Nicholas Mutual Fund Forecast - Day Typical Price
Nicholas Mutual Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Nicholas stock prices and determine the direction of Nicholas Ii Inc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Nicholas' historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in housing. Nicholas |
Most investors in Nicholas cannot accurately predict what will happen the next trading day because, historically, fund 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 Nicholas' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Nicholas' 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.| Check Nicholas Volatility | Backtest Nicholas | Information Ratio |
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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Nicholas 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 Nicholas mutual fund to make a market-neutral strategy. Peer analysis of Nicholas could also be used in its relative valuation, which is a method of valuing Nicholas by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
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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.| MSFT | Microsoft | |
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in housing. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.