NIKE (Brazil) Today

NIKE34 Stock  BRL 47.20  0.27  0.58%   

Performance

0 of 100

 
Low
 
High
Very Weak

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
NIKE is trading at 47.20 as of the 29th of March 2024, a 0.58 percent increase since the beginning of the trading day. The stock's open price was 46.93. NIKE has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for NIKE Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2024 and ending today, the 29th of March 2024. Click here to learn more.
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon. NIKE DRN operates under Footwear Accessories classification in Brazil and is traded on Sao Paolo Stock Exchange. The company has 15.51 B outstanding shares. More on NIKE Inc

Moving against NIKE Stock

  0.55CTGP34 CitigroupPairCorr
  0.54BMKS3 Bicicletas MonarkPairCorr
  0.52DBAG34 Deutsche Bank AktienPairCorr
  0.51BONY34 BankPairCorr
  0.49JPMC34 JPMorgan ChasePairCorr
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

NIKE Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. NIKE's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding NIKE or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOMark Parker
Business ConcentrationFootwear & Accessories, Consumer Cyclical (View all Sectors)
NIKE Inc (NIKE34) is traded on Sao Paulo Exchange in Brazil and employs 79,100 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 1.02 T. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NIKE's market, we take the total number of its shares issued and multiply it by NIKE's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. NIKE Inc operates under Consumer Cyclical sector and is part of Footwear & Accessories industry. The entity has 15.51 B outstanding shares. NIKE Inc has accumulated about 4.66 B in cash with 5.19 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.98.
Check NIKE Probability Of Bankruptcy

NIKE Stock Price Odds Analysis

What are NIKE's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of NIKE jumping above the current price in 90 days from now is roughly 96.0%. The NIKE Inc probability density function shows the probability of NIKE stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon NIKE has a beta of 0.2403. This indicates as returns on the market go up, NIKE average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding NIKE Inc will be expected to be much smaller as well. Additionally, nIKE Inc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 47.2HorizonTargetOdds Above 47.2
3.70%90 days
 47.20 
96.24%
Based on a normal probability distribution, the odds of NIKE to move above the current price in 90 days from now is roughly 96.0 (This NIKE Inc probability density function shows the probability of NIKE Stock to fall within a particular range of prices over 90 days) .

NIKE Inc Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. NIKE market risk premium is the additional return an investor will receive from holding NIKE long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in NIKE. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although NIKE's alpha and beta are two of the key measurements used to evaluate NIKE's performance over the market, the standard measures of volatility play an important role as well.

NIKE Stock Against Markets

Picking the right benchmark for NIKE stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in NIKE stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for NIKE is critical whether you are bullish or bearish towards NIKE Inc at a given time. Please also check how NIKE's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in NIKE without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Stock Screener Now

   

Stock Screener

Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
All  Next Launch Module

NIKE Corporate Directors

NIKE corporate directors refer to members of a NIKE board of directors. The board of directors generally takes responsibility for the NIKE's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of NIKE's board members must vote for the resolution. The NIKE board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

How to buy NIKE Stock?

Before investing in NIKE, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in NIKE. To buy NIKE stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of NIKE. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase NIKE stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located NIKE Inc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased NIKE Inc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as NIKE Inc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy NIKE Stock please use our How to Invest in NIKE guide.

Already Invested in NIKE Inc?

The danger of trading NIKE Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of NIKE is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than NIKE. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile NIKE Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether NIKE Inc is a strong investment it is important to analyze NIKE's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NIKE's future performance. For an informed investment choice regarding NIKE Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NIKE Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the NIKE Inc information on this page should be used as a complementary analysis to other NIKE's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

Complementary Tools for NIKE Stock analysis

When running NIKE's price analysis, check to measure NIKE'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 NIKE is operating at the current time. Most of NIKE's value examination focuses on studying past and present price action to predict the probability of NIKE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NIKE's price. Additionally, you may evaluate how the addition of NIKE to your portfolios can decrease your overall portfolio volatility.
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
CEOs Directory
Screen CEOs from public companies around the world
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Please note, there is a significant difference between NIKE's value and its price as these two are different measures arrived at by different means. Investors typically determine if NIKE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NIKE'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.