Nextdecade Corp Stock Performance
| NEXT Stock | USD 7.24 0.05 0.70% |
On a scale of 0 to 100, Nextdecade Corp holds a performance score of 18. The company secures a Beta (Market Risk) of 2.06, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Nextdecade Corp will likely underperform. Please check Nextdecade Corp's treynor ratio, expected short fall, as well as the relationship between the Expected Short fall and day median price , to make a quick decision on whether Nextdecade Corp's current price movements will revert.
Risk-Adjusted Performance
18 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Nextdecade Corp are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, Nextdecade Corp unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 0.7 | Five Day Return 0.56 | Year To Date Return 54.7 | Ten Year Return 116.84 | All Time Return 116.84 |
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 |
| Begin Period Cash Flow | 62.8 M |
Nextdecade |
Nextdecade Corp Relative Risk vs. Return Landscape
If you would invest 442.00 in Nextdecade Corp on September 3, 2024 and sell it today you would earn a total of 282.00 from holding Nextdecade Corp or generate 63.8% return on investment over 90 days. Nextdecade Corp is currently generating 0.8365% in daily expected returns and assumes 3.6186% risk (volatility on return distribution) over the 90 days horizon. In different words, 32% of stocks are less volatile than Nextdecade, and 84% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Nextdecade Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nextdecade Corp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nextdecade Corp, and traders can use it to determine the average amount a Nextdecade Corp's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2312
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Estimated Market Risk
| 3.62 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.84 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average Nextdecade Corp is performing at about 18% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nextdecade Corp by adding it to a well-diversified portfolio.
Nextdecade Corp Fundamentals Growth
Nextdecade Stock prices reflect investors' perceptions of the future prospects and financial health of Nextdecade Corp, and Nextdecade Corp fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Nextdecade Stock performance.
| Return On Equity | -0.49 | |||
| Return On Asset | -0.0248 | |||
| Current Valuation | 5.31 B | |||
| Shares Outstanding | 260.29 M | |||
| Price To Earning | (1.71) X | |||
| Price To Book | 2.81 X | |||
| Gross Profit | (1.61 M) | |||
| EBITDA | (122.5 M) | |||
| Net Income | (162.26 M) | |||
| Cash And Equivalents | 40.5 M | |||
| Cash Per Share | 0.31 X | |||
| Total Debt | 1.97 B | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 5.24 X | |||
| Book Value Per Share | 2.58 X | |||
| Cash Flow From Operations | (73.62 M) | |||
| Earnings Per Share | (1.12) X | |||
| Market Capitalization | 1.88 B | |||
| Total Asset | 3.32 B | |||
| Retained Earnings | (391.77 M) | |||
| Working Capital | (237.86 M) | |||
| Current Asset | 124.23 M | |||
| Current Liabilities | 13 M | |||
About Nextdecade Corp Performance
Assessing Nextdecade Corp's fundamental ratios provides investors with valuable insights into Nextdecade Corp's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Nextdecade Corp is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.05) | (0.05) | |
| Return On Capital Employed | (0.04) | (0.05) | |
| Return On Assets | (0.05) | (0.05) | |
| Return On Equity | (0.56) | (0.59) |
Things to note about Nextdecade Corp performance evaluation
Checking the ongoing alerts about Nextdecade Corp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nextdecade Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nextdecade Corp appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (162.26 M) with loss before overhead, payroll, taxes, and interest of (1.61 M). | |
| Nextdecade Corp currently holds about 40.5 M in cash with (73.62 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.31. | |
| Nextdecade Corp has a frail financial position based on the latest SEC disclosures | |
| Roughly 28.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from investing.com: Bardin Hill investment partners increases stake in NextDecade Corp. |
- Analyzing Nextdecade Corp's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Nextdecade Corp's stock is overvalued or undervalued compared to its peers.
- Examining Nextdecade Corp's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Nextdecade Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nextdecade Corp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nextdecade Corp's stock. These opinions can provide insight into Nextdecade Corp's potential for growth and whether the stock is currently undervalued or overvalued.
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.