Neogen Stock Price on September 6, 2024

NEOG Stock  USD 12.04  0.02  0.17%   
Below is the normalized historical share price chart for Neogen extending back to August 23, 1989. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Neogen stands at 12.04, as last reported on the 24th of December, with the highest price reaching 12.31 and the lowest price hitting 11.89 during the day.
IPO Date
23rd of August 1989
200 Day MA
14.9154
50 Day MA
14.0426
Beta
1.223
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Neogen Stock, it is important to understand the factors that can impact its price. Neogen has Sharpe Ratio of -0.15, which conveys that the firm had a -0.15% return per unit of risk over the last 3 months. Neogen exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Neogen's Mean Deviation of 2.28, risk adjusted performance of (0.13), and Standard Deviation of 2.93 to check out the risk estimate we provide.
  
Neogen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1518

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsNEOG

Estimated Market Risk

 2.97
  actual daily
26
74% of assets are more volatile

Expected Return

 -0.45
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.15
  actual daily
0
Most of other assets perform better
Based on monthly moving average Neogen is not performing at its full potential. However, 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 Neogen by adding Neogen to a well-diversified portfolio.
Price Book
0.8377
Enterprise Value Ebitda
20.6837
Price Sales
2.8792
Shares Float
200.6 M
Wall Street Target Price
15.75

Neogen Main Headline on 6th of September 2024

Filed transaction by Neogen Director. Grant, award or other acquisition pursuant to Rule 16b-3(d)

Neogen Valuation on September 6, 2024

It is possible to determine the worth of Neogen on a given historical date. On September 6, 2024 Neogen was worth 15.93 at the beginning of the trading date compared to the closed value of 15.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Neogen stock. Still, in general, we apply an absolute valuation method to find Neogen'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 Neogen where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Neogen's related companies.
 Open High Low Close Volume
  16.13    16.27    15.84    15.99    1,321,403  
09/06/2024
  15.93    16.12    15.38    15.42    1,679,378  
  15.33    15.55    15.20    15.35    1,936,702  
Backtest Neogen  |  Neogen History  |  Neogen Valuation   PreviousNext  
Open Value
15.93
15.42
Closing Value
24.84
Upside

Neogen Trading Date Momentum on September 6, 2024

On September 09 2024 Neogen was traded for  15.35  at the closing time. The top price for the day was 15.55  and the lowest listed price was  15.20 . The trading volume for the day was 1.9 M. The trading history from September 9, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.45% . The trading delta at closing time against the current closing price is 4.93% .

Neogen Fundamentals Correlations and Trends

By evaluating Neogen'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 Neogen's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Neogen financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Neogen Stock history

Neogen 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 Neogen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Neogen 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 Neogen stock prices may prove useful in developing a viable investing in Neogen
Neogen Corporation, together with its subsidiaries, develops, manufactures, and markets various products for food and animal safety worldwide. Neogen Corporation was incorporated in 1981 and is headquartered in Lansing, Michigan. Neogen Cp operates under Diagnostics Research classification in the United States and is traded on NASDAQ Exchange. It employs 2108 people.

Neogen Quarterly Net Working Capital

417.96 Million

Neogen Stock Technical Analysis

Neogen 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.
A focus of Neogen technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Neogen trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Neogen Period Price Range

Low
December 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Neogen cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. 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.

Neogen December 24, 2024 Market Strength

Market strength indicators help investors to evaluate how Neogen stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Neogen shares will generate the highest return on investment. By undertsting and applying Neogen stock market strength indicators, traders can identify Neogen entry and exit signals to maximize returns

Neogen Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Neogen's price direction in advance. Along with the technical and fundamental analysis of Neogen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Neogen 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.

Complementary Tools for Neogen Stock analysis

When running Neogen's price analysis, check to measure Neogen'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 Neogen is operating at the current time. Most of Neogen's value examination focuses on studying past and present price action to predict the probability of Neogen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neogen's price. Additionally, you may evaluate how the addition of Neogen to your portfolios can decrease your overall portfolio volatility.
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios