Nicholas Equity Income Fund Price on July 22, 2021
| NSEIX Fund | USD 20.77 0.02 0.1% |
Below is the normalized historical share price chart for Nicholas Equity Income extending back to April 14, 1994. 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 Equity stands at 20.77, as last reported on the 18th of April 2024, with the highest price reaching 20.77 and the lowest price hitting 20.77 during the day.
If you're considering investing in Nicholas Mutual Fund, it is important to understand the factors that can impact its price. We consider Nicholas Equity very steady. Nicholas Equity Me has Sharpe Ratio of 0.0247, which conveys that the entity had a 0.0247% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Nicholas Equity, which you can use to evaluate the volatility of the fund. Please verify Nicholas Equity's Downside Deviation of 0.7019, risk adjusted performance of 0.0152, and Mean Deviation of 0.4652 to check out if the risk estimate we provide is consistent with the expected return of 0.0148%.
Nicholas Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nicholas |
Sharpe Ratio = 0.0247
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| Negative Returns | NSEIX |
Estimated Market Risk
| 0.6 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Nicholas Equity is performing at about 1% 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 Equity by adding it to a well-diversified portfolio.
Nicholas Equity Valuation on July 22, 2021
It is possible to determine the worth of Nicholas Equity on a given historical date. On July 22, 2021 Nicholas was worth 21.68 at the beginning of the trading date compared to the closed value of 19.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nicholas Equity mutual fund. Still, in general, we apply an absolute valuation method to find Nicholas Equity'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 Nicholas Equity where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nicholas Equity's related companies.
| Open | High | Low | Close | Volume | |
04/04/2022 | 21.68 | 21.68 | 19.92 | 19.92 | 1.00 |
| 21.50 | 21.50 | 19.76 | 19.76 | 1.00 |
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Nicholas Equity Trading Date Momentum on July 22, 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 Equity Me Fundamentals Correlations and Trends
By evaluating Nicholas Equity'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 Nicholas Equity's 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 Equity Mutual Fund history
Nicholas Equity 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 Equity Me 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 Equity stock prices may prove useful in developing a viable investing in Nicholas Equity
To achieve moderate long-term growth, the fund seeks a five-year return which approximates three-fourths of the average total return achieved over a five-year period on the SP 500 Index. It invests in a diversified portfolio of income-producing equity securities and corporate and government fixed income investments . The fund invests, under normal market conditions, at least 80 percent of its net assets in equity securities.
Nicholas Equity Mutual Fund Technical Analysis
Nicholas Equity 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 Equity Period Price Range
Low | April 4, 2022
| High |
21.68 | 19.92 |
Nicholas Equity April 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Nicholas Equity 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 Equity shares will generate the highest return on investment. By undertsting and applying Nicholas Equity mutual fund market strength indicators, traders can identify Nicholas Equity Income entry and exit signals to maximize returns
Nicholas Equity Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nicholas Equity's 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 | 0.0152 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0056 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nicholas Equity Income. 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 gross domestic product. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.