Nicholas Mutual Fund Analysis

NCTWX -  USA Fund  

USD 28.05  0.11  0.39%

The small slide in market price for the last few months may encourage investors to take a closer look at the fund as it is trading at a share price of 28.05 on slow start in trading volume. The fund administrators and managers did not add much value to Nicholas II investors in April. However, diversifying your holdings with Nicholas or similar funds can still protect your portfolio during high-volatility market scenarios. The fund standard deviation of daily returns for 90 days investing horizon is currently 1.77. The below-average Fund volatility is a good sign for longer-term investment options and for buy-and-hold investors.
Additionally, see Stocks Correlation.
The Nicholas mutual fund analysis report makes it easy to digest most publicly released information about Nicholas and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Nicholas Mutual Fund analysis module also helps to analyze the Nicholas price relationship with some important fundamental indicators such as market cap and management efficiency.

Nicholas Mutual Fund Analysis Notes

The fund generated returns of 8.0% over the last ten years. Nicholas II maintains 98.06% of assets in stocks. The fund primarily invests in common stocks of domestic corporations with mediumsized market capitalizations believed to have growth potential. The adviser believes a company's annual sales volume and the market capitalization are the factors most illustrative of a company's size. The adviser generally considers companies with market capitalizations up to $2 billion as "small, " between $2 billion and $10 billion as "medium, " and greater than $10 billion as "large". To find out more about Nicholas II contact the company at 800-544-6547.

Nicholas II Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Nicholas' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Nicholas II or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Nicholas II generated a negative expected return over the last 90 days
Nicholas II is unlikely to experience financial distress in the next 2 years
The fund maintains 98.06% of its assets in stocks

Management Efficiency

Nicholas management efficiency ratios could be used to measure how well the company manages its routine affairs as well as how well it operates its assets and liabilities.

Top Mutual Fund Constituents

At Risk
Ulta Beauty 0.016 (3.55) 
Nordson Corp(0.024) (3.32) 
Lamb Weston Holdings 0.0353 (3.99) 
Conagra Brands(0.0101) (2.76) 
Global Payments(0.001) (4.80) 
Snap-On 0.06 (2.62) 
AMETEK Inc 0.0021 (2.09) 
Ptc Inc 0.042 (4.04) 
IHS Markit(0.08) (2.54) 
Ollies Bargain CS 0.06 (5.45) 
Fleetcor Technologies 0.07 (3.45) 
Burlington Stores(0.08) (6.62) 
Iqvia Holdings(0.0137) (4.56) 
Fiserv Inc 0.1 (3.62) 
Verisk Analytics(0.0221) (4.01) 
Skyworks Solutions(0.10) (4.97) 
Wabtec Corp(0.0029) (3.79) 
CBRE Group(0.1) (3.62) 
Knight-Swift Transporation(0.0211) (4.70) 
TransUnion(0.06) (4.07) 

Technical Drivers

As of the 24th of May, Nicholas secures the mean deviation of 1.45, and Risk Adjusted Performance of (0.14). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nicholas II, as well as the relationship between them. Strictly speaking, you can use this information to find out if the fund will indeed mirror its model of past prices, or the prices will eventually revert. We are able to interpolate and break down nineteen technical drivers for Nicholas, which can be compared to its peers in the industry. Please verify Nicholas II coefficient of variation and the relationship between the information ratio and downside variancecoefficient of variation, maximum drawdown, skewness, as well as the relationship between the information ratio and downside variance to decide if Nicholas II is priced some-what accurately, providing market reflects its recent price of 28.05 per share.

Nicholas II Price Movement Analysis

The output start index for this execution was eleven with a total number of output elements of fifty. The Kaufman Adaptive Moving Average allows the user to define Nicholas II range across which they want the smoothing.

Nicholas Technical and Predictive Indicators

Nicholas Forecast Models

Nicholas time-series forecasting models is one of many Nicholas' mutual fund analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary Nicholas' 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.

About Nicholas Mutual Fund Analysis

Mutual Fund analysis is the technique used by a trader or investor to examine and evaluate how Nicholas stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Nicholas shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Nicholas. By using and applying Nicholas Mutual Fund analysis, traders can create a robust methodology for identifying Nicholas entry and exit points for their positions.
The investment seeks to increase the value of the investment over the long-term. The fund primarily invests in common stocks of domestic corporations with medium-sized market capitalizations believed to have growth potential. The adviser believes a companys annual sales volume and the market capitalization are the factors most illustrative of a companys size. The adviser generally considers companies with market capitalizations up to 3 billion as small, between 3 billion and 25 billion as medium, and greater than 25 billion as large.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Nicholas to your portfolios without increasing risk or reducing expected return.

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Additionally, see Stocks Correlation. Note that the Nicholas II information on this page should be used as a complementary analysis to other Nicholas' 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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for Nicholas Mutual Fund analysis

When running Nicholas II price analysis, check to measure Nicholas' 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 Nicholas is operating at the current time. Most of Nicholas' value examination focuses on studying past and present price action to predict the probability of Nicholas' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Nicholas' price. Additionally, you may evaluate how the addition of Nicholas to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Nicholas' value and its price as these two are different measures arrived at by different means. Investors typically determine Nicholas value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nicholas' 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.