Nicholas Mutual Fund Technical Analysis

NCTWX -  USA Fund  

USD 37.17  0.02  0.05%

As of the 17th of October 2021, Nicholas secures the Risk Adjusted Performance of 0.0646, mean deviation of 0.5741, and Downside Deviation of 0.7714. 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 37.17 per share.

Nicholas Technical Analysis 

 
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Nicholas technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Nicholas technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nicholas trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Nicholas II Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Nicholas II volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Nicholas II Trend Analysis

Use this graph to draw trend lines for Nicholas II. You can use it to identify possible trend reversals for Nicholas as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Nicholas price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Nicholas Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Nicholas II applied against its price change over selected period. The best fit line has a slop of   -0.0063  , which may suggest that Nicholas II market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.51, which is the sum of squared deviations for the predicted Nicholas price change compared to its average price change.

About Nicholas Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Nicholas II on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Nicholas II based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Nicholas II stock first instead of the macroeconomic environment surrounding Nicholas II. By analyzing Nicholas's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Nicholas's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Nicholas specific price patterns or momentum indicators. Please read more on our technical analysis page.

Nicholas October 17, 2021 Technical Indicators

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 different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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.