NEO Technical Analysis
| NEO Crypto | USD 18.64 1.26 7.25% |
As of the 19th of April, NEO secures the mean deviation of 4.2, and Risk Adjusted Performance of 0.0997. In respect to fundamental indicators, the technical analysis model lets you check practical technical drivers of NEO, as well as the relationship between them. Strictly speaking, you can use this information to find out if the crypto will indeed mirror its model of past prices, or the prices will eventually revert. We were able to break down and interpolate data for nineteen technical drivers for NEO, which can be compared to its peers in the industry. Please verify NEO jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if NEO is priced more or less accurately, providing market reflects its recent price of 18.64 per share.
NEO Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as NEO, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NEONEO |
NEO technical crypto coin 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, crypto market cycles, or different charting patterns.
NEO Technical Analysis
The output start index for this execution was fifty with a total number of output elements of eleven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of NEO volatility. High ATR values indicate high volatility, and low values indicate low volatility.
NEO Trend Analysis
Use this graph to draw trend lines for NEO. You can use it to identify possible trend reversals for NEO as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual NEO price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.NEO Best Fit Change Line
The following chart estimates an ordinary least squares regression model for NEO applied against its price change over selected period. The best fit line has a slop of 0.13 , which means NEO will continue generating value for investors. It has 122 observation points and a regression sum of squares at 665.58, which is the sum of squared deviations for the predicted NEO price change compared to its average price change.About NEO Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of NEO on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of NEO based on its technical analysis. In general, a bottom-up approach, as applied to this cryptocurrency, focuses on NEO price pattern first instead of the macroeconomic environment surrounding NEO. By analyzing daily price indicators and various types of growth rates, we attempt to find the most accurate representation of NEO's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the crypto market before zooming in to NEO specific price patterns or momentum indicators.
NEO April 19, 2024 Technical Indicators
Most technical analysis of NEO help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for NEO from various momentum indicators to cycle indicators. When you analyze NEO charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0997 | |||
| Market Risk Adjusted Performance | 7.13 | |||
| Mean Deviation | 4.2 | |||
| Semi Deviation | 5.67 | |||
| Downside Deviation | 6.46 | |||
| Coefficient Of Variation | 681.49 | |||
| Standard Deviation | 6.29 | |||
| Variance | 39.57 | |||
| Information Ratio | 0.1358 | |||
| Jensen Alpha | 0.9055 | |||
| Total Risk Alpha | 0.3167 | |||
| Sortino Ratio | 0.1323 | |||
| Treynor Ratio | 7.12 | |||
| Maximum Drawdown | 36.93 | |||
| Value At Risk | (10.22) | |||
| Potential Upside | 11.1 | |||
| Downside Variance | 41.72 | |||
| Semi Variance | 32.17 | |||
| Expected Short fall | (4.24) | |||
| Skewness | 0.428 | |||
| Kurtosis | 2.02 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NEO. Also, note that the market value of any cryptocurrency could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.