Redwoods Acquisition Corp Price on May 2, 2024

RWODDelisted Stock  USD 2.34  3.30  58.51%   
If you're considering investing in Redwoods Stock, it is important to understand the factors that can impact its price. As of today, the current price of Redwoods Acquisition stands at 2.34, as last reported on the 28th of November, with the highest price reaching 5.80 and the lowest price hitting 2.22 during the day. We have found twenty-four technical indicators for Redwoods Acquisition Corp, which you can use to evaluate the volatility of the company. Please check Redwoods Acquisition's Variance of 146.51, coefficient of variation of (782.79), and Risk Adjusted Performance of (0.09) to confirm if the risk estimate we provide is consistent with the expected return of 0.0%.
  
Redwoods Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0

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Based on monthly moving average Redwoods Acquisition 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 Redwoods Acquisition by adding Redwoods Acquisition to a well-diversified portfolio.

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Redwoods Acquisition Valuation on May 2, 2024

It is possible to determine the worth of Redwoods Acquisition on a given historical date. On May 2, 2024 Redwoods was worth 6.99 at the beginning of the trading date compared to the closed value of 6.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Redwoods Acquisition stock. Still, in general, we apply an absolute valuation method to find Redwoods Acquisition'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 Redwoods Acquisition where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Redwoods Acquisition's related companies.
 Open High Low Close Volume
  7.40    7.40    5.80    6.20    44,616  
05/02/2024
  6.99    7.17    6.48    6.99    39,733  
  6.89    7.20    6.21    6.61    11,632  
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Open Value
6.99
6.99
Closing Value
6.99
Upside

Redwoods Acquisition Trading Date Momentum on May 2, 2024

On May 03 2024 Redwoods Acquisition Corp was traded for  6.61  at the closing time. The top price for the day was 7.20  and the lowest listed price was  6.21 . The trading volume for the day was 11.6 K. The trading history from May 3, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 5.44% . The trading delta at closing time against the current closing price is 11.87% .

Redwoods Acquisition Corp Fundamentals Correlations and Trends

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

About Redwoods Acquisition Stock history

Redwoods Acquisition 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 Redwoods is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Redwoods Acquisition Corp 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 Redwoods Acquisition stock prices may prove useful in developing a viable investing in Redwoods Acquisition
Redwoods Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in New York, New York. Redwoods Acquisition operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange.

Redwoods Acquisition Stock Technical Analysis

Redwoods Acquisition 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 Redwoods Acquisition technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Redwoods Acquisition 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

Redwoods Acquisition Period Price Range

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Redwoods Acquisition Corp 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.

Redwoods Acquisition November 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Redwoods Acquisition stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Redwoods Acquisition shares will generate the highest return on investment. By undertsting and applying Redwoods Acquisition stock market strength indicators, traders can identify Redwoods Acquisition Corp entry and exit signals to maximize returns

Redwoods Acquisition Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Redwoods Acquisition's price direction in advance. Along with the technical and fundamental analysis of Redwoods Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Redwoods 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 Your Equity Center 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 persons.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

Other Consideration for investing in Redwoods Stock

If you are still planning to invest in Redwoods Acquisition Corp 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 Redwoods Acquisition's history and understand the potential risks before investing.
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