NXRT Stock | | | USD 47.46 0.28 0.59% |
Nexpoint Residential financial indicator trend analysis is infinitely more than just investigating Nexpoint Residential recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nexpoint Residential is a good investment. Please check the relationship between Nexpoint Residential Operating Cash Flow Per Share and its Capex To Depreciation accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nexpoint Residential Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Operating Cash Flow Per Share vs Capex To Depreciation
Operating Cash Flow Per Share vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nexpoint Residential Operating Cash Flow Per Share account and
Capex To Depreciation. At this time, the significance of the direction appears to have pay attention.
The correlation between Nexpoint Residential's Operating Cash Flow Per Share and Capex To Depreciation is -0.81. Overlapping area represents the amount of variation of Operating Cash Flow Per Share that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Nexpoint Residential Trust, assuming nothing else is changed. The correlation between historical values of Nexpoint Residential's Operating Cash Flow Per Share and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Cash Flow Per Share of Nexpoint Residential Trust are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Operating Cash Flow Per Share i.e., Nexpoint Residential's Operating Cash Flow Per Share and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | -0.81 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Operating Cash Flow Per Share
A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Most indicators from Nexpoint Residential's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nexpoint Residential current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nexpoint Residential Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
At this time, Nexpoint Residential's
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 9.85 in 2024, whereas
Selling General Administrative is likely to drop slightly above 19.6
M in 2024.
Nexpoint Residential fundamental ratios Correlations
Click cells to compare fundamentals
Nexpoint Residential Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nexpoint Residential fundamental ratios Accounts
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Additional Tools for Nexpoint Stock Analysis
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