Nike Stock Forecast - Daily Balance Of Power

NKE
 Stock
  

USD 103.25  0.47  0.46%   

Nike Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Nike historical stock prices and determine the direction of Nike Inc's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Nike historical fundamentals such as revenue growth or operating cash flow patterns. Although Nike naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Nike Inc systematic risk associated with finding meaningful patterns of Nike fundamentals over time.
Additionally, see Historical Fundamental Analysis of Nike to cross-verify your projections.
  
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Nike Inventory Turnover is projected to slightly decrease based on the last few years of reporting. The past year's Inventory Turnover was at 3.97. The current year Accrued Expenses Turnover is expected to grow to 10.79, whereas Receivables Turnover is forecasted to decline to 9.71. . The current year Weighted Average Shares is expected to grow to about 1.9 B. The current year Weighted Average Shares Diluted is expected to grow to about 2 B.

Open Interest Agains t 2022-07-01 Nike Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Nike's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest Nike's options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies Nike stock based on available contracts left at the end of a trading day.
Please note, to derive more accurate forecasting about market movement from the current Nike's open interest, investors have to compare it to Nike's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Nike is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Nike. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Nike Inc has current Daily Balance Of Power of 0.1152.
Most investors in Nike cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Nike's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Nike's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Nike Inc market sensitivity to bulls and bears. It estimates the ability of Nike buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Nike Balance of Power indicator one can determine a trend of the price direction.
  Previous Daily Balance Of PowerDaily Balance Of PowerTrend
0.06440.1152
Check Nike VolatilityBacktest NikeInformation Ratio  

Nike Trading Date Momentum

On June 30 2022 Nike Inc was traded for  103.25  at the closing time. Highest Nike's price during the trading hours was 105.61  and the lowest price during the day was  101.53 . The net volume was 10.3 M. The overall trading history on the 30th of June did not cause price change. The trading delta at closing time to current price is 0.25% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Nike

For every potential investor in Nike, whether a beginner or expert, Nike's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Nike Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Nike. Basic forecasting techniques help filter out the noise by identifying Nike's price trends.

View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Nike stock to make a market-neutral strategy. Peer analysis of Nike could also be used in its relative valuation, which is a method of valuing Nike by comparing valuation metrics with similar companies.

Nike Inc Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Nike's price movements, , a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Nike's current price.

Nike Market Strength Events

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

Nike Risk Indicators

The analysis of Nike's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Nike's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Nike stock price, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Nike without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, see Historical Fundamental Analysis of Nike to cross-verify your projections. Note that the Nike Inc information on this page should be used as a complementary analysis to other Nike'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 CEO Directory module to screen CEOs from public companies around the world.

Complementary Tools for Nike Stock analysis

When running Nike Inc price analysis, check to measure Nike'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 Nike is operating at the current time. Most of Nike's value examination focuses on studying past and present price action to predict the probability of Nike's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Nike's price. Additionally, you may evaluate how the addition of Nike to your portfolios can decrease your overall portfolio volatility.
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Is Nike'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 Nike. If investors know Nike 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 Nike listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Nike Inc is measured differently than its book value, which is the value of Nike that is recorded on the company's balance sheet. Investors also form their own opinion of Nike's value that differs from its market value or its book value, called intrinsic value, which is Nike'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 Nike's market value can be influenced by many factors that don't directly affect Nike'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 Nike's value and its price as these two are different measures arrived at by different means. Investors typically determine Nike value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nike'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.