Neoen SA (France) Price on October 14, 2024
| NEOEN Stock | EUR 39.54 0.04 0.10% |
If you're considering investing in Neoen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Neoen SA stands at 39.54, as last reported on the 29th of November, with the highest price reaching 39.54 and the lowest price hitting 39.47 during the day. Currently, Neoen SA is very steady. Neoen SA has Sharpe Ratio of 0.17, which conveys that the firm had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Neoen SA, which you can use to evaluate the volatility of the firm. Please verify Neoen SA's Risk Adjusted Performance of 0.0819, coefficient of variation of 686.15, and Mean Deviation of 0.1313 to check out if the risk estimate we provide is consistent with the expected return of 0.033%.
Neoen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Neoen |
Sharpe Ratio = 0.1704
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Estimated Market Risk
| 0.19 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Neoen SA is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Neoen SA by adding it to a well-diversified portfolio.
Neoen SA Valuation on October 14, 2024
It is possible to determine the worth of Neoen SA on a given historical date. On October 14, 2024 Neoen was worth 39.2 at the beginning of the trading date compared to the closed value of 39.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Neoen SA stock. Still, in general, we apply an absolute valuation method to find Neoen SA's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Neoen SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Neoen SA's related companies.
| Open | High | Low | Close | Volume | |
| 39.20 | 39.25 | 39.18 | 39.20 | 83,732 | |
10/14/2024 | 39.20 | 39.28 | 39.17 | 39.20 | 177,693 |
| 39.26 | 39.30 | 39.16 | 39.16 | 158,369 |
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Neoen SA Trading Date Momentum on October 14, 2024
| On October 15 2024 Neoen SA was traded for 39.16 at the closing time. The highest price during the trading period was 39.30 and the lowest recorded bid was listed for 39.16 . The volume for the day was 158.4 K. This history from October 15, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.10% . The trading delta at closing time to the current price is 0.51% . |
Neoen SA Fundamentals Correlations and Trends
By evaluating Neoen SA's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Neoen SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Neoen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Neoen SA Stock history
Neoen SA investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Neoen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Neoen SA will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Neoen SA stock prices may prove useful in developing a viable investing in Neoen SA
Neoen S.A., an independent renewable energy production company, engages in the design, development, finance, construction project management, and operation of renewable energy power plants. Neoen S.A. was founded in 2008 and is headquartered in Paris, France. NEOEN is traded on Paris Stock Exchange in France.
Neoen SA Stock Technical Analysis
Neoen SA technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
Neoen SA Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Neoen SA cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Neoen SA November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Neoen SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Neoen SA shares will generate the highest return on investment. By undertsting and applying Neoen SA stock market strength indicators, traders can identify Neoen SA entry and exit signals to maximize returns
Neoen SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Neoen SA's price direction in advance. Along with the technical and fundamental analysis of Neoen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Neoen to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0819 | |||
| Jensen Alpha | 0.0155 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.72) | |||
| Treynor Ratio | 0.7991 |
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Additional Tools for Neoen Stock Analysis
When running Neoen SA's price analysis, check to measure Neoen SA'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 Neoen SA is operating at the current time. Most of Neoen SA's value examination focuses on studying past and present price action to predict the probability of Neoen SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neoen SA's price. Additionally, you may evaluate how the addition of Neoen SA to your portfolios can decrease your overall portfolio volatility.