Nexstar Broadcasting Group Stock Price on October 31, 2024
| NXST Stock | USD 169.12 2.29 1.37% |
Below is the normalized historical share price chart for Nexstar Broadcasting Group extending back to November 24, 2003. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Nexstar Broadcasting stands at 169.12, as last reported on the 22nd of November, with the highest price reaching 169.31 and the lowest price hitting 164.95 during the day.
If you're considering investing in Nexstar Stock, it is important to understand the factors that can impact its price. Currently, Nexstar Broadcasting Group is very steady. Nexstar Broadcasting has Sharpe Ratio of 0.0122, which conveys that the firm had a 0.0122% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Nexstar Broadcasting, which you can use to evaluate the volatility of the firm. Please verify Nexstar Broadcasting's Downside Deviation of 2.39, mean deviation of 1.33, and Risk Adjusted Performance of 0.0204 to check out if the risk estimate we provide is consistent with the expected return of 0.0266%.
At this time, Nexstar Broadcasting's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Total Stockholder Equity is likely to gain to about 2.4 B in 2024, whereas Common Stock is likely to drop slightly above 427.5 K in 2024. . Price Earnings Ratio is likely to gain to 16.80 in 2024, whereas Price To Sales Ratio is likely to drop 0.93 in 2024. Nexstar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 24th of November 2003 | 200 Day MA 166.5302 | 50 Day MA 168.758 | Beta 1.477 |
Nexstar |
Sharpe Ratio = 0.0122
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| Negative Returns | NXST |
Estimated Market Risk
| 2.18 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nexstar Broadcasting is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nexstar Broadcasting by adding Nexstar Broadcasting to a well-diversified portfolio.
Price Book 2.3323 | Enterprise Value Ebitda 5.8039 | Price Sales 0.9907 | Shares Float 29 M | Dividend Share 6.42 |
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Nexstar Broadcasting Valuation on October 31, 2024
It is possible to determine the worth of Nexstar Broadcasting on a given historical date. On October 31, 2024 Nexstar was worth 176.78 at the beginning of the trading date compared to the closed value of 174.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nexstar Broadcasting stock. Still, in general, we apply an absolute valuation method to find Nexstar Broadcasting's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Nexstar Broadcasting where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nexstar Broadcasting's related companies.
| Open | High | Low | Close | Volume | |
| 174.60 | 180.64 | 174.60 | 176.60 | 298,763 | |
10/31/2024 | 176.78 | 179.27 | 173.85 | 174.13 | 256,657 |
| 174.15 | 176.95 | 169.71 | 175.28 | 353,401 |
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Nexstar Broadcasting Trading Date Momentum on October 31, 2024
| On November 01 2024 Nexstar Broadcasting Group was traded for 175.28 at the closing time. The top price for the day was 176.95 and the lowest listed price was 169.71 . The trading volume for the day was 353.4 K. The trading history from November 1, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 0.66% . The trading delta at closing time against the current closing price is 5.07% . |
Nexstar Broadcasting Fundamentals Correlations and Trends
By evaluating Nexstar Broadcasting's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nexstar Broadcasting's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nexstar financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nexstar Broadcasting Stock history
Nexstar Broadcasting investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Nexstar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nexstar Broadcasting will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Nexstar Broadcasting stock prices may prove useful in developing a viable investing in Nexstar Broadcasting
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 35.8 M | 32.9 M | |
| Net Income Applicable To Common Shares | 1.1 B | 1.2 B |
Nexstar Broadcasting Quarterly Net Working Capital |
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Nexstar Broadcasting Stock Technical Analysis
Nexstar Broadcasting technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Nexstar Broadcasting Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Nexstar Broadcasting Group cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Nexstar Broadcasting November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Nexstar Broadcasting stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nexstar Broadcasting shares will generate the highest return on investment. By undertsting and applying Nexstar Broadcasting stock market strength indicators, traders can identify Nexstar Broadcasting Group entry and exit signals to maximize returns
Nexstar Broadcasting Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nexstar Broadcasting's price direction in advance. Along with the technical and fundamental analysis of Nexstar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nexstar to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0204 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0234 |
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Additional Tools for Nexstar Stock Analysis
When running Nexstar Broadcasting's price analysis, check to measure Nexstar Broadcasting's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nexstar Broadcasting is operating at the current time. Most of Nexstar Broadcasting's value examination focuses on studying past and present price action to predict the probability of Nexstar Broadcasting's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexstar Broadcasting's price. Additionally, you may evaluate how the addition of Nexstar Broadcasting to your portfolios can decrease your overall portfolio volatility.