Nutrien Stock Odds of Future Stock Price Finishing Over 68.63

NTR Stock  CAD 68.63  0.42  0.62%   
Nutrien's future price is the expected price of Nutrien instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Nutrien performance during a given time horizon utilizing its historical volatility. Check out Nutrien Backtesting, Nutrien Valuation, Nutrien Correlation, Nutrien Hype Analysis, Nutrien Volatility, Nutrien History as well as Nutrien Performance.
To learn how to invest in Nutrien Stock, please use our How to Invest in Nutrien guide.
  
As of the 15th of December 2024, Price To Sales Ratio is likely to drop to 0.95. In addition to that, Price Earnings Ratio is likely to drop to 21.12. Please specify Nutrien's target price for which you would like Nutrien odds to be computed.

Nutrien Target Price Odds to finish over 68.63

The tendency of Nutrien 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 PriceHorizonTarget PriceOdds to move above the current price in 90 days
 68.63 90 days 68.63 
about 9.24
Based on a normal probability distribution, the odds of Nutrien to move above the current price in 90 days from now is about 9.24 (This Nutrien probability density function shows the probability of Nutrien Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Nutrien has a beta of -0.29. This indicates as returns on the benchmark increase, returns on holding Nutrien are expected to decrease at a much lower rate. During a bear market, however, Nutrien is likely to outperform the market. Additionally Nutrien has an alpha of 0.175, implying that it can generate a 0.18 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Nutrien Price Density   
       Price  

Predictive Modules for Nutrien

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nutrien. 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.
Hype
Prediction
LowEstimatedHigh
67.4668.8270.18
Details
Intrinsic
Valuation
LowRealHigh
55.5856.9475.49
Details
Naive
Forecast
LowNextHigh
68.8270.1871.55
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.820.901.01
Details

Nutrien Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Nutrien is not an exception. The market had few large corrections towards the Nutrien'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 Nutrien, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nutrien within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.18
β
Beta against Dow Jones-0.29
σ
Overall volatility
1.87
Ir
Information ratio 0.04

Nutrien 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 Nutrien for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nutrien can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
About 72.0% of the company shares are owned by institutional investors
Latest headline from news.google.com: Nomura Asset Management Co. Ltd. Buys 40,400 Shares of Nutrien Ltd. - MarketBeat

Nutrien 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 Nutrien Stock often depends not only on the future outlook of the current and potential Nutrien'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. Nutrien's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding496.4 M
Cash And Short Term Investments941 M

Nutrien Technical Analysis

Nutrien's future price can be derived by breaking down and analyzing its technical indicators over time. Nutrien Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nutrien. In general, you should focus on analyzing Nutrien Stock price patterns and their correlations with different microeconomic environments and drivers.

Nutrien Predictive Forecast Models

Nutrien's time-series forecasting models is one of many Nutrien'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 Nutrien'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 Nutrien

Checking the ongoing alerts about Nutrien for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nutrien help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
About 72.0% of the company shares are owned by institutional investors
Latest headline from news.google.com: Nomura Asset Management Co. Ltd. Buys 40,400 Shares of Nutrien Ltd. - MarketBeat
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 Nutrien Backtesting, Nutrien Valuation, Nutrien Correlation, Nutrien Hype Analysis, Nutrien Volatility, Nutrien History as well as Nutrien Performance.
To learn how to invest in Nutrien Stock, please use our How to Invest in Nutrien guide.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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.