Nike Stock Price on October 3, 2022 Breakdown

NKE
 Stock
  

USD 104.96  1.00  0.94%   

As of today, the current price of Nike is  104.96 , as last reported on the 28th of November, with the highest price reaching  106.30  and the lowest price hitting  104.65  during the day.
We consider Nike very steady. Nike Inc has Sharpe Ratio of 0.0074, which conveys that the firm had 0.0074% of return per unit of risk over the last 3 months. Our standpoint towards estimating the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for Nike, which you can use to evaluate the future volatility of the firm. Please verify Nike Inc risk adjusted performance of (0.006802), and Mean Deviation of 2.1 to check out if the risk estimate we provide is consistent with the expected return of 0.0225%.
  
As of November 28, 2022, Net Income Common Stock is expected to decline to about 5.3 B. As of November 28, 2022, Price to Book Value is expected to decline to 15.63. In addition to that, Price to Earnings Ratio is expected to decline to 41.07. Nike Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Most Recent Activity

Shares Float
1.2 B
Shares Outstanding
1.3 B
Shares Short Prior Month
18 M
Dividend Share
1.22
Earnings Share
3.52
Shares Short
16.1 M

Nike Main Headline on 3rd of October 2022

Nike Inc dividend paid on 3rd of October 2022

Nike Valuation on October 3, 2022

It is possible to determine the worth of Nike on a given historical date. On October 3, 2022 Nike was worth 83.13 at the beginning of the trading date compared to the closed value of 85.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nike stock. Still, in general, we apply an absolute valuation method to find Nike's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nike's related companies.
 Open High Low Close Volume
  83.30    86.20    82.50    83.12    48,027,894  
10/03/2022
  83.13    86.46    82.22    85.40    19,087,517  
  87.70    89.07    87.11    88.64    14,525,464  
Backtest Nike  |  Nike History  |  Nike Valuation   PreviousNext  
Open Value 83.13
85.4
Closing Value
92.23
Upside

Nike Trading Date Momentum on October 3, 2022

On October 04 2022 Nike Inc was traded for  88.64  at the closing time. Highest Nike's price during the trading hours was 89.07  and the lowest price during the day was  87.11 . The net volume was 14.5 M. The overall trading history on the 4th of October contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 3.79% . The trading delta at closing time to current price is 1.16% .

Nike Inc Fundamentals Correlations and Trends

By evaluating Nike's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nike's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nike financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Nike Stock history

Nike investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Nike is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nike Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Nike historical stock prices may prove useful in developing a viable investing in Nike
Last ReportedProjected for 2022
Weighted Average Shares1.6 B1.8 B
Weighted Average Shares Diluted1.6 B1.9 B
Issuance Purchase of Equity Shares507.6 M547.7 M

Nike Stock Technical Analysis

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...

Price Boundaries

Nike Period Price Range

Low
October 3, 2022
High

 83.13 

  

 85.40 

2.272.73%

Nike November 28, 2022 Market Strength

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 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Nike stock's direction in advance. Along with the technical and fundamental analysis of Nike Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nike to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Additionally, see Correlation Analysis. You can also try Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

Complementary Tools for 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.
Quarterly Earnings Growth YOY
(0.20) 
Market Capitalization
165.8 B
Quarterly Revenue Growth YOY
0.036
Return On Assets
0.0988
Return On Equity
0.37
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.