Nicholas Global Equity Etf Market Value
| GIAX Etf | 16.78 0.08 0.47% |
| Symbol | Nicholas |
The market value of Nicholas Global Equity is measured differently than its book value, which is the value of Nicholas that is recorded on the company's balance sheet. Investors also form their own opinion of Nicholas Global's value that differs from its market value or its book value, called intrinsic value, which is Nicholas Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nicholas Global's market value can be influenced by many factors that don't directly affect Nicholas Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nicholas Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nicholas Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nicholas Global'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.
Nicholas Global 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Nicholas Global's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Nicholas Global.
| 11/27/2025 |
| 12/27/2025 |
If you would invest 0.00 in Nicholas Global on November 27, 2025 and sell it all today you would earn a total of 0.00 from holding Nicholas Global Equity or generate 0.0% return on investment in Nicholas Global over 30 days. Nicholas Global is related to or competes with AdvisorShares STAR, ProShares, Allianzim Large, Invesco SP, AIM ETF, Innovator ETFs, and 3D Printing. Nicholas Global is entity of United States More
Nicholas Global Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Nicholas Global's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Nicholas Global Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.37 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 5.4 | |||
| Value At Risk | (2.24) | |||
| Potential Upside | 1.77 |
Nicholas Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nicholas Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nicholas Global's standard deviation. In reality, there are many statistical measures that can use Nicholas Global historical prices to predict the future Nicholas Global's volatility.| Risk Adjusted Performance | 0.0289 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0303 |
Nicholas Global Equity Backtested Returns
At this stage we consider Nicholas Etf to be very steady. Nicholas Global Equity has Sharpe Ratio of 0.0518, which conveys that the entity had a 0.0518 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Nicholas Global, which you can use to evaluate the volatility of the etf. Please verify Nicholas Global's Downside Deviation of 1.37, mean deviation of 0.8628, and Risk Adjusted Performance of 0.0289 to check out if the risk estimate we provide is consistent with the expected return of 0.0644%. The etf secures a Beta (Market Risk) of 1.03, which conveys a somewhat significant risk relative to the market. Nicholas Global returns are very sensitive to returns on the market. As the market goes up or down, Nicholas Global is expected to follow.
Auto-correlation | 0.62 |
Good predictability
Nicholas Global Equity has good predictability. Overlapping area represents the amount of predictability between Nicholas Global time series from 27th of November 2025 to 12th of December 2025 and 12th of December 2025 to 27th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Nicholas Global Equity price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Nicholas Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
Nicholas Global Equity lagged returns against current returns
Autocorrelation, which is Nicholas Global etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Nicholas Global's etf expected returns. We can calculate the autocorrelation of Nicholas Global returns to help us make a trade decision. For example, suppose you find that Nicholas Global has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Nicholas Global regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Nicholas Global etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nicholas Global etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nicholas Global etf over time.
Current vs Lagged Prices |
| Timeline |
Nicholas Global Lagged Returns
When evaluating Nicholas Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nicholas Global etf have on its future price. Nicholas Global autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Nicholas Global autocorrelation shows the relationship between Nicholas Global etf current value and its past values and can show if there is a momentum factor associated with investing in Nicholas Global Equity.
Regressed Prices |
| Timeline |
Also Currently Popular
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.When determining whether Nicholas Global Equity offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nicholas Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nicholas Global Equity Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Nicholas Global Equity Etf:Check out Nicholas Global Correlation, Nicholas Global Volatility and Nicholas Global Alpha and Beta module to complement your research on Nicholas Global. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Nicholas Global technical etf 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, etf market cycles, or different charting patterns.