Neogen Chemicals (India) Price on November 22, 2024

NEOGEN Stock   2,004  21.60  1.07%   
Below is the normalized historical share price chart for Neogen Chemicals Limited extending back to May 08, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Neogen Chemicals stands at 2,004, as last reported on the 24th of December, with the highest price reaching 2,050 and the lowest price hitting 1,995 during the day.
200 Day MA
1.7 K
50 Day MA
2.1 K
Beta
0.385
 
Covid
If you're considering investing in Neogen Stock, it is important to understand the factors that can impact its price. Neogen Chemicals has Sharpe Ratio of -0.0429, which conveys that the firm had a -0.0429% return per unit of risk over the last 3 months. Neogen Chemicals exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Neogen Chemicals' Mean Deviation of 2.39, standard deviation of 3.15, and Risk Adjusted Performance of (0.04) to check out the risk estimate we provide.
  
At present, Neogen Chemicals' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 15.3 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 24.2 M. . Neogen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0429

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Estimated Market Risk

 3.18
  actual daily
28
72% of assets are more volatile

Expected Return

 -0.14
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Neogen Chemicals 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 Neogen Chemicals by adding Neogen Chemicals to a well-diversified portfolio.
Price Book
6.8021
Enterprise Value Ebitda
46.2496
Price Sales
7.4907
Shares Float
12.6 M
Wall Street Target Price
2.3 K

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Neogen Chemicals Valuation on November 22, 2024

It is possible to determine the worth of Neogen Chemicals on a given historical date. On November 22, 2024 Neogen was worth 1915.0 at the beginning of the trading date compared to the closed value of 1940.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Neogen Chemicals stock. Still, in general, we apply an absolute valuation method to find Neogen Chemicals' 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 Neogen Chemicals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Neogen Chemicals' related companies.
 Open High Low Close Volume
  1,930    1,987    1,868    1,934    31,385  
11/22/2024
  1,915    1,959    1,892    1,941    20,284  
  1,952    2,030    1,907    1,922    34,324  
Backtest Neogen Chemicals  |  Neogen Chemicals History  |  Neogen Chemicals Valuation   PreviousNext  
Open Value
1915.0
1940.95
Closing Value
1,925
Upside

Neogen Chemicals Trading Date Momentum on November 22, 2024

On November 25 2024 Neogen Chemicals Limited was traded for  1,922  at the closing time. The highest price during the trading period was 2,030  and the lowest recorded bid was listed for  1,907 . The volume for the day was 34.3 K. This history from November 25, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.99% . The trading delta at closing time to the current price is 10.72% .

Neogen Chemicals Fundamentals Correlations and Trends

By evaluating Neogen Chemicals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Neogen Chemicals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Neogen financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Neogen Chemicals Stock history

Neogen Chemicals 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 Neogen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Neogen Chemicals 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 Neogen Chemicals stock prices may prove useful in developing a viable investing in Neogen Chemicals
Last ReportedProjected for Next Year
Common Stock Shares Outstanding25.5 M24.2 M
Net Income Applicable To Common Shares574.7 M603.4 M

Neogen Chemicals Quarterly Net Working Capital

2.57 Billion

Neogen Chemicals Stock Technical Analysis

Neogen Chemicals technical stock 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, stock market cycles, or different charting patterns.
A focus of Neogen Chemicals technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Neogen Chemicals trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Neogen Chemicals Period Price Range

Low
December 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Neogen Chemicals Limited cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.

Neogen Chemicals December 24, 2024 Market Strength

Market strength indicators help investors to evaluate how Neogen Chemicals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Neogen Chemicals shares will generate the highest return on investment. By undertsting and applying Neogen Chemicals stock market strength indicators, traders can identify Neogen Chemicals Limited entry and exit signals to maximize returns

Neogen Chemicals Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Neogen Chemicals' price direction in advance. Along with the technical and fundamental analysis of Neogen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Neogen 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.

Complementary Tools for Neogen Stock analysis

When running Neogen Chemicals' price analysis, check to measure Neogen Chemicals' 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 Neogen Chemicals is operating at the current time. Most of Neogen Chemicals' value examination focuses on studying past and present price action to predict the probability of Neogen Chemicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neogen Chemicals' price. Additionally, you may evaluate how the addition of Neogen Chemicals to your portfolios can decrease your overall portfolio volatility.
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