New Providence Acquisition Price on May 24, 2024

NPABUDelisted Stock  USD 12.20  0.00  0.00%   
If you're considering investing in New Stock, it is important to understand the factors that can impact its price. As of today, the current price of New Providence stands at 12.20, as last reported on the 23rd of December, with the highest price reaching 12.20 and the lowest price hitting 12.20 during the day. New Providence Acqui has Sharpe Ratio of -0.0089, which conveys that the firm had a -0.0089% return per unit of risk over the last 3 months. New Providence exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify New Providence's Downside Deviation of 3.96, risk adjusted performance of 0.0237, and Mean Deviation of 0.808 to check out the risk estimate we provide.
  
New Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0089

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Estimated Market Risk

 1.44
  actual daily
12
88% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average New Providence 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 New Providence by adding New Providence to a well-diversified portfolio.

Related Headline

LENSAR Headline on 24th of May 2024

Filed transaction by LENSAR Inc Director. Grant, award or other acquisition pursuant to Rule 16b-3

New Providence Valuation on May 24, 2024

It is possible to determine the worth of New Providence on a given historical date. On May 24, 2024 New was worth 11.0 at the beginning of the trading date compared to the closed value of 11.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of New Providence stock. Still, in general, we apply an absolute valuation method to find New Providence'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 New Providence where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against New Providence's related companies.
 Open High Low Close Volume
  11.00    11.00    11.00    11.00    1.00  
05/24/2024
  11.00    11.00    11.00    11.00    1.00  
  11.07    12.09    11.07    12.07    24,178  
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Open Value
11.0
11.0
Closing Value
15.33
Upside

New Providence Trading Date Momentum on May 24, 2024

On May 28 2024 New Providence Acquisition was traded for  12.07  at the closing time. The highest daily price throughout the period was 12.09  and the lowest price was  11.07 . The daily volume was 24.2 K. The net trading volume on 05/28/2024 added to the next day price appreciation. The trading delta at closing time to closing price of the next trading day was 9.73% . The trading delta at closing time to current closing price is 12.55% .

New Providence Acqui Fundamentals Correlations and Trends

By evaluating New Providence'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 New Providence's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. New financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About New Providence Stock history

New Providence 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 New is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in New Providence Acqui 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 New Providence stock prices may prove useful in developing a viable investing in New Providence
It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more businesses in the consumer industry. The company was incorporated in 2020 and is based in Austin, Texas. New Providence operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange.

New Providence Stock Technical Analysis

New Providence 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, delisted stock market cycles, or different charting patterns.
A focus of New Providence technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of New Providence 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

New Providence Period Price Range

Low
December 23, 2024
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High

 0.00 

     

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New Providence Acquisition 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.

New Providence December 23, 2024 Market Strength

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 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for New Providence's price direction in advance. Along with the technical and fundamental analysis of New Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of New 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.
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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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.
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