Nike Inc Stock Price on March 18, 2021
| NKE Stock | USD 94.53 1.21 1.26% |
Below is the normalized historical share price chart for Nike Inc extending back to November 05, 1984. 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 Nike stands at 94.53, as last reported on the 19th of April, with the highest price reaching 96.22 and the lowest price hitting 94.49 during the day.
If you're considering investing in Nike Stock, it is important to understand the factors that can impact its price. Nike Inc has Sharpe Ratio of -0.0376, which conveys that the firm had a -0.0376% return per unit of risk over the last 3 months. Nike exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nike's Mean Deviation of 1.16, risk adjusted performance of (0.02), and Standard Deviation of 1.57 to check out the risk estimate we provide.
At present, Nike's Common Stock Shares Outstanding is projected to decrease significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 45.3 B, whereas Common Stock is forecasted to decline to about 3.2 M. . At present, Nike's Price To Free Cash Flows Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 11.02, whereas Price Earnings Ratio is forecasted to decline to 18.47. Nike Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of December 1980 | 200 Day MA 103.1447 | 50 Day MA 98.5104 | Beta 1.086 |
Nike |
Sharpe Ratio = -0.0376
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NKE |
Estimated Market Risk
| 1.59 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nike 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 Nike by adding Nike to a well-diversified portfolio.
Price Book 9.7611 | Enterprise Value Ebitda 20.4589 | Price Sales 2.6921 | Shares Float 1.2 B | Dividend Share 1.42 |
Nike Valuation on March 18, 2021
It is possible to determine the worth of Nike on a given historical date. On March 18, 2021 Nike was worth 133.05 at the beginning of the trading date compared to the closed value of 131.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nike stock. Still, in general, we apply an absolute valuation method to find Nike's 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 Nike where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nike's related companies.
| Open | High | Low | Close | Volume | |
04/04/2022 | 133.05 | 135.21 | 131.05 | 131.05 | 5,309,240 |
| 134.04 | 134.68 | 129.06 | 129.06 | 5,707,771 |
| Backtest Nike | | | Nike History | | | Nike Valuation | Next |
Nike Trading Date Momentum on March 18, 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.Nike Inc Fundamentals Correlations and Trends
By evaluating Nike's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nike's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nike financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nike Stock history
Nike 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 Nike is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nike 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 Nike stock prices may prove useful in developing a viable investing in Nike
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.4 B | 1.7 B | |
| Net Income Applicable To Common Shares | 5.8 B | 6.1 B |
Nike Quarterly Net Working Capital |
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Nike Stock Technical Analysis
Nike technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
Nike Period Price Range
Low | April 4, 2022
| High |
133.05 | 131.05 |
Nike April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Nike stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nike shares will generate the highest return on investment. By undertsting and applying Nike stock market strength indicators, traders can identify Nike Inc entry and exit signals to maximize returns
| Accumulation Distribution | 163349.0 | |||
| Daily Balance Of Power | (0.48) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 133.13 | |||
| Day Typical Price | 132.44 | |||
| Price Action Indicator | (3.08) | |||
| Period Momentum Indicator | (36.52) |
Nike Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nike's price direction in advance. Along with the technical and fundamental analysis of Nike Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nike 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 | (0.02) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (0.08) |
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| Volume Indicators |
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 industry. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.
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Is Nike's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nike. If investors know Nike will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nike listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.03) | Dividend Share 1.42 | Earnings Share 3.4 | Revenue Per Share 33.831 | Quarterly Revenue Growth 0.003 |
The market value of Nike Inc is measured differently than its book value, which is the value of Nike that is recorded on the company's balance sheet. Investors also form their own opinion of Nike's value that differs from its market value or its book value, called intrinsic value, which is Nike's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nike's market value can be influenced by many factors that don't directly affect Nike's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.