Nico Resources Limited Stock Market Value
| NICOF Stock | USD 0.06 0.00 0.00% |
| Symbol | NICO |
NICO Resources '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 NICO Resources' otc stock 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 NICO Resources.
| 12/23/2025 |
| 01/22/2026 |
If you would invest 0.00 in NICO Resources on December 23, 2025 and sell it all today you would earn a total of 0.00 from holding NICO Resources Limited or generate 0.0% return on investment in NICO Resources over 30 days. NICO Resources is related to or competes with Spruce Ridge, Triumph Gold, Stallion Discoveries, Fox River, and Cantex Mine. NICO Resources Limited engages in the exploration, development, and production of mineral properties in Australia More
NICO Resources 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 NICO Resources' otc stock 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 NICO Resources Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 73.81 | |||
| Potential Upside | 1.67 |
NICO Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NICO Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NICO Resources' standard deviation. In reality, there are many statistical measures that can use NICO Resources historical prices to predict the future NICO Resources' volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (1.52) | |||
| Treynor Ratio | 0.2686 |
NICO Resources Backtested Returns
NICO Resources retains Efficiency (Sharpe Ratio) of -0.0366, which conveys that the firm had a -0.0366 % return per unit of risk over the last 3 months. NICO Resources exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NICO Resources' Coefficient Of Variation of (2,817), mean deviation of 2.68, and Market Risk Adjusted Performance of 0.2786 to check out the risk estimate we provide. The company owns a Beta (Systematic Risk) of -1.28, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning NICO Resources are expected to decrease by larger amounts. On the other hand, during market turmoil, NICO Resources is expected to outperform it. At this point, NICO Resources has a negative expected return of -0.36%. Please make sure to verify NICO Resources' information ratio, as well as the relationship between the skewness and day typical price , to decide if NICO Resources performance from the past will be repeated in the future.
Auto-correlation | 0.00 |
No correlation between past and present
NICO Resources Limited has no correlation between past and present. Overlapping area represents the amount of predictability between NICO Resources time series from 23rd of December 2025 to 7th of January 2026 and 7th of January 2026 to 22nd of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of NICO Resources price movement. The serial correlation of 0.0 indicates that just 0.0% of current NICO Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.91 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
NICO Resources lagged returns against current returns
Autocorrelation, which is NICO Resources otc stock'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 NICO Resources' otc stock expected returns. We can calculate the autocorrelation of NICO Resources returns to help us make a trade decision. For example, suppose you find that NICO Resources has exhibited high autocorrelation historically, and you observe that the otc stock 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 |
NICO Resources 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 NICO Resources otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NICO Resources otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NICO Resources otc stock over time.
Current vs Lagged Prices |
| Timeline |
NICO Resources Lagged Returns
When evaluating NICO Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NICO Resources otc stock have on its future price. NICO Resources 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, NICO Resources autocorrelation shows the relationship between NICO Resources otc stock current value and its past values and can show if there is a momentum factor associated with investing in NICO Resources Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in NICO OTC Stock
NICO Resources financial ratios help investors to determine whether NICO OTC Stock 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 NICO with respect to the benefits of owning NICO Resources security.