Nicholas Mutual Fund Quote

NCTWX
 Fund
  

USD 26.75  0.09  0.34%   

Market Performance
0 of 100
Odds Of Distress
Less than 1
Nicholas is trading at 26.75 as of the 28th of September 2022; that is -0.34% down since the beginning of the trading day. The fund's open price was 26.84. Nicholas has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Nicholas II are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of October 2020 and ending today, the 28th of September 2022. Click here to learn more.
The investment seeks to increase the value of the investment over the long-term. Nicholas is traded on NASDAQ Exchange in the United States. More on Nicholas II

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Nicholas Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Nicholas' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nicholas or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Nicholas II generated a negative expected return over the last 90 days
Nicholas II is unlikely to experience financial distress in the next 2 years
The fund maintains 98.06% of its assets in stocks
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Nicholas' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
Beta In Three Year1.02
Startdate31st of March 1993
Nicholas II [NCTWX] is traded in USA and was established 28th of September 2022. The fund is listed under Mid-Cap Growth category and is part of Nicholas family. Nicholas II now has accumulated 1.16 B in assets with minimum initial investment of 100 K. , while the total return for the last 3 years was 10.88%.
Check Nicholas Probability Of Bankruptcy

Instrument Allocation

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Nicholas Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Nicholas Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Nicholas II Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Nicholas II Constituents

Nicholas Target Price Odds Analysis

Based on a normal probability distribution, the odds of Nicholas jumping above the current price in 90 days from now is about 98.0%. The Nicholas II probability density function shows the probability of Nicholas mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Nicholas has a beta of 0.0279. This indicates as returns on the market go up, Nicholas average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nicholas II will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Nicholas II is significantly underperforming DOW.
  Odds Below 26.75HorizonTargetOdds Above 26.75
2.42%90 days
 26.75 
97.54%
Based on a normal probability distribution, the odds of Nicholas to move above the current price in 90 days from now is about 98.0 (This Nicholas II probability density function shows the probability of Nicholas Mutual Fund to fall within a particular range of prices over 90 days) .

Nicholas II Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Nicholas market risk premium is the additional return an investor will receive from holding Nicholas 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 Nicholas. 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 Nicholas' alpha and beta are two of the key measurements used to evaluate Nicholas' performance over the market, the standard measures of volatility play an important role as well.

Nicholas Against Markets

Picking the right benchmark for Nicholas mutual fund 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 Nicholas mutual fund 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 Nicholas is critical whether you are bullish or bearish towards Nicholas II at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Nicholas 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.

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Invested in Nicholas II?

The danger of trading Nicholas II is mainly related to its market volatility and Mutual Fund 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 Nicholas 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 Nicholas. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nicholas II 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.
Additionally, see Correlation Analysis. You can also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for analysis

When running Nicholas II price analysis, check to measure Nicholas' 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 Nicholas is operating at the current time. Most of Nicholas' value examination focuses on studying past and present price action to predict the probability of Nicholas' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Nicholas' price. Additionally, you may evaluate how the addition of Nicholas to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Nicholas' value and its price as these two are different measures arrived at by different means. Investors typically determine Nicholas value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nicholas' 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.