Nice Ltd Adr Stock Technical Analysis
NICE Stock | USD 224.19 6.76 2.93% |
As of the 20th of April, Nice secures the Downside Deviation of 1.59, mean deviation of 1.34, and Risk Adjusted Performance of 0.0568. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nice Ltd ADR, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to break down nineteen technical drivers for Nice, which can be compared to its peers in the industry. Please verify Nice Ltd ADR coefficient of variation, maximum drawdown, skewness, as well as the relationship between the information ratio and downside variance to decide if Nice Ltd ADR is priced some-what accurately, providing market reflects its recent price of 224.19 per share. Given that Nice Ltd ADR has jensen alpha of 0.0483, we recommend you to check Nice's last-minute market performance to make sure the company can sustain itself at a future point.
Nice Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nice, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NiceNice |
Nice Analyst Consensus
Target Price | Advice | # of Analysts | |
248.27 | Strong Buy | 14 | Odds |
Most Nice analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Nice stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Nice Ltd ADR, talking to its executives and customers, or listening to Nice conference calls.
Nice technical stock 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, stock market cycles, or different charting patterns.
Nice Ltd ADR Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Nice Ltd ADR volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Nice Ltd ADR Trend Analysis
Use this graph to draw trend lines for Nice Ltd ADR. You can use it to identify possible trend reversals for Nice as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Nice price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nice Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nice Ltd ADR applied against its price change over selected period. The best fit line has a slop of 0.49 , which means Nice Ltd ADR will continue generating value for investors. It has 122 observation points and a regression sum of squares at 9188.49, which is the sum of squared deviations for the predicted Nice price change compared to its average price change.About Nice Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Nice Ltd ADR on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Nice Ltd ADR based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Nice Ltd ADR price pattern first instead of the macroeconomic environment surrounding Nice Ltd ADR. By analyzing Nice's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Nice's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Nice specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 2.31E-4 | 7.8E-5 | 8.9E-5 | 8.5E-5 | Price To Sales Ratio | 9.99 | 5.62 | 5.34 | 3.06 |
Nice April 20, 2024 Technical Indicators
Most technical analysis of Nice 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 Nice from various momentum indicators to cycle indicators. When you analyze Nice charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0568 | |||
Market Risk Adjusted Performance | 0.1225 | |||
Mean Deviation | 1.34 | |||
Semi Deviation | 1.4 | |||
Downside Deviation | 1.59 | |||
Coefficient Of Variation | 1224.54 | |||
Standard Deviation | 1.91 | |||
Variance | 3.65 | |||
Information Ratio | 0.037 | |||
Jensen Alpha | 0.0483 | |||
Total Risk Alpha | (0.09) | |||
Sortino Ratio | 0.0445 | |||
Treynor Ratio | 0.1125 | |||
Maximum Drawdown | 12.1 | |||
Value At Risk | (2.83) | |||
Potential Upside | 3.05 | |||
Downside Variance | 2.52 | |||
Semi Variance | 1.95 | |||
Expected Short fall | (1.49) | |||
Skewness | 1.33 | |||
Kurtosis | 5.12 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nice Ltd ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Nice Ltd ADR information on this page should be used as a complementary analysis to other Nice's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Nice Stock analysis
When running Nice's price analysis, check to measure Nice's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nice is operating at the current time. Most of Nice's value examination focuses on studying past and present price action to predict the probability of Nice's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nice's price. Additionally, you may evaluate how the addition of Nice to your portfolios can decrease your overall portfolio volatility.
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Is Nice's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nice. If investors know Nice will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nice listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.168 | Earnings Share 5.1 | Revenue Per Share 1.4955 | Quarterly Revenue Growth 0.096 | Return On Assets 0.054 |
The market value of Nice Ltd ADR is measured differently than its book value, which is the value of Nice that is recorded on the company's balance sheet. Investors also form their own opinion of Nice's value that differs from its market value or its book value, called intrinsic value, which is Nice'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 Nice's market value can be influenced by many factors that don't directly affect Nice'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 Nice's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nice is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nice'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.