Nice Ltd Adr Stock Alpha and Beta Analysis
| NICE Stock | USD 179.84 2.67 1.46% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Nice Ltd ADR. It also helps investors analyze the systematic and unsystematic risks associated with investing in Nice over a specified time horizon. Remember, high Nice's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Nice's market risk premium analysis include:
Beta 1.42 | Alpha (0.14) | Risk 2.28 | Sharpe Ratio 0.035 | Expected Return 0.0799 |
Enterprise Value |
|
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Nice |
Nice Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Nice market risk premium is the additional return an investor will receive from holding Nice long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Nice. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Nice's performance over market.| α | -0.14 | β | 1.42 |
Nice expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Nice's Buy-and-hold return. Our buy-and-hold chart shows how Nice performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Nice Market Price Analysis
Market price analysis indicators help investors to evaluate how Nice stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nice shares will generate the highest return on investment. By understating and applying Nice stock market price indicators, traders can identify Nice position entry and exit signals to maximize returns.
Nice Return and Market Media
The median price of Nice for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 172.62 with a coefficient of variation of 4.8. The daily time series for the period is distributed with a sample standard deviation of 8.3, arithmetic mean of 172.97, and mean deviation of 6.43. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | NICE Ltd Shares Gap Down to 165.3199 on Oct 1 | 10/01/2024 |
2 | Nice Rises Yet Lags Behind Market Some Facts Worth Knowing | 10/16/2024 |
3 | NICE Ltd Shares Up 3.81 percent on Nov 8 | 11/08/2024 |
4 | NICE Reports 24 percent Year-Over-Year Cloud Revenue Growth, Exceeding High End of Guidance for Both Total Revenue and EPS | 11/14/2024 |
5 | DA Davidson sees long-term upside for NICE stock despite 2024 cloud challenges | 11/15/2024 |
6 | NICE Is A 2024 Gartner Peer Insights CCaaS Customers Choice Only Vendor to Receive This Recognition for the 2nd Time | 11/18/2024 |
7 | NICE CLUB ONE Sees 150 percent Membership Surge in 2024, Setting the Standard for CX Loyalty Programs | 11/19/2024 |
8 | Heres Why Nice is a Strong Value Stock | 11/22/2024 |
9 | Maxicare Greatly Improves the Patient Experience with NICE | 11/26/2024 |
About Nice Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Nice or other stocks. Alpha measures the amount that position in Nice Ltd ADR has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2023 | 2024 (projected) | Dividend Yield | 0.001978 | 0.001879 | Price To Sales Ratio | 5.59 | 2.8 |
Nice Upcoming Company Events
As portrayed in its financial statements, the presentation of Nice's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Nice's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Nice's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Nice. Please utilize our Beneish M Score to check the likelihood of Nice's management manipulating its earnings.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Nice
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Nice Backtesting, Nice Valuation, Nice Correlation, Nice Hype Analysis, Nice Volatility, Nice History and analyze Nice Performance. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Nice 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.