Nicholas Equity Income Fund Price on November 15, 2023
| NSEIX Fund | USD 23.05 0.04 0.17% |
Below is the normalized historical share price chart for Nicholas Equity Income extending back to April 14, 1994. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Nicholas Equity stands at 23.05, as last reported on the 30th of November, with the highest price reaching 23.05 and the lowest price hitting 23.05 during the day.
If you're considering investing in Nicholas Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Nicholas Mutual Fund to be very steady. Nicholas Equity Income has Sharpe Ratio of 0.12, which conveys that the entity had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Nicholas Equity, which you can use to evaluate the volatility of the fund. Please verify Nicholas Equity's Downside Deviation of 0.4974, mean deviation of 0.4403, and Risk Adjusted Performance of 0.0897 to check out if the risk estimate we provide is consistent with the expected return of 0.0636%.
Nicholas Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nicholas |
Sharpe Ratio = 0.123
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Estimated Market Risk
| 0.52 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Nicholas Equity is performing at about 9% of its full potential. 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 Nicholas Equity by adding it to a well-diversified portfolio.
Nicholas Equity Valuation on November 15, 2023
It is possible to determine the worth of Nicholas Equity on a given historical date. On November 15, 2023 Nicholas was worth 18.55 at the beginning of the trading date compared to the closed value of 18.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nicholas Equity mutual fund. Still, in general, we apply an absolute valuation method to find Nicholas Equity'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 Nicholas Equity where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nicholas Equity's related companies.
| Open | High | Low | Close | Volume | |
| 18.44 | 18.44 | 18.44 | 18.44 | 1.00 | |
11/15/2023 | 18.55 | 18.55 | 18.55 | 18.55 | 1.00 |
| 18.53 | 18.53 | 18.53 | 18.53 | 1.00 |
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Nicholas Equity Trading Date Momentum on November 15, 2023
| On November 16 2023 Nicholas Equity Income was traded for 18.53 at the closing time. The highest daily price throughout the period was 18.53 and the lowest price was 18.53 . There was no trading activity during the period 1.0. Lack of trading volume on 11/16/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.11% . The trading delta at closing time to current closing price is 1.08% . |
Nicholas Equity Income Fundamentals Correlations and Trends
By evaluating Nicholas Equity'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 Nicholas Equity's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nicholas financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nicholas Equity Mutual Fund history
Nicholas Equity 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 Nicholas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nicholas Equity Income 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 Nicholas Equity stock prices may prove useful in developing a viable investing in Nicholas Equity
To achieve moderate long-term growth, the fund seeks a five-year return which approximates three-fourths of the average total return achieved over a five-year period on the SP 500 Index. It invests in a diversified portfolio of income-producing equity securities and corporate and government fixed income investments . The fund invests, under normal market conditions, at least 80 percent of its net assets in equity securities.
Nicholas Equity Mutual Fund Technical Analysis
Nicholas Equity technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Nicholas Equity Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Nicholas Equity Income cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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.
Nicholas Equity November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Nicholas Equity mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nicholas Equity shares will generate the highest return on investment. By undertsting and applying Nicholas Equity mutual fund market strength indicators, traders can identify Nicholas Equity Income entry and exit signals to maximize returns
Nicholas Equity Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nicholas Equity's price direction in advance. Along with the technical and fundamental analysis of Nicholas Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nicholas 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 | 0.0897 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.15) | |||
| Treynor Ratio | 0.0953 |
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| Volume Indicators |
Other Information on Investing in Nicholas Mutual Fund
Nicholas Equity financial ratios help investors to determine whether Nicholas Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nicholas with respect to the benefits of owning Nicholas Equity security.
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