Nike Inc Stock Price on November 5, 2024
| NKE Stock | USD 78.85 2.11 2.75% |
Below is the normalized historical share price chart for Nike Inc extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Nike stands at 78.85, as last reported on the 11th of December 2024, with the highest price reaching 78.98 and the lowest price hitting 76.31 during the day.
If you're considering investing in Nike Stock, it is important to understand the factors that can impact its price. At this point, Nike is very steady. Nike Inc has Sharpe Ratio of 0.0165, which conveys that the firm had a 0.0165% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Nike, which you can use to evaluate the volatility of the firm. Please verify Nike's Risk Adjusted Performance of (0.01), standard deviation of 1.73, and Mean Deviation of 1.17 to check out if the risk estimate we provide is consistent with the expected return of 0.0293%.
At present, Nike's Common Stock Shares Outstanding is projected to decrease significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 40 B, whereas Common Stock is forecasted to decline to about 3.2 M. . At present, Nike's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 30.17, whereas Price Earnings Ratio is forecasted to decline to 18.52. Nike Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of December 1980 | 200 Day MA 85.6531 | 50 Day MA 79.2306 | Beta 1.035 |
Nike |
Sharpe Ratio = 0.0165
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NKE |
Estimated Market Risk
| 1.77 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Nike is performing at about 1% 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 Nike by adding it to a well-diversified portfolio.
Price Book 8.2879 | Enterprise Value Ebitda 17.3718 | Price Sales 2.284 | Shares Float 1.2 B | Dividend Share 1.48 |
Nike Valuation on November 5, 2024
It is possible to determine the worth of Nike on a given historical date. On November 5, 2024 Nike was worth 76.86 at the beginning of the trading date compared to the closed value of 77.58. 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 | |
| 77.59 | 78.15 | 76.72 | 76.80 | 6,593,781 | |
11/05/2024 | 76.86 | 77.60 | 76.61 | 77.58 | 5,629,199 |
| 76.48 | 76.56 | 74.74 | 74.94 | 16,193,700 |
| Backtest Nike | | | Nike History | | | Nike Valuation | Previous | Next |
Nike Trading Date Momentum on November 5, 2024
| On November 06 2024 Nike Inc was traded for 74.94 at the closing time. Highest Nike's price during the trading hours was 76.56 and the lowest price during the day was 74.74 . The net volume was 16.2 M. The overall trading history on the 6th of November contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 3.40% . The trading delta at closing time to current price is 2.54% . |
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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.5 B | 1.6 B | |
| Net Income Applicable To Common Shares | 5.8 B | 6.1 B |
Nike Quarterly Net Working Capital |
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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.
Price Boundaries
Nike Period Price Range
Low | December 11, 2024
| 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 December 11, 2024 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.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (0.14) |
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| Volume Indicators |
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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