NXST vs. STLD
Compare and contrast key facts about Nexstar Media Group, Inc. (NXST) and Steel Dynamics, Inc. (STLD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NXST or STLD.
Correlation
The correlation between NXST and STLD is 0.30, 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
NXST vs. STLD - Performance Comparison
Key characteristics
NXST:
-0.17
STLD:
-0.71
NXST:
-0.00
STLD:
-0.94
NXST:
1.00
STLD:
0.89
NXST:
-0.23
STLD:
-0.87
NXST:
-0.55
STLD:
-1.59
NXST:
10.50%
STLD:
15.64%
NXST:
33.96%
STLD:
35.02%
NXST:
-96.66%
STLD:
-87.05%
NXST:
-21.44%
STLD:
-28.66%
Fundamentals
NXST:
$4.68B
STLD:
$16.37B
NXST:
$21.41
STLD:
$9.84
NXST:
7.17
STLD:
11.10
NXST:
8.89
STLD:
10.91
NXST:
$4.12B
STLD:
$12.85B
NXST:
$2.80B
STLD:
$1.81B
NXST:
$1.68B
STLD:
$1.61B
Returns By Period
In the year-to-date period, NXST achieves a -1.69% return, which is significantly higher than STLD's -3.87% return. Over the past 10 years, NXST has underperformed STLD with an annualized return of 12.95%, while STLD has yielded a comparatively higher 20.95% annualized return.
NXST
-1.69%
-9.56%
-4.47%
-4.82%
28.57%
12.95%
STLD
-3.87%
-14.15%
-14.13%
-24.40%
41.86%
20.95%
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Risk-Adjusted Performance
NXST vs. STLD — Risk-Adjusted Performance Rank
NXST
STLD
NXST vs. STLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nexstar Media Group, Inc. (NXST) and Steel Dynamics, Inc. (STLD). 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
NXST vs. STLD - Dividend Comparison
NXST's dividend yield for the trailing twelve months is around 4.52%, more than STLD's 1.72% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NXST Nexstar Media Group, Inc. | 4.52% | 4.28% | 3.44% | 2.06% | 1.85% | 2.05% | 1.54% | 1.91% | 1.53% | 1.52% | 1.29% | 1.16% |
STLD Steel Dynamics, Inc. | 1.72% | 1.61% | 1.44% | 1.39% | 1.68% | 2.71% | 2.82% | 2.50% | 1.44% | 1.57% | 3.09% | 2.33% |
Drawdowns
NXST vs. STLD - Drawdown Comparison
The maximum NXST drawdown since its inception was -96.66%, which is greater than STLD's maximum drawdown of -87.05%. Use the drawdown chart below to compare losses from any high point for NXST and STLD. For additional features, visit the drawdowns tool.
Volatility
NXST vs. STLD - Volatility Comparison
Nexstar Media Group, Inc. (NXST) and Steel Dynamics, Inc. (STLD) have volatilities of 14.48% and 14.60%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NXST vs. STLD - Financials Comparison
This section allows you to compare key financial metrics between Nexstar Media Group, Inc. and Steel Dynamics, 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