Nicholas Ii Inc Fund Price on September 13, 2021
| NCTWX Fund | USD 32.91 0.26 0.78% |
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 32.91, as last reported on the 19th of April, with the highest price reaching 32.91 and the lowest price hitting 32.91 during the day.
If you're considering investing in Nicholas Mutual Fund, it is important to understand the factors that can impact its price. Nicholas Ii has Sharpe Ratio of -0.0132, which conveys that the entity had a -0.0132% return per unit of risk over the last 3 months. Nicholas exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nicholas' Risk Adjusted Performance of 0.0208, mean deviation of 0.6568, and Downside Deviation of 0.8767 to check out the risk estimate we provide.
Nicholas Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nicholas |
Sharpe Ratio = -0.0132
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| Negative Returns | NCTWX |
Estimated Market Risk
| 0.8 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nicholas is not performing at its full potential. However, 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 Nicholas to a well-diversified portfolio.
Nicholas Valuation on September 13, 2021
It is possible to determine the worth of Nicholas on a given historical date. On September 13, 2021 Nicholas was worth 32.65 at the beginning of the trading date compared to the closed value of 31.19. 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 | |
04/04/2022 | 32.65 | 32.65 | 31.19 | 31.19 | 1.00 |
| 32.33 | 32.33 | 30.88 | 30.88 | 1.00 |
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Nicholas Trading Date Momentum on September 13, 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 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 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.
Price Boundaries
Nicholas Period Price Range
Low | April 4, 2022
| High |
32.65 | 31.19 |
Nicholas April 19, 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.
| Risk Adjusted Performance | 0.0208 | |||
| Jensen Alpha | 0.011 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.2686 |
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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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..