NIKE (Argentina) Price on December 16, 2024

NKE Stock  ARS 7,420  100.00  1.33%   
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 7,420, as last reported on the 23rd of December, with the highest price reaching 7,500 and the lowest price hitting 6,800 during the day. NIKE Inc has Sharpe Ratio of -0.13, which conveys that the firm had a -0.13% return per unit of volatility over the last 3 months. NIKE exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NIKE's risk adjusted performance of (0.05), and Mean Deviation of 1.48 to check out the risk estimate we provide.
  
NIKE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1331

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Negative ReturnsNKE

Estimated Market Risk

 1.98
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.26
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  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 December 16, 2024

It is possible to determine the worth of NIKE on a given historical date. On December 16, 2024 NIKE was worth 7030.0 at the beginning of the trading date compared to the closed value of 7210.0. 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
  7,010    7,100    6,890    7,010    27,688  
12/16/2024
  7,030    7,260    6,950    7,210    28,784  
  7,220    7,540    7,200    7,500    29,803  
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Open Value
7030.0
7210.0
Closing Value
7,036
Upside

NIKE Trading Date Momentum on December 16, 2024

On December 17 2024 NIKE Inc was traded for  7,500  at the closing time. The maximum traded price for the trading interval was 7,540  and the lowest daily price was  7,200 . The daily volume was recorded at 29.8 K. The volume of trading on 17th of December 2024 played a part in the next trading day price jump. The trading delta at closing time to the next closing price was 4.02% . The trading delta at closing time to the closing price today is 1.11% .

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.
A focus of NIKE technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of NIKE trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

NIKE Period Price Range

Low
December 23, 2024
0.00  NaN%
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 December 23, 2024 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.

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.
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