NKE daily move: the current reading and its track record
NKE’s current daily move reading and what that signal has historically been followed by.
This page covers Nike, Inc. (NKE) — its current daily move reading and the measured historical record of what NKE daily move extremes were followed by.
How to read this. These figures are measured only on instruments currently covered by this site — a set of companies that survived. Signals that appear to have ‘worked’ on the downside are conditioned on these names having recovered; a company that fell and never came back would not be here to measure. Read every number below as a property of this surviving sample, not a universal rule, and never as advice.
All figures are ‘excess’ returns — measured relative to each instrument’s own historical drift, not relative to the market. This is not alpha and not a market-beating claim; it isolates the signal from the instrument’s background trend. Measured from the first day each signal appeared (not its most extreme point), so it reflects what was knowable in real time.
Daily move showed no measurable forward signal. Across the full sample, episodes on this measure were followed by returns statistically indistinguishable from each instrument’s own drift — this is reported as a null result rather than left out.
When NKE was at a high extreme
Across 175 past episodes where NKE was at a high extreme on this signal, the 174 with a complete 20-session forward window lagged NKE’s own trailing drift by 0.24 percentage points on average (48% of those 174 beat drift).
| horizon | excess vs own drift | beat-drift rate | episodes with a complete horizon |
|---|---|---|---|
| 1 session | +0.04% | 38% | 175 |
| 5 sessions | -0.32% | 48% | 174 |
| 20 sessions | -0.24% | 48% | 174 |
When NKE was at a low extreme
Across 156 past episodes where NKE was at a low extreme on this signal, the 155 with a complete 20-session forward window lagged NKE’s own trailing drift by 1.75 percentage points on average (40% of those 155 beat drift).
| horizon | excess vs own drift | beat-drift rate | episodes with a complete horizon |
|---|---|---|---|
| 1 session | +0.09% | 51% | 156 |
| 5 sessions | -0.05% | 44% | 156 |
| 20 sessions | -1.75% | 40% | 155 |
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