NEO Price Prediction

NEO Crypto  USD 18.06  0.10  0.55%   
The RSI of NEO's share price is above 70 at the present time. This indicates that the crypto coin is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling NEO, making its price go up or down.

Oversold Vs Overbought

74

 
Oversold
 
Overbought
NEO crypto price prediction is an act of determining the future value of NEO shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of NEO's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of NEO and does not consider all of the tangible or intangible factors available from NEO's fundamental data. We analyze noise-free headlines and recent hype associated with NEO, which may create opportunities for some arbitrage if properly timed.
It is a matter of debate whether crypto price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of NEO based on different types of headlines from major news networks to social media. The NEO price prediction module provides an analysis of price elasticity to changes in media outlook on NEO over a specific investment horizon. Using NEO hype-based prediction, you can estimate the value of NEO from the perspective of NEO response to recently generated media hype and the effects of current headlines on its competitors.
This module is based on analyzing investor sentiment around taking a position in NEO. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in NEO to buy its crypto coin at a price that has no basis in reality. In that case, they are not buying NEO because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell crypto coins at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

NEO after-hype prediction price

    
  .CC 18.17  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as crypto price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out NEO Basic Forecasting Models to cross-verify your projections.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NEO's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Intrinsic
Valuation
LowRealHigh
8.3214.5620.80
Details
Naive
Forecast
LowNextHigh
10.4316.6722.91
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
17.7018.3318.97
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as NEO. Your research has to be compared to or analyzed against NEO's peers to derive any actionable benefits. When done correctly, NEO's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in NEO.

NEO After-Hype Price Prediction Density Analysis

As far as predicting the price of NEO at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in NEO or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Crypto Coin prices, such as prices of NEO, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

NEO Estimiated After-Hype Price Volatility

In the context of predicting NEO's crypto coin value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on NEO's historical news coverage. NEO's after-hype downside and upside margins for the prediction period are 11.93 and 24.41, respectively. We have considered NEO's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
18.06
18.17
After-hype Price
24.41
Upside
NEO is unusually volatile at this time. Analysis and calculation of next after-hype price of NEO is based on 3 months time horizon.

NEO Crypto Coin Price Prediction Analysis

Have you ever been surprised when a price of a Cryptocurrency such as NEO is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading NEO backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Crypto price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with NEO, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.97 
6.24
  0.11 
  0.10 
8 Events / Month
2 Events / Month
In about 8 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
18.06
18.17
0.61 
5,673  
Notes

NEO Hype Timeline

NEO is now traded for 18.06. The entity has historical hype elasticity of 0.11, and average elasticity to hype of competition of 0.1. NEO is estimated to increase in value after the next headline, with the price projected to jump to 18.17 or above. The average volatility of media hype impact on the company the price is over 100%. The price growth on the next news is anticipated to be 0.61%, whereas the daily expected return is now at 0.97%. The volatility of related hype on NEO is about 5866.67%, with the expected price after the next announcement by competition of 18.16. Assuming the 90 days trading horizon the next estimated press release will be in about 8 days.
Check out NEO Basic Forecasting Models to cross-verify your projections.

NEO Related Hype Analysis

Having access to credible news sources related to NEO's direct competition is more important than ever and may enhance your ability to predict NEO's future price movements. Getting to know how NEO's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how NEO may potentially react to the hype associated with one of its peers.

NEO Additional Predictive Modules

Most predictive techniques to examine NEO price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for NEO using various technical indicators. When you analyze NEO charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
The successful prediction of NEO price could yield a significant profit to cryptocurrency investors. Theoretically, the cryptocurrency market should be highly efficient, with prices reflecting the accessible real-world information almost immediately. The crypto trading ecosystem has experienced unprecedented growth over the last few years and continues accelerating irrespective of its volatilities and bubbles. In general, NEO and other cryptocurrencies react quickly to the market and adjust based on demand and supply. This implies that the cryptocurrency market is highly efficient, with prices reflecting the accessible real-world information almost immediately. We use internally-developed statistical techniques to arrive at the intrinsic value of NEO based on NEO hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to NEO's market risk using different technical indicators and then compare them to NEO's related cryptocurrency tokens.

Story Coverage note for NEO

The number of cover stories for NEO depends on current market conditions and NEO's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that NEO is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about NEO's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
When determining whether NEO offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NEO's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Neo Crypto.
Check out NEO Basic Forecasting Models to cross-verify your projections.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Please note, there is a significant difference between NEO's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine NEO value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, NEO's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.