Nike Stock Market Value

NKE
 Stock
  

USD 102.78  7.72  6.99%   

Nike's market value is the price at which a share of Nike stock trades on a public exchange. It measures the collective expectations of Nike Inc investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Nike Inc and determine expected loss or profit from investing in Nike over a given investment horizon. Additionally, see Nike Hype Analysis, Nike Correlation, Nike Valuation, Nike Volatility, as well as analyze Nike Alpha and Beta and Nike Performance.
Symbol
Backtest


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
-0.033
Market Capitalization
173.9 B
Quarterly Revenue Growth YOY
0.05
Return On Assets
0.12
Return On Equity
0.46
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.

Nike '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 Nike's 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 Nike.
0.00
04/30/2022
No Change 0.00  0.0 
In 2 months and 1 day
06/29/2022
0.00
If you would invest  0.00  in Nike on April 30, 2022 and sell it all today you would earn a total of 0.00 from holding Nike Inc or generate 0.0% return on investment in Nike over 60 days. Nike is related to or competes with Under Armour, Procter Gamble, Ralph Lauren, Nu Skin, JM Smucker, T.J. Maxx, and Weis Markets. NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment,...More

Nike 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 Nike's 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 Nike Inc upside and downside potential and time the market with a certain degree of confidence.

Nike Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Nike's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nike's standard deviation. In reality, there are many statistical measures that can use Nike historical prices to predict the future Nike's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Nike's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Nike in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
99.83102.74105.65
Details
Intrinsic
Valuation
LowReal ValueHigh
92.50123.25126.16
Details
Naive
Forecast
LowNext ValueHigh
93.9596.8799.78
Details
22 Analysts
Consensus
LowTarget PriceHigh
140.00184.65202.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Nike. Your research has to be compared to or analyzed against Nike's peers to derive any actionable benefits. When done correctly, Nike's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Nike Inc.

Nike Inc Backtested Returns

We consider Nike very steady. Nike Inc has Sharpe Ratio of 0.0173, which conveys that the firm had 0.0173% of return per unit of risk over the last 24 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 Downside Deviation of 1.89, risk adjusted performance of 0.0213, and Mean Deviation of 1.39 to check out if the risk estimate we provide is consistent with the expected return of 0.0338%.
Nike has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.1333, which conveys a somewhat significant risk relative to the market. Let's try to break down what Nike's beta means in this case. Nike returns are very sensitive to returns on the market. As the market goes up or down, Nike is expected to follow. Although it is important to respect Nike Inc price patterns, it is better to be realistic regarding the information on the equity's historical price patterns. The philosophy towards estimating future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Nike Inc technical indicators, you can presently evaluate if the expected return of 0.0338% will be sustainable into the future. Nike Inc right now secures a risk of 1.95%. Please verify Nike Inc potential upside, and the relationship between the sortino ratio and skewness to decide if Nike Inc will be following its current price movements.

Auto-correlation

    
  0.35  

Below average predictability

Nike Inc has below average predictability. Overlapping area represents the amount of predictability between Nike time series from 30th of April 2022 to 30th of May 2022 and 30th of May 2022 to 29th of June 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Nike Inc price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Nike price fluctuation can be explain by its past prices.
Correlation Coefficient0.35
Spearman Rank Test0.35
Residual Average0.0
Price Variance41.76

Nike Inc lagged returns against current returns

Autocorrelation, which is Nike 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 Nike's stock expected returns. We can calculate the autocorrelation of Nike returns to help us make a trade decision. For example, suppose you find that Nike stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 
Share
      Timeline 

Nike 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 Nike stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nike stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nike stock over time.
 Current vs Lagged Prices 
Share
      Timeline 

Nike Lagged Returns

When evaluating Nike's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nike stock have on its future price. Nike 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, Nike autocorrelation shows the relationship between Nike stock current value and its past values and can show if there is a momentum factor associated with investing in Nike Inc.
 Regressed Prices 
Share
      Timeline 

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.

Did you try this?

Run Correlation Analysis Now

   

Correlation Analysis

Reduce portfolio risk simply by holding instruments which are not perfectly correlated
All  Next Launch Module

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Nike Inc using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal 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 Hype Analysis, Nike Correlation, Nike Valuation, Nike Volatility, as well as analyze Nike Alpha and Beta and 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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.
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Go
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Go
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Go
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Go
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...