Nextera Energy Partners Stock Probability of Future Stock Price Finishing Under 20.06
| NEP Stock | USD 17.28 0.50 2.98% |
Nextera |
Nextera Energy Target Price Odds to finish below 20.06
The tendency of Nextera Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 20.06 after 90 days |
| 17.28 | 90 days | 20.06 | about 27.16 |
Based on a normal probability distribution, the odds of Nextera Energy to stay under $ 20.06 after 90 days from now is about 27.16 (This Nextera Energy Partners probability density function shows the probability of Nextera Stock to fall within a particular range of prices over 90 days) . Probability of Nextera Energy Partners price to stay between its current price of $ 17.28 and $ 20.06 at the end of the 90-day period is about 19.27 .
Considering the 90-day investment horizon Nextera Energy has a beta of 0.85. This indicates Nextera Energy Partners market returns are sensible to returns on the market. As the market goes up or down, Nextera Energy is expected to follow. Additionally Nextera Energy Partners has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Nextera Energy Price Density |
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Predictive Modules for Nextera Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nextera Energy Partners. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.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 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nextera Energy is not an exception. The market had few large corrections towards the Nextera Energy's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Nextera Energy Partners, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nextera Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.61 | |
β | Beta against Dow Jones | 0.85 | |
σ | Overall volatility | 3.47 | |
Ir | Information ratio | -0.2 |
Nextera Energy Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Nextera Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nextera Energy Partners can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nextera Energy generated a negative expected return over the last 90 days | |
| Nextera Energy has high historical volatility and very poor performance | |
| The company reported the last year's revenue of 1.08 B. Reported Net Loss for the year was (250 M) with profit before taxes, overhead, and interest of 642 M. | |
| Nextera Energy has a very strong financial position based on the latest SEC filings | |
| About 61.0% of the company shares are owned by institutional investors | |
| On 14th of November 2024 Nextera Energy paid $ 0.9175 per share dividend to its current shareholders | |
| Latest headline from zacks.com: NextEra Energy Partners Down 22.1 percent Since Last Earnings Report Can It Rebound |
Nextera Energy Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Nextera Stock often depends not only on the future outlook of the current and potential Nextera Energy's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Nextera Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 91.6 M | |
| Cash And Short Term Investments | 274 M |
Nextera Energy Technical Analysis
Nextera Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Nextera Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nextera Energy Partners. In general, you should focus on analyzing Nextera Stock price patterns and their correlations with different microeconomic environments and drivers.
Nextera Energy Predictive Forecast Models
Nextera Energy's time-series forecasting models is one of many Nextera Energy's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Nextera Energy's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Nextera Energy Partners
Checking the ongoing alerts about Nextera Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nextera Energy Partners help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nextera Energy generated a negative expected return over the last 90 days | |
| Nextera Energy has high historical volatility and very poor performance | |
| The company reported the last year's revenue of 1.08 B. Reported Net Loss for the year was (250 M) with profit before taxes, overhead, and interest of 642 M. | |
| Nextera Energy has a very strong financial position based on the latest SEC filings | |
| About 61.0% of the company shares are owned by institutional investors | |
| On 14th of November 2024 Nextera Energy paid $ 0.9175 per share dividend to its current shareholders | |
| Latest headline from zacks.com: NextEra Energy Partners Down 22.1 percent Since Last Earnings Report Can It Rebound |
Additional 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.