Northview Acquisition Stock Market Value
| NVACR Stock | USD 0.07 0.03 85.51% |
| Symbol | NorthView |
NorthView Acquisition Price To Book Ratio
Is Multi-Sector Holdings 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 NorthView Acquisition. If investors know NorthView 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 NorthView Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.934 | Return On Assets (0.1) |
The market value of NorthView Acquisition is measured differently than its book value, which is the value of NorthView that is recorded on the company's balance sheet. Investors also form their own opinion of NorthView Acquisition's value that differs from its market value or its book value, called intrinsic value, which is NorthView 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 NorthView Acquisition's market value can be influenced by many factors that don't directly affect NorthView 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 NorthView Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if NorthView Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NorthView 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.
NorthView Acquisition '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 NorthView Acquisition'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 NorthView Acquisition.
| 04/30/2024 |
| 12/26/2024 |
If you would invest 0.00 in NorthView Acquisition on April 30, 2024 and sell it all today you would earn a total of 0.00 from holding NorthView Acquisition or generate 0.0% return on investment in NorthView Acquisition over 240 days. NorthView Acquisition is related to or competes with Visa, Diamond Hill, Distoken Acquisition, AllianceBernstein, Associated Capital, Brookfield Corp, and Blackstone. NorthView Acquisition Corporation focuses on effecting a merger, capital stock exchange, asset acquisition, stock purcha... More
NorthView Acquisition 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 NorthView Acquisition'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 NorthView Acquisition upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 18.29 | |||
| Information Ratio | 0.021 | |||
| Maximum Drawdown | 84.21 | |||
| Value At Risk | (27.63) | |||
| Potential Upside | 28.8 |
NorthView Acquisition Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NorthView Acquisition's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NorthView Acquisition's standard deviation. In reality, there are many statistical measures that can use NorthView Acquisition historical prices to predict the future NorthView Acquisition's volatility.| Risk Adjusted Performance | 0.0284 | |||
| Jensen Alpha | 0.394 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | 0.0197 | |||
| Treynor Ratio | 7.37 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NorthView Acquisition'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.
NorthView Acquisition Backtested Returns
NorthView Acquisition is out of control given 3 months investment horizon. NorthView Acquisition has Sharpe Ratio of 0.0839, which conveys that the firm had a 0.0839% return per unit of risk over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.99% are justified by taking the suggested risk. Use NorthView Acquisition Downside Deviation of 18.29, risk adjusted performance of 0.0284, and Mean Deviation of 11.17 to evaluate company specific risk that cannot be diversified away. NorthView Acquisition holds a performance score of 6 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 0.0537, which conveys not very significant fluctuations relative to the market. As returns on the market increase, NorthView Acquisition's returns are expected to increase less than the market. However, during the bear market, the loss of holding NorthView Acquisition is expected to be smaller as well. Use NorthView Acquisition potential upside, as well as the relationship between the kurtosis and day typical price , to analyze future returns on NorthView Acquisition.
Auto-correlation | 0.32 |
Below average predictability
NorthView Acquisition has below average predictability. Overlapping area represents the amount of predictability between NorthView Acquisition time series from 30th of April 2024 to 28th of August 2024 and 28th of August 2024 to 26th of December 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 NorthView Acquisition price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current NorthView Acquisition price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
NorthView Acquisition lagged returns against current returns
Autocorrelation, which is NorthView Acquisition 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 NorthView Acquisition's stock expected returns. We can calculate the autocorrelation of NorthView Acquisition returns to help us make a trade decision. For example, suppose you find that NorthView Acquisition 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 |
NorthView Acquisition 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 NorthView Acquisition stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NorthView Acquisition stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NorthView Acquisition stock over time.
Current vs Lagged Prices |
| Timeline |
NorthView Acquisition Lagged Returns
When evaluating NorthView Acquisition's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NorthView Acquisition stock have on its future price. NorthView Acquisition 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, NorthView Acquisition autocorrelation shows the relationship between NorthView Acquisition stock current value and its past values and can show if there is a momentum factor associated with investing in NorthView Acquisition.
Regressed Prices |
| Timeline |
Pair Trading with NorthView Acquisition
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NorthView Acquisition position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NorthView Acquisition will appreciate offsetting losses from the drop in the long position's value.Moving against NorthView Stock
| 0.46 | DX | Dynex Capital | PairCorr |
| 0.4 | PX | P10 Inc | PairCorr |
| 0.39 | BX | Blackstone Group Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.37 | DIST | Distoken Acquisition | PairCorr |
| 0.35 | V | Visa Class A | PairCorr |
The ability to find closely correlated positions to NorthView Acquisition could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NorthView Acquisition when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NorthView Acquisition - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NorthView Acquisition to buy it.
The correlation of NorthView Acquisition is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NorthView Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NorthView Acquisition moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NorthView Acquisition can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for NorthView Stock Analysis
When running NorthView Acquisition's price analysis, check to measure NorthView Acquisition'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 NorthView Acquisition is operating at the current time. Most of NorthView Acquisition's value examination focuses on studying past and present price action to predict the probability of NorthView Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NorthView Acquisition's price. Additionally, you may evaluate how the addition of NorthView Acquisition to your portfolios can decrease your overall portfolio volatility.