NIKE is trading at 74.96 as of the 18th of December 2024, a 1.76% up since the beginning of the trading day. The stock's lowest day price was 73.37. NIKE has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. The performance scores are derived for the period starting the 29th of December 2022 and ending today, the 18th of December 2024. Click here to learn more.
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. NIKE's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding NIKE or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
NIKE Inc (NKE) is traded on Berlin Exchange in Germany and employs 32 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 236.94 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NIKE's market, we take the total number of its shares issued and multiply it by NIKE's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. NIKE Inc operates under Other sector and is part of Other industry.
NIKE generates positive cash flow from operations, but has no cash available
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NIKE Inc Risk Profiles
Although NIKE's alpha and beta are two of the key measurements used to evaluate NIKE's performance over the market, the standard measures of volatility play an important role as well.
Our tools can tell you how much better you can do entering a position in NIKE without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.
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Additional Information and Resources on Investing in NIKE Stock
When determining whether NIKE Inc is a strong investment it is important to analyze NIKE's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NIKE's future performance. For an informed investment choice regarding NIKE Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NIKE Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Please note, there is a significant difference between NIKE's value and its price as these two are different measures arrived at by different means. Investors typically determine if NIKE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NIKE'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.