Nice Ltd Adr Stock Chance of Future Stock Price Finishing Over 149.5

NICE Stock  USD 255.59  5.98  2.29%   
Nice's implied volatility is one of the determining factors in the pricing options written on Nice Ltd ADR. Implied volatility approximates the future value of Nice based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Nice Ltd ADR over a specific time period. For example, 2024-04-19 CALL at $260.0 is a CALL option contract on Nice's common stock with a strick price of 260.0 expiring on 2024-04-19. The contract was last traded on 2024-03-27 at 15:51:56 for $5.26 and, as of today, has 22 days remaining before the expiration. The option is currently trading at a bid price of $4.9, and an ask price of $5.7. The implied volatility as of the 28th of March is 27.44. View All Nice options

Closest to current price Nice long CALL Option Payoff at Expiration

Nice's future price is the expected price of Nice instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Nice Ltd ADR performance during a given time horizon utilizing its historical volatility. Check out Nice Backtesting, Nice Valuation, Nice Correlation, Nice Hype Analysis, Nice Volatility, Nice History as well as Nice Performance.
  
The current year's Price To Free Cash Flows Ratio is expected to grow to 28.65, whereas Price Earnings Ratio is forecasted to decline to 30.86. Please specify Nice's target price for which you would like Nice odds to be computed.

Nice Target Price Odds to finish over 149.5

The tendency of Nice Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to stay above $ 149.50  in 90 days
 255.59 90 days 149.50 
close to 99
Based on a normal probability distribution, the odds of Nice to stay above $ 149.50  in 90 days from now is close to 99 (This Nice Ltd ADR probability density function shows the probability of Nice Stock to fall within a particular range of prices over 90 days) . Probability of Nice Ltd ADR price to stay between $ 149.50  and its current price of $255.59 at the end of the 90-day period is over 95.01 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.5 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Nice will likely underperform. Additionally Nice Ltd ADR has an alpha of 0.1868, implying that it can generate a 0.19 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Nice Price Density   
       Price  

Predictive Modules for Nice

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nice Ltd ADR. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nice's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
251.79253.83255.87
Details
Intrinsic
Valuation
LowRealHigh
230.03257.77259.81
Details
Naive
Forecast
LowNextHigh
267.44269.48271.52
Details
14 Analysts
Consensus
LowTargetHigh
225.93248.27275.58
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Nice. Your research has to be compared to or analyzed against Nice's peers to derive any actionable benefits. When done correctly, Nice's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Nice Ltd ADR.

Nice Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Nice is not an exception. The market had few large corrections towards the Nice's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Nice Ltd ADR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nice within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
0.19
β
Beta against NYSE Composite1.50
σ
Overall volatility
19.16
Ir
Information ratio 0.13

Nice Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Nice for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nice Ltd ADR can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Nice Ltd ADR is unlikely to experience financial distress in the next 2 years
Nice Ltd ADR has a strong financial position based on the latest SEC filings
About 66.0% of the company shares are owned by institutional investors
Latest headline from zacks.com: Nice Boosts Customer Experience With Enlighten Copilot

Nice Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Nice Stock often depends not only on the future outlook of the current and potential Nice's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Nice's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding66.3 M
Cash And Short Term Investments1.4 B

Nice Technical Analysis

Nice's future price can be derived by breaking down and analyzing its technical indicators over time. Nice Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nice Ltd ADR. In general, you should focus on analyzing Nice Stock price patterns and their correlations with different microeconomic environments and drivers.

Nice Predictive Forecast Models

Nice's time-series forecasting models is one of many Nice's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Nice's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Nice Ltd ADR

Checking the ongoing alerts about Nice for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nice Ltd ADR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Nice Ltd ADR is unlikely to experience financial distress in the next 2 years
Nice Ltd ADR has a strong financial position based on the latest SEC filings
About 66.0% of the company shares are owned by institutional investors
Latest headline from zacks.com: Nice Boosts Customer Experience With Enlighten Copilot
When determining whether Nice Ltd ADR is a strong investment it is important to analyze Nice's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nice's future performance. For an informed investment choice regarding Nice Stock, refer to the following important reports:
Check out Nice Backtesting, Nice Valuation, Nice Correlation, Nice Hype Analysis, Nice Volatility, Nice History as well as Nice Performance.
Note that the Nice Ltd ADR information on this page should be used as a complementary analysis to other Nice's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Complementary Tools for Nice Stock analysis

When running Nice's price analysis, check to measure Nice'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 Nice is operating at the current time. Most of Nice's value examination focuses on studying past and present price action to predict the probability of Nice's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nice's price. Additionally, you may evaluate how the addition of Nice to your portfolios can decrease your overall portfolio volatility.
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Is Nice'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 Nice. If investors know Nice 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 Nice 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
0.159
Earnings Share
5.12
Revenue Per Share
1.4955
Quarterly Revenue Growth
0.096
Return On Assets
0.0563
The market value of Nice Ltd ADR is measured differently than its book value, which is the value of Nice that is recorded on the company's balance sheet. Investors also form their own opinion of Nice's value that differs from its market value or its book value, called intrinsic value, which is Nice'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 Nice's market value can be influenced by many factors that don't directly affect Nice'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 Nice's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nice is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nice'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.