Nicholas Ltd Edition Fund Manager Performance Evaluation
| NCLEX Fund | USD 32.71 0.43 1.33% |
The fund secures a Beta (Market Risk) of 1.21, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Nicholas will likely underperform.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Nicholas Ltd Edition are ranked lower than 9 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak technical and fundamental indicators, Nicholas may actually be approaching a critical reversion point that can send shares even higher in December 2024.
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| Expense Ratio Date | 30th of April 2023 | |
| Expense Ratio | 0.8500 |
Nicholas |
Nicholas Relative Risk vs. Return Landscape
If you would invest 3,032 in Nicholas Ltd Edition on August 26, 2024 and sell it today you would earn a total of 239.00 from holding Nicholas Ltd Edition or generate 7.88% return on investment over 90 days. Nicholas Ltd Edition is currently producing 0.1222% returns and takes up 1.0473% volatility of returns over 90 trading days. Put another way, 9% of traded mutual funds are less volatile than Nicholas, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Nicholas Current Valuation
Fairly Valued
Today
Please note that Nicholas' price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Nicholas Edition secures a last-minute Real Value of $32.32 per share. The latest price of the fund is $32.71. We determine the value of Nicholas Edition from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Nicholas is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nicholas Mutual Fund. However, Nicholas' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 32.71 | Real 32.32 | Hype 32.69 | Naive 31.74 |
The intrinsic value of Nicholas' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Nicholas' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Nicholas Ltd Edition helps investors to forecast how Nicholas mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Nicholas more accurately as focusing exclusively on Nicholas' fundamentals will not take into account other important factors: Nicholas Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nicholas' investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Nicholas Ltd Edition, and traders can use it to determine the average amount a Nicholas' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1167
| Best Portfolio | Best Equity | |||
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| Cash | NCLEX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.05 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Nicholas 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 by adding it to a well-diversified portfolio.
Nicholas Fundamentals Growth
Nicholas Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Nicholas, and Nicholas fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Nicholas Mutual Fund performance.
| Price To Earning | 25.76 X | ||||
| Price To Book | 3.17 X | ||||
| Price To Sales | 1.37 X | ||||
| Total Asset | 436.57 M | ||||
About Nicholas Performance
Evaluating Nicholas' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Nicholas has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Nicholas has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund primarily primarily invests in common stocks of domestic corporations with small-and medium-sized market capitalizations believed to have growth potential. The advisor believes a companys annual sales volume and the market capitalization are the factors most illustrative of a companys size. The advisor generally considers companies with market capitalizations up to 3 billion as small, between 3 billion and 25 billion as medium, and greater than 25 billion as large.Things to note about Nicholas Edition performance evaluation
Checking the ongoing alerts about Nicholas for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Nicholas Edition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated three year return of 0.0% | |
| Nicholas Edition maintains 97.05% of its assets in stocks |
- Analyzing Nicholas' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Nicholas' stock is overvalued or undervalued compared to its peers.
- Examining Nicholas' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Nicholas' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nicholas' management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Nicholas' mutual fund. These opinions can provide insight into Nicholas' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Nicholas Mutual Fund
Nicholas 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 security.
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