Nextera Energy Stock Price on December 23, 2024
NEE Stock | USD 72.37 0.54 0.74% |
If you're considering investing in Nextera Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nextera Energy stands at 72.37, as last reported on the 26th of December, with the highest price reaching 72.90 and the lowest price hitting 72.27 during the day. Nextera Energy has Sharpe Ratio of -0.14, which conveys that the firm had a -0.14% return per unit of risk over the last 3 months. Nextera Energy exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nextera Energy's Mean Deviation of 1.13, risk adjusted performance of (0.11), and Standard Deviation of 1.53 to check out the risk estimate we provide.
Nextera Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nextera |
Sharpe Ratio = -0.1408
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Estimated Market Risk
1.53 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nextera Energy is not performing at its full potential. However, 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 Nextera Energy by adding Nextera Energy to a well-diversified portfolio.
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Nextera Energy Valuation on December 23, 2024
It is possible to determine the worth of Nextera Energy on a given historical date. On December 23, 2024 Nextera was worth 71.34 at the beginning of the trading date compared to the closed value of 72.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nextera Energy stock. Still, in general, we apply an absolute valuation method to find Nextera Energy'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 Nextera Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nextera Energy's related companies.
Open | High | Low | Close | Volume | |
69.58 | 71.98 | 69.32 | 71.67 | 27,547,533 | |
12/23/2024 | 71.34 | 72.53 | 71.25 | 72.49 | 7,508,235 |
72.42 | 72.91 | 72.03 | 72.91 | 3,001,825 |
Backtest Nextera Energy | | | Nextera Energy History | | | Nextera Energy Valuation | Previous | Next |
Nextera Energy Trading Date Momentum on December 23, 2024
On December 24 2024 Nextera Energy was traded for 72.91 at the closing time. Highest Nextera Energy's price during the trading hours was 72.91 and the lowest price during the day was 72.03 . The net volume was 3 M. The overall trading history on the 24th of December contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 0.58% . The trading delta at closing time to current price is 0.01% . |
Nextera Energy Fundamentals Correlations and Trends
By evaluating Nextera Energy'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 Nextera Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nextera financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nextera Energy Stock history
Nextera Energy 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 Nextera is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nextera Energy 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 Nextera Energy stock prices may prove useful in developing a viable investing in Nextera Energy
NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company was founded in 1925 and is headquartered in Juno Beach, Florida. Nextera Energy operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. It employs 15000 people.
Nextera Energy Stock Technical Analysis
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.
Price Boundaries
Nextera Energy Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Nextera Energy cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Nextera Energy December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Nextera Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nextera Energy shares will generate the highest return on investment. By undertsting and applying Nextera Energy stock market strength indicators, traders can identify Nextera Energy entry and exit signals to maximize returns
Nextera Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nextera Energy's price direction in advance. Along with the technical and fundamental analysis of Nextera Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nextera 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 | (0.11) | |||
Jensen Alpha | (0.23) | |||
Total Risk Alpha | (0.31) | |||
Treynor Ratio | (3.93) |
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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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