Nicola Mining's market value is the price at which a share of Nicola Mining trades on a public exchange. It measures the collective expectations of Nicola Mining investors about its performance. Nicola Mining is trading at 0.56 as of the 5th of August 2025. This is a No Change since the beginning of the trading day. The stock's lowest day price was 0.54. With this module, you can estimate the performance of a buy and hold strategy of Nicola Mining and determine expected loss or profit from investing in Nicola Mining over a given investment horizon. Check out Nicola Mining Correlation, Nicola Mining Volatility and Nicola Mining Alpha and Beta module to complement your research on Nicola Mining.
Please note, there is a significant difference between Nicola Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nicola Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nicola Mining'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.
Nicola Mining '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 Nicola Mining's otc stock 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 Nicola Mining.
0.00
05/07/2025
No Change 0.00
0.0
In 2 months and 31 days
08/05/2025
0.00
If you would invest 0.00 in Nicola Mining on May 7, 2025 and sell it all today you would earn a total of 0.00 from holding Nicola Mining or generate 0.0% return on investment in Nicola Mining over 90 days. Nicola Mining is related to or competes with Piedmont Lithium, Sigma Lithium, Standard Lithium, MP Materials, and Vale SA. Nicola Mining Inc., a junior exploration and custom milling company, engages in the identification, acquisition, and exp... More
Nicola Mining 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 Nicola Mining's otc stock 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 Nicola Mining upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nicola Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nicola Mining's standard deviation. In reality, there are many statistical measures that can use Nicola Mining historical prices to predict the future Nicola Mining's volatility.
Nicola Mining is out of control given 3 months investment horizon. Nicola Mining has Sharpe Ratio of 0.24, which conveys that the firm had a 0.24 % return per unit of risk over the last 3 months. We were able to collect and analyze data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.42% are justified by taking the suggested risk. Use Nicola Mining Downside Deviation of 5.09, mean deviation of 3.33, and Risk Adjusted Performance of 0.1871 to evaluate company specific risk that cannot be diversified away. Nicola Mining holds a performance score of 18 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -0.73, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Nicola Mining are expected to decrease at a much lower rate. During the bear market, Nicola Mining is likely to outperform the market. Use Nicola Mining coefficient of variation, potential upside, day median price, as well as the relationship between the sortino ratio and skewness , to analyze future returns on Nicola Mining.
Auto-correlation
0.89
Very good predictability
Nicola Mining has very good predictability. Overlapping area represents the amount of predictability between Nicola Mining time series from 7th of May 2025 to 21st of June 2025 and 21st of June 2025 to 5th of August 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Nicola Mining price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current Nicola Mining price fluctuation can be explain by its past prices.
Correlation Coefficient
0.89
Spearman Rank Test
0.93
Residual Average
0.0
Price Variance
0.0
Nicola Mining lagged returns against current returns
Autocorrelation, which is Nicola Mining otc stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Nicola Mining's otc stock expected returns. We can calculate the autocorrelation of Nicola Mining returns to help us make a trade decision. For example, suppose you find that Nicola Mining has exhibited high autocorrelation historically, and you observe that the otc stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Nicola Mining regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Nicola Mining otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nicola Mining otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nicola Mining otc stock over time.
Current vs Lagged Prices
Timeline
Nicola Mining Lagged Returns
When evaluating Nicola Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nicola Mining otc stock have on its future price. Nicola Mining autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Nicola Mining autocorrelation shows the relationship between Nicola Mining otc stock current value and its past values and can show if there is a momentum factor associated with investing in Nicola Mining.
Other Information on Investing in Nicola OTC Stock
Nicola Mining financial ratios help investors to determine whether Nicola OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nicola with respect to the benefits of owning Nicola Mining security.