Nikola Corp Stock Analysis

Nikola Stock Analysis Notes

About 25.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.26. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Nikola Corp recorded a loss per share of 12.34. The entity had not issued any dividends in recent years. The firm had 1:30 split on the 25th of June 2024. Nikola Corporation operates as a technology innovator and integrator that works to develop energy and transportation solutions. The company also assembles, integrates, and commissions its vehicles in collaboration with its business partners and suppliers. Nikola Corp operates under Farm Heavy Construction Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 900 people. To find out more about Nikola Corp contact Michael Lohscheller at 480 581 8888 or learn more at https://www.nikolamotor.com.

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Nikola Corp Thematic Classifications

Nikola Stock Institutional Investors

Note, although Nikola Corp's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Nikola Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 102.21 M.

Nikola Profitablity

Management Efficiency

Nikola Corp has return on total asset (ROA) of (0.3086) % which means that it has lost $0.3086 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.2918) %, meaning that it created substantial loss on money invested by shareholders. Nikola Corp's management efficiency ratios could be used to measure how well Nikola Corp manages its routine affairs as well as how well it operates its assets and liabilities. As of December 18, 2024, Return On Tangible Assets is expected to decline to -0.86. In addition to that, Return On Capital Employed is expected to decline to -0.67. At present, Nikola Corp's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 192.6 M, whereas Total Assets are forecasted to decline to about 920.5 M.

Technical Drivers

As of the 18th of December 2024, Nikola Corp secures the Risk Adjusted Performance of (0.20), mean deviation of 4.84, and Standard Deviation of 7.05. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nikola Corp, as well as the relationship between them.

Nikola Corp Price Movement Analysis

Nikola Corp Insider Trading Activities

Nikola Corp Outstanding Bonds

Nikola Corp Predictive Daily Indicators

Nikola Corp Forecast Models

Nikola Corp's time-series forecasting models are one of many Nikola Corp's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Nikola Corp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Nikola Corp prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Nikola shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Nikola Corp. By using and applying Nikola Stock analysis, traders can create a robust methodology for identifying Nikola entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Nikola analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Nikola analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Nikola Corp stock analysis indicators help investors evaluate how Nikola Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Nikola Corp shares will generate the highest return on investment. By understating and applying Nikola Corp stock analysis, traders can identify Nikola Corp position entry and exit signals to maximize returns.

When running Nikola Corp's price analysis, check to measure Nikola Corp'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 Nikola Corp is operating at the current time. Most of Nikola Corp's value examination focuses on studying past and present price action to predict the probability of Nikola Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nikola Corp's price. Additionally, you may evaluate how the addition of Nikola Corp to your portfolios can decrease your overall portfolio volatility.