Nutrien (UK) Market Value
| 0NHS Stock | 53.14 0.90 1.72% |
| Symbol | Nutrien |
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.
| 03/09/2023 |
| 02/26/2025 |
If you would invest 0.00 in Nutrien on March 9, 2023 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 720 days. Nutrien is related to or competes with Polar Capital, Odfjell Drilling, Bytes Technology, Take Two, Vitec Software, Capital Drilling, and JD Sports. Nutrien is entity of United Kingdom. It is traded as Stock on LSE exchange. 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.
| Downside Deviation | 1.77 | |||
| Information Ratio | 0.1386 | |||
| Maximum Drawdown | 9.64 | |||
| Value At Risk | (1.99) | |||
| Potential Upside | 3.57 |
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.| Risk Adjusted Performance | 0.1138 | |||
| Jensen Alpha | 0.2621 | |||
| Total Risk Alpha | 0.2486 | |||
| Sortino Ratio | 0.1445 | |||
| Treynor Ratio | (1.22) |
Nutrien Backtested Returns
Nutrien appears to be very steady, given 3 months investment horizon. Nutrien has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Nutrien, which you can use to evaluate the volatility of the firm. Please exercise Nutrien's Mean Deviation of 1.41, downside deviation of 1.77, and Risk Adjusted Performance of 0.1138 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Nutrien holds a performance score of 10. The company secures a Beta (Market Risk) of -0.21, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nutrien are expected to decrease at a much lower rate. During the bear market, Nutrien is likely to outperform the market. Please check Nutrien's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Nutrien's current price movements will revert.
Auto-correlation | 0.08 |
Virtually no predictability
Nutrien has virtually no predictability. Overlapping area represents the amount of predictability between Nutrien time series from 9th of March 2023 to 3rd of March 2024 and 3rd of March 2024 to 26th of February 2025. 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 0.08 indicates that barely 8.0% of current Nutrien price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 10.44 |
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Nutrien Stock Analysis
When running Nutrien's price analysis, check to measure Nutrien'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 Nutrien is operating at the current time. Most of Nutrien's value examination focuses on studying past and present price action to predict the probability of Nutrien's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nutrien's price. Additionally, you may evaluate how the addition of Nutrien to your portfolios can decrease your overall portfolio volatility.