|NICE -- Israel Stock|| |
ILS 41,420 840.00 1.99%
NICE Ltd has performance score of 6 on a scale of 0 to 100. The company owns Beta (Systematic Risk) of 0.1055 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 0.1634% will be sustainable into the future. NICE Ltd
now owns a risk of 1.6739%. Please verify NICE Ltd Semi Deviation
, Coefficient Of Variation
, Jensen Alpha
, as well as the relationship
between Downside Deviation
and Information Ratio
to decide if NICE Ltd will be following its current price history.
NICE Ltd Relative Risk vs. Return Landscape
If you would invest 3,966,000
in NICE Ltd on November 18, 2018
and sell it today you would earn a total of 176,000
from holding NICE Ltd or generate 4.44%
return on investment over 30
days. NICE Ltd is generating 0.1634% of daily returns and assumes 1.6739% volatility on return distribution over the 30 days horizon. Simply put, 15% of equities are less volatile than NICE Ltd and 97% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Assuming 30 trading days horizon, NICE Ltd is expected to generate 1.26 times more return on investment than the market. However, the company is 1.26 times more volatile than its market benchmark. It trades about 0.1 of its potential returns per unit of risk. The DOW is currently generating roughly -0.13 per unit of risk.
NICE Ltd Market Risk Analysis
Sharpe Ratio = 0.0976
NICE Ltd Relative Performance Indicators
Estimated Market Risk
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Based on monthly moving average NICE Ltd is performing at about 6% 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
Compared to the overall equity markets, risk-adjusted returns on investments in NICE Ltd are ranked lower than 6 (%) of all global equities and portfolios over the last 30 days.
|Fifty Two Week Low||29,600.00|
|Target High Price||121.00|
|Fifty Two Week High||44,240.00|
|Target Low Price||120.00|
Please see also Stocks Correlation
. Please also try Global Markets Map
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