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

Correlation

The correlation between TGNA and NXST is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.4

Performance

TGNA vs. NXST - Performance Comparison

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

-10.00%0.00%10.00%20.00%30.00%40.00%SeptemberOctoberNovemberDecember2025February
33.77%
-5.35%
TGNA
NXST

Key characteristics

Sharpe Ratio

TGNA:

0.75

NXST:

-0.25

Sortino Ratio

TGNA:

1.31

NXST:

-0.13

Omega Ratio

TGNA:

1.15

NXST:

0.98

Calmar Ratio

TGNA:

0.45

NXST:

-0.31

Martin Ratio

TGNA:

2.89

NXST:

-0.81

Ulcer Index

TGNA:

8.17%

NXST:

9.73%

Daily Std Dev

TGNA:

31.27%

NXST:

31.61%

Max Drawdown

TGNA:

-97.40%

NXST:

-96.66%

Current Drawdown

TGNA:

-30.44%

NXST:

-23.29%

Fundamentals

Market Cap

TGNA:

$2.92B

NXST:

$4.70B

EPS

TGNA:

$2.86

NXST:

$17.23

PE Ratio

TGNA:

6.34

NXST:

8.80

PEG Ratio

TGNA:

0.98

NXST:

0.49

Total Revenue (TTM)

TGNA:

$2.23B

NXST:

$3.92B

Gross Profit (TTM)

TGNA:

$902.14M

NXST:

$1.86B

EBITDA (TTM)

TGNA:

$602.31M

NXST:

$1.55B

Returns By Period

In the year-to-date period, TGNA achieves a -0.87% return, which is significantly higher than NXST's -4.00% return. Over the past 10 years, TGNA has underperformed NXST with an annualized return of 2.78%, while NXST has yielded a comparatively higher 13.96% annualized return.


TGNA

YTD

-0.87%

1M

-1.73%

6M

33.77%

1Y

31.29%

5Y*

3.55%

10Y*

2.78%

NXST

YTD

-4.00%

1M

-5.98%

6M

-5.35%

1Y

-0.79%

5Y*

7.39%

10Y*

13.96%

*Annualized

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Risk-Adjusted Performance

TGNA vs. NXST — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TGNA
The Risk-Adjusted Performance Rank of TGNA is 6767
Overall Rank
The Sharpe Ratio Rank of TGNA is 7171
Sharpe Ratio Rank
The Sortino Ratio Rank of TGNA is 6565
Sortino Ratio Rank
The Omega Ratio Rank of TGNA is 6161
Omega Ratio Rank
The Calmar Ratio Rank of TGNA is 6565
Calmar Ratio Rank
The Martin Ratio Rank of TGNA is 7272
Martin Ratio Rank

NXST
The Risk-Adjusted Performance Rank of NXST is 2828
Overall Rank
The Sharpe Ratio Rank of NXST is 3232
Sharpe Ratio Rank
The Sortino Ratio Rank of NXST is 2828
Sortino Ratio Rank
The Omega Ratio Rank of NXST is 2828
Omega Ratio Rank
The Calmar Ratio Rank of NXST is 2727
Calmar Ratio Rank
The Martin Ratio Rank of NXST is 2727
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

TGNA vs. NXST - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for TEGNA Inc. (TGNA) 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.


Sharpe ratio
The chart of Sharpe ratio for TGNA, currently valued at 0.75, compared to the broader market-2.000.002.004.000.75-0.25
The chart of Sortino ratio for TGNA, currently valued at 1.31, compared to the broader market-4.00-2.000.002.004.001.31-0.13
The chart of Omega ratio for TGNA, currently valued at 1.15, compared to the broader market0.501.001.502.001.150.98
The chart of Calmar ratio for TGNA, currently valued at 0.45, compared to the broader market0.002.004.006.000.45-0.31
The chart of Martin ratio for TGNA, currently valued at 2.89, compared to the broader market-10.000.0010.0020.0030.002.89-0.81
TGNA
NXST

The current TGNA Sharpe Ratio is 0.75, which is higher than the NXST Sharpe Ratio of -0.25. The chart below compares the historical Sharpe Ratios of TGNA and NXST, 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-0.500.000.501.00SeptemberOctoberNovemberDecember2025February
0.75
-0.25
TGNA
NXST

Dividends

TGNA vs. NXST - Dividend Comparison

TGNA's dividend yield for the trailing twelve months is around 2.70%, less than NXST's 4.46% yield.


TTM20242023202220212020201920182017201620152014
TGNA
TEGNA Inc.
2.70%2.67%2.73%1.79%1.91%2.01%1.68%2.58%2.13%2.62%2.35%2.51%
NXST
Nexstar Media Group, Inc.
3.34%4.28%3.44%2.06%1.85%2.05%1.54%1.91%1.53%1.52%1.29%1.16%

Drawdowns

TGNA vs. NXST - Drawdown Comparison

The maximum TGNA drawdown since its inception was -97.40%, roughly equal to the maximum NXST drawdown of -96.66%. Use the drawdown chart below to compare losses from any high point for TGNA and NXST. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%SeptemberOctoberNovemberDecember2025February
-30.44%
-23.29%
TGNA
NXST

Volatility

TGNA vs. NXST - Volatility Comparison

The current volatility for TEGNA Inc. (TGNA) is 5.49%, while Nexstar Media Group, Inc. (NXST) has a volatility of 6.77%. This indicates that TGNA 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.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%SeptemberOctoberNovemberDecember2025February
5.49%
6.77%
TGNA
NXST

Financials

TGNA vs. NXST - Financials Comparison

This section allows you to compare key financial metrics between TEGNA 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.


Quarterly
Annual

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


Values in USD except per share items
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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.

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