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

Key characteristics


HESMNXST
YTD Return15.33%12.23%
1Y Return33.27%13.82%
3Y Return (Ann)25.80%8.17%
5Y Return (Ann)20.61%11.91%
Sharpe Ratio1.750.34
Daily Std Dev18.98%37.87%
Max Drawdown-75.16%-96.66%
Current Drawdown-1.91%-14.62%

Fundamentals


HESMNXST
Market Cap$7.75B$5.49B
EPS$2.20$9.64
PE Ratio15.5717.28
PEG Ratio1.570.35
Revenue (TTM)$1.40B$4.93B
Gross Profit (TTM)$995.60M$3.23B
EBITDA (TTM)$1.04B$1.28B

Correlation

-0.50.00.51.00.2

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

In the year-to-date period, HESM achieves a 15.33% return, which is significantly higher than NXST's 12.23% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


80.00%100.00%120.00%140.00%160.00%180.00%200.00%220.00%December2024FebruaryMarchAprilMay
133.19%
200.40%
HESM
NXST

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Hess Midstream LP

Nexstar Media Group, Inc.

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.


HESM
Sharpe ratio
The chart of Sharpe ratio for HESM, currently valued at 1.75, compared to the broader market-2.00-1.000.001.002.003.001.75
Sortino ratio
The chart of Sortino ratio for HESM, currently valued at 2.21, compared to the broader market-4.00-2.000.002.004.006.002.21
Omega ratio
The chart of Omega ratio for HESM, currently valued at 1.32, compared to the broader market0.501.001.502.001.32
Calmar ratio
The chart of Calmar ratio for HESM, currently valued at 2.05, compared to the broader market0.002.004.006.002.05
Martin ratio
The chart of Martin ratio for HESM, currently valued at 8.63, compared to the broader market-10.000.0010.0020.0030.008.63
NXST
Sharpe ratio
The chart of Sharpe ratio for NXST, currently valued at 0.34, compared to the broader market-2.00-1.000.001.002.003.000.34
Sortino ratio
The chart of Sortino ratio for NXST, currently valued at 0.72, compared to the broader market-4.00-2.000.002.004.006.000.72
Omega ratio
The chart of Omega ratio for NXST, currently valued at 1.09, compared to the broader market0.501.001.502.001.09
Calmar ratio
The chart of Calmar ratio for NXST, currently valued at 0.36, compared to the broader market0.002.004.006.000.36
Martin ratio
The chart of Martin ratio for NXST, currently valued at 0.92, compared to the broader market-10.000.0010.0020.0030.000.92

HESM vs. NXST - Sharpe Ratio Comparison

The current HESM Sharpe Ratio is 1.75, which is higher than the NXST Sharpe Ratio of 0.34. The chart below compares the 12-month rolling Sharpe Ratio of HESM and NXST.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.502.002.50December2024FebruaryMarchAprilMay
1.75
0.34
HESM
NXST

Dividends

HESM vs. NXST - Dividend Comparison

HESM's dividend yield for the trailing twelve months is around 7.14%, more than NXST's 3.53% yield.


TTM20232022202120202019201820172016201520142013
HESM
Hess Midstream LP
7.14%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.
3.53%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.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%December2024FebruaryMarchAprilMay
-1.91%
-14.62%
HESM
NXST

Volatility

HESM vs. NXST - Volatility Comparison

The current volatility for Hess Midstream LP (HESM) is 5.22%, while Nexstar Media Group, Inc. (NXST) has a volatility of 10.74%. This indicates that HESM 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.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%December2024FebruaryMarchAprilMay
5.22%
10.74%
HESM
NXST

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.


Quarterly
Annual

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



Values in USD except per share items