Nextera Energy Stock Market Value
| NEE Stock | USD 75.32 1.00 1.31% |
| Symbol | Nextera |
Nextera Energy Price To Book Ratio
Is Nextera Energy'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 Nextera Energy. If investors know Nextera 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 Nextera Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.058 | Dividend Share 1.918 | Earnings Share 3.66 | Revenue Per Share 13.305 | Quarterly Revenue Growth (0.15) |
The market value of Nextera Energy is measured differently than its book value, which is the value of Nextera that is recorded on the company's balance sheet. Investors also form their own opinion of Nextera Energy's value that differs from its market value or its book value, called intrinsic value, which is Nextera Energy'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 Nextera Energy's market value can be influenced by many factors that don't directly affect Nextera Energy'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 Nextera Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nextera Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nextera Energy'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.
Nextera Energy '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 Nextera Energy's stock 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 Nextera Energy.
| 02/23/2024 |
| 05/23/2024 |
If you would invest 0.00 in Nextera Energy on February 23, 2024 and sell it all today you would earn a total of 0.00 from holding Nextera Energy or generate 0.0% return on investment in Nextera Energy over 90 days. Nextera Energy is related to or competes with Entergy Texas, and Centrais Eltricas. NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric power to retail an... More
Nextera Energy 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 Nextera Energy's stock 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 Nextera Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.16 | |||
| Information Ratio | 0.2903 | |||
| Maximum Drawdown | 6.28 | |||
| Value At Risk | (1.67) | |||
| Potential Upside | 2.77 |
Nextera Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nextera Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nextera Energy's standard deviation. In reality, there are many statistical measures that can use Nextera Energy historical prices to predict the future Nextera Energy's volatility.| Risk Adjusted Performance | 0.2054 | |||
| Jensen Alpha | 0.4022 | |||
| Total Risk Alpha | 0.3042 | |||
| Sortino Ratio | 0.3427 | |||
| Treynor Ratio | 0.4924 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nextera Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Nextera Energy Backtested Returns
Nextera Energy appears to be very steady, given 3 months investment horizon. Nextera Energy has Sharpe Ratio of 0.35, which conveys that the firm had a 0.35% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Nextera Energy, which you can use to evaluate the volatility of the firm. Please exercise Nextera Energy's Mean Deviation of 1.08, downside deviation of 1.16, and Risk Adjusted Performance of 0.2054 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Nextera Energy holds a performance score of 27. The company secures a Beta (Market Risk) of 0.95, which conveys possible diversification benefits within a given portfolio. Nextera Energy returns are very sensitive to returns on the market. As the market goes up or down, Nextera Energy is expected to follow. Please check Nextera Energy's potential upside, accumulation distribution, period momentum indicator, as well as the relationship between the expected short fall and day median price , to make a quick decision on whether Nextera Energy's current price movements will revert.
Auto-correlation | 0.94 |
Excellent predictability
Nextera Energy has excellent predictability. Overlapping area represents the amount of predictability between Nextera Energy time series from 23rd of February 2024 to 8th of April 2024 and 8th of April 2024 to 23rd of May 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Nextera Energy price movement. The serial correlation of 0.94 indicates that approximately 94.0% of current Nextera Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.94 | |
| Spearman Rank Test | 0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 22.62 |
Nextera Energy lagged returns against current returns
Autocorrelation, which is Nextera Energy stock'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 Nextera Energy's stock expected returns. We can calculate the autocorrelation of Nextera Energy returns to help us make a trade decision. For example, suppose you find that Nextera Energy has exhibited high autocorrelation historically, and you observe that the stock 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 |
Nextera Energy 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 Nextera Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nextera Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nextera Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Nextera Energy Lagged Returns
When evaluating Nextera Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nextera Energy stock have on its future price. Nextera Energy 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, Nextera Energy autocorrelation shows the relationship between Nextera Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Nextera Energy.
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.When determining whether Nextera Energy is a strong investment it is important to analyze Nextera Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nextera Energy's future performance. For an informed investment choice regarding Nextera Stock, refer to the following important reports:Check out Nextera Energy Correlation, Nextera Energy Volatility and Nextera Energy Alpha and Beta module to complement your research on Nextera Energy. For information on how to trade Nextera Stock refer to our How to Trade Nextera Stock guide.Note that the Nextera Energy information on this page should be used as a complementary analysis to other Nextera Energy'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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Nextera Stock analysis
When running Nextera Energy's price analysis, check to measure Nextera Energy'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 Nextera Energy is operating at the current time. Most of Nextera Energy's value examination focuses on studying past and present price action to predict the probability of Nextera Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextera Energy's price. Additionally, you may evaluate how the addition of Nextera Energy to your portfolios can decrease your overall portfolio volatility.
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Nextera Energy 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.