Nice Ltd Adr Stock Alpha and Beta Analysis
| NICE Stock | USD 224.19 6.76 2.93% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Nice Ltd ADR. It also helps investors analyze the systematic and unsystematic risks associated with investing in Nice over a specified time horizon. Remember, high Nice'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. Key technical indicators related to Nice's market risk premium analysis include:
Beta 1.34 | Alpha 0.1 | Risk 1.87 | Sharpe Ratio 0.0502 | Expected Return 0.094 |
Enterprise Value |
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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.
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Nice Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Nice market risk premium is the additional return an investor will receive from holding Nice 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 Nice. 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 Nice's performance over market.| α | 0.10 | β | 1.34 |
Nice 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 Nice's Buy-and-hold return. Our buy-and-hold chart shows how Nice performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Nice Market Price Analysis
Market price analysis indicators help investors to evaluate how Nice stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nice shares will generate the highest return on investment. By understating and applying Nice stock market price indicators, traders can identify Nice position entry and exit signals to maximize returns.
Nice Return and Market Media
The median price of Nice for the period between Sat, Jan 20, 2024 and Fri, Apr 19, 2024 is 238.2 with a coefficient of variation of 6.87. The daily time series for the period is distributed with a sample standard deviation of 16.03, arithmetic mean of 233.28, and mean deviation of 13.87. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Earnest Partners LLC Has 17.70 Million Holdings in NICE Ltd. | 03/06/2024 |
2 | NICE Recognized as Best Digital Transformation Partner Company by 2024 Global Banking Finance Review Awards | 03/20/2024 |
3 | NICE Delivers Major CX AI Milestone with Enlighten Managing 100 Million Customer Interactions Per Month | 03/25/2024 |
4 | NICE Named a Leader in the 2024 Aragon Research Globe for Conversational AI in the Intelligent Contact Center | 03/27/2024 |
5 | Triple Impact Connections Increases its Digital CX Capabilities with CXone | 03/28/2024 |
6 | From Patient To Million Dollar Woman The Terrible Inequity Of Brain Cancer | 04/03/2024 |
7 | NICE Actimize Honored for Best Transaction Monitoring Solution by Regulation Asias 2023 Excellence Awards | 04/04/2024 |
8 | NICE Actimize Announces New Integrated Fraud Management Platform Delivering Pervasive AI Across Fraud Prevention | 04/09/2024 |
9 | Nice Stock Moves -0.18 percent What You Should Know | 04/15/2024 |
10 | NICE Actimize Positioned as a Leading Luminary in Financial Crime Technology in Celents 2024 Watchlist Screening Report | 04/18/2024 |
About Nice 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 financial instruments including Nice or other stocks. Alpha measures the amount that position in Nice Ltd ADR 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.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 2.31E-4 | 7.8E-5 | 8.9E-5 | 8.5E-5 | Price To Sales Ratio | 9.99 | 5.62 | 5.34 | 3.06 |
Nice Upcoming Company Events
As portrayed in its financial statements, the presentation of Nice's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Nice's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Nice's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Nice. Please utilize our Beneish M Score to check the likelihood of Nice's management manipulating its earnings.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Nice
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
Check out Nice Backtesting, Nice Valuation, Nice Correlation, Nice Hype Analysis, Nice Volatility, Nice History and analyze Nice Performance. Note that the Nice Ltd ADR information on this page should be used as a complementary analysis to other Nice'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 the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Nice Stock analysis
When running Nice's price analysis, check to measure Nice'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 Nice is operating at the current time. Most of Nice's value examination focuses on studying past and present price action to predict the probability of Nice's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nice's price. Additionally, you may evaluate how the addition of Nice to your portfolios can decrease your overall portfolio volatility.
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