Nextnav Acquisition Corp Stock Performance

NN Stock  USD 12.72  0.49  4.01%   
The company secures a Beta (Market Risk) of 0.67, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nextnav Acquisition's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nextnav Acquisition is expected to be smaller as well. At this point, Nextnav Acquisition Corp has a negative expected return of -0.17%. Please make sure to verify Nextnav Acquisition's potential upside, rate of daily change, as well as the relationship between the Rate Of Daily Change and period momentum indicator , to decide if Nextnav Acquisition Corp performance from the past will be repeated at some point in the near future.

Risk-Adjusted Performance

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Over the last 90 days Nextnav Acquisition Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest uncertain performance, the Stock's basic indicators remain healthy and the recent disarray on Wall Street may also be a sign of long period gains for the firm investors. ...more

Actual Historical Performance (%)

One Day Return
4.01
Five Day Return
3.84
Year To Date Return
(20.00)
Ten Year Return
30.46
All Time Return
30.46
1
Acquisition by Christian Gates of 24091 shares of Nextnav Acquisition subject to Rule 16b-3
11/22/2024
2
NN, Inc. Executive Management to Present at the Noble Capital Markets 20th Annual Emerging Growth Equity Conference
12/02/2024
3
Acquisition by Howe Alan B of 3469 shares of Nextnav Acquisition subject to Rule 16b-3
12/06/2024
4
Disposition of 3332 shares by Arun Raghupathy of Nextnav Acquisition at 18.32 subject to Rule 16b-3
12/16/2024
5
Disposition of 102 shares by Sammaad Shams of Nextnav Acquisition at 16.54 subject to Rule 16b-3
12/19/2024
6
NextNav Inc Shares Down 4.75 percent on Dec 31
12/31/2024
7
Why NextNav Shares Are Tumbling Today - TipRanks
01/06/2025
8
NN, Inc. Announces Release of Companys 2023 Sustainability Report
01/17/2025
9
NextNav Inc Trading Down 3.52 percent on Jan 22
01/22/2025
10
NextNav Inc Trading 6.82 percent Higher on Jan 31
01/31/2025
11
NextNav Trading Down 4.2 percent Time to Sell
02/04/2025
12
NextNav Inc Trading 5.28 percent Higher on Feb 13
02/13/2025
Begin Period Cash Flow47.2 M
  

Nextnav Acquisition Relative Risk vs. Return Landscape

If you would invest  1,510  in Nextnav Acquisition Corp on November 18, 2024 and sell it today you would lose (238.00) from holding Nextnav Acquisition Corp or give up 15.76% of portfolio value over 90 days. Nextnav Acquisition Corp is generating negative expected returns and assumes 4.6357% volatility on return distribution over the 90 days horizon. Put differently, 41% of stocks are less risky than Nextnav on the basis of their historical return distribution, and some 99% of all equities are expected to be superior in generating returns on investments over the next 90 days.
  Expected Return   
       Risk  
Allowing for the 90-day total investment horizon Nextnav Acquisition is expected to under-perform the market. In addition to that, the company is 6.5 times more volatile than its market benchmark. It trades about -0.04 of its total potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.06 per unit of volatility.

Nextnav Acquisition Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Nextnav Acquisition's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nextnav Acquisition Corp, and traders can use it to determine the average amount a Nextnav Acquisition's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0375

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Estimated Market Risk

 4.64
  actual daily
41
59% of assets are more volatile

Expected Return

 -0.17
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Nextnav 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 Nextnav Acquisition by adding Nextnav Acquisition to a well-diversified portfolio.

Nextnav Acquisition Fundamentals Growth

Nextnav Stock prices reflect investors' perceptions of the future prospects and financial health of Nextnav Acquisition, and Nextnav Acquisition fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Nextnav Stock performance.

About Nextnav Acquisition Performance

By examining Nextnav Acquisition's fundamental ratios, stakeholders can obtain critical insights into Nextnav Acquisition's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Nextnav Acquisition is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 211.39  187.90 
Return On Tangible Assets(0.48)(0.51)
Return On Capital Employed(0.38)(0.39)
Return On Assets(0.40)(0.42)
Return On Equity(0.82)(0.86)

Things to note about Nextnav Acquisition Corp performance evaluation

Checking the ongoing alerts about Nextnav Acquisition for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nextnav Acquisition Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Nextnav Acquisition generated a negative expected return over the last 90 days
Nextnav Acquisition has high historical volatility and very poor performance
The company generated the yearly revenue of 3.86 M. Annual Net Loss to common stockholders was (71.73 M) with gross Loss of (6.65 M).
Nextnav Acquisition Corp reports about 82.52 M in cash with (35.44 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.81.
Nextnav Acquisition has a frail financial position based on the latest SEC disclosures
Roughly 36.0% of the company outstanding shares are owned by corporate insiders
Latest headline from gurufocus.com: NextNav Inc Trading 5.28 percent Higher on Feb 13
Evaluating Nextnav Acquisition's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Nextnav Acquisition's stock performance include:
  • Analyzing Nextnav Acquisition's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Nextnav Acquisition's stock is overvalued or undervalued compared to its peers.
  • Examining Nextnav Acquisition's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Nextnav Acquisition's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nextnav Acquisition's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Nextnav Acquisition's stock. These opinions can provide insight into Nextnav Acquisition's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Nextnav Acquisition's stock performance is not an exact science, and many factors can impact Nextnav Acquisition's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nextnav Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nextnav Acquisition. If investors know Nextnav will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nextnav Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.74)
Revenue Per Share
0.043
Quarterly Revenue Growth
0.565
Return On Assets
(0.24)
Return On Equity
(1.15)
The market value of Nextnav Acquisition Corp is measured differently than its book value, which is the value of Nextnav that is recorded on the company's balance sheet. Investors also form their own opinion of Nextnav Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Nextnav Acquisition's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nextnav Acquisition's market value can be influenced by many factors that don't directly affect Nextnav Acquisition's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nextnav Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nextnav Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nextnav Acquisition's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.