HESM vs. NXST
Compare and contrast key facts about Hess Midstream LP (HESM) and Nexstar Media Group, Inc. (NXST).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HESM or NXST.
Correlation
The correlation between HESM and NXST is 0.24, 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
HESM vs. NXST - Performance Comparison
Key characteristics
HESM:
1.31
NXST:
0.08
HESM:
1.80
NXST:
0.33
HESM:
1.24
NXST:
1.04
HESM:
2.69
NXST:
0.10
HESM:
6.36
NXST:
0.31
HESM:
3.73%
NXST:
8.41%
HESM:
18.06%
NXST:
32.79%
HESM:
-75.16%
NXST:
-96.66%
HESM:
-5.38%
NXST:
-20.57%
Fundamentals
HESM:
$7.90B
NXST:
$5.01B
HESM:
$2.36
NXST:
$17.23
HESM:
15.35
NXST:
9.37
HESM:
1.57
NXST:
0.52
HESM:
$1.46B
NXST:
$5.22B
HESM:
$911.30M
NXST:
$2.41B
HESM:
$1.10B
NXST:
$2.02B
Returns By Period
In the year-to-date period, HESM achieves a 22.41% return, which is significantly higher than NXST's 4.40% return.
HESM
22.41%
-1.24%
3.57%
24.22%
19.83%
N/A
NXST
4.40%
-3.98%
3.15%
5.09%
9.03%
14.41%
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Risk-Adjusted Performance
HESM vs. NXST - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hess Midstream LP (HESM) 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
HESM vs. NXST - Dividend Comparison
HESM's dividend yield for the trailing twelve months is around 7.36%, more than NXST's 4.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HESM Hess Midstream LP | 7.36% | 7.50% | 7.30% | 6.93% | 8.86% | 6.89% | 8.00% | 2.93% | 0.00% | 0.00% | 0.00% | 0.00% |
NXST Nexstar Media Group, Inc. | 4.31% | 3.44% | 2.06% | 1.85% | 2.05% | 1.54% | 1.91% | 1.53% | 1.52% | 1.29% | 1.16% | 0.86% |
Drawdowns
HESM vs. NXST - Drawdown Comparison
The maximum HESM drawdown since its inception was -75.16%, smaller than the maximum NXST drawdown of -96.66%. Use the drawdown chart below to compare losses from any high point for HESM and NXST. For additional features, visit the drawdowns tool.
Volatility
HESM vs. NXST - Volatility Comparison
Hess Midstream LP (HESM) has a higher volatility of 6.97% compared to Nexstar Media Group, Inc. (NXST) at 6.10%. This indicates that HESM'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
HESM vs. NXST - Financials Comparison
This section allows you to compare key financial metrics between Hess Midstream LP 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