Nicholas Fund Competition

NICSX Fund

USD 100.63 0.67 0.66%

Nicholas Fund competes with Large Cap, Virtus Nfj, Pace Large, Transamerica Large, and Dunham Large; as well as few others. The fund is listed under Large Growth category and is part of Nicholas family. Analyzing Nicholas Fund competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Nicholas Fund to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Nicholas Fund Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Nicholas Fund competition on your existing holdings.

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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nicholas Fund'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

Low	Estimated	High
99.92	100.63	101.34

Details

Intrinsic

Valuation

Low	Real	High
99.44	100.15	100.86

Details

Nicholas Fund Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Nicholas Fund and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Nicholas and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Nicholas Fund does not affect the price movement of the other competitor.

	LGPIX	VAAGX	MTCGX	PCLVX	TWQZX	DALVX	JDVNX	ALCEX
LGPIX		0.7	0.97	0.86	0.77	0.77	0.83	0.84	LGPIX
VAAGX	0.7		0.74	0.93	0.94	0.97	0.93	0.93	VAAGX
MTCGX	0.97	0.74		0.87	0.83	0.81	0.87	0.85	MTCGX
PCLVX	0.86	0.93	0.87		0.95	0.96	0.98	0.99	PCLVX
TWQZX	0.77	0.94	0.83	0.95		0.99	0.97	0.95	TWQZX
DALVX	0.77	0.97	0.81	0.96	0.99		0.98	0.97	DALVX
JDVNX	0.83	0.93	0.87	0.98	0.97	0.98		0.98	JDVNX
ALCEX	0.84	0.93	0.85	0.99	0.95	0.97	0.98		ALCEX
	LGPIX	VAAGX	MTCGX	PCLVX	TWQZX	DALVX	JDVNX	ALCEX

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Risk-Adjusted Indicators

There is a big difference between Nicholas Mutual Fund performing well and Nicholas Fund Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Nicholas Fund's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
LGPIX	0.63	0.10	0.07	0.22	0.67	(0.63)	1.55	(1.39)	5.24
VAAGX	0.50	(0.04)	(0.12)	0.03	0.46	(0.62)	1.06	(0.90)	3.29
MTCGX	0.76	0.03	0.02	0.13	0.97	(0.74)	1.59	(1.36)	5.97
PCLVX	0.46	0.00	(0.03)	0.10	0.27	(0.61)	1.01	(0.71)	3.99
TWQZX	0.45	(0.01)	(0.06)	0.08	0.29	(0.55)	1.16	(0.66)	3.49
DALVX	0.45	(0.01)	(0.07)	0.07	0.33	(0.53)	1.08	(0.67)	3.31
JDVNX	0.54	(0.01)	(0.02)	0.08	0.39	(0.71)	1.19	(0.89)	5.12
ALCEX	0.57	0.02	0.03	0.11	0.41	(0.75)	1.28	(0.84)	5.99

Unable to evaluate fundamental data of [LGPIX, VAAGX, MTCGX, PCLVX, TWQZX, DALVX, JDVNX, ALCEX] at this time. Please try again later

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Nicholas Fund Competitive Analysis

The better you understand Nicholas Fund competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Nicholas Fund's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Nicholas Fund's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	NICSX	LGPIX	VAAGX	MTCGX	PCLVX	TWQZX	DALVX	JDVNX	ALCEX
	0.66 100.63 Nicholas	0.19 46.78 Large	0.52 28.83 Virtus	0.64 37.33 MTCGX	0.22 22.85 Pace	0.65 15.18 Transamerica	0.67 20.62 Dunham	0.38 26.50 Jhancock	0.34 14.71 Avantis
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	OK	Good	Weak	OK	OK	Modest	Modest	Modest	OK
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	About Average	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Under Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Hold	Strong Buy	Strong Hold	Strong Hold	Strong Hold	Strong Hold	Strong Hold	Strong Hold	Strong Hold
Net Asset	3.57 B	14.54 M	293.79 M	N/A	1.31 B	2.38 B	152.7 M	16.37 B	190.64 M
Minimum Initial Investment	500	15 K	2.5 M	N/A	10 K	N/A	N/A	N/A	N/A
Price To Book	3.51	4.44	N/A	N/A	1.73	1.75	1.92	1.71	N/A
Five Year Return	15.3	16.04	N/A	N/A	9.93	11.87	10.18	11.88	N/A
One Year Return	22.07	39.81	N/A	N/A	20.04	29.53	27.35	22.08	N/A
Last Dividend Paid	N/A	N/A	N/A	1.6	0.3	0.02	0.12	0.35	N/A
Price To Earning	18.55	22.07	N/A	N/A	15.53	16.14	16.3	15.13	N/A
Price To Sales	2.16	2.62	N/A	N/A	1.22	1.62	1.33	1.37	N/A
Cash Position Weight	1.29	N/A	1.24	N/A	1.61	2.18	2.86	4.39	N/A
Equity Positions Weight	98.65	100.0	98.76	N/A	98.39	97.82	97.14	95.6	N/A
Three Year Return	10.53	6.7	N/A	N/A	9.93	9.85	7.92	10.34	N/A
Annual Yield	0.003	N/A	0.0157	N/A	0.0164	0.0101	0.0084	0.0093	0.0139
Year To Date Return	21.24	35.9	N/A	N/A	17.48	22.29	20.92	19.21	N/A
Bond Positions Weight	0.06	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Ten Year Return	13.23	13.35	N/A	N/A	8.05	N/A	8.2	9.45	N/A
Daily Balance Of Power	(9,223,372,036,855)	9.2 T	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)
Day Typical Price	100.63	46.78	28.83	37.33	22.85	15.18	20.62	26.5	14.71
Period Momentum Indicator	(0.67)	0.09	(0.15)	(0.24)	(0.05)	(0.10)	(0.14)	(0.10)	(0.05)
Rate Of Daily Change	0.99	1.0	0.99	0.99	1.0	0.99	0.99	1.0	1.0
Day Median Price	100.63	46.78	28.83	37.33	22.85	15.18	20.62	26.5	14.71
Price Action Indicator	(0.34)	0.045	(0.07)	(0.12)	(0.03)	(0.05)	(0.07)	(0.05)	(0.03)
Coefficient Of Variation	773.07	514.4	1836.38	865.65	741.95	860.75	915.23	872.4	675.46
Mean Deviation	0.5269	0.6327	0.4985	0.7609	0.463	0.4467	0.449	0.544	0.5728
Jensen Alpha	0.0139	0.099	(0.04)	0.0334	0.0048	(0.01)	(0.01)	(0.01)	0.0201
Total Risk Alpha	(0.01)	0.0533	(0.05)	(0.02)	(0)	(0.01)	(0.02)	(0.02)	0.0094
Sortino Ratio	(0.01)	0.0745	(0.12)	0.0181	(0.03)	(0.06)	(0.07)	(0.02)	0.0346
Downside Variance	0.4856	1.02	0.2962	1.33	0.1923	0.2175	0.2263	0.2705	0.3669
Standard Deviation	0.6968	0.9024	0.6421	1.05	0.6315	0.6138	0.6001	0.7862	0.8179
Kurtosis	0.9189	1.99	2.27	1.58	6.48	5.08	3.78	10.67	7.21
Potential Upside	1.16	1.55	1.06	1.59	1.01	1.16	1.08	1.19	1.28
Treynor Ratio	0.109	0.2244	0.0327	0.1289	0.0963	0.0801	0.0734	0.0796	0.11
Maximum Drawdown	3.92	5.24	3.29	5.97	3.99	3.49	3.31	5.12	5.99
Variance	0.4856	0.8143	0.4123	1.1	0.3988	0.3767	0.3601	0.6181	0.669
Market Risk Adjusted Performance	0.119	0.2344	0.0427	0.1389	0.1063	0.0901	0.0834	0.0896	0.12
Risk Adjusted Performance	0.0934	0.1429	0.0382	0.0868	0.0962	0.0824	0.0771	0.0839	0.1085
Skewness	(0.02)	(0.27)	0.9365	(0.26)	1.75	1.6	1.35	2.32	1.64
Semi Deviation	0.5747	0.6739	0.4622	0.9715	0.2733	0.2919	0.3321	0.387	0.4072
Information Ratio	(0.01)	0.0835	(0.10)	0.0199	(0.02)	(0.05)	(0.06)	(0.01)	0.0257
Value At Risk	(0.88)	(1.39)	(0.90)	(1.36)	(0.71)	(0.66)	(0.67)	(0.89)	(0.84)
Expected Short fall	(0.56)	(0.63)	(0.62)	(0.74)	(0.61)	(0.55)	(0.53)	(0.71)	(0.75)
Downside Deviation	0.6968	1.01	0.5443	1.16	0.4386	0.4663	0.4757	0.5201	0.6058
Semi Variance	0.3303	0.4541	0.2136	0.9437	0.0747	0.0852	0.1103	0.1498	0.1658

Nicholas Fund Competition Performance Charts

Five steps to successful analysis of Nicholas Fund Competition

Nicholas Fund's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Nicholas Fund in relation to its competition. Nicholas Fund's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Nicholas Fund in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Nicholas Fund's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Nicholas Fund, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

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Other Information on Investing in Nicholas Mutual Fund

Nicholas Fund 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 Fund security.

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