Neogen'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.