We consider Neocity Group not too risky. Neocity Group for
has Sharpe Ratio of 0.2582 which conveys that Neocity Group for
had 0.2582% of return per unit of risk over the last 1 month. Our philosophy towards estimating volatility of a stock is to use all available market data together with stock specific technical indicators
that cannot be diversified away. We have found twenty-one technical indicators
for Neocity Group which you can use to evaluate future volatility of the firm. Please verify Neocity Group for Investments and Holdings Ltd Mean Deviation
of 0.4959 and Risk Adjusted Performance
of 0.18 to check out if risk estimate we provide are consistent with the epected return of 0.1456%. Neocity Group has performance score of 17 on a scale of 0 to 100. The company secures Beta (Market Risk) of -0.041 which conveys that as returns on market increase, returns on owning Neocity Group are expected to decrease at a much smaller rate. During bear market, Neocity Group is likely to outperform the market.. Although it is extremely important to respect Neocity Group for price patterns, it is better to be realistic regarding the information on equity historical price patterns. The philosophy towards estimating future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Neocity Group for technical indicators you can presently evaluate if the expected return of 0.1456% will be sustainable into the future. Neocity Group for right now secures a risk of 0.5639%. Please verify Neocity Group for Investments and Holdings Ltd Treynor Ratio as well as the relationship between Downside Variance and Kurtosis to decide if Neocity Group for Investments and Holdings Ltd will be following its current price movements.