Nexpoint Residential Total Risk Alpha
| NXRT Stock | | | USD 25.17 0.08 0.32% |
Observed values used in the Total Risk Alpha indicator for Nexpoint Residential Trust are included in this dataset. Comparable indicator datasets are structured within
Equity Screeners. Nexpoint Residential has a market cap of 1.29 B, operating margin of 11.2%, current ratio of 4.95.
Correlation Analysis can help frame allocation decisions. Nexpoint Residential Trust can be included in a portfolio to evaluate diversification impact. Weighting is typically determined by the allocation framework in use. Broader economic conditions can influence Nexpoint Residential Trust's company valuation — related indicators include
signals in real.
Nexpoint Residential Trust has current Total Risk Alpha of
-0.05. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | -0.05 | |
| ER[a] | = | Expected return on investing in Nexpoint Residential |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Nexpoint Residential |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Total Risk Alpha Peers Comparison
Total Risk Alpha Relative To Other Indicators
Nexpoint Residential Trust is rated
below average in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Nexpoint Residential to Peers
Other Technical Indicators