Nexpoint Hospitality Trust Stock Market Value
| NHT-U Stock | 0.30 0.28 1,900% |
| Symbol | NexPoint |
NexPoint Hospitality '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 NexPoint Hospitality'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 NexPoint Hospitality.
| 05/07/2023 |
| 11/27/2024 |
If you would invest 0.00 in NexPoint Hospitality on May 7, 2023 and sell it all today you would earn a total of 0.00 from holding NexPoint Hospitality Trust or generate 0.0% return on investment in NexPoint Hospitality over 570 days. NexPoint Hospitality is related to or competes with Gatos Silver, Partners Value, Capstone Mining, Metalero Mining, Endeavour Silver, and Nicola Mining. NexPoint Hospitality is entity of Canada More
NexPoint Hospitality 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 NexPoint Hospitality'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 NexPoint Hospitality Trust upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 25.0 |
NexPoint Hospitality Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NexPoint Hospitality's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NexPoint Hospitality's standard deviation. In reality, there are many statistical measures that can use NexPoint Hospitality historical prices to predict the future NexPoint Hospitality's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.87) | |||
| Treynor Ratio | 1.32 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NexPoint Hospitality's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
NexPoint Hospitality Backtested Returns
NexPoint Hospitality is out of control given 3 months investment horizon. NexPoint Hospitality has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for nineteen different technical indicators, which can help you to evaluate if expected returns of 15.73% are justified by taking the suggested risk. Use NexPoint Hospitality Mean Deviation of 0.7461, risk adjusted performance of (0.09), and Standard Deviation of 3.08 to evaluate company specific risk that cannot be diversified away. NexPoint Hospitality holds a performance score of 9 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -0.29, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning NexPoint Hospitality are expected to decrease at a much lower rate. During the bear market, NexPoint Hospitality is likely to outperform the market. Use NexPoint Hospitality standard deviation and the relationship between the total risk alpha and period momentum indicator , to analyze future returns on NexPoint Hospitality.
Auto-correlation | -0.26 |
Weak reverse predictability
NexPoint Hospitality Trust has weak reverse predictability. Overlapping area represents the amount of predictability between NexPoint Hospitality time series from 7th of May 2023 to 16th of February 2024 and 16th of February 2024 to 27th of November 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 NexPoint Hospitality price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current NexPoint Hospitality price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
NexPoint Hospitality lagged returns against current returns
Autocorrelation, which is NexPoint Hospitality 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 NexPoint Hospitality's stock expected returns. We can calculate the autocorrelation of NexPoint Hospitality returns to help us make a trade decision. For example, suppose you find that NexPoint Hospitality 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 |
NexPoint Hospitality 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 NexPoint Hospitality stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NexPoint Hospitality stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NexPoint Hospitality stock over time.
Current vs Lagged Prices |
| Timeline |
NexPoint Hospitality Lagged Returns
When evaluating NexPoint Hospitality's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NexPoint Hospitality stock have on its future price. NexPoint Hospitality 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, NexPoint Hospitality autocorrelation shows the relationship between NexPoint Hospitality stock current value and its past values and can show if there is a momentum factor associated with investing in NexPoint Hospitality Trust.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for NexPoint Stock Analysis
When running NexPoint Hospitality's price analysis, check to measure NexPoint Hospitality'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 NexPoint Hospitality is operating at the current time. Most of NexPoint Hospitality's value examination focuses on studying past and present price action to predict the probability of NexPoint Hospitality's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NexPoint Hospitality's price. Additionally, you may evaluate how the addition of NexPoint Hospitality to your portfolios can decrease your overall portfolio volatility.