Nutrien Stock Market Value

NTR Stock  USD 53.63  1.11  2.11%   
Nutrien's market value is the price at which a share of Nutrien trades on a public exchange. It measures the collective expectations of Nutrien investors about its performance. Nutrien is selling at 53.63 as of the 28th of March 2024; that is 2.11 percent up since the beginning of the trading day. The stock's lowest day price was 52.48.
With this module, you can estimate the performance of a buy and hold strategy of Nutrien and determine expected loss or profit from investing in Nutrien over a given investment horizon. Check out Nutrien Correlation, Nutrien Volatility and Nutrien Alpha and Beta module to complement your research on Nutrien.
To learn how to invest in Nutrien Stock, please use our How to Invest in Nutrien guide.
Symbol

Nutrien Price To Book Ratio

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.

Nutrien '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 Nutrien'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 Nutrien.
0.00
02/27/2024
No Change 0.00  0.0 
In 30 days
03/28/2024
0.00
If you would invest  0.00  in Nutrien on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Nutrien or generate 0.0% return on investment in Nutrien over 30 days. Nutrien is related to or competes with Dine Brands, Electronic Arts, NetEase, Blue Hat, and El Pollo. It offers potash, nitrogen, phosphate, and sulfate products and financial solutions More

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

Nutrien Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Nutrien's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nutrien's standard deviation. In reality, there are many statistical measures that can use Nutrien historical prices to predict the future Nutrien's volatility.
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.
Hype
Prediction
LowEstimatedHigh
51.6953.6355.57
Details
Intrinsic
Valuation
LowRealHigh
48.6750.6158.99
Details
Naive
Forecast
LowNextHigh
50.4052.3454.27
Details
27 Analysts
Consensus
LowTargetHigh
69.1976.0384.39
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Nutrien. Your research has to be compared to or analyzed against Nutrien's peers to derive any actionable benefits. When done correctly, Nutrien'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 Nutrien.

Nutrien Backtested Returns

Nutrien has Sharpe Ratio of -0.031, which conveys that the firm had a -0.031% return per unit of risk over the last 3 months. Nutrien exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nutrien's Mean Deviation of 1.38, risk adjusted performance of (0.01), and Standard Deviation of 1.91 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 2.15, 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, Nutrien will likely underperform. Nutrien has an expected return of -0.0614%. Please make sure to verify Nutrien maximum drawdown, daily balance of power, as well as the relationship between the Daily Balance Of Power and relative strength index , to decide if Nutrien performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.47  

Modest reverse predictability

Nutrien has modest reverse predictability. Overlapping area represents the amount of predictability between Nutrien 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 Nutrien price movement. The serial correlation of -0.47 indicates that about 47.0% of current Nutrien price fluctuation can be explain by its past prices.
Correlation Coefficient-0.47
Spearman Rank Test0.03
Residual Average0.0
Price Variance0.51

Nutrien lagged returns against current returns

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

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

Nutrien Lagged Returns

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

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When determining whether Nutrien is a strong investment it is important to analyze Nutrien'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 Nutrien's future performance. For an informed investment choice regarding Nutrien Stock, refer to the following important reports:
Check out Nutrien Correlation, Nutrien Volatility and Nutrien Alpha and Beta module to complement your research on Nutrien.
To learn how to invest in Nutrien Stock, please use our How to Invest in Nutrien guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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