NEOS Nasdaq is trading at 52.08 as of the 23rd of November 2024. This is a 0.17 percent increase since the beginning of the trading day. The etf's open price was 51.99. NEOS Nasdaq has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for NEOS Nasdaq 100 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of August 2024 and ending today, the 23rd of November 2024. Click here to learn more.
NEOS Nasdaq is entity of United States. It is traded as Etf on NASDAQ exchange. More on NEOS Nasdaq 100
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 NEOS Nasdaq. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether NEOS Nasdaq 100 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NEOS Nasdaq'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 Neos Nasdaq 100 Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Neos Nasdaq 100 Etf:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in NEOS Nasdaq 100. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
The market value of NEOS Nasdaq 100 is measured differently than its book value, which is the value of NEOS that is recorded on the company's balance sheet. Investors also form their own opinion of NEOS Nasdaq's value that differs from its market value or its book value, called intrinsic value, which is NEOS Nasdaq'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 NEOS Nasdaq's market value can be influenced by many factors that don't directly affect NEOS Nasdaq'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 NEOS Nasdaq's value and its price as these two are different measures arrived at by different means. Investors typically determine if NEOS Nasdaq is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NEOS Nasdaq'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.