NeoMagic Price on June 16, 2023
NMGCDelisted Stock | USD 0.01 0.00 0.00% |
If you're considering investing in NeoMagic Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of NeoMagic stands at 0.01, as last reported on the 23rd of December, with the highest price reaching 0.01 and the lowest price hitting 0.01 during the day. We have found twenty-four technical indicators for NeoMagic, which you can use to evaluate the volatility of the firm. Please verify NeoMagic's Mean Deviation of 4.89, downside deviation of 18.31, and Risk Adjusted Performance of 0.0101 to check out if the risk estimate we provide is consistent with the expected return of 0.0%.
NeoMagic Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
NeoMagic |
Sharpe Ratio = 0.0
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Based on monthly moving average NeoMagic 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 NeoMagic by adding NeoMagic to a well-diversified portfolio.
NeoMagic Valuation on June 16, 2023
It is possible to determine the worth of NeoMagic on a given historical date. On June 16, 2023 NeoMagic was worth 0.0076 at the beginning of the trading date compared to the closed value of 0.0122. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NeoMagic pink sheet. Still, in general, we apply an absolute valuation method to find NeoMagic'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 NeoMagic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NeoMagic's related companies.
Open | High | Low | Close | Volume | |
0.01 | 0.01 | 0.01 | 0.01 | 100.00 | |
06/16/2023 | 0.01 | 0.01 | 0.01 | 0.01 | 8,180 |
0.01 | 0.01 | 0.01 | 0.01 | 500.00 |
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NeoMagic Trading Date Momentum on June 16, 2023
On June 20 2023 NeoMagic was traded for 0.01 at the closing time. The top price for the day was 0.01 and the lowest listed price was 0.01 . The trading volume for the day was 500. The trading history from June 20, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 37.70% . The trading delta at closing time against the current closing price is 18.03% . |
NeoMagic Fundamentals Correlations and Trends
By evaluating NeoMagic'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 NeoMagic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NeoMagic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NeoMagic Pink Sheet history
NeoMagic 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 NeoMagic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NeoMagic 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 NeoMagic stock prices may prove useful in developing a viable investing in NeoMagic
NeoMagic Corporation designs and delivers semiconductors and software solutions for video, television, imaging, graphic, and audio devices. The company was founded in 1993 and is based in Milpitas, California. Neomagic Corp operates under Semiconductors classification in the United States and is traded on OTC Exchange. It employs 4 people.
NeoMagic Pink Sheet Technical Analysis
NeoMagic technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
NeoMagic Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
NeoMagic cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
NeoMagic December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how NeoMagic pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NeoMagic shares will generate the highest return on investment. By undertsting and applying NeoMagic pink sheet market strength indicators, traders can identify NeoMagic entry and exit signals to maximize returns
NeoMagic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NeoMagic's price direction in advance. Along with the technical and fundamental analysis of NeoMagic Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of NeoMagic 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 | 0.0101 | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.33) | |||
Sortino Ratio | (0) | |||
Treynor Ratio | 0.004 |
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Other Consideration for investing in NeoMagic Pink Sheet
If you are still planning to invest in NeoMagic check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the NeoMagic's history and understand the potential risks before investing.
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