Nike to drop use of kangaroo skins for its shoes in 2023 - Marketscreener.com
| NKE Stock | 14.69 0.41 2.87% |
About 55% of NIKE's investors are presently thinking to get in. The analysis of overall sentiment of trading NIKE Inc CDR stock suggests that some investors are interested at this time. NIKE's investing sentiment overview a quick insight into current market opportunities from investing in NIKE Inc CDR. Many technical investors use NIKE Inc CDR stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
NIKE |
Nike to drop use of kangaroo skins for its shoes in 2023 Marketscreener.com
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NIKE Fundamental Analysis
We analyze NIKE's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NIKE using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NIKE based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Book Value Per Share
Book Value Per Share Comparative Analysis
NIKE is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
NIKE Inc CDR Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with NIKE stock to make a market-neutral strategy. Peer analysis of NIKE could also be used in its relative valuation, which is a method of valuing NIKE by comparing valuation metrics with similar companies.
Peers
NIKE Related Equities
| GOOG | Alphabet | 5.54 | ||||
| AMZN | Amazon CDR | 2.43 | ||||
| MSFT | Microsoft Corp | 1.36 | ||||
| GS | GOLDMAN SACHS | 1.20 | ||||
| BOFA | Bank of America | 0.59 | ||||
| WMT | Walmart | 0.49 | ||||
| JPM | JPMorgan Chase | 0.19 | ||||
| BRK | Berkshire Hathaway | 0.20 | ||||
| IBM | International Business | 0.90 | ||||
| PFE | Pfizer | 1.18 |
Other Information on Investing in NIKE Stock
NIKE financial ratios help investors to determine whether NIKE Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NIKE with respect to the benefits of owning NIKE security.