Nice Ltd Adr Stock Price on April 23, 2024
| NICE Stock | USD 219.52 1.42 0.64% |
If you're considering investing in Nice Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nice stands at 219.52, as last reported on the 3rd of May, with the highest price reaching 221.97 and the lowest price hitting 217.50 during the day. We consider Nice very steady. Nice Ltd ADR has Sharpe Ratio of 0.0416, which conveys that the firm had a 0.0416% return per unit of risk over the last 3 months. We have found thirty technical indicators for Nice, which you can use to evaluate the volatility of the firm. Please verify Nice's Downside Deviation of 1.5, risk adjusted performance of 0.0333, and Mean Deviation of 1.25 to check out if the risk estimate we provide is consistent with the expected return of 0.0765%.
Nice Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nice |
Sharpe Ratio = 0.0416
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| Cash | Small Risk | NICE | High Risk | Huge Risk |
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Estimated Market Risk
| 1.84 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Nice is performing at about 3% 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 Nice by adding it to a well-diversified portfolio.
Related Headline
Verint Systems Headline on 23rd of April 2024
Disposition of 350 shares by Dan Bodner of Verint Systems at... by finance.yahoo.com
Filed transaction by Verint Systems Director, Officer: Chairman & Ceo. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Nice Valuation on April 23, 2024
It is possible to determine the worth of Nice on a given historical date. On April 23, 2024 Nice was worth 227.49 at the beginning of the trading date compared to the closed value of 228.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nice stock. Still, in general, we apply an absolute valuation method to find Nice'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 Nice where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nice's related companies.
| Open | High | Low | Close | Volume | |
| 225.98 | 226.78 | 222.14 | 224.42 | 257,033 | |
04/23/2024 | 227.49 | 229.06 | 225.74 | 228.43 | 274,484 |
| 229.76 | 231.67 | 228.87 | 230.71 | 172,325 |
| Backtest Nice | | | Nice History | | | Nice Valuation | Previous | Next |
Nice Trading Date Momentum on April 23, 2024
| On April 24 2024 Nice Ltd ADR was traded for 230.71 at the closing time. The top price for the day was 231.67 and the lowest listed price was 228.87 . The trading volume for the day was 172.3 K. The trading history from April 24, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 1.00% . The trading delta at closing time against the current closing price is 2.85% . |
Nice Ltd ADR Fundamentals Correlations and Trends
By evaluating Nice'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 Nice's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nice financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nice Stock history
Nice 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 Nice is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nice Ltd ADR 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 Nice stock prices may prove useful in developing a viable investing in Nice
NICE Ltd., together with its subsidiaries, provides cloud platforms for AI-driven digital business solutions worldwide. NICE Ltd. was founded in 1986 and is based in Raanana, Israel. Nice operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 7102 people.
Nice Stock Technical Analysis
Nice 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.
Price Boundaries
Nice Period Price Range
Low | April 23, 2024
| High |
227.49 | 228.43 |
Nice May 3, 2024 Market Strength
Market strength 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 undertsting and applying Nice stock market strength indicators, traders can identify Nice Ltd ADR entry and exit signals to maximize returns
Nice Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nice's price direction in advance. Along with the technical and fundamental analysis of Nice Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nice 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 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.
| Risk Adjusted Performance | 0.0333 | |||
| Jensen Alpha | 0.0497 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0142 | |||
| Treynor Ratio | 0.1794 |
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| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nice Ltd ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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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Is Nice'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 Nice. If investors know Nice 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 Nice 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 Nice Ltd ADR is measured differently than its book value, which is the value of Nice that is recorded on the company's balance sheet. Investors also form their own opinion of Nice's value that differs from its market value or its book value, called intrinsic value, which is Nice'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 Nice's market value can be influenced by many factors that don't directly affect Nice'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 Nice's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nice is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nice'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.