Nicholas Equity Income Fund Market Value
| NSEIX Fund | USD 22.24 0.01 0.04% |
| Symbol | Nicholas |
Nicholas Equity '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 Nicholas Equity's mutual fund 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 Nicholas Equity.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Nicholas Equity on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Nicholas Equity Income or generate 0.0% return on investment in Nicholas Equity over 90 days. Nicholas Equity is related to or competes with Rational Dividend, Ips Strategic, Iaadx, and Ab Select. To achieve moderate long-term growth, the fund seeks a five-year return which approximates three-fourths of the average ... More
Nicholas Equity 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 Nicholas Equity's mutual fund 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 Nicholas Equity Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8051 | |||
| Information Ratio | 0.0449 | |||
| Maximum Drawdown | 4.08 | |||
| Value At Risk | (1.04) | |||
| Potential Upside | 1.58 |
Nicholas Equity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nicholas Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nicholas Equity's standard deviation. In reality, there are many statistical measures that can use Nicholas Equity historical prices to predict the future Nicholas Equity's volatility.| Risk Adjusted Performance | 0.2066 | |||
| Jensen Alpha | 0.0665 | |||
| Total Risk Alpha | 0.0557 | |||
| Sortino Ratio | 0.044 | |||
| Treynor Ratio | 0.2181 |
Nicholas Equity Income Backtested Returns
Nicholas Equity appears to be very steady, given 3 months investment horizon. Nicholas Equity Income has Sharpe Ratio of 0.31, which conveys that the entity had a 0.31 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Nicholas Equity, which you can use to evaluate the volatility of the fund. Please exercise Nicholas Equity's Downside Deviation of 0.8051, mean deviation of 0.5917, and Risk Adjusted Performance of 0.2066 to check out if our risk estimates are consistent with your expectations. The fund secures a Beta (Market Risk) of 0.76, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nicholas Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nicholas Equity is expected to be smaller as well.
Auto-correlation | 0.83 |
Very good predictability
Nicholas Equity Income has very good predictability. Overlapping area represents the amount of predictability between Nicholas Equity time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Nicholas Equity Income price movement. The serial correlation of 0.83 indicates that around 83.0% of current Nicholas Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
Nicholas Equity Income lagged returns against current returns
Autocorrelation, which is Nicholas Equity mutual fund'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 Nicholas Equity's mutual fund expected returns. We can calculate the autocorrelation of Nicholas Equity returns to help us make a trade decision. For example, suppose you find that Nicholas Equity has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Nicholas Equity 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 Nicholas Equity mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nicholas Equity mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nicholas Equity mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Nicholas Equity Lagged Returns
When evaluating Nicholas Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nicholas Equity mutual fund have on its future price. Nicholas Equity 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, Nicholas Equity autocorrelation shows the relationship between Nicholas Equity mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Nicholas Equity Income.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Nicholas Mutual Fund
Nicholas Equity financial ratios help investors to determine whether Nicholas Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nicholas with respect to the benefits of owning Nicholas Equity security.
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