Nextera Energy Stock Price on May 10, 2024
| NEE Stock | USD 76.18 0.86 1.14% |
Below is the normalized historical share price chart for Nextera Energy extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Nextera Energy stands at 76.18, as last reported on the 24th of May, with the highest price reaching 76.18 and the lowest price hitting 76.18 during the day.
If you're considering investing in Nextera Stock, it is important to understand the factors that can impact its price. Nextera Energy appears to be very steady, given 3 months investment horizon. Nextera Energy has Sharpe Ratio of 0.38, which conveys that the firm had a 0.38% return per unit of risk over the last 3 months. By analyzing Nextera Energy's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please exercise Nextera Energy's Mean Deviation of 1.1, risk adjusted performance of 0.1954, and Downside Deviation of 1.17 to check out if our risk estimates are consistent with your expectations.
At present, Nextera Energy's Common Stock Total Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 186.4 B, whereas Other Stockholder Equity is forecasted to decline to about 8.8 B. . At present, Nextera Energy's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price To Free Cash Flows Ratio is expected to grow to 73.71, whereas Price Book Value Ratio is forecasted to decline to 1.78. Nextera Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 10th of January 2003 | 200 Day MA 61.5185 | 50 Day MA 66.7656 | Beta 0.494 |
Nextera |
Sharpe Ratio = 0.376
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.37 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.38 actual daily | 29 71% of assets perform better |
Based on monthly moving average Nextera Energy is performing at about 29% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nextera Energy by adding it to a well-diversified portfolio.
Price Book 2.7302 | Enterprise Value Ebitda 11.9381 | Price Sales 4.6097 | Shares Float 2 B | Dividend Share 1.918 |
Nextera Energy Main Headline on 10th of May 2024
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Nextera Energy Valuation on May 10, 2024
It is possible to determine the worth of Nextera Energy on a given historical date. On May 10, 2024 Nextera was worth 74.87 at the beginning of the trading date compared to the closed value of 73.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nextera Energy stock. Still, in general, we apply an absolute valuation method to find Nextera Energy's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Nextera Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nextera Energy's related companies.
| Open | High | Low | Close | Volume | |
| 73.00 | 74.73 | 72.58 | 74.58 | 16,626,444 | |
05/10/2024 | 74.87 | 75.21 | 73.65 | 73.79 | 12,045,101 |
| 74.14 | 74.67 | 73.59 | 74.58 | 7,683,960 |
| Backtest Nextera Energy | | | Nextera Energy History | | | Nextera Energy Valuation | Previous | Next |
Nextera Energy Trading Date Momentum on May 10, 2024
| On May 13 2024 Nextera Energy was traded for 74.58 at the closing time. Highest Nextera Energy's price during the trading hours was 74.67 and the lowest price during the day was 73.59 . The net volume was 7.7 M. The overall trading history on the 13th of May 2024 contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 1.07% . The trading delta at closing time to current price is 2.98% . |
Nextera Energy Fundamentals Correlations and Trends
By evaluating Nextera Energy's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nextera Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nextera financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nextera Energy Stock history
Nextera Energy investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Nextera is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nextera Energy will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Nextera Energy stock prices may prove useful in developing a viable investing in Nextera Energy
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2 B | 1.7 B | |
| Net Income Applicable To Common Shares | 4.8 B | 2.5 B |
Nextera Energy Stock Technical Analysis
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.
Price Boundaries
Nextera Energy Period Price Range
Low | May 10, 2024
| High |
74.87 | 73.79 |
Nextera Energy May 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Nextera Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nextera Energy shares will generate the highest return on investment. By undertsting and applying Nextera Energy stock market strength indicators, traders can identify Nextera Energy entry and exit signals to maximize returns
| Accumulation Distribution | 249839.0 | |||
| Daily Balance Of Power | (0.69) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 74.43 | |||
| Day Typical Price | 74.22 | |||
| Price Action Indicator | (1.18) | |||
| Period Momentum Indicator | 2.39 | |||
| Relative Strength Index | 80.42 |
Nextera Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nextera Energy's price direction in advance. Along with the technical and fundamental analysis of Nextera Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nextera to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1954 | |||
| Jensen Alpha | 0.3878 | |||
| Total Risk Alpha | 0.3238 | |||
| Sortino Ratio | 0.3306 | |||
| Treynor Ratio | 0.4432 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nextera Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. 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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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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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 0.058 | Dividend Share 1.918 | Earnings Share 3.66 | Revenue Per Share 13.305 | Quarterly Revenue Growth (0.15) |
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.