Nexpoint Net Current Asset Value from 2010 to 2024
| NXRT Stock | USD 36.51 0.15 0.41% |
Net Current Asset Value | First Reported 2010-12-31 | Previous Quarter 0.0 | Current Value 0.0 | Quarterly Volatility 0.0 |
Check Nexpoint Residential financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nexpoint main balance sheet or income statement drivers, such as Depreciation And Amortization of 62.6 M, Interest Expense of 119 M or Selling General Administrative of 20.2 M, as well as many exotic indicators such as Price To Sales Ratio of 3.02, Dividend Yield of 0.0375 or PTB Ratio of 1.89. Nexpoint financial statements analysis is a perfect complement when working with Nexpoint Residential Valuation or Volatility modules.
Nexpoint | Net Current Asset Value |
Pair Trading with Nexpoint Residential
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nexpoint Residential position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nexpoint Residential will appreciate offsetting losses from the drop in the long position's value.Moving together with Nexpoint Stock
| 0.89 | O | Realty Income Corp | PairCorr |
| 0.85 | HR | Healthcare Realty Trust | PairCorr |
Moving against Nexpoint Stock
| 0.77 | WHLR | Wheeler Real Estate | PairCorr |
| 0.72 | FR | First Industrial Realty | PairCorr |
| 0.71 | EQIX | Equinix | PairCorr |
| 0.63 | WY | Weyerhaeuser Financial Report 25th of July 2024 | PairCorr |
| 0.47 | FISK | Empire State Realty | PairCorr |
The ability to find closely correlated positions to Nexpoint Residential could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nexpoint Residential when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nexpoint Residential - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nexpoint Residential Trust to buy it.
The correlation of Nexpoint Residential is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nexpoint Residential moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nexpoint Residential moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nexpoint Residential can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Nexpoint Residential Correlation against competitors. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary 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.
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Is Nexpoint Residential's industry 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 1.765 | Earnings Share 2.84 | Revenue Per Share 10.75 | Quarterly Revenue Growth (0.02) |
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.