Neolife SA's market value is the price at which a share of Neolife SA trades on a public exchange. It measures the collective expectations of Neolife SA investors about its performance. Neolife SA is selling at 0.064 as of the 11th of January 2025; that is 1.54% down since the beginning of the trading day. The stock's last reported lowest price was 0.0638. With this module, you can estimate the performance of a buy and hold strategy of Neolife SA and determine expected loss or profit from investing in Neolife SA over a given investment horizon. Check out Neolife SA Correlation, Neolife SA Volatility and Neolife SA Alpha and Beta module to complement your research on Neolife SA.
Please note, there is a significant difference between Neolife SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Neolife SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Neolife SA'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.
Neolife SA '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 Neolife SA's stock 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 Neolife SA.
0.00
01/22/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
01/11/2025
0.00
If you would invest 0.00 in Neolife SA on January 22, 2023 and sell it all today you would earn a total of 0.00 from holding Neolife SA or generate 0.0% return on investment in Neolife SA over 720 days. Neolife SA is related to or competes with DBT SA, Drone Volt, and Gaussin. Its solutions enable architects, landscapists, design offices, and building technicians to meet environmental specificat... More
Neolife SA 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 Neolife SA's stock 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 Neolife SA upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Neolife SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Neolife SA's standard deviation. In reality, there are many statistical measures that can use Neolife SA historical prices to predict the future Neolife SA's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Neolife SA. Your research has to be compared to or analyzed against Neolife SA's peers to derive any actionable benefits. When done correctly, Neolife SA's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Neolife SA.
Neolife SA Backtested Returns
Neolife SA appears to be out of control, given 3 months investment horizon. Neolife SA has Sharpe Ratio of 0.0839, which conveys that the firm had a 0.0839% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Neolife SA, which you can use to evaluate the volatility of the firm. Please exercise Neolife SA's Downside Deviation of 2.49, mean deviation of 2.03, and Risk Adjusted Performance of 0.061 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Neolife SA holds a performance score of 6. The company secures a Beta (Market Risk) of 0.0303, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Neolife SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Neolife SA is expected to be smaller as well. Please check Neolife SA's sortino ratio, skewness, period momentum indicator, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether Neolife SA's current price movements will revert.
Auto-correlation
0.07
Virtually no predictability
Neolife SA has virtually no predictability. Overlapping area represents the amount of predictability between Neolife SA time series from 22nd of January 2023 to 17th of January 2024 and 17th of January 2024 to 11th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Neolife SA price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Neolife SA price fluctuation can be explain by its past prices.
Correlation Coefficient
0.07
Spearman Rank Test
-0.18
Residual Average
0.0
Price Variance
0.0
Neolife SA lagged returns against current returns
Autocorrelation, which is Neolife SA stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Neolife SA's stock expected returns. We can calculate the autocorrelation of Neolife SA returns to help us make a trade decision. For example, suppose you find that Neolife SA has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Neolife SA regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Neolife SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Neolife SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Neolife SA stock over time.
Current vs Lagged Prices
Timeline
Neolife SA Lagged Returns
When evaluating Neolife SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Neolife SA stock have on its future price. Neolife SA autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Neolife SA autocorrelation shows the relationship between Neolife SA stock current value and its past values and can show if there is a momentum factor associated with investing in Neolife SA.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When running Neolife SA's price analysis, check to measure Neolife 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 Neolife SA is operating at the current time. Most of Neolife SA's value examination focuses on studying past and present price action to predict the probability of Neolife 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 Neolife SA's price. Additionally, you may evaluate how the addition of Neolife SA to your portfolios can decrease your overall portfolio volatility.