NIKE (Argentina) Price on June 22, 2023
| NKE Stock | ARS 7,610 90.00 1.17% |
If you're considering investing in NIKE Stock, it is important to understand the factors that can impact its price. As of today, the current price of NIKE stands at 7,610, as last reported on the 1st of February, with the highest price reaching 7,790 and the lowest price hitting 7,600 during the day. At this point, NIKE is very steady. NIKE Inc has Sharpe Ratio of close to zero, which conveys that the firm had a close to zero % return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for NIKE, which you can use to evaluate the volatility of the firm. Please verify NIKE's risk adjusted performance of 0.0174, and Mean Deviation of 1.35 to check out if the risk estimate we provide is consistent with the expected return of 0.0142%.
NIKE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NIKE |
Sharpe Ratio = 0.0078
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NKE |
Estimated Market Risk
| 1.82 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NIKE 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 NIKE by adding NIKE to a well-diversified portfolio.
NIKE Valuation on June 22, 2023
It is possible to determine the worth of NIKE on a given historical date. On June 22, 2023 NIKE was worth 4700.0 at the beginning of the trading date compared to the closed value of 4710.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NIKE stock. Still, in general, we apply an absolute valuation method to find NIKE's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of NIKE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NIKE's related companies.
| Open | High | Low | Close | Volume | |
| 4,666 | 4,669 | 4,543 | 4,638 | 16,000 | |
06/22/2023 | 4,700 | 4,730 | 4,551 | 4,710 | 5,893 |
| 4,710 | 4,762 | 4,632 | 4,738 | 5,369 |
| Backtest NIKE | | | NIKE History | | | NIKE Valuation | Previous | Next |
NIKE Trading Date Momentum on June 22, 2023
| On June 23 2023 NIKE Inc was traded for 4,738 at the closing time. The maximum traded price for the trading interval was 4,762 and the lowest daily price was 4,632 . The daily volume was recorded at 5.4 K. The volume of trading on 23rd of June 2023 played a part in the next trading day price jump. The trading delta at closing time to the next closing price was 0.57% . The trading delta at closing time to the closing price today is 0.65% . |
NIKE Inc Fundamentals Correlations and Trends
By evaluating NIKE's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among NIKE's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NIKE financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NIKE Stock history
NIKE investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for NIKE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NIKE Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing NIKE stock prices may prove useful in developing a viable investing in NIKE
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon. NIKE INC operates under Footwear Accessories classification in Argentina and is traded on Buenos-Aires Stock Exchange. It employs 75400 people.
NIKE Stock Technical Analysis
NIKE 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.
Price Boundaries
NIKE Period Price Range
Low | February 1, 2025
| High |
0.00 | 0.00 |
NIKE Inc cannot be verified against its exchange. Please verify the symbol is currently traded on Buenos Aires Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
NIKE February 1, 2025 Market Strength
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
NIKE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NIKE's price direction in advance. Along with the technical and fundamental analysis of NIKE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NIKE to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0174 | |||
| Jensen Alpha | 0.0259 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.15) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for NIKE Stock analysis
When running NIKE's price analysis, check to measure NIKE'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 NIKE is operating at the current time. Most of NIKE's value examination focuses on studying past and present price action to predict the probability of NIKE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NIKE's price. Additionally, you may evaluate how the addition of NIKE to your portfolios can decrease your overall portfolio volatility.
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios |