NexPoint Common Stock Shares Outstanding vs Retained Earnings Analysis
NXDT Stock | USD 4.84 0.08 1.63% |
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 Common Stock Shares Outstanding and its Retained Earnings 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 various price indices.
Common Stock Shares Outstanding vs Retained Earnings
Common Stock Shares Outstanding vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NexPoint Strategic Common Stock Shares Outstanding account and Retained Earnings. At this time, the significance of the direction appears to have almost no relationship.
The correlation between NexPoint Strategic's Common Stock Shares Outstanding and Retained Earnings is 0.16. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Retained Earnings 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 Common Stock Shares Outstanding and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of NexPoint Strategic Opportunities are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Common Stock Shares Outstanding i.e., NexPoint Strategic's Common Stock Shares Outstanding and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.16 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.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 various price indices. At this time, NexPoint Strategic's Issuance Of Capital Stock is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.36 in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (4.96).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.4M | 6.5M | 15.9M | 16.7M | Interest Income | 7.6M | 8.4M | 7.0M | 8.8M |
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
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | (6.6M) | (3.1K) | (63.2K) | (15.0M) | (170.9M) | (162.4M) | |
Total Current Liabilities | 6.6M | 3.1K | 63.2K | 15.0M | 356K | 338.2K | |
Retained Earnings | (255.3M) | (391.6M) | (2.7M) | 17.9M | (126.6M) | (132.9M) | |
Accounts Payable | 6.6M | 3.1K | 63.2K | 15.0M | 10.0M | 6.5M | |
Other Assets | 20.2M | 8.6M | 2.5M | 44.0M | 1.1B | 1.1B | |
Net Receivables | 26.8M | 1.3M | 1.3M | 6.2M | 10.4M | 9.4M | |
Total Current Assets | 27.1M | 3.2M | 3.6M | 19.6M | 25.0M | 21.7M | |
Common Stock | 1.2B | 1.2B | 913.9M | 37K | 38K | 36.1K | |
Total Assets | 1.4B | 854.1M | 1.0B | 1.2B | 1.1B | 1.1B | |
Short Long Term Debt Total | 328.4M | 45M | 42.5M | 171.3M | 196.9M | 165.9M | |
Total Stockholder Equity | 973.6M | 790.8M | 994.5M | 1.0B | 885.1M | 946.3M | |
Net Debt | 328.0M | 43.0M | 40.3M | 157.9M | 143.7M | 112.4M | |
Non Current Assets Total | 1.3B | 842.3M | 1.0B | 1.2B | 13.9M | 13.2M | |
Non Currrent Assets Other | (1.3B) | (842.3M) | (1.0B) | (2.2M) | (1.0B) | (1.1B) | |
Common Stock Shares Outstanding | 40.6M | 45.7M | 37.3M | 37.2M | 37.3M | 39.8M | |
Liabilities And Stockholders Equity | 1.4B | 854.1M | 1.0B | 1.2B | 1.1B | 1.1B | |
Non Current Liabilities Total | 328.4M | 45M | 42.5M | 15.0M | 212.9M | 223.6M | |
Other Stockholder Equity | 255.3M | 391.6M | 2.7M | 999.8M | 1.0B | 681.3M | |
Total Liab | 379.4M | 63.3M | 53.6M | 205.1M | 213.3M | 147.7M | |
Net Invested Capital | 1.3B | 835.8M | 953.7M | 1.2B | 1.1B | 1.1B | |
Long Term Investments | 1.3B | 842.3M | 1.0B | 893.3M | 757.5M | 749.6M |
Pair Trading with NexPoint Strategic
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 Strategic 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 Strategic will appreciate offsetting losses from the drop in the long position's value.Moving against NexPoint Stock
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0.74 | NEN | New England Realty | PairCorr |
0.64 | UE | Urban Edge Properties | PairCorr |
0.63 | KW | Kennedy Wilson Holdings | PairCorr |
0.63 | JLL | Jones Lang LaSalle | PairCorr |
The ability to find closely correlated positions to NexPoint Strategic 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 Strategic 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 Strategic - 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 Strategic Opportunities to buy it.
The correlation of NexPoint Strategic 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 Strategic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NexPoint Strategic 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 Strategic 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.Additional Tools for NexPoint Stock Analysis
When running NexPoint Strategic's price analysis, check to measure NexPoint Strategic'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 Strategic is operating at the current time. Most of NexPoint Strategic's value examination focuses on studying past and present price action to predict the probability of NexPoint Strategic'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 Strategic's price. Additionally, you may evaluate how the addition of NexPoint Strategic to your portfolios can decrease your overall portfolio volatility.