Nextera Competitors
| NEE Stock | USD 94.72 2.79 3.03% |
Nextera Energy vs CMS Energy Correlation
Poor diversification
The correlation between Nextera Energy and CMS is 0.63 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Nextera Energy and CMS in the same portfolio, assuming nothing else is changed.
Moving together with Nextera Stock
| 0.91 | EVRG | Evergy Earnings Call This Week | PairCorr |
| 0.81 | CIG | Companhia Energetica | PairCorr |
| 0.73 | DTW | DTE Energy | PairCorr |
Moving against Nextera Stock
At present, Nextera Energy's Return On Capital Employed is projected to slightly decrease based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.04, whereas Return On Equity is forecasted to decline to 0.1. At present, Nextera Energy's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 22.7 B, whereas Debt To Assets are forecasted to decline to 0.29.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.
Nextera Energy Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Nextera Energy and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Nextera and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Nextera Energy does not affect the price movement of the other competitor.
Risk-Adjusted Indicators
There is a big difference between Nextera Stock performing well and Nextera Energy Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Nextera Energy's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ED | 0.84 | 0.21 | 0.12 | (0.90) | 0.90 | 1.91 | 4.62 | |||
| WEC | 0.61 | 0.02 | (0.06) | (0.83) | 0.79 | 1.05 | 3.43 | |||
| PEG | 0.79 | 0.02 | (0.04) | 0.20 | 1.01 | 1.61 | 4.66 | |||
| DTE | 0.73 | 0.05 | (0.01) | 0.44 | 1.06 | 1.45 | 4.49 | |||
| AEE | 0.72 | 0.07 | 0.00 | 0.97 | 0.94 | 1.46 | 4.20 | |||
| FE | 0.69 | 0.11 | 0.03 | (0.83) | 0.80 | 1.65 | 4.07 | |||
| ETR | 0.87 | 0.06 | 0.02 | 0.25 | 1.08 | 1.90 | 4.91 | |||
| PPL | 0.85 | 0.01 | (0.05) | 0.16 | 1.19 | 1.58 | 4.62 | |||
| CMS | 0.73 | 0.02 | (0.04) | 0.29 | 1.03 | 1.31 | 4.16 |
Cross Equities Net Income Analysis
Compare Nextera Energy and related stocks such as Consolidated Edison, WEC Energy Group, and Public Service Enterprise Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ED | 563.7 M | 1.1 B | 1.1 B | 1.1 B | 1.1 B | 1.2 B | 1.2 B | 1.5 B | 1.4 B | 1.3 B | 1.1 B | 1.3 B | 1.7 B | 2.5 B | 1.8 B | 2.1 B | 2.2 B |
| WEC | 167.5 M | 526.2 M | 546.3 M | 577.4 M | 588.3 M | 640.3 M | 940.2 M | 1.2 B | 1.1 B | 1.1 B | 1.2 B | 1.3 B | 1.4 B | 1.3 B | 1.5 B | 1.6 B | 1.6 B |
| PEG | 544.6 M | 1.5 B | 1.3 B | 1.2 B | 1.5 B | 1.7 B | 887 M | 1.6 B | 1.4 B | 1.7 B | 1.9 B | (648 M) | 1 B | 2.6 B | 1.8 B | 2 B | 1 B |
| DTE | 437.5 M | 711 M | 610 M | 661 M | 905 M | 727 M | 868 M | 1.1 B | 1.1 B | 1.2 B | 1.4 B | 907 M | 1.1 B | 1.4 B | 1.4 B | 1.6 B | 1.7 B |
| AEE | 334.7 M | 519 M | (974 M) | 289 M | 586 M | 630 M | 653 M | 523 M | 815 M | 828 M | 871 M | 990 M | 1.1 B | 1.2 B | 1.2 B | 1.4 B | 1.4 B |
| FE | 305.8 M | 885 M | 770 M | 392 M | 299 M | 578 M | (6.2 B) | (1.7 B) | 1.3 B | 912 M | 1.1 B | 1.3 B | 406 M | 1.1 B | 978 M | 880.2 M | 924.2 M |
| ETR | 401 M | 1.4 B | 868.4 M | 730.6 M | 960.3 M | (156.7 M) | (564.5 M) | 425.4 M | 862.6 M | 1.3 B | 1.4 B | 1.1 B | 1.1 B | 2.4 B | 1.1 B | 1.2 B | 818 M |
| PPL | 290.6 M | 1.5 B | 1.5 B | 1.1 B | 1.7 B | 682 M | 1.9 B | 1.1 B | 1.8 B | 1.7 B | 1.5 B | (1.5 B) | 756 M | 740 M | 888 M | 1 B | 750 M |
| CMS | (269.8 M) | 415 M | 382 M | 452 M | 477 M | 523 M | 551 M | 460 M | 657 M | 680 M | 755 M | 1.4 B | 837 M | 887 M | 1 B | 1.1 B | 1.1 B |
Nextera Energy and related stocks such as Consolidated Edison, WEC Energy Group, and Public Service Enterprise Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Nextera Energy financial statement analysis. It represents the amount of money remaining after all of Nextera Energy operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Nextera Energy Competitive Analysis
The better you understand Nextera Energy competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Nextera Energy's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Nextera Energy's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Nextera Energy Competition Performance Charts
Five steps to successful analysis of Nextera Energy Competition
Nextera Energy's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Nextera Energy in relation to its competition. Nextera Energy's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Nextera Energy in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Nextera Energy's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Nextera Energy, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Nextera Energy Correlation with its peers. For information on how to trade Nextera Stock refer to our How to Trade Nextera Stock guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Will Electric Utilities sector continue expanding? Could Nextera diversify its offerings? Factors like these will boost the valuation of Nextera Energy. Anticipated expansion of Nextera directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Nextera Energy data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.258 | Dividend Share 2.266 | Earnings Share 3.28 | Revenue Per Share | Quarterly Revenue Growth 0.207 |
Investors evaluate Nextera Energy using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Nextera Energy's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Nextera Energy's market price to deviate significantly from intrinsic value.
It's important to distinguish between Nextera Energy's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Nextera Energy should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Nextera Energy's market price signifies the transaction level at which participants voluntarily complete trades.