New Providence Acquisition Price on September 19, 2024
NPABWDelisted Stock | USD 0.04 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 0.04, as last reported on the 13th of December 2024, with the highest price reaching 0.04 and the lowest price hitting 0.04 during the day. New Providence Acqui has Sharpe Ratio of -0.0092, which conveys that the firm had a -0.0092% return per unit of risk over the last 3 months. New Providence exposes twenty-five different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify New Providence's Risk Adjusted Performance of 0.0312, downside deviation of 17.75, and Mean Deviation of 9.13 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.
New |
Sharpe Ratio = -0.0092
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Estimated Market Risk
15.52 actual daily | 96 96% of assets are less volatile |
Expected Return
-0.14 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.
New Providence Valuation on September 19, 2024
It is possible to determine the worth of New Providence on a given historical date. On September 19, 2024 New was worth 0.04 at the beginning of the trading date compared to the closed value of 0.0399. 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 | |
0.04 | 0.05 | 0.02 | 0.04 | 91,018 | |
09/19/2024 | 0.04 | 0.04 | 0.04 | 0.04 | 27,030 |
0.04 | 0.04 | 0.04 | 0.04 | 100.00 |
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New Providence Trading Date Momentum on September 19, 2024
On September 20 2024 New Providence Acquisition was traded for 0.04 at the closing time. The highest daily price throughout the period was 0.04 and the lowest price was 0.04 . The daily volume was 100.0. The net trading volume on 09/20/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.50% . The trading delta at closing time to current closing price is 24.56% . |
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
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.
Price Boundaries
New Providence Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
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 13, 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.
Risk Adjusted Performance | 0.0312 | |||
Jensen Alpha | 0.7537 | |||
Total Risk Alpha | (1.64) | |||
Sortino Ratio | 0.0186 | |||
Treynor Ratio | (0.14) |
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Pattern Recognition | ||
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Volume Indicators |
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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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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