Nextera Energy Preferred Stock Forecast - Market Facilitation Index

NEE-PR Preferred Stock  USD 44.11  0.37  0.85%   
Nextera Preferred Stock Forecast is based on your current time horizon.
  
Nextera Energy has current Market Facilitation Index of 0.62. Market Facilitation Index is simply a difference between period high and low prices divided by period trading volume.
Check Nextera Energy VolatilityBacktest Nextera EnergyInformation Ratio  

Nextera Energy Trading Date Momentum

On November 22 2024 Nextera Energy was traded for  44.11  at the closing time. The maximum traded price for the trading interval was 44.12  and the lowest daily price was  43.50 . There was no trading activity during the period 0.0. Lack of trading volume on 22nd of November 2024 did not cause price change. The trading delta at closing time to the closing price today is 1.38% .
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
Compare Nextera Energy to competition

Other Forecasting Options for Nextera Energy

For every potential investor in Nextera, whether a beginner or expert, Nextera Energy's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Nextera Preferred Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Nextera. Basic forecasting techniques help filter out the noise by identifying Nextera Energy's price trends.

Nextera Energy Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Nextera Energy preferred stock to make a market-neutral strategy. Peer analysis of Nextera Energy could also be used in its relative valuation, which is a method of valuing Nextera Energy by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Nextera Energy Technical and Predictive Analytics

The preferred stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Nextera Energy's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Nextera Energy's current price.

Nextera Energy Market Strength Events

Market strength indicators help investors to evaluate how Nextera Energy preferred 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 preferred stock market strength indicators, traders can identify Nextera Energy entry and exit signals to maximize returns.

Nextera Energy Risk Indicators

The analysis of Nextera Energy's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Nextera Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nextera preferred stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Pair Trading with Nextera Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nextera Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nextera Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Nextera Preferred Stock

  0.78ED Consolidated EdisonPairCorr
  0.75ES Eversource EnergyPairCorr
  0.62FE FirstEnergyPairCorr

Moving against Nextera Preferred Stock

  0.68IDA IDACORPPairCorr
  0.49EDN Empresa DistribuidoraPairCorr
  0.36ETR EntergyPairCorr
The ability to find closely correlated positions to Nextera Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nextera Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nextera Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nextera Energy to buy it.
The correlation of Nextera Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nextera Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nextera Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nextera Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Nextera Preferred 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.