Nicholas Ii Inc Fund Price on November 14, 2024
| NCTWX Fund | USD 36.78 0.37 1.00% |
Below is the normalized historical share price chart for Nicholas Ii Inc extending back to May 15, 1986. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Nicholas stands at 36.78, as last reported on the 16th of December 2024, with the highest price reaching 36.78 and the lowest price hitting 36.78 during the day.
If you're considering investing in Nicholas Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Nicholas Mutual Fund to be very steady. Nicholas Ii has Sharpe Ratio of 0.12, which conveys that the entity had a 0.12% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Nicholas, which you can use to evaluate the volatility of the fund. Please verify Nicholas' Risk Adjusted Performance of 0.106, downside deviation of 0.6723, and Mean Deviation of 0.5691 to check out if the risk estimate we provide is consistent with the expected return of 0.0968%.
Nicholas Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nicholas |
Sharpe Ratio = 0.1226
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Estimated Market Risk
| 0.79 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Nicholas is performing at about 9% 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 Nicholas by adding it to a well-diversified portfolio.
Nicholas Valuation on November 14, 2024
It is possible to determine the worth of Nicholas on a given historical date. On November 14, 2024 Nicholas was worth 36.34 at the beginning of the trading date compared to the closed value of 36.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nicholas mutual fund. Still, in general, we apply an absolute valuation method to find Nicholas' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Nicholas where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nicholas' related companies.
| Open | High | Low | Close | Volume | |
| 36.79 | 36.79 | 36.79 | 36.79 | 1.00 | |
11/14/2024 | 36.34 | 36.34 | 36.34 | 36.34 | 1.00 |
| 35.67 | 35.67 | 35.67 | 35.67 | 1.00 |
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Nicholas Trading Date Momentum on November 14, 2024
| On November 15 2024 Nicholas Ii Inc was traded for 35.67 at the closing time. The highest daily price throughout the period was 35.67 and the lowest price was 35.67 . There was no trading activity during the period 1.0. Lack of trading volume on 11/15/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.84% . The trading delta at closing time to current closing price is 3.33% . |
Nicholas Ii Fundamentals Correlations and Trends
By evaluating Nicholas' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nicholas' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nicholas financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nicholas Mutual Fund history
Nicholas investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Nicholas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nicholas Ii will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Nicholas stock prices may prove useful in developing a viable investing in Nicholas
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.
Nicholas Mutual Fund Technical Analysis
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, fund market cycles, or different charting patterns.
Price Boundaries
Nicholas Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Nicholas Ii Inc cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Nicholas December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Nicholas mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nicholas shares will generate the highest return on investment. By undertsting and applying Nicholas mutual fund market strength indicators, traders can identify Nicholas Ii Inc entry and exit signals to maximize returns
Nicholas Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nicholas' price direction in advance. Along with the technical and fundamental analysis of Nicholas Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nicholas to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.106 | |||
| Jensen Alpha | 0.022 | |||
| Total Risk Alpha | 0.0064 | |||
| Sortino Ratio | 0.0202 | |||
| Treynor Ratio | 0.1144 |
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Other Information on Investing in Nicholas Mutual Fund
Nicholas financial ratios help investors to determine whether Nicholas Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nicholas with respect to the benefits of owning Nicholas security.
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