Nextdecade Corp Stock Alpha and Beta Analysis
| NEXT Stock | USD 7.24 0.05 0.70% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Nextdecade Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Nextdecade Corp over a specified time horizon. Remember, high Nextdecade Corp'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 Nextdecade Corp's market risk premium analysis include:
Beta 2.06 | Alpha 0.48 | Risk 3.65 | Sharpe Ratio 0.23 | Expected Return 0.85 |
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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.
Nextdecade |
Nextdecade Corp Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Nextdecade Corp market risk premium is the additional return an investor will receive from holding Nextdecade Corp 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 Nextdecade Corp. 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 Nextdecade Corp's performance over market.| α | 0.48 | β | 2.06 |
Nextdecade Corp 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 Nextdecade Corp's Buy-and-hold return. Our buy-and-hold chart shows how Nextdecade Corp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Nextdecade Corp Market Price Analysis
Market price analysis indicators help investors to evaluate how Nextdecade Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nextdecade Corp shares will generate the highest return on investment. By understating and applying Nextdecade Corp stock market price indicators, traders can identify Nextdecade Corp position entry and exit signals to maximize returns.
Nextdecade Corp Return and Market Media
The median price of Nextdecade Corp for the period between Sun, Sep 1, 2024 and Sat, Nov 30, 2024 is 5.44 with a coefficient of variation of 18.13. The daily time series for the period is distributed with a sample standard deviation of 1.03, arithmetic mean of 5.66, and mean deviation of 0.86. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | NextDecade Corporation Receives Resignation of Thibaud de Prval from the Board of Directors - Marketscreener.com | 09/26/2024 |
2 | Insider Trading | 10/17/2024 |
3 | Disposition of 135 shares by Brent Wahl of Nextdecade Corp at 8.48 subject to Rule 16b-3 | 10/25/2024 |
4 | Acquisition by Brent Wahl of 234375 shares of Nextdecade Corp subject to Rule 16b-3 | 10/28/2024 |
5 | Catalyst Capital Advisors LLC Has 17.09 Million Position in NextDecade Co. | 11/05/2024 |
6 | Acquisition by Bardin Hill Investment Partners Lp of 100000 shares of Nextdecade Corp subject to Rule 16b-3 | 11/13/2024 |
7 | Acquisition by Bardin Hill Investment Partners Lp of 134012 shares of Nextdecade Corp subject to Rule 16b-3 | 11/14/2024 |
8 | Bardin Hill investment partners increases stake in NextDecade Corp. | 11/15/2024 |
About Nextdecade Corp 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 Nextdecade or other stocks. Alpha measures the amount that position in Nextdecade Corp 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) | PTB Ratio | 1.8 | 2.5 | 3.22 | 3.06 | Dividend Yield | 1.97E-4 | 1.17E-4 | 5.7E-5 | 7.8E-5 |
Nextdecade Corp Upcoming Company Events
As portrayed in its financial statements, the presentation of Nextdecade Corp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Nextdecade Corp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Nextdecade Corp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Nextdecade Corp. Please utilize our Beneish M Score to check the likelihood of Nextdecade Corp's management manipulating its earnings.
| 8th of March 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 8th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Additional Tools for Nextdecade Stock Analysis
When running Nextdecade Corp's price analysis, check to measure Nextdecade Corp'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 Nextdecade Corp is operating at the current time. Most of Nextdecade Corp's value examination focuses on studying past and present price action to predict the probability of Nextdecade Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextdecade Corp's price. Additionally, you may evaluate how the addition of Nextdecade Corp to your portfolios can decrease your overall portfolio volatility.