Nextnav Warrant Stock Market Value
| NNAVW Stock | USD 6.60 0.23 3.61% |
| Symbol | NextNav |
NextNav Warrant Price To Book Ratio
Is Movies & Entertainment 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 Warrant. 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 Warrant listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.37) | 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 Warrant 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 Warrant's value that differs from its market value or its book value, called intrinsic value, which is NextNav Warrant'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 Warrant's market value can be influenced by many factors that don't directly affect NextNav Warrant'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 Warrant's value and its price as these two are different measures arrived at by different means. Investors typically determine if NextNav Warrant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NextNav Warrant'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.
NextNav Warrant 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to NextNav Warrant's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of NextNav Warrant.
| 05/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in NextNav Warrant on May 9, 2023 and sell it all today you would earn a total of 0.00 from holding NextNav Warrant or generate 0.0% return on investment in NextNav Warrant over 570 days. Spartacus Acquisition Corporation intends to effect a merger, capital stock exchange, asset acquisition, stock purchase,... More
NextNav Warrant Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure NextNav Warrant's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess NextNav Warrant upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.95 | |||
| Information Ratio | 0.3384 | |||
| Maximum Drawdown | 24.31 | |||
| Value At Risk | (6.75) | |||
| Potential Upside | 11.83 |
NextNav Warrant Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NextNav Warrant's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NextNav Warrant's standard deviation. In reality, there are many statistical measures that can use NextNav Warrant historical prices to predict the future NextNav Warrant's volatility.| Risk Adjusted Performance | 0.2868 | |||
| Jensen Alpha | 1.72 | |||
| Total Risk Alpha | 1.07 | |||
| Sortino Ratio | 0.3462 | |||
| Treynor Ratio | 1.89 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NextNav Warrant'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.
NextNav Warrant Backtested Returns
NextNav Warrant is relatively risky given 3 months investment horizon. NextNav Warrant has Sharpe Ratio of 0.37, which conveys that the firm had a 0.37% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.79% are justified by taking the suggested risk. Use NextNav Warrant Mean Deviation of 3.75, risk adjusted performance of 0.2868, and Downside Deviation of 4.95 to evaluate company specific risk that cannot be diversified away. NextNav Warrant holds a performance score of 29 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 0.97, which conveys possible diversification benefits within a given portfolio. NextNav Warrant returns are very sensitive to returns on the market. As the market goes up or down, NextNav Warrant is expected to follow. Use NextNav Warrant treynor ratio, expected short fall, as well as the relationship between the Expected Short fall and day median price , to analyze future returns on NextNav Warrant.
Auto-correlation | 0.54 |
Modest predictability
NextNav Warrant has modest predictability. Overlapping area represents the amount of predictability between NextNav Warrant time series from 9th of May 2023 to 18th of February 2024 and 18th of February 2024 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of NextNav Warrant price movement. The serial correlation of 0.54 indicates that about 54.0% of current NextNav Warrant price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.51 |
NextNav Warrant lagged returns against current returns
Autocorrelation, which is NextNav Warrant stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting NextNav Warrant's stock expected returns. We can calculate the autocorrelation of NextNav Warrant returns to help us make a trade decision. For example, suppose you find that NextNav Warrant has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
NextNav Warrant regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If NextNav Warrant stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NextNav Warrant stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NextNav Warrant stock over time.
Current vs Lagged Prices |
| Timeline |
NextNav Warrant Lagged Returns
When evaluating NextNav Warrant's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NextNav Warrant stock have on its future price. NextNav Warrant autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, NextNav Warrant autocorrelation shows the relationship between NextNav Warrant stock current value and its past values and can show if there is a momentum factor associated with investing in NextNav Warrant.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for NextNav Stock Analysis
When running NextNav Warrant's price analysis, check to measure NextNav Warrant'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 NextNav Warrant is operating at the current time. Most of NextNav Warrant's value examination focuses on studying past and present price action to predict the probability of NextNav Warrant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NextNav Warrant's price. Additionally, you may evaluate how the addition of NextNav Warrant to your portfolios can decrease your overall portfolio volatility.