Nike Stock Alpha and Beta Analysis


USD 112.91  4.91  4.55%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Nike Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Nike over a specified time horizon. Remember, high Nike's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Additionally, see Nike Backtesting, Nike Valuation, Nike Correlation, Nike Hype Analysis, Nike Volatility, Nike History and analyze Nike Performance.
Please note that although Nike alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Nike did 0.014801  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Nike Inc stock's relative risk over its benchmark. Nike Inc has a beta of 1.54  . Let's try to break down what Nike's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Nike will likely underperform.
The current year Enterprise Value is expected to grow to about 272.9 B, whereas Book Value per Share is forecasted to decline to 8.62.
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Enterprise Value

272.89 Billion


Nike Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Nike market risk premium is the additional return an investor will receive from holding Nike long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Nike. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Nike's performance over market.
α0.014801   β1.54
90 days against DJI

Nike expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Nike's Buy-and-hold return. Our buy-and-hold chart shows how Nike performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Nike Market Price Analysis

Market price analysis 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 understating and applying Nike stock market price indicators, traders can identify Nike position entry and exit signals to maximize returns.

Nike Return and Market Media

The median price of Nike for the period between Tue, Mar 29, 2022 and Mon, Jun 27, 2022 is 120.95 with a coefficient of variation of 8.36. The daily time series for the period is distributed with a sample standard deviation of 10.1, arithmetic mean of 120.86, and mean deviation of 8.79. The Stock received a lot of media exposure during the period.
 Price Growth (%)  
Acquisition or disposition of Nike securities by Travis Knig...04/01/2022
Payment of 20823 shares by Heidi ONeill of Nike subject to R...04/19/2022
US stocks higher at close of trade Dow Jones Industrial Aver...05/03/2022
Nikes stock in danger of first back-to-back 5 drops in 22 ye...05/06/2022
US stocks higher at close of trade Dow Jones Industrial Aver...05/13/2022
Athletic Footwear Market Winning DTC and Digital Marketplace...05/17/2022
NIKE, Inc. Announces Fourth Quarter Fiscal 2022 Earnings and...05/24/2022
A Look At The Intrinsic Value Of NIKE, Inc. - Yahoo Movies U...06/01/2022
Sale by Andrew Campion of 14203 shares of Nike06/06/2022
SP in bear market as stocks resume losses COIN, RIOT fall sh...06/13/2022
EPS Estimate06/23/2022
Nike Earnings Loom Analysts Cut NKE Stock Targets On China, ...06/24/2022

About Nike Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Nike Inc has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2019 2020 2021 2022 (projected)
Long Term Debt to Equity1.170.740.660.72
Interest Coverage33.4426.4230.3931.19

Nike Upcoming Company Events

As portrayed in its financial statements, the presentation of Nike's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Nike's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Nike's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Nike. Please utilize our Beneish M Score to check the likelihood of Nike's management manipulating its earnings.
Upcoming Quarterly Report17th of March 2022
Next Financial Report23rd of June 2022
Next Fiscal Quarter End28th of February 2022
Next Fiscal Year End23rd of June 2022
Last Quarter Report30th of November 2021
Last Financial Announcement28th of February 2021

Build Portfolio with Nike

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

Build Diversified Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Additionally, see Nike Backtesting, Nike Valuation, Nike Correlation, Nike Hype Analysis, Nike Volatility, Nike History and analyze Nike Performance. 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 Shere Portfolio module to track or share privately all of your investments from the convenience of any device.

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.
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Global Correlations
Find global opportunities by holding instruments from different markets
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Transaction History
View history of all your transactions and understand their impact on performance
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Nike technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Nike technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nike trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...