Nextera Energy Stock Market Value

NEE Stock  USD 63.79  2.36  3.84%   
Nextera Energy's market value is the price at which a share of Nextera Energy trades on a public exchange. It measures the collective expectations of Nextera Energy investors about its performance. Nextera Energy is trading at 63.79 as of the 28th of March 2024, a 3.84 percent increase since the beginning of the trading day. The stock's lowest day price was 62.02.
With this module, you can estimate the performance of a buy and hold strategy of Nextera Energy and determine expected loss or profit from investing in Nextera Energy over a given investment horizon. Check out Nextera Energy Correlation, Nextera Energy Volatility and Nextera Energy Alpha and Beta module to complement your research on Nextera Energy.
For information on how to trade Nextera Stock refer to our How to Trade Nextera Stock guide.
Symbol

Nextera Energy Price To Book Ratio

Is Nextera Energy'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 Nextera Energy. If investors know Nextera 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 Nextera Energy 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
(0.23)
Dividend Share
1.87
Earnings Share
3.6
Revenue Per Share
13.876
Quarterly Revenue Growth
0.116
The market value of Nextera Energy is measured differently than its book value, which is the value of Nextera that is recorded on the company's balance sheet. Investors also form their own opinion of Nextera Energy's value that differs from its market value or its book value, called intrinsic value, which is Nextera Energy'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 Nextera Energy's market value can be influenced by many factors that don't directly affect Nextera Energy'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 Nextera Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nextera Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nextera Energy'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.

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.
0.00
07/07/2022
No Change 0.00  0.0 
In 1 year 8 months and 22 days
03/28/2024
0.00
If you would invest  0.00  in Nextera Energy on July 7, 2022 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 630 days. Nextera Energy is related to or competes with Dominion Energy, Consolidated Edison, Consumers Energy, CMS Energy, and Vast Renewables. NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric power to retail an... 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.

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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nextera Energy'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
62.2663.7965.32
Details
Intrinsic
Valuation
LowRealHigh
57.4166.1067.63
Details
Naive
Forecast
LowNextHigh
62.7264.2565.79
Details
21 Analysts
Consensus
LowTargetHigh
68.6475.4383.73
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Nextera Energy. Your research has to be compared to or analyzed against Nextera Energy's peers to derive any actionable benefits. When done correctly, Nextera Energy'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 Nextera Energy.

Nextera Energy Backtested Returns

We consider Nextera Energy very steady. Nextera Energy has Sharpe Ratio of 0.0672, which conveys that the firm had a 0.0672% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Nextera Energy, which you can use to evaluate the volatility of the firm. Please verify Nextera Energy's Downside Deviation of 1.78, risk adjusted performance of 0.0525, and Mean Deviation of 1.15 to check out if the risk estimate we provide is consistent with the expected return of 0.11%. Nextera Energy has a performance score of 5 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.49, 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, Nextera Energy will likely underperform. Nextera Energy right now secures a risk of 1.61%. Please verify Nextera Energy potential upside, accumulation distribution, period momentum indicator, as well as the relationship between the expected short fall and day median price , to decide if Nextera Energy will be following its current price movements.

Auto-correlation

    
  0.22  

Weak predictability

Nextera Energy has weak predictability. Overlapping area represents the amount of predictability between Nextera Energy time series from 7th of July 2022 to 18th of May 2023 and 18th of May 2023 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 Nextera Energy price movement. The serial correlation of 0.22 indicates that over 22.0% of current Nextera Energy price fluctuation can be explain by its past prices.
Correlation Coefficient0.22
Spearman Rank Test0.42
Residual Average0.0
Price Variance46.98

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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When determining whether Nextera Energy is a strong investment it is important to analyze Nextera Energy'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 Nextera Energy's future performance. For an informed investment choice regarding Nextera Stock, refer to the following important reports:
Check out Nextera Energy Correlation, Nextera Energy Volatility and Nextera Energy Alpha and Beta module to complement your research on Nextera Energy.
For information on how to trade Nextera Stock refer to our How to Trade Nextera Stock guide.
Note that the Nextera Energy information on this page should be used as a complementary analysis to other Nextera Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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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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.
A focus of Nextera Energy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nextera Energy 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...