Neo Performance Materials Stock Analysis

Neo OTC Stock Analysis Notes

About 20.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.71. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Neo Performance Materials last dividend was issued on the 19th of December 2022. Neo Performance Materials Inc. manufactures and sells rare earth, magnetic powders, magnets, and rare metal-based functional materials in Canada and internationally. The company was founded in 1994 and is headquartered in Toronto, Canada. NEO Performance operates under Specialty Chemicals classification in the United States and is traded on OTC Exchange. It employs 1845 people.The quote for Neo Performance Materials is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. To find out more about Neo Performance Materials contact BASc MASc at 416-367-8588 or learn more at https://www.neomaterials.com.

Neo Performance Materials Investment Alerts

Neo Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 391.11 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Neo Performance's market, we take the total number of its shares issued and multiply it by Neo Performance'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 Profitablity

The company has Profit Margin (PM) of 0.06 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.1 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.1.

Technical Drivers

As of the 22nd of July, Neo Performance secures the Risk Adjusted Performance of 0.203, downside deviation of 3.81, and Mean Deviation of 2.64. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Neo Performance Materials, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We have collected data for nineteen technical drivers for Neo Performance, which can be compared to its peers in the industry. Please verify Neo Performance Materials treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Neo Performance Materials is priced some-what accurately, providing market reflects its recent price of 12.65 per share. Given that Neo Performance Materials has jensen alpha of 0.5427, we recommend you to check Neo Performance's last-minute market performance to make sure the company can sustain itself at a future point.

Neo Performance Materials Price Movement Analysis

Neo Performance Predictive Daily Indicators

Neo Performance Forecast Models

Neo Performance's time-series forecasting models are one of many Neo Performance's otc stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Neo Performance's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how Neo Performance prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Neo shares will generate the highest return on investment. We also built our otc analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual OTC such as Neo Performance. By using and applying Neo OTC Stock analysis, traders can create a robust methodology for identifying Neo entry and exit points for their positions.

When running Neo Performance's price analysis, check to measure Neo Performance'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 Performance is operating at the current time. Most of Neo Performance's value examination focuses on studying past and present price action to predict the probability of Neo Performance'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 Performance's price. Additionally, you may evaluate how the addition of Neo Performance to your portfolios can decrease your overall portfolio volatility.