Nicholas Mutual Fund Statistic Functions Beta

NCTWX -  USA Fund  

USD 37.33  0.49  1.30%

Nicholas statistic functions tool provides the execution environment for running the Beta function and other technical functions against Nicholas. Nicholas value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Nicholas statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.
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The output start index for this execution was sixty with a total number of output elements of one. The Beta measures systematic risk based on how returns on Nicholas II correlated with the market. If Beta is less than 0 Nicholas generally moves in the opposite direction as compared to the market. If Nicholas Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nicholas II is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nicholas is generally in the same direction as the market. If Beta > 1 Nicholas moves generally in the same direction as, but more than the movement of the benchmark. View also all equity analysis or get more info about beta statistic functions indicator.

Nicholas Technical Analysis Modules

Most technical analysis of Nicholas help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Nicholas from various momentum indicators to cycle indicators. When you analyze Nicholas charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Nicholas Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nicholas II. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nicholas II based on widely used predictive technical indicators. In general, we focus on analyzing Nicholas Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nicholas's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Nicholas's intrinsic value. In addition to deriving basic predictive indicators for Nicholas, we also check how macroeconomic factors affect Nicholas price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Nicholas' 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. Please use the tools below to analyze the current value of Nicholas in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
36.6437.3338.02
Details
Intrinsic
Valuation
LowReal ValueHigh
36.5537.2437.93
Details
Naive
Forecast
LowNext ValueHigh
37.4438.1438.83
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
35.9737.0238.08
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Nicholas. Your research has to be compared to or analyzed against Nicholas' peers to derive any actionable benefits. When done correctly, Nicholas' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Nicholas II.

Learn to be your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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Portfolio Diagnostics

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Nicholas II pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nicholas position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nicholas will appreciate offsetting losses from the drop in the long position's value.

Nicholas Pair Trading

Nicholas II Pair Trading Analysis

Correlation analysis and pair trading evaluation for Nicholas and Vanguard Extended Market. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted 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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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.