EQIX vs. NXST
Compare and contrast key facts about Equinix, Inc. (EQIX) and Nexstar Media Group, Inc. (NXST).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EQIX or NXST.
Correlation
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
Key characteristics
EQIX:
0.24
NXST:
0.36
EQIX:
0.54
NXST:
0.73
EQIX:
1.07
NXST:
1.10
EQIX:
0.25
NXST:
0.46
EQIX:
1.00
NXST:
1.11
EQIX:
6.09%
NXST:
10.44%
EQIX:
25.42%
NXST:
31.97%
EQIX:
-99.44%
NXST:
-96.66%
EQIX:
-15.14%
NXST:
-6.87%
Fundamentals
EQIX:
$80.94B
NXST:
$5.55B
EQIX:
$8.50
NXST:
$21.42
EQIX:
97.83
NXST:
8.49
EQIX:
7.02
NXST:
9.52
EQIX:
$6.62B
NXST:
$4.12B
EQIX:
$3.25B
NXST:
$2.80B
EQIX:
$2.19B
NXST:
$1.68B
Returns By Period
In the year-to-date period, EQIX achieves a -11.35% return, which is significantly lower than NXST's 16.54% return. Over the past 10 years, EQIX has outperformed NXST with an annualized return of 16.16%, while NXST has yielded a comparatively lower 14.92% annualized return.
EQIX
-11.35%
-8.68%
-5.27%
7.07%
7.84%
16.16%
NXST
16.54%
5.15%
13.52%
13.01%
33.09%
14.92%
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Risk-Adjusted Performance
EQIX vs. NXST — Risk-Adjusted Performance Rank
EQIX
NXST
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.
Dividends
EQIX vs. NXST - Dividend Comparison
EQIX's dividend yield for the trailing twelve months is around 2.10%, less than NXST's 3.81% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EQIX Equinix, Inc. | 2.10% | 1.81% | 1.80% | 1.89% | 1.36% | 1.49% | 1.69% | 2.59% | 1.77% | 1.96% | 5.86% | 3.34% |
NXST Nexstar Media Group, Inc. | 3.81% | 4.28% | 3.44% | 2.06% | 1.85% | 2.05% | 1.54% | 1.91% | 1.53% | 1.52% | 1.29% | 1.16% |
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.
Volatility
EQIX vs. NXST - Volatility Comparison
Equinix, Inc. (EQIX) has a higher volatility of 9.74% compared to Nexstar Media Group, Inc. (NXST) at 8.10%. This indicates that EQIX's price experiences larger fluctuations and is considered to be riskier than NXST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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.
Total Revenue: Total amount of money received from sales and other business activities