Nicola Mining (Germany) Market Value

Nicola Mining appears to be abnormally volatile, given 3 months investment horizon. Nicola Mining has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12 % return per unit of risk over the last 3 months. By analyzing Nicola Mining's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please exercise Nicola Mining's Downside Deviation of 4.16, mean deviation of 3.49, and Risk Adjusted Performance of 0.0973 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Nicola Mining holds a performance score of 9. The company secures a Beta (Market Risk) of 0.41, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nicola Mining's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nicola Mining is expected to be smaller as well. Please check Nicola Mining's downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Nicola Mining's current price movements will revert.