New Providence Stock Forward View

NPACW Stock   0.56  0.13  30.23%   
New Stock outlook is based on your current time horizon.
At this time, the value of RSI of New Providence's share price is approaching 34. This indicates that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling New Providence, making its price go up or down.

Momentum 34

 Sell Stretched

 
Oversold
 
Overbought
The successful prediction of New Providence's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of New Providence and does not consider all of the tangible or intangible factors available from New Providence's fundamental data. We analyze noise-free headlines and recent hype associated with New Providence Acquisition, which may create opportunities for some arbitrage if properly timed.
Using New Providence hype-based prediction, you can estimate the value of New Providence Acquisition from the perspective of New Providence response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of New Providence Acquisition on the next trading day is expected to be 0.56 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 2.09.

New Providence after-hype prediction price

    
  USD 0.58  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
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 services.

New Providence Additional Predictive Modules

Most predictive techniques to examine New price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for New using various technical indicators. When you analyze New charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
A naive forecasting model for New Providence is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of New Providence Acquisition value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

New Providence Naive Prediction Price Forecast For the 22nd of February

Given 90 days horizon, the Naive Prediction forecasted value of New Providence Acquisition on the next trading day is expected to be 0.56 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 2.09.
Please note that although there have been many attempts to predict New Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that New Providence's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

New Providence Stock Forecast Pattern

Backtest New Providence  New Providence Price Prediction  Research Analysis  

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of New Providence stock data series using in forecasting. Note that when a statistical model is used to represent New Providence stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria111.8414
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0343
MAPEMean absolute percentage error0.0691
SAESum of the absolute errors2.0928
This model is not at all useful as a medium-long range forecasting tool of New Providence Acquisition. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict New Providence. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for New Providence

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as New Providence Acqui. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of New Providence's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.030.5815.28
Details
Intrinsic
Valuation
LowRealHigh
0.030.5315.23
Details
Bollinger
Band Projection (param)
LowMiddleHigh
-0.250.551.36
Details

New Providence After-Hype Price Density Analysis

As far as predicting the price of New Providence at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in New Providence or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of New Providence, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

New Providence Estimiated After-Hype Price Volatility

In the context of predicting New Providence's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on New Providence's historical news coverage. New Providence's after-hype downside and upside margins for the prediction period are 0.03 and 15.28, respectively. We have considered New Providence's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
0.56
0.58
After-hype Price
15.28
Upside
New Providence is out of control at this time. Analysis and calculation of next after-hype price of New Providence Acqui is based on 3 months time horizon.

New Providence Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as New Providence is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading New Providence backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with New Providence, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  1.78 
14.70
  0.02 
  0.02 
3 Events / Month
3 Events / Month
In about 3 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.56
0.58
3.57 
147,000  
Notes

New Providence Hype Timeline

New Providence Acqui is now traded for 0.56. The entity has historical hype elasticity of 0.02, and average elasticity to hype of competition of -0.02. New is forecasted to increase in value after the next headline, with the price projected to jump to 0.58 or above. The average volatility of media hype impact on the company the price is over 100%. The price increase on the next news is projected to be 3.57%, whereas the daily expected return is now at 1.78%. The volatility of related hype on New Providence is about 117600.0%, with the expected price after the next announcement by competition of 0.54. Assuming the 90 days horizon the next forecasted press release will be in about 3 days.
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 services.

New Providence Related Hype Analysis

Having access to credible news sources related to New Providence's direct competition is more important than ever and may enhance your ability to predict New Providence's future price movements. Getting to know how New Providence's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how New Providence may potentially react to the hype associated with one of its peers.

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.

Story Coverage note for New Providence

The number of cover stories for New Providence depends on current market conditions and New Providence's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that New Providence is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about New Providence's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

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Additional Tools for New Stock Analysis

When running New Providence's price analysis, check to measure New Providence'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 New Providence is operating at the current time. Most of New Providence's value examination focuses on studying past and present price action to predict the probability of New Providence's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Providence's price. Additionally, you may evaluate how the addition of New Providence to your portfolios can decrease your overall portfolio volatility.