NexPoint Diversified's market value is the price at which a share of NexPoint Diversified trades on a public exchange. It measures the collective expectations of NexPoint Diversified Real investors about its performance. NexPoint Diversified is trading at 15.62 as of the 18th of January 2025, a 1.96 percent up since the beginning of the trading day. The preferred stock's open price was 15.32. With this module, you can estimate the performance of a buy and hold strategy of NexPoint Diversified Real and determine expected loss or profit from investing in NexPoint Diversified over a given investment horizon. Check out NexPoint Diversified Correlation, NexPoint Diversified Volatility and NexPoint Diversified Alpha and Beta module to complement your research on NexPoint Diversified.
Please note, there is a significant difference between NexPoint Diversified's value and its price as these two are different measures arrived at by different means. Investors typically determine if NexPoint Diversified is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NexPoint Diversified's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
NexPoint Diversified '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 Diversified's preferred 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 Diversified.
0.00
12/19/2024
No Change 0.00
0.0
In 31 days
01/18/2025
0.00
If you would invest 0.00 in NexPoint Diversified on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding NexPoint Diversified Real or generate 0.0% return on investment in NexPoint Diversified over 30 days. NexPoint Diversified is related to or competes with NexPoint Strategic, Prospect Capital, Ready Capital, SiriusPoint, and Rithm Capital. More
NexPoint Diversified 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 Diversified's preferred 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 Diversified Real upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for NexPoint Diversified's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NexPoint Diversified's standard deviation. In reality, there are many statistical measures that can use NexPoint Diversified historical prices to predict the future NexPoint Diversified's volatility.
At this point, NexPoint Diversified is very steady. NexPoint Diversified Real has Sharpe Ratio of 0.0462, which conveys that the firm had a 0.0462% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for NexPoint Diversified, which you can use to evaluate the volatility of the firm. Please verify NexPoint Diversified's Downside Deviation of 1.47, risk adjusted performance of 0.0459, and Mean Deviation of 0.7879 to check out if the risk estimate we provide is consistent with the expected return of 0.0539%. NexPoint Diversified has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.055, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning NexPoint Diversified are expected to decrease at a much lower rate. During the bear market, NexPoint Diversified is likely to outperform the market. NexPoint Diversified Real right now secures a risk of 1.17%. Please verify NexPoint Diversified Real potential upside, semi variance, and the relationship between the value at risk and downside variance , to decide if NexPoint Diversified Real will be following its current price movements.
Auto-correlation
-0.41
Modest reverse predictability
NexPoint Diversified Real has modest reverse predictability. Overlapping area represents the amount of predictability between NexPoint Diversified time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 2025. 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 Diversified Real price movement. The serial correlation of -0.41 indicates that just about 41.0% of current NexPoint Diversified price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.41
Spearman Rank Test
0.02
Residual Average
0.0
Price Variance
0.04
NexPoint Diversified Real lagged returns against current returns
Autocorrelation, which is NexPoint Diversified preferred 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 Diversified's preferred stock expected returns. We can calculate the autocorrelation of NexPoint Diversified returns to help us make a trade decision. For example, suppose you find that NexPoint Diversified has exhibited high autocorrelation historically, and you observe that the preferred 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 Diversified 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 Diversified preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NexPoint Diversified preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NexPoint Diversified preferred stock over time.
Current vs Lagged Prices
Timeline
NexPoint Diversified Lagged Returns
When evaluating NexPoint Diversified's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NexPoint Diversified preferred stock have on its future price. NexPoint Diversified 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 Diversified autocorrelation shows the relationship between NexPoint Diversified preferred stock current value and its past values and can show if there is a momentum factor associated with investing in NexPoint Diversified Real.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in NexPoint Preferred Stock
NexPoint Diversified financial ratios help investors to determine whether NexPoint Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NexPoint with respect to the benefits of owning NexPoint Diversified security.