Neo Neon (Taiwan) Today
| 911868 Stock | TWD 1.23 0.03 2.50% |
Performance4 of 100
| Odds Of DistressLess than 40
|
Neo Neon is trading at 1.23 as of the 19th of April 2024, a 2.50 percent increase since the beginning of the trading day. The stock's open price was 1.2. Neo Neon has about a 40 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Neo Neon Holdings Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of February 2024 and ending today, the 19th of April 2024. Click here to learn more.
Neo-Neon Holdings Limited, an investment holding company, engages in the research and development, manufacture, and sale of lighting products in North America, Europe, the Peoples Republic of China, rest of Asia, and internationally. Neo-Neon Holdings Limited is a subsidiary of THTF Energy Saving Holdings Limited. The company has 2.09 B outstanding shares. More on Neo Neon Holdings Limited
Moving together with Neo Stock
| 0.61 | 2327 | Yageo Corp | PairCorr |
Moving against Neo Stock
| 0.48 | 2882B | Cathay Financial Holding | PairCorr |
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Neo Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Neo Neon's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Neo Neon or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Han Seah |
| Business Concentration | Electronic Components, Technology (View all Sectors) |
Neo Neon Holdings Limited (911868) is traded on Taiwan Stock Exchange in Taiwan and employs 661 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.52 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Neo Neon's market, we take the total number of its shares issued and multiply it by Neo Neon's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Neo Neon Holdings operates under Technology sector and is part of Electronic Components industry. The entity has 2.09 B outstanding shares.
Neo Neon Holdings Limited has accumulated about 105.35 M in cash with (66.19 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03.
Check Neo Neon Probability Of Bankruptcy
Neo Stock Price Odds Analysis
What are Neo Neon's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Neo Neon jumping above the current price in 90 days from now is about 23.49%. The Neo Neon Holdings Limited probability density function shows the probability of Neo Neon stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Neo Neon Holdings Limited has a beta of -0.4624. This suggests as returns on the benchmark increase, returns on holding Neo Neon are expected to decrease at a much lower rate. During a bear market, however, Neo Neon Holdings Limited is likely to outperform the market. Additionally, neo Neon Holdings Limited has an alpha of 0.0422, implying that it can generate a 0.0422 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Neo Neon to move above the current price in 90 days from now is about 23.49 (This Neo Neon Holdings Limited probability density function shows the probability of Neo Stock to fall within a particular range of prices over 90 days) .
Neo Neon Holdings Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Neo Neon market risk premium is the additional return an investor will receive from holding Neo Neon long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Neo Neon. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Neo Neon's alpha and beta are two of the key measurements used to evaluate Neo Neon's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.9916 | |||
| Semi Deviation | 1.1 | |||
| Standard Deviation | 1.62 | |||
| Variance | 2.62 |
Neo Stock Against Markets
Picking the right benchmark for Neo Neon stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Neo Neon stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Neo Neon is critical whether you are bullish or bearish towards Neo Neon Holdings Limited at a given time. Please also check how Neo Neon's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Neo Neon without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Neo Neon Corporate Directors
Neo Neon corporate directors refer to members of a Neo Neon board of directors. The board of directors generally takes responsibility for the Neo Neon's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Neo Neon's board members must vote for the resolution. The Neo Neon board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Ming Li | Independent Non-Executive Director | Profile | |
| Daniel Li | Executive Director | Profile | |
| Weidong Liu | Non-Executive Director | Profile | |
| Liang Wang | Executive Director | Profile |
How to buy Neo Stock?
Before investing in Neo Neon, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Neo Neon. To buy Neo Neon stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Neo Neon. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Neo Neon stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Neo Neon Holdings Limited stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Neo Neon Holdings Limited stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Neo Neon Holdings Limited, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Neo Neon Holdings Limited?
The danger of trading Neo Neon Holdings Limited is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Neo Neon is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Neo Neon. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Neo Neon Holdings is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Neo Neon Holdings Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Neo Neon Holdings information on this page should be used as a complementary analysis to other Neo Neon's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Neo Stock analysis
When running Neo Neon's price analysis, check to measure Neo Neon'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 Neo Neon is operating at the current time. Most of Neo Neon's value examination focuses on studying past and present price action to predict the probability of Neo Neon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neo Neon's price. Additionally, you may evaluate how the addition of Neo Neon to your portfolios can decrease your overall portfolio volatility.
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