NICO HOLDINGS (Malawi) Price on November 22, 2024
| 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 13th of December 2024, with the highest price reaching 365.00 and the lowest price hitting 320.01 during the day. NICO HOLDINGS is 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. We are able to interpolate and collect twenty-two different technical indicators, which can help you to evaluate if expected returns of 1.0% are justified by taking the suggested risk. Use NICO HOLDINGS LIMITED Mean Deviation of 1.78, market risk adjusted performance of 20.74, and Coefficient Of Variation of 324.99 to evaluate company specific risk that cannot be diversified away.
NICO Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NICO |
Sharpe Ratio = 0.3077
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Estimated Market Risk
| 3.26 actual daily | 29 71% of assets are more volatile |
Expected Return
| 1.0 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 November 22, 2024
It is possible to determine the worth of NICO HOLDINGS on a given historical date. On November 22, 2024 NICO was worth 250.39 at the beginning of the trading date compared to the closed value of 250.63. 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 | |
| 250.62 | 250.62 | 250.00 | 250.39 | 5,794 | |
11/22/2024 | 250.39 | 250.63 | 250.39 | 250.63 | 17,500 |
| 250.63 | 260.00 | 250.63 | 260.00 | 400,000 |
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NICO HOLDINGS Trading Date Momentum on November 22, 2024
| On November 25 2024 NICO HOLDINGS LIMITED was traded for 260.00 at the closing time. The highest price during the trading period was 260.00 and the lowest recorded bid was listed for 250.63 . The volume for the day was 400 K. This history from November 25, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 3.74% . The trading delta at closing time to the current price is 14.52% . |
Price Boundaries
NICO HOLDINGS Period Price Range
Low | December 13, 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 13, 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 | 0.2309 | |||
| Jensen Alpha | 0.9889 | |||
| Total Risk Alpha | 0.588 | |||
| Treynor Ratio | 20.73 |
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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.