Nicholas Ii Inc Fund Price on July 23, 2021

NCTWX Fund  USD 35.12  0.31  0.87%   
Below is the normalized historical share price chart for Nicholas Ii Inc extending back to May 15, 1986. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Nicholas stands at 35.12, as last reported on the 28th of March, with the highest price reaching 35.12 and the lowest price hitting 35.12 during the day.
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Nicholas Mutual Fund, it is important to understand the factors that can impact its price. We consider Nicholas very steady. Nicholas Ii Inc has Sharpe Ratio of 0.14, which conveys that the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Nicholas, which you can use to evaluate the volatility of the fund. Please verify Nicholas' Risk Adjusted Performance of 0.099, downside deviation of 0.8563, and Mean Deviation of 0.612 to check out if the risk estimate we provide is consistent with the expected return of 0.11%.
  
Nicholas Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1431

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashNCTWXAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 0.8
  actual daily
7
93% of assets are more volatile

Expected Return

 0.11
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
11
89% of assets perform better
Based on monthly moving average Nicholas is performing at about 11% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nicholas by adding it to a well-diversified portfolio.

Nicholas Valuation on July 23, 2021

It is possible to determine the worth of Nicholas on a given historical date. On July 23, 2021 Nicholas was worth 29.96 at the beginning of the trading date compared to the closed value of 28.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nicholas mutual fund. Still, in general, we apply an absolute valuation method to find Nicholas' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Nicholas where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nicholas' related companies.
 Open High Low Close Volume
03/14/2022
  29.96    29.96    28.62    28.62    1.00  
  30.53    30.53    29.16    29.16    1.00  
Backtest Nicholas  |  Nicholas History  |  Nicholas Valuation Next  
Open Value
29.96
28.62
Closing Value
32.36
Upside

Nicholas Trading Date Momentum on July 23, 2021

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

Nicholas Ii Inc Fundamentals Correlations and Trends

By evaluating Nicholas' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nicholas' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nicholas financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Nicholas Mutual Fund history

Nicholas investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Nicholas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nicholas Ii Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Nicholas stock prices may prove useful in developing a viable investing in Nicholas
The fund primarily invests in common stocks of domestic corporations with medium-sized market capitalizations believed to have growth potential. The adviser believes a companys annual sales volume and the market capitalization are the factors most illustrative of a companys size. The adviser generally considers companies with market capitalizations up to 3 billion as small, between 3 billion and 25 billion as medium, and greater than 25 billion as large.

Nicholas Mutual Fund Technical Analysis

Nicholas technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Nicholas technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nicholas trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Nicholas Period Price Range

Low
March 14, 2022
High

 29.96 

  

 28.62 

-1.34-4.47%

Nicholas March 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Nicholas mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nicholas shares will generate the highest return on investment. By undertsting and applying Nicholas mutual fund market strength indicators, traders can identify Nicholas Ii Inc entry and exit signals to maximize returns

Nicholas Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Nicholas' price direction in advance. Along with the technical and fundamental analysis of Nicholas Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nicholas to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nicholas Ii Inc. 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 Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for Nicholas Mutual Fund analysis

When running Nicholas' 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 the 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.
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
CEOs Directory
Screen CEOs from public companies around the world
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 if Nicholas is a good investment 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.