NeoMagic Performance
| NMGCDelisted Stock | USD 0.01 0.00 0.00% |
The company secures a Beta (Market Risk) of 0.48, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, NeoMagic's returns are expected to increase less than the market. However, during the bear market, the loss of holding NeoMagic is expected to be smaller as well. NeoMagic right now secures a risk of 0.0%. Please verify NeoMagic sortino ratio, semi variance, day typical price, as well as the relationship between the value at risk and kurtosis , to decide if NeoMagic will be following its current price movements.
Risk-Adjusted Performance
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Over the last 90 days NeoMagic has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound technical and fundamental indicators, NeoMagic is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| Total Cashflows From Investing Activities | -5000.00 |
NeoMagic |
NeoMagic Relative Risk vs. Return Landscape
If you would invest 0.72 in NeoMagic on September 24, 2024 and sell it today you would earn a total of 0.00 from holding NeoMagic or generate 0.0% return on investment over 90 days. NeoMagic is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of pink sheets are less volatile than NeoMagic, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
NeoMagic Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NeoMagic's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as NeoMagic, and traders can use it to determine the average amount a NeoMagic'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 = 0.0
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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 Fundamentals Growth
NeoMagic Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of NeoMagic, and NeoMagic fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on NeoMagic Pink Sheet performance.
| Return On Asset | -2.24 | ||||
| Profit Margin | (1.60) % | ||||
| Operating Margin | (1.87) % | ||||
| Current Valuation | 1.64 M | ||||
| Shares Outstanding | 64.83 M | ||||
| Price To Earning | (0.27) X | ||||
| Price To Sales | 1.45 X | ||||
| Revenue | 1.55 M | ||||
| EBITDA | (1.94 M) | ||||
| Cash And Equivalents | 437 K | ||||
| Cash Per Share | 0.01 X | ||||
| Book Value Per Share | (0) X | ||||
| Cash Flow From Operations | (881 K) | ||||
| Earnings Per Share | (0.03) X | ||||
| Total Asset | 380 K | ||||
| Retained Earnings | (126.93 M) | ||||
| Current Asset | 629 K | ||||
| Current Liabilities | 704 K | ||||
About NeoMagic Performance
By analyzing NeoMagic's fundamental ratios, stakeholders can gain valuable insights into NeoMagic's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if NeoMagic 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 NeoMagic has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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.Things to note about NeoMagic performance evaluation
Checking the ongoing alerts about NeoMagic for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for NeoMagic help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| NeoMagic is not yet fully synchronised with the market data | |
| NeoMagic has some characteristics of a very speculative penny stock | |
| NeoMagic has a very high chance of going through financial distress in the upcoming years | |
| The company has a current ratio of 0.87, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist NeoMagic until it has trouble settling it off, either with new capital or with free cash flow. So, NeoMagic's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NeoMagic sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NeoMagic to invest in growth at high rates of return. When we think about NeoMagic's use of debt, we should always consider it together with cash and equity. | |
| NeoMagic currently holds about 437 K in cash with (881 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing NeoMagic's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether NeoMagic's stock is overvalued or undervalued compared to its peers.
- Examining NeoMagic's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating NeoMagic's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NeoMagic's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NeoMagic's pink sheet. These opinions can provide insight into NeoMagic's potential for growth and whether the stock is currently undervalued or overvalued.
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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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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