Nexpoint Residential Trust Stock Market Value
| NXRT Stock | USD 46.48 0.30 0.65% |
| Symbol | Nexpoint |
Nexpoint Residential Price To Book Ratio
Is Multi-Family Residential REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nexpoint Residential. If investors know Nexpoint will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nexpoint Residential listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.718 | Dividend Share 1.85 | Earnings Share 1.77 | Revenue Per Share 10.357 | Quarterly Revenue Growth (0.08) |
The market value of Nexpoint Residential is measured differently than its book value, which is the value of Nexpoint that is recorded on the company's balance sheet. Investors also form their own opinion of Nexpoint Residential's value that differs from its market value or its book value, called intrinsic value, which is Nexpoint Residential's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nexpoint Residential's market value can be influenced by many factors that don't directly affect Nexpoint Residential's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nexpoint Residential's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nexpoint Residential is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nexpoint Residential'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 Residential '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 Residential'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 Residential.
| 06/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in Nexpoint Residential on June 4, 2023 and sell it all today you would earn a total of 0.00 from holding Nexpoint Residential Trust or generate 0.0% return on investment in Nexpoint Residential over 540 days. Nexpoint Residential is related to or competes with Independence Realty, Community Healthcare, Terreno Realty, National Storage, and Urban Edge. NexPoint Residential Trust is a publicly traded REIT, with its shares listed on the New York Stock Exchange under the sy... More
Nexpoint Residential 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 Residential'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 Residential Trust upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.38 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 6.37 | |||
| Value At Risk | (2.22) | |||
| Potential Upside | 3.22 |
Nexpoint Residential Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nexpoint Residential's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nexpoint Residential's standard deviation. In reality, there are many statistical measures that can use Nexpoint Residential historical prices to predict the future Nexpoint Residential's volatility.| Risk Adjusted Performance | 0.0561 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1073 |
Nexpoint Residential Backtested Returns
Currently, Nexpoint Residential Trust is very steady. Nexpoint Residential has Sharpe Ratio of 0.0186, which conveys that the firm had a 0.0186% return per unit of risk over the last 3 months. We have found thirty technical indicators for Nexpoint Residential, which you can use to evaluate the volatility of the firm. Please verify Nexpoint Residential's Downside Deviation of 1.38, risk adjusted performance of 0.0561, and Mean Deviation of 1.21 to check out if the risk estimate we provide is consistent with the expected return of 0.0279%. Nexpoint Residential has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.86, which conveys possible diversification benefits within a given portfolio. Nexpoint Residential returns are very sensitive to returns on the market. As the market goes up or down, Nexpoint Residential is expected to follow. Nexpoint Residential right now secures a risk of 1.49%. Please verify Nexpoint Residential Trust treynor ratio, expected short fall, as well as the relationship between the Expected Short fall and day median price , to decide if Nexpoint Residential Trust will be following its current price movements.
Auto-correlation | -0.84 |
Excellent reverse predictability
Nexpoint Residential Trust has excellent reverse predictability. Overlapping area represents the amount of predictability between Nexpoint Residential time series from 4th of June 2023 to 29th of February 2024 and 29th of February 2024 to 25th 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 Residential price movement. The serial correlation of -0.84 indicates that around 84.0% of current Nexpoint Residential price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.84 | |
| Spearman Rank Test | -0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 33.02 |
Nexpoint Residential lagged returns against current returns
Autocorrelation, which is Nexpoint Residential 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 Residential's stock expected returns. We can calculate the autocorrelation of Nexpoint Residential returns to help us make a trade decision. For example, suppose you find that Nexpoint Residential 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 |
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Nexpoint Residential 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 Residential stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nexpoint Residential stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nexpoint Residential stock over time.
Current vs Lagged Prices |
| Timeline |
Nexpoint Residential Lagged Returns
When evaluating Nexpoint Residential's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nexpoint Residential stock have on its future price. Nexpoint Residential 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 Residential autocorrelation shows the relationship between Nexpoint Residential stock current value and its past values and can show if there is a momentum factor associated with investing in Nexpoint Residential Trust.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Nexpoint Stock Analysis
When running Nexpoint Residential's price analysis, check to measure Nexpoint Residential'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 Residential is operating at the current time. Most of Nexpoint Residential's value examination focuses on studying past and present price action to predict the probability of Nexpoint Residential'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 Residential's price. Additionally, you may evaluate how the addition of Nexpoint Residential to your portfolios can decrease your overall portfolio volatility.