Nike Stock Performance

NKE -  USA Stock  

USD 106.44  2.93  2.68%

The company secures a Beta (Market Risk) of 1.6186, which conveys a somewhat significant risk relative to the market. 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. Even though it is essential to pay attention to Nike Inc price patterns, it is always good to be careful when utilizing equity historical price patterns. Our philosophy towards estimating any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Nike exposes twenty-seven different technical indicators, which can help you to evaluate its performance. Nike Inc has an expected return of -0.43%. Please be advised to verify Nike Inc potential upside, and the relationship between the sortino ratio and skewness to decide if Nike Inc performance from the past will be repeated at some point in the near future.
  
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Nike Performance
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Over the last 90 days Nike Inc has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's forward-looking signals remain rather sound which may send shares a bit higher in June 2022. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more

Nike Price Channel

Quick Ratio2.13
Fifty Two Week Low105.00
Target High Price203.00
Fifty Two Week High179.10
Payout Ratio29.66%
Trailing Annual Dividend Yield1.05%
Target Low Price130.00

Nike Relative Risk vs. Return Landscape

If you would invest  14,262  in Nike Inc on February 18, 2022 and sell it today you would lose (3,618)  from holding Nike Inc or give up 25.37% of portfolio value over 90 days. Nike Inc is generating negative expected returns assuming volatility of 2.7384% on return distribution over 90 days investment horizon. In other words, 23% of stocks are less volatile than Nike, and above 99% of all equities are expected to generate higher returns over the next 90 days.
 Daily Expected Return (%) 
      Risk (%) 
Considering the 90-day investment horizon Nike is expected to under-perform the market. In addition to that, the company is 2.01 times more volatile than its market benchmark. It trades about -0.16 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.09 per unit of volatility.

Nike Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Nike's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nike Inc, and traders can use it to determine the average amount a Nike's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.1557

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Negative ReturnsNKE
Estimated Market Risk
 2.74
  actual daily
 
 23 %
of total potential
 
2323
Expected Return
 -0.43
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 0 %
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Risk-Adjusted Return
 -0.16
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Based on monthly moving average Nike is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nike by adding it to a well-diversified portfolio.

About Nike Performance

To evaluate Nike Inc Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Nike generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Nike Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Nike Inc stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Nike's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon. Nike operates under Footwear Accessories classification in the United States and is traded on New York Stock Exchange. It employs 73300 people.

Things to note about Nike Inc

Checking the ongoing alerts about Nike for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nike Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Nike Alerts

Equity Alerts and Improvement Suggestions

Nike Inc generated a negative expected return over the last 90 days
Over 84.0% of the company shares are owned by institutional investors
Latest headline from www.nasdaq.com: Why Nike Stock Stumbled to a Nearly 6 percent Fall Today - Nasdaq
Additionally, see Stocks Correlation. 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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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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.