Nikola Corp Stock Buy Hold or Sell Recommendation
| NKLA Stock | USD 0.13 0.02 18.18% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Nikola Corp is 'Strong Sell'. Macroaxis provides Nikola Corp buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NKLA positions.
Check out Nikola Corp 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. In addition, we conduct extensive research on individual companies such as Nikola and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Nikola Corp. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Nikola |
Execute Nikola Corp Buy or Sell Advice
The Nikola recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Nikola Corp. Macroaxis does not own or have any residual interests in Nikola Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Nikola Corp's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Nikola Corp Trading Alerts and Improvement Suggestions
| Nikola Corp generated a negative expected return over the last 90 days | |
| Nikola Corp has high historical volatility and very poor performance | |
| Nikola Corp has some characteristics of a very speculative penny stock | |
| Nikola Corp has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 35.84 M. Net Loss for the year was (864.62 M) with loss before overhead, payroll, taxes, and interest of (212.48 M). | |
| Nikola Corp currently holds about 319.94 M in cash with (496.18 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.67, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Nikola Corp Returns Distribution Density
The distribution of Nikola Corp's historical returns is an attempt to chart the uncertainty of Nikola Corp's future price movements. The chart of the probability distribution of Nikola Corp daily returns describes the distribution of returns around its average expected value. We use Nikola Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nikola Corp returns is essential to provide solid investment advice for Nikola Corp.
| Mean Return | -2.54 | Value At Risk | -30.77 | Potential Upside | 24.03 | Standard Deviation | 15.79 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Nikola Corp 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.
Nikola Corp 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 Nikola Corp or Machinery 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 Nikola Corp's price will be affected by overall otc 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 Nikola otc'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 | -2.28 | |
β | Beta against Dow Jones | 2.43 | |
σ | Overall volatility | 16.26 | |
Ir | Information ratio | -0.15 |
Nikola Corp Volatility Alert
Nikola Corp is displaying above-average volatility over the selected time horizon. Nikola Corp is a potential penny stock. Although Nikola Corp may be in fact a good instrument to invest, many penny otc stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Nikola Corp. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Nikola instrument if you perfectly time your entry and exit. However, remember that penny otcs that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Nikola Corp Fundamentals Vs Peers
Comparing Nikola Corp'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 Nikola Corp's direct or indirect competition across all of the common fundamentals between Nikola Corp and the related equities. This way, we can detect undervalued stocks with similar characteristics as Nikola Corp or determine the otc stocks which would be an excellent addition to an existing portfolio. Peer analysis of Nikola Corp's fundamental indicators could also be used in its relative valuation, which is a method of valuing Nikola Corp by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Nikola Corp to competition |
| Fundamentals | Nikola Corp | Peer Average |
| Return On Equity | -1.29 | -0.31 |
| Return On Asset | -0.31 | -0.14 |
| Operating Margin | (5.77) % | (5.51) % |
| Current Valuation | 168.4 M | 16.62 B |
| Shares Outstanding | 84.47 M | 571.82 M |
| Shares Owned By Insiders | 3.19 % | 10.09 % |
| Shares Owned By Institutions | 37.58 % | 39.21 % |
| Number Of Shares Shorted | 19.96 M | 4.71 M |
| Price To Book | 0.04 X | 9.51 X |
| Price To Sales | 0.20 X | 11.42 X |
| Revenue | 35.84 M | 9.43 B |
| Gross Profit | (212.48 M) | 27.38 B |
| EBITDA | (736.28 M) | 3.9 B |
| Net Income | (864.62 M) | 570.98 M |
| Cash And Equivalents | 319.94 M | 2.7 B |
| Cash Per Share | 0.67 X | 5.01 X |
| Total Debt | 284.86 M | 5.32 B |
| Debt To Equity | 0.54 % | 48.70 % |
| Current Ratio | 1.75 X | 2.16 X |
| Book Value Per Share | 6.86 X | 1.93 K |
| Cash Flow From Operations | (496.18 M) | 971.22 M |
| Short Ratio | 1.04 X | 4.00 X |
| Earnings Per Share | (12.34) X | 3.12 X |
| Price To Earnings To Growth | (0.10) X | 4.89 X |
| Target Price | 18.0 | |
| Number Of Employees | 870 | 18.84 K |
| Beta | 1.97 | -0.15 |
| Market Capitalization | 15.46 M | 19.03 B |
| Total Asset | 1.27 B | 29.47 B |
| Retained Earnings | (3.07 B) | 9.33 B |
| Working Capital | 312.31 M | 1.48 B |
| Net Asset | 1.27 B |
Note: Acquisition by Petrovich Mary L of 110000 shares of Nikola Corp subject to Rule 16b-3 [view details]
Nikola Corp Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Nikola . 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.
About Nikola Corp Buy or Sell Advice
When is the right time to buy or sell Nikola Corp? Buying financial instruments such as Nikola OTC 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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Other Information on Investing in Nikola OTC Stock
Nikola Corp financial ratios help investors to determine whether Nikola OTC Stock 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 Nikola with respect to the benefits of owning Nikola Corp security.