NEO Performance
| NEO Crypto | USD 8.18 0.01 0.12% |
The crypto secures a Beta (Market Risk) of -0.45, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning NEO are expected to decrease at a much lower rate. During the bear market, NEO is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days NEO has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Crypto's basic indicators remain rather sound which may send shares a bit higher in April 2025. The latest tumult may also be a sign of longer-term up-swing for NEO shareholders. ...more
NEO |
NEO Relative Risk vs. Return Landscape
If you would invest 1,549 in NEO on December 17, 2024 and sell it today you would lose (731.00) from holding NEO or give up 47.19% of portfolio value over 90 days. NEO is producing return of less than zero assuming 5.5716% volatility of returns over the 90 days investment horizon. Simply put, 49% of all crypto coins have less volatile historical return distribution than NEO, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
NEO Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NEO's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as NEO, and traders can use it to determine the average amount a NEO's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1501
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NEO |
Estimated Market Risk
| 5.57 actual daily | 49 51% of assets are more volatile |
Expected Return
| -0.84 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 NEO 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 NEO by adding NEO to a well-diversified portfolio.
About NEO Performance
By analyzing NEO's fundamental ratios, stakeholders can gain valuable insights into NEO's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if NEO has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if NEO has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
NEO is peer-to-peer digital currency powered by the Blockchain technology.| NEO generated a negative expected return over the last 90 days | |
| NEO has high historical volatility and very poor performance |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NEO. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.