Nextera Energy Preferred Stock Price on June 21, 2024
NEE-PN Preferred Stock | USD 24.27 0.17 0.70% |
If you're considering investing in Nextera Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nextera Energy stands at 24.27, as last reported on the 11th of December 2024, with the highest price reaching 24.50 and the lowest price hitting 24.27 during the day. Nextera Energy has Sharpe Ratio of -0.0921, which conveys that the firm had a -0.0921% return per unit of risk over the last 3 months. Nextera Energy exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nextera Energy's Standard Deviation of 0.4138, risk adjusted performance of (0.08), and Mean Deviation of 0.3265 to check out the risk estimate we provide.
Nextera Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nextera |
Sharpe Ratio = -0.0921
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Estimated Market Risk
0.41 actual daily | 3 97% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nextera Energy is not performing at its full potential. However, 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 Nextera Energy to a well-diversified portfolio.
Related Headline
Southern Headline on 21st of June 2024
Acquisition by Poroch David P. of 10000 shares of Southern a... by Poroch David P.
Filed transaction by Southern Co Officer Comptroller. Grant, award or other acquisition pursuant to Rule 16b-3
Nextera Energy Valuation on June 21, 2024
It is possible to determine the worth of Nextera Energy on a given historical date. On June 21, 2024 Nextera was worth 23.85 at the beginning of the trading date compared to the closed value of 23.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nextera Energy preferred 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 | |
23.72 | 23.90 | 23.72 | 23.77 | 41,459 | |
06/21/2024 | 23.85 | 23.92 | 23.80 | 23.91 | 33,857 |
23.87 | 23.97 | 23.87 | 23.96 | 16,607 |
Backtest Nextera Energy | | | Nextera Energy History | | | Nextera Energy Valuation | Previous | Next |
Nextera Energy Trading Date Momentum on June 21, 2024
On June 24 2024 Nextera Energy was traded for 23.96 at the closing time. The maximum traded price for the trading interval was 23.97 and the lowest daily price was 23.87 . The daily volume was recorded at 16.6 K. The volume of trading on 24th of June 2024 played a part in the next trading day price boost. The trading delta at closing time to the next closing price was 0.21% . The trading delta at closing time to the closing price today is 0.75% . |
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 Preferred 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
Nextera Energy Preferred Stock Technical Analysis
Nextera Energy technical preferred 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, preferred stock market cycles, or different charting patterns.
Price Boundaries
Nextera Energy Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Nextera Energy cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Nextera Energy December 11, 2024 Market Strength
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 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 Preferred 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 | (0.08) | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.12) | |||
Treynor Ratio | (1.17) |
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Other Information on Investing in Nextera Preferred Stock
Nextera Energy financial ratios help investors to determine whether Nextera Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nextera with respect to the benefits of owning Nextera Energy security.