Nickel Asia (Philippines) Buy Hold or Sell Recommendation
| NIKL Stock | 3.00 0.03 0.99% |
Assuming the 90 days trading horizon and complete risk avoidance on your part, our recommendation regarding Nickel Asia Corp is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Nickel Asia Corp given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Nickel Asia Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Nickel Asia Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Nickel and provide practical buy, sell, or hold advice based on investors' constraints. Nickel Asia Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Nickel |
Execute Nickel Asia Buy or Sell Advice
The Nickel recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Nickel Asia Corp. Macroaxis does not own or have any residual interests in Nickel Asia Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Nickel Asia's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Relatively risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Nickel Asia Trading Alerts and Improvement Suggestions
| Nickel Asia Corp generated a negative expected return over the last 90 days |
Nickel Asia Returns Distribution Density
The distribution of Nickel Asia's historical returns is an attempt to chart the uncertainty of Nickel Asia's future price movements. The chart of the probability distribution of Nickel Asia daily returns describes the distribution of returns around its average expected value. We use Nickel Asia Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nickel Asia returns is essential to provide solid investment advice for Nickel Asia.
| Mean Return | -0.06 | Value At Risk | -3.49 | Potential Upside | 4.83 | Standard Deviation | 2.29 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Nickel Asia historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Nickel Asia Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Nickel Asia or Materials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Nickel Asia's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Nickel stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | -0.24 | |
σ | Overall volatility | 2.34 | |
Ir | Information ratio | -0.08 |
Nickel Asia Volatility Alert
Nickel Asia Corp exhibits very low volatility with skewness of 0.66 and kurtosis of 0.77. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Nickel Asia's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Nickel Asia's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Nickel Asia Fundamentals Vs Peers
Comparing Nickel Asia's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Nickel Asia's direct or indirect competition across all of the common fundamentals between Nickel Asia and the related equities. This way, we can detect undervalued stocks with similar characteristics as Nickel Asia or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Nickel Asia's fundamental indicators could also be used in its relative valuation, which is a method of valuing Nickel Asia by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Nickel Asia to competition |
| Fundamentals | Nickel Asia | Peer Average |
| Revenue | 27.4 B | 9.43 B |
| Net Income | 13.97 B | 570.98 M |
| Cash And Equivalents | 8.73 B | 2.7 B |
| Total Debt | 1.45 B | 5.32 B |
| Cash Flow From Operations | 9.68 B | 971.22 M |
| Earnings Per Share | 0.17 X | 3.12 X |
| Market Capitalization | 42.94 B | 19.03 B |
| Total Asset | 51.7 B | 29.47 B |
| Z Score | 17.4 | 8.72 |
| Net Asset | 51.7 B |
Nickel Asia Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Nickel . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 11727.87 | |||
| Daily Balance Of Power | (0.43) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 3.01 | |||
| Day Typical Price | 3.01 | |||
| Price Action Indicator | (0.03) | |||
| Period Momentum Indicator | (0.03) |
About Nickel Asia Buy or Sell Advice
When is the right time to buy or sell Nickel Asia Corp? Buying financial instruments such as Nickel Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for Nickel Stock Analysis
When running Nickel Asia's price analysis, check to measure Nickel Asia's 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 Nickel Asia is operating at the current time. Most of Nickel Asia's value examination focuses on studying past and present price action to predict the probability of Nickel Asia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nickel Asia's price. Additionally, you may evaluate how the addition of Nickel Asia to your portfolios can decrease your overall portfolio volatility.