STLD vs. NXST
Compare and contrast key facts about Steel Dynamics, Inc. (STLD) and Nexstar Media Group, Inc. (NXST).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: STLD or NXST.
Correlation
The correlation between STLD and NXST 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
STLD vs. NXST - Performance Comparison
Key characteristics
STLD:
-0.40
NXST:
0.36
STLD:
-0.41
NXST:
0.73
STLD:
0.96
NXST:
1.10
STLD:
-0.49
NXST:
0.46
STLD:
-0.86
NXST:
1.11
STLD:
15.48%
NXST:
10.44%
STLD:
33.40%
NXST:
31.97%
STLD:
-87.05%
NXST:
-96.66%
STLD:
-16.80%
NXST:
-6.87%
Fundamentals
STLD:
$19.09B
NXST:
$5.55B
STLD:
$9.85
NXST:
$21.42
STLD:
12.93
NXST:
8.49
STLD:
10.91
NXST:
9.52
STLD:
$12.85B
NXST:
$4.12B
STLD:
$1.81B
NXST:
$2.80B
STLD:
$1.61B
NXST:
$1.68B
Returns By Period
In the year-to-date period, STLD achieves a 12.10% return, which is significantly lower than NXST's 16.54% return. Over the past 10 years, STLD has outperformed NXST with an annualized return of 22.76%, while NXST has yielded a comparatively lower 14.92% annualized return.
STLD
12.10%
-2.01%
0.62%
-12.55%
46.39%
22.76%
NXST
16.54%
5.15%
13.52%
13.01%
33.09%
14.92%
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Risk-Adjusted Performance
STLD vs. NXST — Risk-Adjusted Performance Rank
STLD
NXST
STLD vs. NXST - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Steel Dynamics, Inc. (STLD) 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
STLD vs. NXST - Dividend Comparison
STLD's dividend yield for the trailing twelve months is around 1.48%, less than NXST's 3.81% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
STLD Steel Dynamics, Inc. | 1.48% | 1.61% | 1.44% | 1.39% | 1.68% | 2.71% | 2.82% | 2.50% | 1.44% | 1.57% | 3.09% | 2.33% |
NXST Nexstar Media Group, Inc. | 3.81% | 4.28% | 3.44% | 2.06% | 1.85% | 2.05% | 1.54% | 1.91% | 1.53% | 1.52% | 1.29% | 1.16% |
Drawdowns
STLD vs. NXST - Drawdown Comparison
The maximum STLD drawdown since its inception was -87.05%, smaller than the maximum NXST drawdown of -96.66%. Use the drawdown chart below to compare losses from any high point for STLD and NXST. For additional features, visit the drawdowns tool.
Volatility
STLD vs. NXST - Volatility Comparison
Steel Dynamics, Inc. (STLD) has a higher volatility of 9.88% compared to Nexstar Media Group, Inc. (NXST) at 8.10%. This indicates that STLD'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
STLD vs. NXST - Financials Comparison
This section allows you to compare key financial metrics between Steel Dynamics, Inc. 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