IMAX vs. NXST
IMAX (Imax Corp) and NXST (Nexstar Media Group, Inc.) are both stocks. Both are in the Communication Services sector — IMAX in Entertainment, NXST in Broadcasting. Over the past 10 years, IMAX returned 3.86%/yr vs 17.56%/yr for NXST. Their 0.29 correlation means their historical movements had little consistent relationship.
Performance
IMAX vs. NXST - Performance Comparison
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Returns By Period
In the year-to-date period, IMAX achieves a 29.44% return, which is significantly higher than NXST's -4.52% return. Over the past 10 years, IMAX has underperformed NXST with an annualized return of 3.86%, while NXST has yielded a comparatively higher 17.56% annualized return.
IMAX
- 1D
- 0.50%
- 1M
- 19.96%
- 6M
- 37.04%
- YTD
- 29.44%
- 1Y
- 89.84%
- 3Y*
- 37.51%
- 5Y*
- 24.27%
- 10Y*
- 3.86%
- ALL TIME*
- 6.28%
NXST
- 1D
- -0.99%
- 1M
- 5.21%
- 6M
- -8.71%
- YTD
- -4.52%
- 1Y
- 6.98%
- 3Y*
- 5.54%
- 5Y*
- 8.78%
- 10Y*
- 17.56%
- ALL TIME*
- 14.09%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
IMAX Imax Corp | $97.65M | $65.64M | $51.20M |
| $52.61M | $57.41M | $71.32M |
IMAX vs. NXST - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IMAX Imax Corp | 29.44% | 44.37% | 70.44% | 2.46% | -17.83% | -1.00% | -11.80% | 8.61% | -18.75% | -26.27% |
NXST Nexstar Media Group, Inc. | -4.52% | 33.95% | 5.04% | -7.52% | 18.37% | 40.95% | -4.42% | 51.93% | 2.65% | 25.89% |
Correlation
The correlation between IMAX and NXST is 0.12, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.12 |
Correlation (3Y) Balances recent behavior with more history. | 0.27 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.37 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.36 |
Correlation (All Time) Calculated using the full available price history since Nov 25, 2003 | 0.29 |
The correlation between IMAX and NXST shifts across timeframes, from 0.12 (1 year) to 0.37 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
IMAX:
$2.62B
NXST:
$5.82B
IMAX:
$0.73
NXST:
$5.37
IMAX:
65.70
NXST:
35.48
IMAX:
2.39
NXST:
8.67K
IMAX:
6.46
NXST:
1.15
IMAX:
$416.08M
NXST:
$5.11B
IMAX:
$246.08M
NXST:
$1.65B
IMAX:
$118.26M
NXST:
$1.42B
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Return for Risk
IMAX vs. NXST — Risk / Return Rank
IMAX
NXST
IMAX vs. NXST - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Imax Corp (IMAX) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IMAX | NXST | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.92 | ||
| Sortino ratioReturn per unit of downside risk | +2.63 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.06 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 3.78 | 0.14 | +3.63 |
| Martin ratioReturn relative to average drawdown | 9.82 | 0.34 | +9.48 |
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Drawdowns
IMAX vs. NXST - Drawdown Comparison
The maximum IMAX drawdown since its inception was -98.20%, roughly equal to the maximum NXST drawdown of -96.66%. Use the drawdown chart below to compare losses from any high point for IMAX and NXST.
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Drawdown Indicators
| IMAX | NXST | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.20% | -96.66% | -1.54% |
Max Drawdown (1Y)Largest decline over 1 year | -22.74% | -38.43% | +15.69% |
Max Drawdown (3Y)Largest decline over 3 years | -31.99% | -38.43% | +6.44% |
Max Drawdown (5Y)Largest decline over 5 years | -44.21% | -38.43% | -5.78% |
Max Drawdown (10Y)Largest decline over 10 years | -79.43% | -64.56% | -14.87% |
Current DrawdownCurrent decline from peak | -1.69% | -24.17% | +22.48% |
Average DrawdownAverage peak-to-trough decline | -48.73% | -30.29% | -18.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.75% | 16.22% | -7.47% |
Volatility
IMAX vs. NXST - Volatility Comparison
Imax Corp (IMAX) has a higher volatility of 15.98% compared to Nexstar Media Group, Inc. (NXST) at 7.98%. This indicates that IMAX'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.
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Volatility by Period
| IMAX | NXST | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.98% | 7.98% | +8.00% |
Volatility (6M)Calculated over the trailing 6-month period | 33.72% | 29.56% | +4.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.40% | 35.15% | +6.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.38% | 34.75% | +5.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.27% | 39.77% | +6.50% |
Dividends
IMAX vs. NXST - Dividend Comparison
IMAX has not paid dividends to shareholders, while NXST's dividend yield for the trailing twelve months is around 3.90%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IMAX Imax Corp | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NXST Nexstar Media Group, Inc. | 3.90% | 3.66% | 4.28% | 3.44% | 2.06% | 1.85% | 2.05% | 1.54% | 1.91% | 1.53% | 1.52% | 1.29% |
Financials
IMAX vs. NXST - Financials Comparison
This section allows you to compare key financial metrics between Imax Corp 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
IMAX vs. NXST - Profitability Comparison
IMAX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Imax Corp reported a gross profit of 62.90M and revenue of 102.84M. Therefore, the gross margin over that period was 61.2%.
NXST - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Nexstar Media Group, Inc. reported a gross profit of 0.00 and revenue of 1.40B. Therefore, the gross margin over that period was 0.0%.
IMAX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Imax Corp reported an operating income of 20.77M and revenue of 102.84M, resulting in an operating margin of 20.2%.
NXST - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Nexstar Media Group, Inc. reported an operating income of 265.00M and revenue of 1.40B, resulting in an operating margin of 19.0%.
IMAX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Imax Corp reported a net income of 15.40M and revenue of 102.84M, resulting in a net margin of 15.0%.
NXST - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Nexstar Media Group, Inc. reported a net income of 164.00M and revenue of 1.40B, resulting in a net margin of 11.8%.
Frequently Asked Questions
IMAX and NXST have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IMAX has higher volatility (15.98%) compared to NXST (7.98%). In terms of maximum drawdown, IMAX dropped -98.20% vs NXST's -96.66%.
IMAX currently has the higher Sharpe Ratio (2.08 vs 0.16), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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