Nutrien Change To Netincome from 2010 to 2024

NTR Stock  USD 47.88  0.67  1.38%   
Nutrien Change To Netincome yearly trend continues to be relatively stable with very little volatility. Change To Netincome is likely to grow to about -354 M this year. During the period from 2010 to 2024, Nutrien Change To Netincome destribution of quarterly values had range of 2.5 B from its regression line and mean deviation of  435,375,111. View All Fundamentals
 
Change To Netincome  
First Reported
2000-03-31
Previous Quarter
103 M
Current Value
103 M
Quarterly Volatility
532.7 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nutrien financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nutrien's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.4 B, Interest Expense of 844.7 M or Total Revenue of 29.5 B, as well as many indicators such as Price To Sales Ratio of 0.95, Dividend Yield of 0.0388 or PTB Ratio of 1.06. Nutrien financial statements analysis is a perfect complement when working with Nutrien Valuation or Volatility modules.
  
Check out the analysis of Nutrien Correlation against competitors.
To learn how to invest in Nutrien Stock, please use our How to Invest in Nutrien guide.

Latest Nutrien's Change To Netincome Growth Pattern

Below is the plot of the Change To Netincome of Nutrien over the last few years. It is Nutrien's Change To Netincome historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nutrien's overall financial position and show how it may be relating to other accounts over time.
Change To Netincome10 Years Trend
Slightly volatile
   Change To Netincome   
       Timeline  

Nutrien Change To Netincome Regression Statistics

Arithmetic Mean32,968,667
Geometric Mean312,301,403
Coefficient Of Variation1,947
Mean Deviation435,375,111
Median256,000,000
Standard Deviation641,917,303
Sample Variance412057.8T
Range2.5B
R-Value(0.36)
Mean Square Error384743.3T
R-Squared0.13
Significance0.18
Slope(52,343,179)
Total Sum of Squares5768809.5T

Nutrien Change To Netincome History

2024-354 M
2023-372.6 M
2022-414 M
2021443 M
2020301 M
2019384 M
2018-2 B

About Nutrien Financial Statements

Nutrien shareholders use historical fundamental indicators, such as Change To Netincome, to determine how well the company is positioned to perform in the future. Although Nutrien investors may analyze each financial statement separately, they are all interrelated. The changes in Nutrien's assets and liabilities, for example, are also reflected in the revenues and expenses on on Nutrien's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Change To Netincome-372.6 M-354 M

Pair Trading with Nutrien

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nutrien position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nutrien will appreciate offsetting losses from the drop in the long position's value.

Moving against Nutrien Stock

  0.67AVD American VanguardPairCorr
  0.32LVRO Lavoro Limited ClassPairCorr
The ability to find closely correlated positions to Nutrien could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nutrien when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nutrien - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nutrien to buy it.
The correlation of Nutrien is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nutrien moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nutrien moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nutrien can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Nutrien Stock Analysis

When running Nutrien's price analysis, check to measure Nutrien'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 Nutrien is operating at the current time. Most of Nutrien's value examination focuses on studying past and present price action to predict the probability of Nutrien's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nutrien's price. Additionally, you may evaluate how the addition of Nutrien to your portfolios can decrease your overall portfolio volatility.