Nextnav Warrant Stock Price on November 27, 2023
| NNAVW Stock | USD 5.70 0.70 10.94% |
If you're considering investing in NextNav Stock, it is important to understand the factors that can impact its price. As of today, the current price of NextNav Warrant stands at 5.70, as last reported on the 20th of December, with the highest price reaching 6.50 and the lowest price hitting 5.67 during the day. NextNav Warrant is unstable given 3 months investment horizon. NextNav Warrant has Sharpe Ratio of 0.27, which conveys that the firm had a 0.27% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.34% are justified by taking the suggested risk. Use NextNav Warrant Risk Adjusted Performance of 0.2527, downside deviation of 4.92, and Mean Deviation of 3.75 to evaluate company specific risk that cannot be diversified away.
At this time, NextNav Warrant's Total Stockholder Equity is fairly stable compared to the past year. Sale Purchase Of Stock is expected to grow at the current pace this year, whereas Common Stock Shares Outstanding is likely to drop slightly above 60.1 M in 2024. . Price To Sales Ratio is likely to drop to 118.19 in 2024. Price Earnings Ratio is likely to drop to -7.03 in 2024. NextNav Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NextNav |
Sharpe Ratio = 0.2701
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | NNAVW | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.97 actual daily | 44 56% of assets are more volatile |
Expected Return
| 1.34 actual daily | 26 74% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average NextNav Warrant is performing at about 21% of its full potential. 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 NextNav Warrant by adding it to a well-diversified portfolio.
Book Value 0.514 | Shares Float 66.5 M | Shares Short Prior Month 26.8 K | Earnings Share (1.37) | Shares Short 8.8 K |
NextNav Warrant Valuation on November 27, 2023
It is possible to determine the worth of NextNav Warrant on a given historical date. On November 27, 2023 NextNav was worth 1.06 at the beginning of the trading date compared to the closed value of 1.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NextNav Warrant stock. Still, in general, we apply an absolute valuation method to find NextNav Warrant's 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 NextNav Warrant where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NextNav Warrant's related companies.
| Open | High | Low | Close | Volume | |
| 1.00 | 1.00 | 1.00 | 1.00 | 2,502 | |
11/27/2023 | 1.06 | 1.09 | 1.05 | 1.05 | 2,360 |
| 1.01 | 1.01 | 0.96 | 0.97 | 4,089 |
| Backtest NextNav Warrant | | | NextNav Warrant History | | | NextNav Warrant Valuation | Previous | Next |
NextNav Warrant Trading Date Momentum on November 27, 2023
| On November 28 2023 NextNav Warrant was traded for 0.97 at the closing time. The highest daily price throughout the period was 1.01 and the lowest price was 0.96 . The daily volume was 4.1 K. The net trading volume on 11/28/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 7.62% . The trading delta at closing time to current closing price is 12.38% . |
NextNav Warrant Fundamentals Correlations and Trends
By evaluating NextNav Warrant's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among NextNav Warrant's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NextNav financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NextNav Warrant Stock history
NextNav Warrant 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 NextNav is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NextNav Warrant 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 NextNav Warrant stock prices may prove useful in developing a viable investing in NextNav Warrant
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 108 M | 60.1 M |
NextNav Warrant Quarterly Net Working Capital |
|
NextNav Warrant Stock Technical Analysis
NextNav Warrant 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.
Price Boundaries
NextNav Warrant Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
NextNav Warrant cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. 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.
NextNav Warrant December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how NextNav Warrant stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NextNav Warrant shares will generate the highest return on investment. By undertsting and applying NextNav Warrant stock market strength indicators, traders can identify NextNav Warrant entry and exit signals to maximize returns
NextNav Warrant Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NextNav Warrant's price direction in advance. Along with the technical and fundamental analysis of NextNav Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NextNav 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.
| Risk Adjusted Performance | 0.2527 | |||
| Jensen Alpha | 1.51 | |||
| Total Risk Alpha | 1.35 | |||
| Sortino Ratio | 0.3001 | |||
| Treynor Ratio | (3.03) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for NextNav Stock Analysis
When running NextNav Warrant's price analysis, check to measure NextNav Warrant's 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 NextNav Warrant is operating at the current time. Most of NextNav Warrant's value examination focuses on studying past and present price action to predict the probability of NextNav Warrant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NextNav Warrant's price. Additionally, you may evaluate how the addition of NextNav Warrant to your portfolios can decrease your overall portfolio volatility.