Nutrien Stock Alpha and Beta Analysis
| NTR Stock | CAD 64.63 0.08 0.12% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Nutrien. It also helps investors analyze the systematic and unsystematic risks associated with investing in Nutrien over a specified time horizon. Remember, high Nutrien's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Nutrien's market risk premium analysis include:
Beta 0.0772 | Alpha (0.02) | Risk 1.38 | Sharpe Ratio 0.005 | Expected Return 0.0069 |
Nutrien Quarterly Cash And Equivalents |
|
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Nutrien |
Nutrien Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Nutrien market risk premium is the additional return an investor will receive from holding Nutrien long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Nutrien. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Nutrien's performance over market.| α | -0.02 | β | 0.08 |
Nutrien expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Nutrien's Buy-and-hold return. Our buy-and-hold chart shows how Nutrien performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Nutrien Market Price Analysis
Market price analysis indicators help investors to evaluate how Nutrien stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nutrien shares will generate the highest return on investment. By understating and applying Nutrien stock market price indicators, traders can identify Nutrien position entry and exit signals to maximize returns.
Nutrien Return and Market Media
The median price of Nutrien for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 65.45 with a coefficient of variation of 3.12. The daily time series for the period is distributed with a sample standard deviation of 2.04, arithmetic mean of 65.32, and mean deviation of 1.64. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Goldman Sachs downgrades Nutrien stock on risks tied to retail lending unit - Investing.com | 09/10/2024 |
2 | Should You Sell Nutrien Ltd. - Yahoo Finance | 10/01/2024 |
3 | Nutrien Ltd. Shares Sold by Principal Financial Group Inc. - MarketBeat | 11/21/2024 |
About Nutrien Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Nutrien or other stocks. Alpha measures the amount that position in Nutrien has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0242 | 0.0252 | 0.0369 | 0.0388 | Price To Sales Ratio | 1.55 | 1.04 | 1.0 | 0.95 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Nutrien in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Nutrien's short interest history, or implied volatility extrapolated from Nutrien options trading.
Build Portfolio with Nutrien
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Nutrien Backtesting, Nutrien Valuation, Nutrien Correlation, Nutrien Hype Analysis, Nutrien Volatility, Nutrien History and analyze Nutrien Performance. To learn how to invest in Nutrien Stock, please use our How to Invest in Nutrien guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.