NEO Profile

NEO
 Crypto
  

USD 6.82  0.19  2.71%   

Market Performance
0 of 100
Odds Of Distress
Less than 38
NEO is trading at 6.82 as of the 5th of December 2022, a -2.71 percent down since the beginning of the trading day. NEO has about a 38 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Cryptocurrency ratings for NEO are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 10th of December 2021 and ending today, the 5th of December 2022. Click here to learn more.
NEO is peer-to-peer digital currency powered by the Blockchain technology. More on NEO
NEO is a market place for peer-to-peer digital cash-like asset called Cryptocurrency. NEO has been active in the last 3 months, and it is now trading with a bearish sentiment. Cryptocurrencies such as NEO are digital assets that allow for secure payments and are represented by ledger entries internal to the system, generally referred to as a blockchain. Blockchain implementations use encryption algorithms and cryptographic techniques that safeguard entries in the ledger. Cryptocurrency assets such as NEO are becoming very popular among investors and have been praised for their portability, inflation resistance, and transparency. However, they face a lot of criticism, including lack of tax regulations, exchange rate volatility, and infrastructure vulnerabilities.

NEO Crypto Coin Highlights

Most cryptocurrency investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend or investor sentiment. NEO's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding NEO or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
NEO generated a negative expected return over the last 90 days
NEO has high historical volatility and very poor performance
NEO is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on 23 exchanges in multiple currencies. Neo was founded by Da Hongfei and Erik Zhang in 2014 under the name Antshares. The original source code was published to GitHub in July 2015 and the MainNet subsequently launched in October 2016.In 2017, Antshares was rebranded to Neo as it implemented Smart Contracts 2.0. It underwent aggressive global expansion as hundreds of new developers poured onto the blockchain. Neo leadership began distributing NEO token rewards to groups and individuals that contributed to the growth of the Neo platform. Some of the earliest groups to join Neo included COZ, NeoEconoLabs, and O3 Labs.In 2021, Neo is being upgraded to version 3.0, known as N3. As a project that began in June 2018, the N3 upgrade represents the biggest advancement in Neo’s history. It is aimed at bringing the first all-in-one blockchain development experience to the industry, packed with powerful native features such as distributed storage, oracles, and name services. Neo N3 also boasts a simpler and more modular architecture than its predecessors, along with improved governance and economic model.Neo is an open-source community-driven blockchain platform.A feature-complete blockchain platform for building decentralized applications. Neo enables developers to digitize and automate the management of assets through smart contracts. It also provides powerful native infrastructures such as decentralized storage, oracles, and domain name service, creating a solid foundation for the Next-Gen Internet.With a total of 100 million tokens, NEO has two main features:- The right to vote in elections to determine NEO council members;- The right to claim GAS, needed to perform transactions in the NEO networkThe minimum unit of NEO is 1 and tokens are indivisible. This means if you are withdrawing from an exchange to your wallet, you must withdraw in whole numbers. It also means that NEO is one of the scarcest public blockchain tokens, as it cannot be broken down into smaller pieces.
AlgorithmdBFT2.0
Coin TypeNEO
IndustryBlockchain-Specific Application
FINMAUtility
FCAUtility
AccessPermissionless
Collateralized AssetNo
SymbolNEO
Market Performance RatingD-
NameNEO
Sponsoredfalse
White PaperView
Is Tradingtrue
Asset Launch Date2017-08-01
Full NameNEO (NEO)
Asset Website Urlhttps://neo.org/
Asset Token StatusFinished
Block Number10.16 Million
Platform Typeblockchain
Coin NameNEO
Total Coins Mined100 Million
NEO (NEO) is traded on CRYPTO Exchanges. NEO is peer-to-peer digital currency powered by the Blockchain technology.

NEO's Exchanges and Markets

EXX ZBG Switcheo Poloniex BitMart Binance DigiFinex CoinBene Bgogo LBank Liquid RightBTC HitBTC Bitfinex ZB Catex Kucoin Exmo Coinone Bibox CBX CoinEx BigONE

NEO Target Price Odds Analysis

What are NEO's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of NEO jumping above the current price in 90 days from now is about 90.28%. The NEO probability density function shows the probability of NEO crypto coin to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon NEO has a beta of -0.5495. This indicates as returns on benchmark increase, returns on holding NEO are expected to decrease at a much lower rate. During the bear market, however, NEO is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. NEO is significantly underperforming NYSE Composite.
  Odds Below 6.82HorizonTargetOdds Above 6.82
9.66%90 days
 6.82 
90.28%
Based on a normal probability distribution, the odds of NEO to move above the current price in 90 days from now is about 90.28 (This NEO probability density function shows the probability of NEO Crypto Coin to fall within a particular range of prices over 90 days) .

NEO Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. NEO market risk premium is the additional return an investor will receive from holding NEO long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in NEO. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although NEO's alpha and beta are two of the key measurements used to evaluate NEO's performance over the market, the standard measures of volatility play an important role as well.

NEO Technical Analysis

When it comes to investing in cryptocurrency, such as NEO, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of NEO, which is currently traded at 6.82, shows everything you need to know about NEO market value. You don't have to consider the fundamental factors that affect a crypto asset, such as NEO, to determine its price movements. However, the NEO's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so NEO's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project NEO's future price trend
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. NEO Price Floor Movement function is a real number to the smallest following price integer.
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NEO Against Markets

Picking the right benchmark for NEO crypto coin is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in NEO crypto coin price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for NEO is critical whether you are bullish or bearish towards NEO at a given time.

Be your own crypto manager

Our tools can tell you how much better you can do entering a position in NEO without increasing your portfolio risk or giving up the expected return. As an individual cryptocurrency investor, you need to find a reliable way to track the performance of all your tokens in a consistent way. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall cryptocurrency portfolio.

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How to invest in NEO

You need to understand the risk of getting into digital currencies such as NEO before investing. The dangers of trading cryptocurrencies are mainly related to their volatility. They are high-risk, speculative, susceptible to errors and hacking, mostly unregulated, and can be affected by forks or other discontinuation events. As an investor, you must understand these perils before you start trading. You can get a long position in NEO in four ways:

Buy NEO through an exchange

Get yourself a crypto wallet before embarking on your NEO journey. Crypto wallets exist as desktop applications, mobile apps, or websites, allowing you to secure your tokens or digital coins. Your crypto wallet stores the private keys to your tokens on the blockchain. Once you have a wallet, visit a reputable exchange and sign up for an account. You will need to complete the KYC process to be allowed to purchase NEO. But before you can buy the tokens, you have to provide a photo of your ID and proof of address, as well as a selfie. The platform will also require you to secure your account with 2FA before you can fund your account and buy the digital coins.

Purchase fractions of NEO through an exchange

You don't have to buy a full token when starting out since NEO is divisible by several decimal places. This allows you to purchase tiny fractions worth cents, but because of network fees, most platforms have a minimum figure, such as $10. You can then build your portfolio with time as you gain more confidence and learn the ropes of crypto trading.

Trade NEO through a broker

If you don't want to store your NEO Crypto Coin yourself for one reason or another, you can still trade through a broker. Brokers hold your tokens and trade frequently to generate profits. In addition, many brokerage platforms offer derivative products, such as contracts for difference, that enable you to speculate on price movements. Such products also allow brokers to accommodate leverage trading, potentially multiplying your profits.

Invest in NEO through an exchange-traded fund (ETF)

You can also invest in NEO through an exchange-traded fund (ETF). This instrument helps track an asset or select assets. You can buy and sell them on stock exchanges, making them the best option for an average investor. Some ETFs may comprise several coins to spread risk across a portfolio. Such ETFs are created and controlled by picking a basket with several coins, while favoring those that have performed well in the recent past.

Investing Ideas

In addition to having NEO in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Thematic Ideas
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Additionally, see Correlation Analysis. Note that the NEO information on this page should be used as a complementary analysis to other NEO's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

Other Tools for NEO Crypto Coin

When running NEO price analysis, check to measure NEO's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy NEO is operating at the current time. Most of NEO's value examination focuses on studying past and present price actions to predict the probability of NEO's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move NEO's coin price. Additionally, you may evaluate how adding NEO to your portfolios can decrease your overall portfolio volatility.
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