Nexpoint Diversified Real Preferred Stock Market Value
| NXDT-PA Preferred Stock | 15.60 0.10 0.64% |
| Symbol | NexPoint |
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.
| 01/17/2025 |
| 02/16/2025 |
If you would invest 0.00 in NexPoint Diversified on January 17, 2025 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.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 7.46 | |||
| Value At Risk | (2.65) | |||
| Potential Upside | 1.96 |
NexPoint Diversified Market Risk Indicators
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.| Risk Adjusted Performance | 0.0031 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | 0.0826 |
NexPoint Diversified Real Backtested Returns
NexPoint Diversified Real has Sharpe Ratio of close to zero, which conveys that the firm had a close to zero % return per unit of risk over the last 3 months. NexPoint Diversified exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NexPoint Diversified's Mean Deviation of 1.02, risk adjusted performance of 0.0031, and Standard Deviation of 1.45 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.17, 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. At this point, NexPoint Diversified Real has a negative expected return of -0.0058%. Please make sure to verify NexPoint Diversified's skewness, accumulation distribution, rate of daily change, as well as the relationship between the kurtosis and daily balance of power , to decide if NexPoint Diversified Real performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.38 |
Poor reverse predictability
NexPoint Diversified Real has poor reverse predictability. Overlapping area represents the amount of predictability between NexPoint Diversified time series from 17th of January 2025 to 1st of February 2025 and 1st of February 2025 to 16th of February 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 -0.38 indicates that just about 38.0% of current NexPoint Diversified price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
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 |
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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.