Nexpoint Real Estate Preferred Stock Market Value
| NREF-PA Preferred Stock | USD 23.70 0.20 0.84% |
| Symbol | NexPoint |
NexPoint Real '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 Real'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 Real.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in NexPoint Real on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding NexPoint Real Estate or generate 0.0% return on investment in NexPoint Real over 30 days. NexPoint Real is related to or competes with ACRES Commercial, Dynex Capital, PennyMac Mortgage, AG Mortgage, and Cherry Hill. NexPoint Real Estate Finance, Inc. operates as a commercial real estate finance company in the United States More
NexPoint Real 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 Real'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 Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.03 | |||
| Information Ratio | 0.0057 | |||
| Maximum Drawdown | 4.24 | |||
| Value At Risk | (1.53) | |||
| Potential Upside | 1.8 |
NexPoint Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NexPoint Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NexPoint Real's standard deviation. In reality, there are many statistical measures that can use NexPoint Real historical prices to predict the future NexPoint Real's volatility.| Risk Adjusted Performance | 0.1053 | |||
| Jensen Alpha | 0.122 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0054 | |||
| Treynor Ratio | (13.14) |
NexPoint Real Estate Backtested Returns
At this point, NexPoint Real is very steady. NexPoint Real Estate has Sharpe Ratio of 0.15, which conveys that the firm had a 0.15% return per unit of risk over the last 3 months. We have found thirty technical indicators for NexPoint Real, which you can use to evaluate the volatility of the firm. Please verify NexPoint Real's Mean Deviation of 0.7633, downside deviation of 1.03, and Risk Adjusted Performance of 0.1053 to check out if the risk estimate we provide is consistent with the expected return of 0.14%. NexPoint Real has a performance score of 11 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.0092, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning NexPoint Real are expected to decrease at a much lower rate. During the bear market, NexPoint Real is likely to outperform the market. NexPoint Real Estate right now secures a risk of 0.93%. Please verify NexPoint Real Estate maximum drawdown, potential upside, semi variance, as well as the relationship between the value at risk and downside variance , to decide if NexPoint Real Estate will be following its current price movements.
Auto-correlation | -0.49 |
Modest reverse predictability
NexPoint Real Estate has modest reverse predictability. Overlapping area represents the amount of predictability between NexPoint Real time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Real Estate price movement. The serial correlation of -0.49 indicates that about 49.0% of current NexPoint Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
NexPoint Real Estate lagged returns against current returns
Autocorrelation, which is NexPoint Real 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 Real's preferred stock expected returns. We can calculate the autocorrelation of NexPoint Real returns to help us make a trade decision. For example, suppose you find that NexPoint Real 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 Real 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 Real preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NexPoint Real 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 Real preferred stock over time.
Current vs Lagged Prices |
| Timeline |
NexPoint Real Lagged Returns
When evaluating NexPoint Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NexPoint Real preferred stock have on its future price. NexPoint Real 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 Real autocorrelation shows the relationship between NexPoint Real preferred stock current value and its past values and can show if there is a momentum factor associated with investing in NexPoint Real Estate.
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 Real 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 Real security.