Nucor Corp Stock Probability of Future Stock Price Finishing Under 59.54

NUE Stock  USD 197.90  0.66  0.33%   
Nucor Corp's implied volatility is one of the determining factors in the pricing options written on Nucor Corp. Implied volatility approximates the future value of Nucor Corp based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Nucor Corp over a specific time period. For example, 2024-04-05 CALL at $197.5 is a CALL option contract on Nucor Corp's common stock with a strick price of 197.5 expiring on 2024-04-05. The contract was last traded on 2024-03-28 at 15:56:30 for $2.65 and, as of today, has 7 days remaining before the expiration. The option is currently trading at a bid price of $2.53, and an ask price of $2.66. The implied volatility as of the 29th of March is 21.61. View All Nucor options

Closest to current price Nucor long CALL Option Payoff at Expiration

Nucor Corp's future price is the expected price of Nucor Corp instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Nucor Corp performance during a given time horizon utilizing its historical volatility. Check out Nucor Corp Backtesting, Nucor Corp Valuation, Nucor Corp Correlation, Nucor Corp Hype Analysis, Nucor Corp Volatility, Nucor Corp History as well as Nucor Corp Performance.
For information on how to trade Nucor Stock refer to our How to Trade Nucor Stock guide.
  
At present, Nucor Corp's Price To Operating Cash Flows Ratio is projected to drop based on the last few years of reporting. The current year's Price To Free Cash Flows Ratio is expected to grow to 9.32, whereas Price To Sales Ratio is forecasted to decline to 1.11. Please specify Nucor Corp's target price for which you would like Nucor Corp odds to be computed.

Nucor Corp Target Price Odds to finish below 59.54

The tendency of Nucor Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to drop to $ 59.54  or more in 90 days
 197.90 90 days 59.54 
near 1
Based on a normal probability distribution, the odds of Nucor Corp to drop to $ 59.54  or more in 90 days from now is near 1 (This Nucor Corp probability density function shows the probability of Nucor Stock to fall within a particular range of prices over 90 days) . Probability of Nucor Corp price to stay between $ 59.54  and its current price of $197.9 at the end of the 90-day period is roughly 97.0 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.16 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Nucor Corp will likely underperform. Additionally Nucor Corp has an alpha of 0.0256, implying that it can generate a 0.0256 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Nucor Corp Price Density   
       Price  

Predictive Modules for Nucor Corp

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nucor Corp. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
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
196.89198.16199.43
Details
Intrinsic
Valuation
LowRealHigh
161.41162.68217.69
Details
13 Analysts
Consensus
LowTargetHigh
144.81159.13176.63
Details
Earnings
Estimates (0)
LowProjected EPSHigh
3.593.663.90
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 Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Nucor Corp is not an exception. The market had few large corrections towards the Nucor Corp's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Nucor Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nucor Corp within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
0.03
β
Beta against NYSE Composite1.16
σ
Overall volatility
8.73
Ir
Information ratio 0.03

Nucor Corp Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Nucor Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nucor Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Over 81.0% of the company shares are owned by institutional investors
On 9th of February 2024 Nucor Corp paid $ 0.54 per share dividend to its current shareholders
Latest headline from finance.yahoo.com: Nucor Insiders Sold US30m Of Shares Suggesting Hesitancy

Nucor Corp Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Nucor Stock often depends not only on the future outlook of the current and potential Nucor Corp's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Nucor Corp's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding250.4 M
Cash And Short Term Investments7.1 B

Nucor Corp Technical Analysis

Nucor Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Nucor Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nucor Corp. In general, you should focus on analyzing Nucor Stock price patterns and their correlations with different microeconomic environments and drivers.

Nucor Corp Predictive Forecast Models

Nucor Corp's time-series forecasting models is one of many Nucor Corp's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Nucor Corp's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Nucor Corp

Checking the ongoing alerts about Nucor Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nucor Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Over 81.0% of the company shares are owned by institutional investors
On 9th of February 2024 Nucor Corp paid $ 0.54 per share dividend to its current shareholders
Latest headline from finance.yahoo.com: Nucor Insiders Sold US30m Of Shares Suggesting Hesitancy
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 Backtesting, Nucor Corp Valuation, Nucor Corp Correlation, Nucor Corp Hype Analysis, Nucor Corp Volatility, Nucor Corp History as well as Nucor Corp Performance.
For information on how to trade Nucor Stock refer to our How to Trade Nucor Stock guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Complementary Tools for Nucor Stock analysis

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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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.