Nextera Energy, Stock Market Value
| NEE-PS Stock | 51.83 1.42 2.67% |
| Symbol | NextEra |
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,.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in NextEra Energy, on November 1, 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 30 days. NextEra Energy, is related to or competes with Dennys Corp, Westrock Coffee, CAVA Group,, Rave Restaurant, Ultra Clean, and First Watch. NextEra Energy, is entity of United States 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.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 7.64 | |||
| Value At Risk | (2.67) | |||
| Potential Upside | 1.97 |
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 | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | 0.1884 |
NextEra Energy, Backtested Returns
NextEra Energy, has Sharpe Ratio of -0.0242, which conveys that the firm had a -0.0242% return per unit of risk over the last 3 months. NextEra Energy, exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NextEra Energy,'s Mean Deviation of 0.9895, risk adjusted performance of (0.01), and Standard Deviation of 1.36 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.21, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning NextEra Energy, are expected to decrease at a much lower rate. During the bear market, NextEra Energy, is likely to outperform the market. At this point, NextEra Energy, has a negative expected return of -0.033%. Please make sure to verify NextEra Energy,'s accumulation distribution, as well as the relationship between the day median price and price action indicator , to decide if NextEra Energy, performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.48 |
Modest reverse predictability
NextEra Energy, has modest reverse predictability. Overlapping area represents the amount of predictability between NextEra Energy, time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 -0.48 indicates that about 48.0% of current NextEra Energy, price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
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 |
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Additional 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.