NICE LTD (Israel) Performance

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NICE -- Israel Stock  

ILA 57,040  460.00  0.81%

On a scale of 0 to 100 NICE LTD holds performance score of 9. The company owns Beta (Systematic Risk) of 0.3265 which conveys that as returns on market increase, NICE LTD returns are expected to increase less than the market. However during bear market, the loss on holding NICE LTD will be expected to be smaller as well. Although it is extremely important to respect NICE LTD existing price patterns, it is better to be realistic regarding the information on equity price patterns. The philosophy towards estimating future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By examining NICE LTD technical indicators you can today evaluate if the expected return of 0.2462% will be sustainable into the future. Please exercises NICE LTD Coefficient Of Variation, Variance and the relationship between Downside Deviation and Standard Deviation to make a quick decision on weather NICE LTD current price history will revert.
99

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in NICE LTD are ranked lower than 9 (%) of all global equities and portfolios over the last 30 days. Despite somewhat weak basic indicators, NICE LTD sustained solid returns over the last few months and may actually be approaching a breakup point.
Quick Ratio1.01
Fifty Two Week Low47,500.00
Target High Price121.00
Fifty Two Week High57,520.00
Target Low Price120.00
Horizon     30 Days    Login   to change

NICE LTD Relative Risk vs. Return Landscape

If you would invest  5,167,000  in NICE LTD on December 19, 2019 and sell it today you would earn a total of  537,000  from holding NICE LTD or generate 10.39% return on investment over 30 days. NICE LTD is generating 0.2462% of daily returns and assumes 1.8064% volatility on return distribution over the 30 days horizon. Simply put, 16% of equities are less volatile than NICE LTD and 96% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
    
  Risk (%) 
Assuming 30 trading days horizon, NICE LTD is expected to generate 3.84 times more return on investment than the market. However, the company is 3.84 times more volatile than its market benchmark. It trades about 0.14 of its potential returns per unit of risk. The DOW is currently generating roughly 0.31 per unit of risk.

NICE LTD Market Risk Analysis

Sharpe Ratio = 0.1363
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NICE LTD Relative Performance Indicators

Estimated Market Risk
 1.81
  actual daily
 
 16 %
of total potential
 
1616
Expected Return
 0.25
  actual daily
 
 4 %
of total potential
 
44
Risk-Adjusted Return
 0.14
  actual daily
 
 9 %
of total potential
 
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Based on monthly moving average NICE LTD is performing at about 9% 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 NICE LTD by adding it to a well-diversified portfolio.

NICE LTD Alerts

Equity Alerts and Improvement Suggestions

Additionally see Stocks Correlation. Please also try Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of macroaxis ideas.
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