Nikola Corp Stock Performance
| NKLA Stock | USD 0.13 0.01 8.33% |
The company secures a Beta (Market Risk) of 0.89, which conveys possible diversification benefits within a given portfolio. Nikola Corp returns are very sensitive to returns on the market. As the market goes up or down, Nikola Corp is expected to follow. At this point, Nikola Corp has a negative expected return of -2.31%. Please make sure to verify Nikola Corp's maximum drawdown, daily balance of power, relative strength index, as well as the relationship between the skewness and day typical price , to decide if Nikola Corp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Nikola Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite abnormal performance in the last few months, the Stock's essential indicators remain somewhat strong which may send shares a bit higher in April 2025. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
| Begin Period Cash Flow | 313.9 M |
Nikola |
Nikola Corp Relative Risk vs. Return Landscape
If you would invest 118.00 in Nikola Corp on December 20, 2024 and sell it today you would lose (105.00) from holding Nikola Corp or give up 88.98% of portfolio value over 90 days. Nikola Corp is currently does not generate positive expected returns and assumes 16.5721% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Nikola, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Nikola Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nikola Corp's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Nikola Corp, and traders can use it to determine the average amount a Nikola Corp's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1393
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| Negative Returns | NKLA |
Estimated Market Risk
| 16.57 actual daily | 96 96% of assets are less volatile |
Expected Return
| -2.31 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nikola Corp 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 Nikola Corp by adding Nikola Corp to a well-diversified portfolio.
Nikola Corp Fundamentals Growth
Nikola OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Nikola Corp, and Nikola Corp fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Nikola OTC Stock performance.
| Return On Equity | -1.29 | |||
| Return On Asset | -0.31 | |||
| Operating Margin | (5.77) % | |||
| Current Valuation | 168.4 M | |||
| Shares Outstanding | 84.47 M | |||
| Price To Book | 0.04 X | |||
| Price To Sales | 0.20 X | |||
| Revenue | 35.84 M | |||
| EBITDA | (736.28 M) | |||
| Cash And Equivalents | 319.94 M | |||
| Cash Per Share | 0.67 X | |||
| Total Debt | 284.86 M | |||
| Debt To Equity | 0.54 % | |||
| Book Value Per Share | 6.86 X | |||
| Cash Flow From Operations | (496.18 M) | |||
| Earnings Per Share | (12.34) X | |||
| Total Asset | 1.27 B | |||
| Retained Earnings | (3.07 B) | |||
About Nikola Corp Performance
By analyzing Nikola Corp's fundamental ratios, stakeholders can gain valuable insights into Nikola Corp's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nikola Corp has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Nikola Corp has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Nikola Corporation operates as a technology innovator and integrator that works to develop energy and transportation solutions. The company also assembles, integrates, and commissions its vehicles in collaboration with its business partners and suppliers. Nikola Corp operates under Farm Heavy Construction Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 900 people.Things to note about Nikola Corp performance evaluation
Checking the ongoing alerts about Nikola Corp for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Nikola Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nikola Corp generated a negative expected return over the last 90 days | |
| Nikola Corp has high historical volatility and very poor performance | |
| Nikola Corp has some characteristics of a very speculative penny stock | |
| Nikola Corp has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 35.84 M. Net Loss for the year was (864.62 M) with loss before overhead, payroll, taxes, and interest of (212.48 M). | |
| Nikola Corp currently holds about 319.94 M in cash with (496.18 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.67, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing Nikola Corp's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Nikola Corp's stock is overvalued or undervalued compared to its peers.
- Examining Nikola Corp's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Nikola Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nikola Corp's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Nikola Corp's otc stock. These opinions can provide insight into Nikola Corp's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Nikola OTC Stock analysis
When running Nikola Corp's price analysis, check to measure Nikola Corp'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 Nikola Corp is operating at the current time. Most of Nikola Corp's value examination focuses on studying past and present price action to predict the probability of Nikola Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nikola Corp's price. Additionally, you may evaluate how the addition of Nikola Corp to your portfolios can decrease your overall portfolio volatility.
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