Nextnav Acquisition Corp Stock Price Prediction

NN Stock  USD 15.87  0.33  2.12%   
As of today The relative strength indicator of Nextnav Acquisition's share price is above 80 . This indicates that the stock is significantly overbought by investors. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Oversold Vs Overbought

90

 
Oversold
 
Overbought
The successful prediction of Nextnav Acquisition's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Nextnav Acquisition Corp, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Nextnav Acquisition's stock price prediction:
EPS Estimate Next Quarter
(0.16)
EPS Estimate Current Year
(0.74)
EPS Estimate Next Year
(0.46)
Wall Street Target Price
20
EPS Estimate Current Quarter
(0.15)
Using Nextnav Acquisition hype-based prediction, you can estimate the value of Nextnav Acquisition Corp from the perspective of Nextnav Acquisition response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Nextnav Acquisition to buy its stock at a price that has no basis in reality. In that case, they are not buying Nextnav because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Nextnav Acquisition after-hype prediction price

    
  USD 14.16  
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 Nextnav Acquisition Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
7.3311.1517.46
Details
Naive
Forecast
LowNextHigh
11.6015.4219.24
Details
2 Analysts
Consensus
LowTargetHigh
8.199.009.99
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.19-0.18-0.18
Details

Nextnav Acquisition After-Hype Price Prediction Density Analysis

As far as predicting the price of Nextnav Acquisition 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 Nextnav Acquisition 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 Nextnav Acquisition, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Nextnav Acquisition Estimiated After-Hype Price Volatility

In the context of predicting Nextnav Acquisition's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Nextnav Acquisition's historical news coverage. Nextnav Acquisition's after-hype downside and upside margins for the prediction period are 10.34 and 17.98, respectively. We have considered Nextnav Acquisition'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 outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
15.87
14.16
After-hype Price
17.98
Upside
Nextnav Acquisition is slightly risky at this time. Analysis and calculation of next after-hype price of Nextnav Acquisition Corp is based on 3 months time horizon.

Nextnav Acquisition Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Nextnav Acquisition is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Nextnav Acquisition 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 Nextnav Acquisition, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  1.36 
3.82
  1.71 
  0.47 
9 Events / Month
5 Events / Month
In about 9 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
15.87
14.16
10.78 
303.17  
Notes

Nextnav Acquisition Hype Timeline

As of November 24, 2024 Nextnav Acquisition Corp is listed for 15.87. The entity has historical hype elasticity of -1.71, and average elasticity to hype of competition of 0.47. Nextnav is estimated to decline in value after the next headline, with the price expected to drop to 14.16. The average volatility of media hype impact on the company price is over 100%. The price decline on the next news is expected to be -10.78%, whereas the daily expected return is now at 1.36%. The volatility of related hype on Nextnav Acquisition is about 1111.27%, with the expected price after the next announcement by competition of 16.34. About 36.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.74. Nextnav Acquisition Corp had not issued any dividends in recent years. Allowing for the 90-day total investment horizon the next estimated press release will be in about 9 days.
Check out Nextnav Acquisition Basic Forecasting Models to cross-verify your projections.

Nextnav Acquisition Related Hype Analysis

Having access to credible news sources related to Nextnav Acquisition's direct competition is more important than ever and may enhance your ability to predict Nextnav Acquisition's future price movements. Getting to know how Nextnav Acquisition'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 Nextnav Acquisition may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
GCTGigaCloud Technology Class 1.39 11 per month 4.91  0.05  9.70 (7.70) 30.15 
ARQQArqit Quantum 1.15 3 per month 7.96  0.09  24.01 (13.79) 58.48 
TLSTelos Corp(0.39)12 per month 3.76 (0.02) 7.85 (5.90) 25.89 
CETXCemtrex 0.12 6 per month 0.00 (0.41) 10.53 (33.80) 57.84 
AUIDauthID Inc(0.10)10 per month 0.00 (0.06) 8.74 (8.74) 29.47 
DTSSDatasea 0.00 6 per month 7.14  0.07  11.40 (9.20) 61.49 
PRTHPriority Technology Holdings 0.58 10 per month 3.28  0.14  11.49 (5.60) 22.62 
DROPFuse Science 0.00 0 per month 12.49  0.09  36.54 (23.08) 171.33 

Nextnav Acquisition Additional Predictive Modules

Most predictive techniques to examine Nextnav price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Nextnav using various technical indicators. When you analyze Nextnav 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.

About Nextnav Acquisition Predictive Indicators

The successful prediction of Nextnav Acquisition stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Nextnav Acquisition Corp, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Nextnav Acquisition based on analysis of Nextnav Acquisition hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Nextnav Acquisition's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Nextnav Acquisition's related companies.
 2023 2024 (projected)
Payables Turnover32.5916.55
Days Of Inventory On Hand211.39187.9

Story Coverage note for Nextnav Acquisition

The number of cover stories for Nextnav Acquisition depends on current market conditions and Nextnav Acquisition's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Nextnav Acquisition 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 Nextnav Acquisition's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Nextnav Acquisition Short Properties

Nextnav Acquisition's future price predictability will typically decrease when Nextnav Acquisition's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Nextnav Acquisition Corp often depends not only on the future outlook of the potential Nextnav Acquisition's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Nextnav Acquisition's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding108 M
Cash And Short Term Investments85.8 M
Check out Nextnav Acquisition Basic Forecasting Models to cross-verify your projections.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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.