NICO HOLDINGS (Malawi) Price on December 15, 2024
If you're considering investing in NICO Stock, it is important to understand the factors that can impact its price. NICO HOLDINGS is out of control given 3 months investment horizon. NICO HOLDINGS LIMITED retains Efficiency (Sharpe Ratio) of 0.48, which conveys that the firm had a 0.48 % return per unit of risk over the last 3 months. We are able to interpolate and collect twenty different technical indicators, which can help you to evaluate if expected returns of 1.86% are justified by taking the suggested risk. Use NICO HOLDINGS LIMITED Market Risk Adjusted Performance of (1.51), downside deviation of 0.4863, and Mean Deviation of 2.81 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 = 0.4767
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Estimated Market Risk
| 3.91 actual daily | 34 66% of assets are more volatile |
Expected Return
| 1.86 actual daily | 37 63% of assets have higher returns |
Risk-Adjusted Return
| 0.48 actual daily | 37 63% of assets perform better |
Based on monthly moving average NICO HOLDINGS is performing at about 37% 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.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
NICO HOLDINGS Period Price Range
Low | March 5, 2025
| High |
0.00 | 0.00 |
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NICO HOLDINGS March 5, 2025 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 | 0.3744 | |||
| Jensen Alpha | 1.74 | |||
| Total Risk Alpha | 2.3 | |||
| Sortino Ratio | 3.99 | |||
| Treynor Ratio | (1.52) |
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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.