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NEXT Stock Analysis

Data source: Trade-Ideas Alerts | 12 alerts analyzed | Backtest period: 2022-03-24 → 2024-06-13

⚠️ Small sample size (12 alerts). Statistics may have high variance. Interpret with caution.

🏢 Company Profile

NextDecade Corporation Common Stock NATURAL GAS TRANSMISSION & DISTRIBUTION (SIC 4923)
📍 NASDAQ 📅 IPO: Apr 10, 2015 🔗 www.next-decade.com
💰 Market Cap: $1.40B 👥 Employees: 237
NextDecade Corp is a Houston-based energy company engaged in construction and development activities related to the liquefaction of natural gas and sale of LNG and the capture and storage of CO2 emissions. The group is constructing and developing a natural gas liquefaction and export facility located in the Rio Grande Valley near Brownsville, Texas (the Rio Grande LNG Facility). It also engaged in NEXT Carbon Solutions advancing proprietary processes to lower the cost of utilizing carbon capture and storage (CCS) and help companies reduce their emissions and achieve their clean energy goals.
📊
12
Total Alerts
🎯
58.3%
Win Rate (15MIN)
💰
+0.98%
Avg Gain (15MIN)
🚀
+10.48%
Avg MFE (Max Potential)

📈 Performance by Timeframe

5MIN

Win Rate: 16.7%
Avg Gain: -1.07%
Avg Winner: +1.42%
Avg Loser: -1.57%
Best: +2.58%
Worst: -3.57%
Trades: 2/10

15MIN

Win Rate: 58.3%
Avg Gain: +0.98%
Avg Winner: +3.94%
Avg Loser: -3.17%
Best: +9.26%
Worst: -7.18%
Trades: 7/5

30MIN

Win Rate: 50.0%
Avg Gain: +0.90%
Avg Winner: +5.38%
Avg Loser: -4.30%
Best: +10.81%
Worst: -11.72%
Trades: 6/5

60MIN

Win Rate: 41.7%
Avg Gain: +0.01%
Avg Winner: +6.07%
Avg Loser: -4.32%
Best: +18.90%
Worst: -8.29%
Trades: 5/7

EOD (End of Day)

Win Rate: 50.0%
Avg Gain: +3.77%
Avg Winner: +12.04%
Avg Loser: -4.51%
Best: +23.74%
Worst: -9.76%
Trades: 6/6

🚀 Max Favorable / Adverse Excursion (MFE/MAE)

Institutional-grade metrics showing the maximum profit potential and risk for each alert.

📈 MFE (Max Profit Potential)

Average MFE: +10.48%
Best MFE: +28.60%
Avg Time to MFE: 153 min

On average, NEXT alerts reach +10.48% profit potential within 153 minutes.

📉 MAE (Max Drawdown Risk)

Average MAE: -4.53%
Worst MAE: -14.83%
Avg Time to MAE: 5 min

Before reaching MFE, expect an average drawdown of 4.53%.

⚖️ Risk/Reward Ratio

2.31:1

Excellent risk/reward - potential gain is 2.31x the typical drawdown.

💡 Trading Insight: Based on 12 alerts, NEXT typically reaches +10.48% profit before pulling back. Consider setting profit targets around 8.4% to capture most of the move.

🌅 Premarket Gap Analysis (9:25 → 9:30)

Total Gaps Analyzed 12
Gap Up % 8.3%
Avg Gap -1.04%
Best Gap +0.66%

🏭 Sector Comparison: NATURAL GAS TRANSMISSION & DISTRIBUTION

How NEXT compares to 5 other tickers in the same sector.

5-Min Gain
NEXT: -1.07% Sector: -0.44% -0.63%
EOD Gain
NEXT: +3.77% Sector: +1.38% +2.39%
Avg MFE
NEXT: +10.48% Sector: +4.78% +5.69%

📋 Last 20 Alerts

Historical NEXT alerts with performance metrics calculated from 1-minute price data. Each row shows the actual price movement at different timeframes after the alert.

Date Time Price 5min 15min 30min 60min EOD MFE MAE Gap Result
2024-06-13 09:27:58 $8.01 -0.50% -0.25% - -0.12% -0.62% +3.00% - -1.00% LOSS
2024-04-12 09:26:30 $6.69 -0.15% -2.39% -3.96% -3.51% -7.03% +0.15% -2.24% -2.09% LOSS
2023-06-15 09:28:00 $7.61 -0.66% +1.44% +0.92% +2.86% +6.04% +8.28% -2.89% +0.66% LOSS
2023-06-14 09:27:00 $6.64 -3.01% +9.26% +10.32% +0.29% +16.72% +19.07% -6.78% -1.81% LOSS
2022-04-18 09:25:00 $7.48 -0.43% -2.67% -1.74% -3.61% -9.76% +1.34% -6.28% -1.07% LOSS
2022-04-07 09:25:00 $6.57 -2.05% -3.35% -3.81% -8.21% -5.48% +0.46% -0.46% -1.07% LOSS
2022-04-06 09:25:00 $6.19 +2.58% +4.91% +10.81% +18.90% -1.45% +26.17% -1.78% -1.45% WIN
2022-04-01 09:25:00 $6.53 -1.23% +5.05% +1.23% -5.97% +6.28% +8.35% -4.59% -0.46% LOSS
2022-03-29 09:25:00 $5.6 -3.57% +0.71% -0.27% +3.21% +10.89% +10.71% -5.36% -0.54% LOSS
2022-03-28 09:25:00 $6.27 +0.26% -7.18% -11.72% -8.29% -2.71% +7.66% -14.83% -0.48% WIN
2022-03-25 09:25:00 $5.14 -3.31% +0.78% +2.92% -0.49% +23.74% +28.60% -6.42% -1.56% LOSS
2022-03-24 09:25:00 $4.43 -0.79% +5.42% +6.09% +5.08% +8.58% +11.96% -2.71% -1.58% LOSS

Table Metrics Explained:

  • 5min/15min/30min/60min/EOD: Price change at each timeframe (calculated from real minute-by-minute data)
  • MFE: Maximum Favorable Excursion - highest profit potential reached during the day
  • MAE: Maximum Adverse Excursion - worst drawdown experienced before reaching MFE
  • Gap: Premarket price gap from 9:25 AM to 9:30 AM market open
  • Result: WIN if 5min change > 0%, LOSS otherwise

🚀 Beat the 58.3% Baseline on NEXT

The 58.3% win rate is just the raw starting point. Launch the app to apply filters (Volume, RSI, Time) and see if you can push NEXT's performance to 75%+.

Optimize NEXT Strategy →

Why Analyze NEXT with FILTRIX?

🛡️ Realistic Entry Simulation

We don't inflate stats. Our analysis tracks only the first alert of the day for NEXT. This simulates a true "Gap & Go" entry at pre-market hours (9:25-9:30 AM), avoiding the trap of chasing a stock that has already extended.

💰 Max Potential (MFE) Analysis

How much is left in the move? On winning days, NEXT historically offers an average upside of +10.48% intraday. Our data helps you distinguish between a quick scalp and a runner.

📊 NEXT Momentum Personality

With a baseline win rate of 58.3%, NEXT shows neutral behavior, suggesting the need for additional volume confirmation.

⏱️ Optimized Exit Timing

Don't guess when to sell. Our backtests show NEXT performs best on the 15MIN timeframe (Avg Gain: +0.98%), signaling that gains often fade later in the session.