Correlation
The correlation between NEXT and LNG is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
NEXT vs. LNG
Compare and contrast key facts about NextDecade Corporation (NEXT) and Cheniere Energy, Inc. (LNG).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NEXT or LNG.
Performance
NEXT vs. LNG - Performance Comparison
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Key characteristics
NEXT:
0.25
LNG:
1.80
NEXT:
0.63
LNG:
2.15
NEXT:
1.08
LNG:
1.31
NEXT:
0.11
LNG:
2.22
NEXT:
0.26
LNG:
6.80
NEXT:
23.53%
LNG:
7.21%
NEXT:
70.05%
LNG:
29.13%
NEXT:
-88.79%
LNG:
-97.84%
NEXT:
-26.53%
LNG:
-8.21%
Fundamentals
NEXT:
$2.00B
LNG:
$51.81B
NEXT:
-$0.69
LNG:
$13.76
NEXT:
0.00
LNG:
2.31
NEXT:
0.00
LNG:
3.10
NEXT:
6.62
LNG:
9.28
NEXT:
$0.00
LNG:
$16.89B
NEXT:
-$6.25M
LNG:
$9.22B
NEXT:
-$75.24M
LNG:
$7.31B
Returns By Period
In the year-to-date period, NEXT achieves a -0.52% return, which is significantly lower than LNG's 8.36% return.
NEXT
-0.52%
-1.41%
6.68%
17.10%
-0.52%
38.41%
N/A
LNG
8.36%
-2.33%
4.99%
52.06%
19.96%
40.26%
12.36%
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Risk-Adjusted Performance
NEXT vs. LNG — Risk-Adjusted Performance Rank
NEXT
LNG
NEXT vs. LNG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NextDecade Corporation (NEXT) and Cheniere Energy, Inc. (LNG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
NEXT vs. LNG - Dividend Comparison
NEXT has not paid dividends to shareholders, while LNG's dividend yield for the trailing twelve months is around 0.83%.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
NEXT NextDecade Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LNG Cheniere Energy, Inc. | 0.83% | 0.84% | 0.95% | 0.92% | 0.33% |
Drawdowns
NEXT vs. LNG - Drawdown Comparison
The maximum NEXT drawdown since its inception was -88.79%, smaller than the maximum LNG drawdown of -97.84%. Use the drawdown chart below to compare losses from any high point for NEXT and LNG.
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Volatility
NEXT vs. LNG - Volatility Comparison
NextDecade Corporation (NEXT) has a higher volatility of 13.65% compared to Cheniere Energy, Inc. (LNG) at 5.50%. This indicates that NEXT's price experiences larger fluctuations and is considered to be riskier than LNG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
NEXT vs. LNG - Financials Comparison
This section allows you to compare key financial metrics between NextDecade Corporation and Cheniere Energy, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities