Nike Inc Stock Price on January 2, 2024

NKE Stock  USD 72.00  1.31  1.79%   
If you're considering investing in Nike Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nike stands at 72.00, as last reported on the 7th of January, with the highest price reaching 74.32 and the lowest price hitting 71.97 during the day. Nike Inc has Sharpe Ratio of -0.15, which conveys that the firm had a -0.15% return per unit of risk over the last 3 months. Nike exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nike's Risk Adjusted Performance of (0.12), mean deviation of 1.03, and Standard Deviation of 1.35 to check out the risk estimate we provide.
  
Nike Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1518

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Estimated Market Risk

 1.35
  actual daily
12
88% of assets are more volatile

Expected Return

 -0.2
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.15
  actual daily
0
Most of other assets perform better
Based on monthly moving average Nike is not performing at its full potential. However, 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 Nike by adding Nike to a well-diversified portfolio.

Nike Main Headline on 2nd of January 2024

Nike Inc dividend paid on 2nd of January 2024

Nike Valuation on January 2, 2024

It is possible to determine the worth of Nike on a given historical date. On January 2, 2024 Nike was worth 105.78 at the beginning of the trading date compared to the closed value of 104.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nike stock. Still, in general, we apply an absolute valuation method to find Nike'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 Nike where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nike's related companies.
 Open High Low Close Volume
  107.11    108.09    106.26    106.73    7,667,522  
01/02/2024
  105.78    106.02    104.64    104.74    9,326,616  
  103.93    105.66    102.23    102.27    10,573,740  
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Open Value
105.78
101.74
Downside
104.74
Closing Value
109.82
Upside

Nike Trading Date Momentum on January 2, 2024

On January 03 2024 Nike Inc was traded for  102.27  at the closing time. Highest Nike's price during the trading hours was 105.66  and the lowest price during the day was  102.23 . The net volume was 10.6 M. The overall trading history on the 3rd of January contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 2.36% . The trading delta at closing time to current price is 0.52% .

Nike Inc Fundamentals Correlations and Trends

By evaluating Nike's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nike's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nike financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Nike Stock history

Nike investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Nike is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nike Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Nike stock prices may prove useful in developing a viable investing in Nike
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells mens, womens, and kids athletic footwear, apparel, equipment, and accessories worldwide. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon. Nike operates under Footwear Accessories classification in the United States and is traded on New York Stock Exchange. It employs 79100 people.

Nike Stock Technical Analysis

Nike technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Nike technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nike trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Nike Period Price Range

Low
January 7, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Nike Inc cannot be verified against its exchange. Please verify the symbol is currently traded on New York 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.

Nike January 7, 2025 Market Strength

Market strength indicators help investors to evaluate how Nike stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nike shares will generate the highest return on investment. By undertsting and applying Nike stock market strength indicators, traders can identify Nike Inc entry and exit signals to maximize returns

Nike Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Nike's price direction in advance. Along with the technical and fundamental analysis of Nike Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nike 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.

Complementary Tools for Nike Stock analysis

When running Nike's price analysis, check to measure Nike'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 Nike is operating at the current time. Most of Nike's value examination focuses on studying past and present price action to predict the probability of Nike's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nike's price. Additionally, you may evaluate how the addition of Nike to your portfolios can decrease your overall portfolio volatility.
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