Nucor Corp Stock Market Value

NUE Stock  USD 197.80  0.76  0.38%   
Nucor Corp's market value is the price at which a share of Nucor Corp trades on a public exchange. It measures the collective expectations of Nucor Corp investors about its performance. Nucor Corp is trading at 197.80 as of the 28th of March 2024, a -0.38 percent decrease since the beginning of the trading day. The stock's lowest day price was 197.8.
With this module, you can estimate the performance of a buy and hold strategy of Nucor Corp and determine expected loss or profit from investing in Nucor Corp over a given investment horizon. Check out Nucor Corp Correlation, Nucor Corp Volatility and Nucor Corp Alpha and Beta module to complement your research on Nucor Corp.
For information on how to trade Nucor Stock refer to our How to Trade Nucor Stock guide.
Symbol

Nucor Corp Price To Book Ratio

Is Nucor Corp'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 Nucor Corp. If investors know Nucor 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 Nucor Corp 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
(0.35)
Dividend Share
2.07
Earnings Share
18.01
Revenue Per Share
138.98
Quarterly Revenue Growth
(0.12)
The market value of Nucor Corp is measured differently than its book value, which is the value of Nucor that is recorded on the company's balance sheet. Investors also form their own opinion of Nucor Corp's value that differs from its market value or its book value, called intrinsic value, which is Nucor Corp'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 Nucor Corp's market value can be influenced by many factors that don't directly affect Nucor Corp'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 Nucor Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nucor Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nucor Corp'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.

Nucor Corp '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 Nucor Corp'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 Nucor Corp.
0.00
02/27/2024
No Change 0.00  0.0 
In 31 days
03/28/2024
0.00
If you would invest  0.00  in Nucor Corp on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Nucor Corp or generate 0.0% return on investment in Nucor Corp over 30 days. Nucor Corp is related to or competes with Chemours, Quanex Building, FutureFuel Corp, CF Industries, NioCorp Developments, and Dupont De. Nucor Corporation manufactures and sells steel and steel products More

Nucor Corp 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 Nucor Corp'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 Nucor Corp upside and downside potential and time the market with a certain degree of confidence.

Nucor Corp Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Nucor Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nucor Corp's standard deviation. In reality, there are many statistical measures that can use Nucor Corp historical prices to predict the future Nucor Corp's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nucor Corp'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.
Hype
Prediction
LowEstimatedHigh
196.35197.96199.57
Details
Intrinsic
Valuation
LowRealHigh
163.01164.62217.58
Details
Naive
Forecast
LowNextHigh
199.91201.52203.13
Details
13 Analysts
Consensus
LowTargetHigh
144.81159.13176.63
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Nucor Corp. Your research has to be compared to or analyzed against Nucor Corp's peers to derive any actionable benefits. When done correctly, Nucor Corp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Nucor Corp.

Nucor Corp Backtested Returns

Nucor Corp appears to be very steady, given 3 months investment horizon. Nucor Corp 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. We have found twenty-seven technical indicators for Nucor Corp, which you can use to evaluate the volatility of the firm. Please exercise Nucor Corp's Mean Deviation of 1.11, downside deviation of 1.36, and Risk Adjusted Performance of 0.0753 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Nucor Corp holds a performance score of 11. The company secures a Beta (Market Risk) of 1.18, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Nucor Corp will likely underperform. Please check Nucor Corp's value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether Nucor Corp's current price movements will revert.

Auto-correlation

    
  -0.93  

Near perfect reversele predictability

Nucor Corp has near perfect reversele predictability. Overlapping area represents the amount of predictability between Nucor Corp time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 Nucor Corp price movement. The serial correlation of -0.93 indicates that approximately 93.0% of current Nucor Corp price fluctuation can be explain by its past prices.
Correlation Coefficient-0.93
Spearman Rank Test-0.75
Residual Average0.0
Price Variance24.3

Nucor Corp lagged returns against current returns

Autocorrelation, which is Nucor Corp 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 Nucor Corp's stock expected returns. We can calculate the autocorrelation of Nucor Corp returns to help us make a trade decision. For example, suppose you find that Nucor Corp 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  

Nucor Corp 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 Nucor Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nucor Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nucor Corp stock over time.
   Current vs Lagged Prices   
       Timeline  

Nucor Corp Lagged Returns

When evaluating Nucor Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nucor Corp stock have on its future price. Nucor Corp 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, Nucor Corp autocorrelation shows the relationship between Nucor Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Nucor Corp.
   Regressed Prices   
       Timeline  

Nucor Corp Investors Sentiment

The influence of Nucor Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Nucor. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Nucor Corp's public news can be used to forecast risks associated with an investment in Nucor. The trend in average sentiment can be used to explain how an investor holding Nucor can time the market purely based on public headlines and social activities around Nucor Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Nucor Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Nucor Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Nucor Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Nucor Corp.

Nucor Corp Implied Volatility

    
  30.51  
Nucor Corp's implied volatility exposes the market's sentiment of Nucor Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Nucor Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Nucor Corp stock will not fluctuate a lot when Nucor Corp's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Nucor Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Nucor Corp's short interest history, or implied volatility extrapolated from Nucor Corp options trading.

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When determining whether Nucor Corp is a strong investment it is important to analyze Nucor Corp'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 Nucor Corp's future performance. For an informed investment choice regarding Nucor Stock, refer to the following important reports:
Check out Nucor Corp Correlation, Nucor Corp Volatility and Nucor Corp Alpha and Beta module to complement your research on Nucor Corp.
For information on how to trade Nucor Stock refer to our How to Trade Nucor Stock guide.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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When running Nucor Corp's price analysis, check to measure Nucor Corp'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 Nucor Corp is operating at the current time. Most of Nucor Corp's value examination focuses on studying past and present price action to predict the probability of Nucor Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nucor Corp's price. Additionally, you may evaluate how the addition of Nucor Corp to your portfolios can decrease your overall portfolio volatility.
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Nucor Corp 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.
A focus of Nucor Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nucor Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...