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EQIX vs. NXST
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Key characteristics


EQIXNXST
YTD Return-8.72%2.47%
1Y Return3.66%-4.64%
3Y Return (Ann)2.66%4.20%
5Y Return (Ann)12.01%8.98%
10Y Return (Ann)17.76%17.55%
Sharpe Ratio0.23-0.07
Daily Std Dev24.08%37.75%
Max Drawdown-99.44%-96.66%
Current Drawdown-19.93%-22.04%

Fundamentals


EQIXNXST
Market Cap$70.99B$5.52B
EPS$10.33$9.64
PE Ratio72.4117.14
PEG Ratio5.050.35
Revenue (TTM)$7.75B$4.93B
Gross Profit (TTM)$2.97B$3.23B
EBITDA (TTM)$2.87B$1.28B

Correlation

-0.50.00.51.00.2

The correlation between EQIX and NXST is 0.19, 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.

Performance

EQIX vs. NXST - Performance Comparison

In the year-to-date period, EQIX achieves a -8.72% return, which is significantly lower than NXST's 2.47% return. Both investments have delivered pretty close results over the past 10 years, with EQIX having a 17.76% annualized return and NXST not far behind at 17.55%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%5.00%10.00%15.00%20.00%25.00%30.00%35.00%NovemberDecember2024FebruaryMarchApril
4.07%
19.64%
EQIX
NXST

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Equinix, Inc.

Nexstar Media Group, Inc.

Risk-Adjusted Performance

EQIX vs. NXST - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Equinix, Inc. (EQIX) and Nexstar Media Group, Inc. (NXST). 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.


EQIX
Sharpe ratio
The chart of Sharpe ratio for EQIX, currently valued at 0.23, compared to the broader market-2.00-1.000.001.002.003.004.000.23
Sortino ratio
The chart of Sortino ratio for EQIX, currently valued at 0.50, compared to the broader market-4.00-2.000.002.004.006.000.50
Omega ratio
The chart of Omega ratio for EQIX, currently valued at 1.06, compared to the broader market0.501.001.501.06
Calmar ratio
The chart of Calmar ratio for EQIX, currently valued at 0.26, compared to the broader market0.002.004.006.000.26
Martin ratio
The chart of Martin ratio for EQIX, currently valued at 0.78, compared to the broader market0.0010.0020.0030.000.78
NXST
Sharpe ratio
The chart of Sharpe ratio for NXST, currently valued at -0.07, compared to the broader market-2.00-1.000.001.002.003.004.00-0.07
Sortino ratio
The chart of Sortino ratio for NXST, currently valued at 0.16, compared to the broader market-4.00-2.000.002.004.006.000.16
Omega ratio
The chart of Omega ratio for NXST, currently valued at 1.02, compared to the broader market0.501.001.501.02
Calmar ratio
The chart of Calmar ratio for NXST, currently valued at -0.08, compared to the broader market0.002.004.006.00-0.08
Martin ratio
The chart of Martin ratio for NXST, currently valued at -0.20, compared to the broader market0.0010.0020.0030.00-0.20

EQIX vs. NXST - Sharpe Ratio Comparison

The current EQIX Sharpe Ratio is 0.23, which is higher than the NXST Sharpe Ratio of -0.07. The chart below compares the 12-month rolling Sharpe Ratio of EQIX and NXST.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.50NovemberDecember2024FebruaryMarchApril
0.23
-0.07
EQIX
NXST

Dividends

EQIX vs. NXST - Dividend Comparison

EQIX's dividend yield for the trailing twelve months is around 2.10%, less than NXST's 3.61% yield.


TTM20232022202120202019201820172016201520142013
EQIX
Equinix, Inc.
2.10%1.80%1.89%1.36%1.49%1.69%2.59%1.77%1.96%5.86%3.34%0.00%
NXST
Nexstar Media Group, Inc.
3.61%3.44%2.06%1.85%2.05%1.54%1.91%1.53%1.52%1.29%1.16%0.86%

Drawdowns

EQIX vs. NXST - Drawdown Comparison

The maximum EQIX drawdown since its inception was -99.44%, roughly equal to the maximum NXST drawdown of -96.66%. Use the drawdown chart below to compare losses from any high point for EQIX and NXST. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2024FebruaryMarchApril
-19.93%
-22.04%
EQIX
NXST

Volatility

EQIX vs. NXST - Volatility Comparison

The current volatility for Equinix, Inc. (EQIX) is 6.62%, while Nexstar Media Group, Inc. (NXST) has a volatility of 7.07%. This indicates that EQIX experiences smaller price fluctuations and is considered to be less risky than NXST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%NovemberDecember2024FebruaryMarchApril
6.62%
7.07%
EQIX
NXST

Financials

EQIX vs. NXST - Financials Comparison

This section allows you to compare key financial metrics between Equinix, Inc. and Nexstar Media Group, 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities



Values in USD except per share items