Neonode Market Risk Adjusted Performance

NEON Stock  USD 1.64  -0.02  -1.20%   
This technical indicator view for Market Risk Adjusted Performance organizes signals for Neonode and comparable instruments. Data availability can vary by region and feed; Equity Screeners provides broader screening access. Review Correlation Analysis to understand diversified portfolio construction. Broader allocation clarity strengthens diversification analysis. This suggests a position in Neonode inside the allocation mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
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Neonode has current Market Risk Adjusted Performance of -0.15.

MRAP

 = 

ER[a] + (1/BETA - 1)

X

ER[a] - RFR)

 = 
-0.15
ER[a] = Expected return on investing in Neonode
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

Neonode Market Risk Adjusted Performance Peers Comparison

Neonode Market Risk Adjusted Performance Relative To Other Indicators

Neonode is rated below average. in market risk adjusted performance category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors .
Compare Neonode to Peers

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