Nexstar Broadcasting Group Stock Alpha and Beta Analysis
| NXST Stock | USD 169.12 2.29 1.37% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Nexstar Broadcasting Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Nexstar Broadcasting over a specified time horizon. Remember, high Nexstar Broadcasting's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Nexstar Broadcasting's market risk premium analysis include:
Beta 1.28 | Alpha (0.08) | Risk 2.16 | Sharpe Ratio 0.0081 | Expected Return 0.0175 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Nexstar |
Nexstar Broadcasting Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Nexstar Broadcasting market risk premium is the additional return an investor will receive from holding Nexstar Broadcasting long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Nexstar Broadcasting. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Nexstar Broadcasting's performance over market.| α | -0.08 | β | 1.28 |
Nexstar Broadcasting expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Nexstar Broadcasting's Buy-and-hold return. Our buy-and-hold chart shows how Nexstar Broadcasting performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Nexstar Broadcasting Market Price Analysis
Market price analysis 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 understating and applying Nexstar Broadcasting stock market price indicators, traders can identify Nexstar Broadcasting position entry and exit signals to maximize returns.
Nexstar Broadcasting Return and Market Media
The median price of Nexstar Broadcasting for the period between Fri, Aug 23, 2024 and Thu, Nov 21, 2024 is 165.89 with a coefficient of variation of 3.02. The daily time series for the period is distributed with a sample standard deviation of 5.03, arithmetic mean of 166.65, and mean deviation of 3.66. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 1000 shares by Mcmillen Charles Thomas of Nexstar Broadcasting at 160.0 subject to Rule 16b-3 | 09/10/2024 |
2 | Acquisition by Mcmillen Charles Thomas of 2500 shares of Nexstar Broadcasting at 52.54 subject to Rule 16b-3 | 09/20/2024 |
3 | Disposition of 1000 shares by Blake Russell of Nexstar Broadcasting subject to Rule 16b-3 | 09/24/2024 |
4 | Insider Trading | 10/02/2024 |
5 | Nexstar Media Group to Expand Presence in Cleveland With Acquisition of WBNX-TVTV55 | 10/28/2024 |
6 | Does Nexstar Media Group, Inc. Create Value For Shareholders | 11/04/2024 |
7 | Critics Choice Celebration Of Black Cinema TV Awards Honorees Set | 11/07/2024 |
8 | Nexstar Media Group Inc Shares Up 3.45 percent on Nov 11 | 11/11/2024 |
9 | The CW Undergoes Layoffs With Scripted PR Hit Hard | 11/12/2024 |
10 | Nexstar appoints Bill Sammon as SVP of DC editorial content for The Hill, NewsNation | 11/13/2024 |
11 | Aircraft lands and passengers are baffled by massive dent | 11/14/2024 |
12 | Nexstar CEO Calls Brendan Carr an Outstanding Choice for FCC Chairman as Company Seeks Deregulation | 11/18/2024 |
About Nexstar Broadcasting Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Nexstar or other stocks. Alpha measures the amount that position in Nexstar Broadcasting has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2023 | 2024 (projected) | Dividend Yield | 0.0186 | 0.0345 | 0.0268 | Price To Sales Ratio | 1.37 | 1.12 | 0.93 |
Nexstar Broadcasting Upcoming Company Events
As portrayed in its financial statements, the presentation of Nexstar Broadcasting's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Nexstar Broadcasting's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Nexstar Broadcasting's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Nexstar Broadcasting. Please utilize our Beneish M Score to check the likelihood of Nexstar Broadcasting's management manipulating its earnings.
| 28th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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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.