NICO HOLDINGS (Malawi) Price on May 22, 2023
| NICO Stock | 365.00 44.99 14.06% |
If you're considering investing in NICO Stock, it is important to understand the factors that can impact its price. As of today, the current price of NICO HOLDINGS stands at 365.00, as last reported on the 15th of December 2024, with the highest price reaching 365.00 and the lowest price hitting 320.01 during the day. NICO HOLDINGS appears to be very steady, given 3 months investment horizon. NICO HOLDINGS LIMITED retains Efficiency (Sharpe Ratio) of 0.31, which conveys that the firm had a 0.31% return per unit of risk over the last 3 months. By examining NICO HOLDINGS's technical indicators, you can evaluate if the expected return of 0.99% is justified by implied risk. Please exercise NICO HOLDINGS's Market Risk Adjusted Performance of (5.76), mean deviation of 1.73, and Coefficient Of Variation of 330.43 to check out if our risk estimates are consistent with your expectations.
NICO Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NICO |
Sharpe Ratio = 0.3051
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Estimated Market Risk
| 3.24 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.99 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.31 actual daily | 24 76% of assets perform better |
Based on monthly moving average NICO HOLDINGS is performing at about 24% 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 NICO HOLDINGS by adding it to a well-diversified portfolio.
NICO HOLDINGS Valuation on May 22, 2023
It is possible to determine the worth of NICO HOLDINGS on a given historical date. On May 22, 2023 NICO was worth 164.99 at the beginning of the trading date compared to the closed value of 164.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NICO HOLDINGS stock. Still, in general, we apply an absolute valuation method to find NICO HOLDINGS's 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 NICO HOLDINGS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NICO HOLDINGS's related companies.
| Open | High | Low | Close | Volume | |
| 164.99 | 164.99 | 164.99 | 164.99 | 119,628 | |
05/22/2023 | 164.99 | 164.99 | 164.99 | 164.99 | 4,093 |
| 164.99 | 164.99 | 164.99 | 164.99 | 34,759 |
| Backtest NICO HOLDINGS | | | NICO HOLDINGS History | Previous | Next |
NICO HOLDINGS Trading Date Momentum on May 22, 2023
| On May 23 2023 NICO HOLDINGS LIMITED was traded for 164.99 at the closing time. The highest price during the trading period was 164.99 and the lowest recorded bid was listed for 164.99 . The volume for the day was 34.8 K. This history from May 23, 2023 did not cause price change. The trading delta at closing time to the current price is 0.25% . |
Price Boundaries
NICO HOLDINGS Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
NICO HOLDINGS LIMITED cannot be verified against its exchange. Please verify the symbol is currently traded on Malawi Stock 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.
NICO HOLDINGS December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how NICO HOLDINGS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NICO HOLDINGS shares will generate the highest return on investment. By undertsting and applying NICO HOLDINGS stock market strength indicators, traders can identify NICO HOLDINGS LIMITED entry and exit signals to maximize returns
NICO HOLDINGS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NICO HOLDINGS's price direction in advance. Along with the technical and fundamental analysis of NICO Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NICO 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 | 0.2272 | |||
| Jensen Alpha | 0.9779 | |||
| Total Risk Alpha | 0.5633 | |||
| Treynor Ratio | (5.77) |
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Additional Tools for NICO Stock Analysis
When running NICO HOLDINGS's price analysis, check to measure NICO HOLDINGS'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 NICO HOLDINGS is operating at the current time. Most of NICO HOLDINGS's value examination focuses on studying past and present price action to predict the probability of NICO HOLDINGS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NICO HOLDINGS's price. Additionally, you may evaluate how the addition of NICO HOLDINGS to your portfolios can decrease your overall portfolio volatility.