NextDecade Corporation (NEXT)

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The chart shows the growth of an initial investment of $10,000 in NextDecade Corporation, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

NextDecade Corporation (NEXT) has returned 45.35% so far this year and -1.54% over the past 12 months. Over the last ten years, NEXT has returned -2.53% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jun 4, 2015, NEXT's average daily return is +0.12%, while the average monthly return is +2.38%. At this rate, your investment would double in approximately 2.5 years.

Historically, 48% of months were positive and 52% were negative. The best month was Sep 2020 with a return of +124.1%, while the worst month was Mar 2020 at -50.9%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 6 months.

On a daily basis, NEXT closed higher 41% of trading days. The best single day was Sep 8, 2020 with a return of +75.2%, while the worst single day was Mar 16, 2020 at -32.0%.

NextDecade Corporation has an annualized alpha of 16.96%, beta of 1.15, and R² of 0.06 versus S&P 500 Index. Calculated based on daily prices since June 05, 2015.

• This stock participated in 82.10% of S&P 500 Index downside but only 33.54% of its upside — more exposed to losses than it benefited from rallies.
• R² of 0.06 means this stock moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

NEXT ranks 39 for risk / return — below 39% of stocks on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for NextDecade Corporation (NEXT) and compare them to a chosen benchmark (S&P 500 Index).

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the NextDecade Corporation. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the NextDecade Corporation was 88.79%, occurring on May 14, 2020. Recovery took 1295 trading sessions.

The current NextDecade Corporation drawdown is 36.17%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of NextDecade Corporation over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how NextDecade Corporation is priced in the market compared to other companies in the Oil & Gas E&P industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.