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.
New |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.3689 | 0.2751 |
| Check New Providence Volatility | Backtest New Providence | Trend Details |
New Providence Trading Date Momentum
| On June 06 2024 New Providence Acquisition was traded for 11.73 at the closing time. The highest daily price throughout the period was 14.00 and the lowest price was 11.60 . The daily volume was 11.2 K. The net trading volume on 06/06/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 11.54% . The trading delta at closing time to current closing price is 0.53% . |
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.
| Mean Deviation | 0.808 | |||
| Semi Deviation | 1.4 | |||
| Standard Deviation | 1.89 | |||
| Variance | 3.58 | |||
| Downside Variance | 15.67 | |||
| Semi Variance | 1.95 | |||
| Expected Short fall | (2.71) |
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
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.
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |