PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
NXST vs. RS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between NXST and RS is 0.32, 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.


-0.50.00.51.00.3

Performance

NXST vs. RS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nexstar Media Group, Inc. (NXST) and Reliance Steel & Aluminum Co. (RS). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
3.07%
-3.86%
NXST
RS

Key characteristics

Sharpe Ratio

NXST:

0.19

RS:

-0.01

Sortino Ratio

NXST:

0.48

RS:

0.22

Omega Ratio

NXST:

1.06

RS:

1.03

Calmar Ratio

NXST:

0.24

RS:

-0.02

Martin Ratio

NXST:

0.72

RS:

-0.03

Ulcer Index

NXST:

8.46%

RS:

11.66%

Daily Std Dev

NXST:

32.71%

RS:

29.16%

Max Drawdown

NXST:

-96.66%

RS:

-83.80%

Current Drawdown

NXST:

-19.83%

RS:

-20.01%

Fundamentals

Market Cap

NXST:

$5.01B

RS:

$15.16B

EPS

NXST:

$17.23

RS:

$18.28

PE Ratio

NXST:

9.37

RS:

15.32

PEG Ratio

NXST:

0.52

RS:

1.20

Total Revenue (TTM)

NXST:

$5.22B

RS:

$14.05B

Gross Profit (TTM)

NXST:

$2.41B

RS:

$4.05B

EBITDA (TTM)

NXST:

$2.02B

RS:

$1.60B

Returns By Period

In the year-to-date period, NXST achieves a 5.38% return, which is significantly higher than RS's -2.41% return. Over the past 10 years, NXST has underperformed RS with an annualized return of 14.34%, while RS has yielded a comparatively higher 18.57% annualized return.


NXST

YTD

5.38%

1M

-5.00%

6M

3.07%

1Y

3.65%

5Y*

9.22%

10Y*

14.34%

RS

YTD

-2.41%

1M

-13.90%

6M

-3.86%

1Y

-2.18%

5Y*

19.41%

10Y*

18.57%

Compare stocks, funds, or ETFs

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


Risk-Adjusted Performance

NXST vs. RS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Nexstar Media Group, Inc. (NXST) and Reliance Steel & Aluminum Co. (RS). 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.


Sharpe ratio
The chart of Sharpe ratio for NXST, currently valued at 0.19, compared to the broader market-4.00-2.000.002.000.19-0.01
The chart of Sortino ratio for NXST, currently valued at 0.48, compared to the broader market-4.00-2.000.002.004.000.480.22
The chart of Omega ratio for NXST, currently valued at 1.06, compared to the broader market0.501.001.502.001.061.03
The chart of Calmar ratio for NXST, currently valued at 0.24, compared to the broader market0.002.004.006.000.24-0.02
The chart of Martin ratio for NXST, currently valued at 0.72, compared to the broader market-5.000.005.0010.0015.0020.0025.000.72-0.03
NXST
RS

The current NXST Sharpe Ratio is 0.19, which is higher than the RS Sharpe Ratio of -0.01. The chart below compares the historical Sharpe Ratios of NXST and RS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.200.000.200.400.600.801.00JulyAugustSeptemberOctoberNovemberDecember
0.19
-0.01
NXST
RS

Dividends

NXST vs. RS - Dividend Comparison

NXST's dividend yield for the trailing twelve months is around 4.27%, more than RS's 1.64% yield.


TTM20232022202120202019201820172016201520142013
NXST
Nexstar Media Group, Inc.
4.27%3.44%2.06%1.85%2.05%1.54%1.91%1.53%1.52%1.29%1.16%0.86%
RS
Reliance Steel & Aluminum Co.
1.64%1.43%1.73%1.70%2.09%1.84%2.81%2.10%2.07%2.76%2.28%2.06%

Drawdowns

NXST vs. RS - Drawdown Comparison

The maximum NXST drawdown since its inception was -96.66%, which is greater than RS's maximum drawdown of -83.80%. Use the drawdown chart below to compare losses from any high point for NXST and RS. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%JulyAugustSeptemberOctoberNovemberDecember
-19.83%
-20.01%
NXST
RS

Volatility

NXST vs. RS - Volatility Comparison

The current volatility for Nexstar Media Group, Inc. (NXST) is 5.79%, while Reliance Steel & Aluminum Co. (RS) has a volatility of 7.13%. This indicates that NXST experiences smaller price fluctuations and is considered to be less risky than RS 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%16.00%JulyAugustSeptemberOctoberNovemberDecember
5.79%
7.13%
NXST
RS

Financials

NXST vs. RS - Financials Comparison

This section allows you to compare key financial metrics between Nexstar Media Group, Inc. and Reliance Steel & Aluminum Co.. 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
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab