Nike Inc Stock Pattern Recognition Two Crows
| NKE Stock | USD 61.81 0.79 1.26% |
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Recognition |
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was twelve with a total number of output elements of fourty-nine. The function did not return any valid pattern recognition events for the selected time horizon. Two Crows is a 3-day pattern that warns about a possible future trend reversal for Nike Inc.
Nike Technical Analysis Modules
Most technical analysis of Nike help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Nike from various momentum indicators to cycle indicators. When you analyze Nike charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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About Nike Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nike Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nike Inc based on widely used predictive technical indicators. In general, we focus on analyzing Nike Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nike's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Nike's intrinsic value. In addition to deriving basic predictive indicators for Nike, we also check how macroeconomic factors affect Nike price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
| 2023 | 2024 | 2025 | 2026 (projected) | Dividend Yield | 0.015 | 0.0256 | 0.0294 | 0.0279 | Price To Sales Ratio | 2.81 | 1.94 | 1.75 | 1.58 |
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Nike Inc pair trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nike position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nike will appreciate offsetting losses from the drop in the long position's value.Nike Pair Trading
Nike Inc Pair Trading Analysis
The ability to find closely correlated positions to Nike could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nike when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nike - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nike Inc to buy it.
The correlation of Nike is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nike moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nike Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nike can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 various price indices. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Will Textiles, Apparel & Luxury Goods sector continue expanding? Could Nike diversify its offerings? Factors like these will boost the valuation of Nike. Anticipated expansion of Nike directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Nike data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.32) | Dividend Share 1.61 | Earnings Share 1.71 | Revenue Per Share | Quarterly Revenue Growth 0.006 |
Investors evaluate Nike Inc using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Nike's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Nike's market price to deviate significantly from intrinsic value.
It's important to distinguish between Nike's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Nike should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Nike's market price signifies the transaction level at which participants voluntarily complete trades.