NXDT Stock | | | USD 6.51 0.12 1.81% |
NexPoint Strategic financial indicator trend analysis is infinitely more than just investigating NexPoint Strategic recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NexPoint Strategic is a good investment. Please check the relationship between NexPoint Strategic Selling General Administrative and its Research Development accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NexPoint Strategic Opportunities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
Selling General Administrative vs Research Development
Selling General Administrative vs Research Development Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
NexPoint Strategic Selling General Administrative account and
Research Development. At this time, the significance of the direction appears to have very week relationship.
The correlation between NexPoint Strategic's Selling General Administrative and Research Development is 0.22. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Research Development in the same time period over historical financial statements of NexPoint Strategic Opportunities, assuming nothing else is changed. The correlation between historical values of NexPoint Strategic's Selling General Administrative and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of NexPoint Strategic Opportunities are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Selling General Administrative i.e., NexPoint Strategic's Selling General Administrative and Research Development go up and down completely randomly.
Correlation Coefficient | 0.22 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Selling General Administrative
Research Development
Most indicators from NexPoint Strategic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NexPoint Strategic current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NexPoint Strategic Opportunities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
Issuance Of Capital Stock is likely to gain to about 104.4
M in 2024, whereas Selling General Administrative is likely to drop slightly above 10.6
M in 2024.
NexPoint Strategic fundamental ratios Correlations
Click cells to compare fundamentals
NexPoint Strategic Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NexPoint Strategic fundamental ratios Accounts
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Additional Tools for NexPoint Stock Analysis
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