NICE LTD (Israel) Performance

NICE -- Israel Stock  

null 55,060  240.00  0.43%

NICE LTD has performance score of 3 on a scale of 0 to 100. The company owns Beta (Systematic Risk) of 0.4083 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 0.0817% will be sustainable into the future. NICE LTD now owns a risk of 1.7222%. Please verify NICE LTD Coefficient Of Variation, Variance and the relationship between Downside Deviation and Standard Deviation to decide if NICE LTD will be following its current price history.

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in NICE LTD are ranked lower than 3 (%) of all global equities and portfolios over the last 30 days. Despite somewhat strong basic indicators, NICE LTD is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
Quick Ratio1.11
Fifty Two Week Low47,500.00
Target High Price121.00
Fifty Two Week High56,500.00
Target Low Price120.00
Horizon     30 Days    Login   to change

NICE LTD Relative Risk vs. Return Landscape

If you would invest  5,338,000  in NICE LTD on October 17, 2019 and sell it today you would earn a total of  168,000  from holding NICE LTD or generate 3.15% return on investment over 30 days. NICE LTD is generating 0.0817% of daily returns and assumes 1.7222% volatility on return distribution over the 30 days horizon. Simply put, 15% of equities are less volatile than NICE LTD and 99% 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 1.33 times less return on investment than the market. In addition to that, the company is 2.39 times more volatile than its market benchmark. It trades about 0.05 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.15 per unit of volatility.

NICE LTD Market Risk Analysis

Sharpe Ratio = 0.0474
Good Returns
Average Returns
Small Returns
Negative Returns

NICE LTD Relative Performance Indicators

Estimated Market Risk
  actual daily
 15 %
of total potential
Expected Return
  actual daily
 1 %
of total potential
Risk-Adjusted Return
  actual daily
 3 %
of total potential
Based on monthly moving average NICE LTD is performing at about 3% 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.


Equity Alerts and Improvement Suggestions

Please see also Stocks Correlation. Please also try Commodity Channel Index module to use commodity channel index to analyze current equity momentum.