Nicholas Global Equity Etf Fundamentals
| GIAX Etf | 16.72 0.11 0.66% |
As of the 23rd of January, Nicholas Global secures the Risk Adjusted Performance of 0.0343, downside deviation of 1.4, and Mean Deviation of 0.9121. Nicholas Global Equity technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the etf's future prices.
Nicholas Global's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Nicholas Global's valuation are provided below:Nicholas Global Equity does not presently have any fundamental ratios for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Nicholas | Build AI portfolio with Nicholas Etf |
The market value of Nicholas Global Equity is measured differently than its book value, which is the value of Nicholas that is recorded on the company's balance sheet. Investors also form their own opinion of Nicholas Global's value that differs from its market value or its book value, called intrinsic value, which is Nicholas Global'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 Nicholas Global's market value can be influenced by many factors that don't directly affect Nicholas Global'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 Nicholas Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nicholas Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nicholas Global'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.
Nicholas Global '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 Nicholas Global's etf 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 Nicholas Global.
| 10/25/2025 |
| 01/23/2026 |
If you would invest 0.00 in Nicholas Global on October 25, 2025 and sell it all today you would earn a total of 0.00 from holding Nicholas Global Equity or generate 0.0% return on investment in Nicholas Global over 90 days. Nicholas Global is related to or competes with AdvisorShares STAR, ProShares, Allianzim Large, Invesco SP, AIM ETF, Innovator ETFs, and 3D Printing. Nicholas Global is entity of United States More
Nicholas Global 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 Nicholas Global's etf 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 Nicholas Global Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.4 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 5.8 | |||
| Value At Risk | (2.28) | |||
| Potential Upside | 1.9 |
Nicholas Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nicholas Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nicholas Global's standard deviation. In reality, there are many statistical measures that can use Nicholas Global historical prices to predict the future Nicholas Global's volatility.| Risk Adjusted Performance | 0.0343 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0371 |
Nicholas Global January 23, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0343 | |||
| Market Risk Adjusted Performance | 0.0471 | |||
| Mean Deviation | 0.9121 | |||
| Semi Deviation | 1.26 | |||
| Downside Deviation | 1.4 | |||
| Coefficient Of Variation | 2428.75 | |||
| Standard Deviation | 1.21 | |||
| Variance | 1.46 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0371 | |||
| Maximum Drawdown | 5.8 | |||
| Value At Risk | (2.28) | |||
| Potential Upside | 1.9 | |||
| Downside Variance | 1.96 | |||
| Semi Variance | 1.59 | |||
| Expected Short fall | (0.94) | |||
| Skewness | (0.50) | |||
| Kurtosis | 0.4087 |
Nicholas Global Equity Backtested Returns
At this stage we consider Nicholas Etf to be very steady. Nicholas Global Equity has Sharpe Ratio of 0.011, which conveys that the entity had a 0.011 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Nicholas Global, which you can use to evaluate the volatility of the etf. Please verify Nicholas Global's Mean Deviation of 0.9121, downside deviation of 1.4, and Risk Adjusted Performance of 0.0343 to check out if the risk estimate we provide is consistent with the expected return of 0.0136%. The etf secures a Beta (Market Risk) of 1.07, which conveys a somewhat significant risk relative to the market. Nicholas Global returns are very sensitive to returns on the market. As the market goes up or down, Nicholas Global is expected to follow.
Auto-correlation | -0.01 |
Very weak reverse predictability
Nicholas Global Equity has very weak reverse predictability. Overlapping area represents the amount of predictability between Nicholas Global time series from 25th of October 2025 to 9th of December 2025 and 9th of December 2025 to 23rd 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 Nicholas Global Equity price movement. The serial correlation of -0.01 indicates that just 1.0% of current Nicholas Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
| Competition |
Based on the recorded statements, Nicholas Global Equity has an One Year Return of 10.4%. This is much higher than that of the family and significantly higher than that of the Derivative Income category. The one year return for all United States etfs is notably lower than that of the firm.
Nicholas One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nicholas Global's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Nicholas Global could also be used in its relative valuation, which is a method of valuing Nicholas Global by comparing valuation metrics of similar companies.Nicholas Global is currently under evaluation in one year return as compared to similar ETFs.
About Nicholas Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nicholas Global Equity's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nicholas Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nicholas Global Equity based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Nicholas Global is entity of United States. It is traded as Etf on NYSE ARCA exchange.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Nicholas Global Equity offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nicholas Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nicholas Global Equity Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Nicholas Global Equity Etf:Check out Nicholas Global Piotroski F Score and Nicholas Global Altman Z Score analysis. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of Nicholas Global Equity is measured differently than its book value, which is the value of Nicholas that is recorded on the company's balance sheet. Investors also form their own opinion of Nicholas Global's value that differs from its market value or its book value, called intrinsic value, which is Nicholas Global'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 Nicholas Global's market value can be influenced by many factors that don't directly affect Nicholas Global'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 Nicholas Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nicholas Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nicholas Global'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.