Nutrien (Germany) Market Value
| N7T Stock | EUR 43.71 0.53 1.20% |
| 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.
| 01/07/2024 |
| 12/02/2024 |
If you would invest 0.00 in Nutrien on January 7, 2024 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 330 days. Nutrien is related to or competes with Food Life, SLR Investment, Astral Foods, Virtus Investment, REINET INVESTMENTS, and J+J SNACK. The company offers potash, nitrogen, phosphate, and sulfate products and financial solutions 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 | 1.86 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 8.0 | |||
| Value At Risk | (3.20) | |||
| Potential Upside | 2.83 |
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 | 0.0187 | |||
| Jensen Alpha | 0.0812 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0.04) |
Nutrien Backtested Returns
At this point, Nutrien is very steady. Nutrien has Sharpe Ratio of 0.0171, which conveys that the firm had a 0.0171% 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 verify Nutrien's Mean Deviation of 1.37, downside deviation of 1.86, and Risk Adjusted Performance of 0.0187 to check out if the risk estimate we provide is consistent with the expected return of 0.0299%. Nutrien has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.48, which conveys possible diversification benefits within a given portfolio. 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. Nutrien right now secures a risk of 1.75%. Please verify Nutrien treynor ratio, downside variance, kurtosis, as well as the relationship between the value at risk and expected short fall , to decide if Nutrien will be following its current price movements.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Nutrien has insignificant reverse predictability. Overlapping area represents the amount of predictability between Nutrien time series from 7th of January 2024 to 20th of June 2024 and 20th of June 2024 to 2nd of December 2024. 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 -0.18 indicates that over 18.0% of current Nutrien price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 3.71 |
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 |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Nutrien Stock
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 Correlation, Nutrien Volatility and Nutrien Alpha and Beta module to complement your research on Nutrien. For more detail on how to invest in Nutrien Stock please use our How to Invest in Nutrien guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Nutrien technical 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, stock market cycles, or different charting patterns.