Nutrien Stock Odds of Future Stock Price Finishing Over 43.0
| NTR Stock | USD 52.65 0.84 1.62% |
Closest to current price Nutrien long CALL Option Payoff at Expiration
Nutrien |
Nutrien Target Price Odds to finish over 43.0
The tendency of Nutrien 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 Price | Horizon | Target Price | Odds to stay above $ 43.00 in 90 days |
| 52.65 | 90 days | 43.00 | close to 99 |
Based on a normal probability distribution, the odds of Nutrien to stay above $ 43.00 in 90 days from now is close to 99 (This Nutrien probability density function shows the probability of Nutrien Stock to fall within a particular range of prices over 90 days) . Probability of Nutrien price to stay between $ 43.00 and its current price of $52.65 at the end of the 90-day period is about 64.79 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.86 . 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, Nutrien will likely underperform. Additionally Nutrien has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Nutrien Price Density |
| Price |
Predictive Modules for Nutrien
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nutrien. 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 Nutrien'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.
Nutrien Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nutrien is not an exception. The market had few large corrections towards the Nutrien'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 Nutrien, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nutrien within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.05 | |
β | Beta against NYSE Composite | 1.86 | |
σ | Overall volatility | 2.13 | |
Ir | Information ratio | -0.0032 |
Nutrien 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 Nutrien for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nutrien can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 68.0% of the company shares are owned by institutional investors | |
| On 11th of April 2024 Nutrien paid $ 0.54 per share dividend to its current shareholders | |
| Latest headline from news.google.com: RRSP Investors Should You Buy Nutrien Stock Now - Yahoo Movies Canada |
Nutrien 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 Nutrien Stock often depends not only on the future outlook of the current and potential Nutrien'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. Nutrien's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 497 M | |
| Cash And Short Term Investments | 936.2 M |
Nutrien Technical Analysis
Nutrien's future price can be derived by breaking down and analyzing its technical indicators over time. Nutrien Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nutrien. In general, you should focus on analyzing Nutrien Stock price patterns and their correlations with different microeconomic environments and drivers.
Nutrien Predictive Forecast Models
Nutrien's time-series forecasting models is one of many Nutrien'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 Nutrien'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 Nutrien
Checking the ongoing alerts about Nutrien for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nutrien help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 68.0% of the company shares are owned by institutional investors | |
| On 11th of April 2024 Nutrien paid $ 0.54 per share dividend to its current shareholders | |
| Latest headline from news.google.com: RRSP Investors Should You Buy Nutrien Stock Now - Yahoo Movies Canada |
Check out Nutrien Backtesting, Nutrien Valuation, Nutrien Correlation, Nutrien Hype Analysis, Nutrien Volatility, Nutrien History as well as Nutrien Performance. To learn how to invest in Nutrien Stock, please use our How to Invest in Nutrien guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary 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.
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Is Nutrien'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 Nutrien. If investors know Nutrien 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 Nutrien 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 (0.84) | Dividend Share 2.12 | Earnings Share 2.53 | Revenue Per Share 56.573 | Quarterly Revenue Growth (0.26) |
The market value of Nutrien is measured differently than its book value, which is the value of Nutrien that is recorded on the company's balance sheet. Investors also form their own opinion of Nutrien's value that differs from its market value or its book value, called intrinsic value, which is Nutrien'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 Nutrien's market value can be influenced by many factors that don't directly affect Nutrien'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 Nutrien's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nutrien is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nutrien'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.