Nicholas Financial Stock Technical Analysis
NICKDelisted Stock | USD 6.19 0.13 2.15% |
As of the 1st of December, Nicholas Financial secures the Mean Deviation of 2.01, standard deviation of 3.02, and insignificant Risk Adjusted Performance. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nicholas Financial, as well as the relationship between them.
Nicholas Financial Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nicholas, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NicholasNicholas |
Nicholas Financial 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, delisted stock market cycles, or different charting patterns.
Nicholas Financial Technical Analysis
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Nicholas Financial Trend Analysis
Use this graph to draw trend lines for Nicholas Financial. You can use it to identify possible trend reversals for Nicholas Financial as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Nicholas Financial price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nicholas Financial Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nicholas Financial applied against its price change over selected period. The best fit line has a slop of 0.0062 , which may suggest that Nicholas Financial market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.46, which is the sum of squared deviations for the predicted Nicholas Financial price change compared to its average price change.About Nicholas Financial Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Nicholas Financial on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Nicholas Financial based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Nicholas Financial price pattern first instead of the macroeconomic environment surrounding Nicholas Financial. By analyzing Nicholas Financial's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Nicholas Financial's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Nicholas Financial specific price patterns or momentum indicators. Please read more on our technical analysis page.
Nicholas Financial December 1, 2024 Technical Indicators
Most technical analysis of Nicholas help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Nicholas from various momentum indicators to cycle indicators. When you analyze Nicholas charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | (0) | |||
Market Risk Adjusted Performance | (0.06) | |||
Mean Deviation | 2.01 | |||
Coefficient Of Variation | (6,569) | |||
Standard Deviation | 3.02 | |||
Variance | 9.1 | |||
Information Ratio | (0.06) | |||
Jensen Alpha | (0.16) | |||
Total Risk Alpha | (0.56) | |||
Treynor Ratio | (0.07) | |||
Maximum Drawdown | 19.87 | |||
Value At Risk | (5.29) | |||
Potential Upside | 4.6 | |||
Skewness | 0.6967 | |||
Kurtosis | 4.18 |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Other Consideration for investing in Nicholas Stock
If you are still planning to invest in Nicholas Financial check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nicholas Financial's history and understand the potential risks before investing.
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