NIKE Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast NIKE stock prices and determine the direction of NIKE Inc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of NIKE's historical fundamentals, such as revenue growth or operating cash flow patterns.
NIKE
On December 18, 2024 NIKE Inc had Day Typical Price of 74.89. Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
On December 19 2024 NIKE Inc was traded for 74.05 at the closing time. The maximum traded price for the trading interval was 74.15 and the lowest daily price was 74.05 . The daily volume was recorded at 10.0. The volume of trading on 19th of December 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 1.58% . The trading delta at closing time to the closing price today is 2.03% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
For every potential investor in NIKE, whether a beginner or expert, NIKE's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. NIKE Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in NIKE. Basic forecasting techniques help filter out the noise by identifying NIKE's price trends.
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.
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of NIKE's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of NIKE's current price.
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.
The analysis of NIKE's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in NIKE's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nike stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Information and Resources on Investing in NIKE Stock
When determining whether NIKE Inc is a strong investment it is important to analyze NIKE's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NIKE's future performance. For an informed investment choice regarding NIKE Stock, refer to the following important reports:
Please note, there is a significant difference between NIKE's value and its price as these two are different measures arrived at by different means. Investors typically determine if NIKE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NIKE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.