Nutrien Gross Profit Margin from 2010 to 2024

NTR Stock  CAD 68.63  0.42  0.62%   
Nutrien Gross Profit Margin yearly trend continues to be very stable with very little volatility. Gross Profit Margin is likely to grow to 0.40 this year. During the period from 2010 to 2024, Nutrien Gross Profit Margin quarterly data regression pattern had sample variance of  0.01 and median of  0.36. View All Fundamentals
 
Gross Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.26707499
Current Value
0.4
Quarterly Volatility
0.1141709
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nutrien financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nutrien's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.3 B, Interest Expense of 802.2 M or Selling General Administrative of 700.4 M, as well as many indicators such as Price To Sales Ratio of 0.95, Dividend Yield of 0.0388 or PTB Ratio of 1.06. Nutrien financial statements analysis is a perfect complement when working with Nutrien Valuation or Volatility modules.
  
This module can also supplement various Nutrien Technical models . Check out the analysis of Nutrien Correlation against competitors.
To learn how to invest in Nutrien Stock, please use our How to Invest in Nutrien guide.

Pair Trading with Nutrien

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 Nutrien 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 Nutrien will appreciate offsetting losses from the drop in the long position's value.

Moving against Nutrien Stock

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The ability to find closely correlated positions to Nutrien could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nutrien 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 Nutrien - 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 Nutrien to buy it.
The correlation of Nutrien 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 Nutrien moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nutrien 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 Nutrien 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
When determining whether Nutrien is a strong investment it is important to analyze Nutrien's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nutrien's future performance. For an informed investment choice regarding Nutrien Stock, refer to the following important reports:
Check out the analysis of Nutrien Correlation against competitors.
To learn how to invest in Nutrien Stock, please use our How to Invest in Nutrien guide.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Please note, there is a significant difference between Nutrien's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nutrien is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nutrien's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.