Nextnav Acquisition Stock Forecast - Day Typical Price

NN Stock  USD 9.42  1.15  13.91%   
Nextnav Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Nextnav Acquisition stock prices and determine the direction of Nextnav Acquisition Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Nextnav Acquisition's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Nextnav Acquisition's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Nextnav Acquisition's systematic risk associated with finding meaningful patterns of Nextnav Acquisition fundamentals over time.
Check out Historical Fundamental Analysis of Nextnav Acquisition to cross-verify your projections.
  
At this time, Nextnav Acquisition's Payables Turnover is very stable compared to the past year. As of the 29th of April 2024, Receivables Turnover is likely to grow to 3.10, while Inventory Turnover is likely to drop 1.24. . As of the 29th of April 2024, Common Stock Shares Outstanding is likely to drop to about 60.1 M. In addition to that, Net Loss is likely to drop to about (48.4 M).
Nextnav Acquisition Corp has current Day Typical Price of 9.07.
Most investors in Nextnav Acquisition cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Nextnav Acquisition's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Nextnav Acquisition's price structures and extracts relationships that further increase the generated results' accuracy.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
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Nextnav Acquisition Trading Date Momentum

On April 29 2024 Nextnav Acquisition Corp was traded for  9.42  at the closing time. The highest price during the trading period was 9.50  and the lowest recorded bid was listed for  8.29 . There was no trading activity during the period 0.0. Lack of trading volume on April 29, 2024 did not cause price change. The trading delta at closing time to the current price is 12.00% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
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Other Forecasting Options for Nextnav Acquisition

For every potential investor in Nextnav, whether a beginner or expert, Nextnav Acquisition's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Nextnav Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Nextnav. Basic forecasting techniques help filter out the noise by identifying Nextnav Acquisition's price trends.

Nextnav Acquisition Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Nextnav Acquisition stock to make a market-neutral strategy. Peer analysis of Nextnav Acquisition could also be used in its relative valuation, which is a method of valuing Nextnav Acquisition by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Nextnav Acquisition Corp Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Nextnav Acquisition's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Nextnav Acquisition's current price.

Nextnav Acquisition Market Strength Events

Market strength indicators help investors to evaluate how Nextnav 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 Nextnav Acquisition shares will generate the highest return on investment. By undertsting and applying Nextnav Acquisition stock market strength indicators, traders can identify Nextnav Acquisition Corp entry and exit signals to maximize returns.

Nextnav Acquisition Risk Indicators

The analysis of Nextnav Acquisition's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Nextnav Acquisition's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nextnav stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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When determining whether Nextnav Acquisition Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nextnav Acquisition's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nextnav Acquisition Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nextnav Acquisition Corp Stock:
Check out Historical Fundamental Analysis of Nextnav Acquisition to cross-verify your projections.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for Nextnav Stock analysis

When running Nextnav Acquisition's price analysis, check to measure Nextnav 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 Nextnav Acquisition is operating at the current time. Most of Nextnav Acquisition's value examination focuses on studying past and present price action to predict the probability of Nextnav 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 Nextnav Acquisition's price. Additionally, you may evaluate how the addition of Nextnav Acquisition to your portfolios can decrease your overall portfolio volatility.
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Is Nextnav Acquisition's industry 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
(0.66)
Revenue Per Share
0.036
Quarterly Revenue Growth
0.501
Return On Assets
(0.28)
Return On Equity
(0.78)
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.