Neos Russell 2000 Etf Technical Analysis
| IWMI Etf | 50.48 0.09 0.18% |
As of the 29th of January, NEOS Russell secures the risk adjusted performance of 0.092, and Mean Deviation of 0.6831. NEOS Russell 2000 technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the etf's future prices.
NEOS Russell Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as NEOS, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NEOSNEOS Russell's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.NEOS Russell 2000's market price often diverges from its book value, the accounting figure shown on NEOS's balance sheet. Smart investors calculate NEOS Russell's intrinsic value—its true economic worth—which may differ significantly from both market price and book value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Since NEOS Russell's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between NEOS Russell's value and its price as these two are different measures arrived at by different means. Investors typically determine if NEOS Russell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NEOS Russell'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.
NEOS Russell 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to NEOS Russell's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of NEOS Russell.
| 10/31/2025 |
| 01/29/2026 |
If you would invest 0.00 in NEOS Russell on October 31, 2025 and sell it all today you would earn a total of 0.00 from holding NEOS Russell 2000 or generate 0.0% return on investment in NEOS Russell over 90 days. NEOS Russell is related to or competes with Innovator Russell, Oppenheimer Russell, ProShares Ultra, Allspring Exchange, First Trust, BlackRock Total, and American Century. More
NEOS Russell Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure NEOS Russell's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess NEOS Russell 2000 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9277 | |||
| Information Ratio | 0.0564 | |||
| Maximum Drawdown | 3.76 | |||
| Value At Risk | (1.47) | |||
| Potential Upside | 1.39 |
NEOS Russell Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NEOS Russell's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NEOS Russell's standard deviation. In reality, there are many statistical measures that can use NEOS Russell historical prices to predict the future NEOS Russell's volatility.| Risk Adjusted Performance | 0.092 | |||
| Jensen Alpha | 0.0561 | |||
| Total Risk Alpha | 0.0384 | |||
| Sortino Ratio | 0.0552 | |||
| Treynor Ratio | 0.1133 |
NEOS Russell January 29, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.092 | |||
| Market Risk Adjusted Performance | 0.1233 | |||
| Mean Deviation | 0.6831 | |||
| Semi Deviation | 0.791 | |||
| Downside Deviation | 0.9277 | |||
| Coefficient Of Variation | 806.78 | |||
| Standard Deviation | 0.9077 | |||
| Variance | 0.8239 | |||
| Information Ratio | 0.0564 | |||
| Jensen Alpha | 0.0561 | |||
| Total Risk Alpha | 0.0384 | |||
| Sortino Ratio | 0.0552 | |||
| Treynor Ratio | 0.1133 | |||
| Maximum Drawdown | 3.76 | |||
| Value At Risk | (1.47) | |||
| Potential Upside | 1.39 | |||
| Downside Variance | 0.8607 | |||
| Semi Variance | 0.6257 | |||
| Expected Short fall | (0.74) | |||
| Skewness | (0.15) | |||
| Kurtosis | 0.9725 |
NEOS Russell 2000 Backtested Returns
NEOS Russell is not too volatile at the moment. NEOS Russell 2000 has Sharpe Ratio of 0.12, which conveys that the entity had a 0.12 % return per unit of volatility over the last 3 months. We have found thirty technical indicators for NEOS Russell, which you can use to evaluate the volatility of the etf. Please verify NEOS Russell's mean deviation of 0.6831, and Risk Adjusted Performance of 0.092 to check out if the risk estimate we provide is consistent with the expected return of 0.11%. The etf secures a Beta (Market Risk) of 0.9, which conveys possible diversification benefits within a given portfolio. NEOS Russell returns are very sensitive to returns on the market. As the market goes up or down, NEOS Russell is expected to follow.
Auto-correlation | 0.75 |
Good predictability
NEOS Russell 2000 has good predictability. Overlapping area represents the amount of predictability between NEOS Russell time series from 31st of October 2025 to 15th of December 2025 and 15th of December 2025 to 29th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of NEOS Russell 2000 price movement. The serial correlation of 0.75 indicates that around 75.0% of current NEOS Russell price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.77 |
NEOS Russell technical etf 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, etf market cycles, or different charting patterns.
NEOS Russell 2000 Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 NEOS Russell 2000 volatility. High ATR values indicate high volatility, and low values indicate low volatility.
About NEOS Russell 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 NEOS Russell 2000 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 NEOS Russell 2000 based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on NEOS Russell 2000 price pattern first instead of the macroeconomic environment surrounding NEOS Russell 2000. By analyzing NEOS Russell's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of NEOS Russell's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to NEOS Russell specific price patterns or momentum indicators. Please read more on our technical analysis page.
NEOS Russell January 29, 2026 Technical Indicators
Most technical analysis of NEOS 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 NEOS from various momentum indicators to cycle indicators. When you analyze NEOS 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 | 0.092 | |||
| Market Risk Adjusted Performance | 0.1233 | |||
| Mean Deviation | 0.6831 | |||
| Semi Deviation | 0.791 | |||
| Downside Deviation | 0.9277 | |||
| Coefficient Of Variation | 806.78 | |||
| Standard Deviation | 0.9077 | |||
| Variance | 0.8239 | |||
| Information Ratio | 0.0564 | |||
| Jensen Alpha | 0.0561 | |||
| Total Risk Alpha | 0.0384 | |||
| Sortino Ratio | 0.0552 | |||
| Treynor Ratio | 0.1133 | |||
| Maximum Drawdown | 3.76 | |||
| Value At Risk | (1.47) | |||
| Potential Upside | 1.39 | |||
| Downside Variance | 0.8607 | |||
| Semi Variance | 0.6257 | |||
| Expected Short fall | (0.74) | |||
| Skewness | (0.15) | |||
| Kurtosis | 0.9725 |
NEOS Russell January 29, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as NEOS stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.01 | ||
| Daily Balance Of Power | (0.23) | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 50.56 | ||
| Day Typical Price | 50.53 | ||
| Price Action Indicator | (0.13) | ||
| Market Facilitation Index | 0.40 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in NEOS Russell 2000. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
NEOS Russell 2000's market price often diverges from its book value, the accounting figure shown on NEOS's balance sheet. Smart investors calculate NEOS Russell's intrinsic value—its true economic worth—which may differ significantly from both market price and book value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Since NEOS Russell's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between NEOS Russell's value and its price as these two are different measures arrived at by different means. Investors typically determine if NEOS Russell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NEOS Russell'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.