New Providence Stock Forecast - Daily Balance Of Power

NPABUDelisted Stock  USD 12.20  0.00  0.00%   
New Stock Forecast is based on your current time horizon.
  
On April 5, 2024 New Providence Acquisition had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of New Providence Acquisition market sensitivity to bulls and bears. It estimates the ability of New Providence buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring New Providence Balance of Power indicator one can determine a trend of the price direction.
Check New Providence VolatilityBacktest New ProvidenceTrend Details  

New Providence Trading Date Momentum

On April 08 2024 New Providence Acquisition was traded for  10.78  at the closing time. The highest daily price throughout the period was 10.78  and the lowest price was  10.78 . There was no trading activity during the period 1.0. Lack of trading volume on 04/08/2024 did not cause price change. The trading delta at closing time to current closing price is 2.04% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
Compare New Providence to competition

New Providence Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with New Providence stock to make a market-neutral strategy. Peer analysis of New Providence could also be used in its relative valuation, which is a method of valuing New Providence by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

New Providence Market Strength Events

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

New Providence Risk Indicators

The analysis of New Providence's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in New Providence's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting new stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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 Investing Ideas  
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 bureau of labor statistics.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

Other Consideration for investing in New Stock

If you are still planning to invest in New Providence Acqui 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 New Providence's history and understand the potential risks before investing.
Stocks Directory
Find actively traded stocks across global markets
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Global Correlations
Find global opportunities by holding instruments from different markets
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites