Neonode Stock Price on October 7, 2021
| NEON Stock | USD 1.91 0.11 6.11% |
Below is the normalized historical share price chart for Neonode extending back to November 07, 1984. 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 Neonode stands at 1.91, as last reported on the 23rd of April, with the highest price reaching 2.00 and the lowest price hitting 1.82 during the day.
If you're considering investing in Neonode Stock, it is important to understand the factors that can impact its price. We consider Neonode moderately volatile. Neonode has Sharpe Ratio of 0.0181, which conveys that the firm had a 0.0181% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Neonode, which you can use to evaluate the volatility of the firm. Please verify Neonode's Risk Adjusted Performance of 0.0082, mean deviation of 3.56, and Standard Deviation of 4.78 to check out if the risk estimate we provide is consistent with the expected return of 0.0883%.
At this time, Neonode's Total Stockholder Equity is very stable compared to the past year. As of the 23rd of April 2024, Common Stock Shares Outstanding is likely to grow to about 16.1 M, while Liabilities And Stockholders Equity is likely to drop about 11.8 M. . As of the 23rd of April 2024, Price To Sales Ratio is likely to drop to 6.73. In addition to that, Price Earnings Ratio is likely to grow to -3.29. Neonode Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of August 2007 | 200 Day MA 1.9205 | 50 Day MA 1.46 | Beta 2.039 |
Neonode |
Sharpe Ratio = 0.0181
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Estimated Market Risk
| 4.88 actual daily | 43 57% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Neonode is performing at about 1% of its full potential. 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 Neonode by adding it to a well-diversified portfolio.
Price Book 1.3155 | Enterprise Value Ebitda (0.62) | Price Sales 5.075 | Shares Float 11.6 M | Wall Street Target Price 3 |
Neonode Valuation on October 7, 2021
It is possible to determine the worth of Neonode on a given historical date. On October 7, 2021 Neonode was worth 5.2 at the beginning of the trading date compared to the closed value of 5.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Neonode stock. Still, in general, we apply an absolute valuation method to find Neonode's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Neonode where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Neonode's related companies.
| Open | High | Low | Close | Volume | |
04/07/2022 | 5.20 | 5.75 | 5.20 | 5.71 | 30,400 |
| 5.73 | 5.90 | 5.28 | 5.42 | 37,700 |
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Neonode Trading Date Momentum on October 7, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Neonode Fundamentals Correlations and Trends
By evaluating Neonode's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Neonode's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Neonode financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Neonode Stock history
Neonode 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 Neonode is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Neonode 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 Neonode stock prices may prove useful in developing a viable investing in Neonode
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 15.3 M | 16.1 M | |
| Net Loss | -5.6 M | -5.9 M |
Neonode Stock Technical Analysis
Neonode 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
Neonode Period Price Range
Low | April 7, 2022
| High |
5.20 | 5.71 |
Neonode April 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Neonode stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Neonode shares will generate the highest return on investment. By undertsting and applying Neonode stock market strength indicators, traders can identify Neonode entry and exit signals to maximize returns
| Accumulation Distribution | 2907.83 | |||
| Daily Balance Of Power | 0.9273 | |||
| Rate Of Daily Change | 1.1 | |||
| Day Median Price | 5.48 | |||
| Day Typical Price | 5.55 | |||
| Price Action Indicator | 0.49 | |||
| Period Momentum Indicator | (3.80) |
Neonode Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Neonode's price direction in advance. Along with the technical and fundamental analysis of Neonode Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Neonode 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 | 0.0082 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | (0.01) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neonode. 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. To learn how to invest in Neonode Stock, please use our How to Invest in Neonode guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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When running Neonode's price analysis, check to measure Neonode'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 Neonode is operating at the current time. Most of Neonode's value examination focuses on studying past and present price action to predict the probability of Neonode's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neonode's price. Additionally, you may evaluate how the addition of Neonode to your portfolios can decrease your overall portfolio volatility.
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Is Neonode'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 Neonode. If investors know Neonode 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 Neonode listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.66) | Revenue Per Share 0.29 | Quarterly Revenue Growth (0.47) | Return On Assets (0.33) | Return On Equity (0.55) |
The market value of Neonode is measured differently than its book value, which is the value of Neonode that is recorded on the company's balance sheet. Investors also form their own opinion of Neonode's value that differs from its market value or its book value, called intrinsic value, which is Neonode'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 Neonode's market value can be influenced by many factors that don't directly affect Neonode'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 Neonode's value and its price as these two are different measures arrived at by different means. Investors typically determine if Neonode is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Neonode'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.