Asset Comparison and Correlation
|CTC Media Inc vs Nexstar Broadcasting Group Inc|
Given investment horizon of 30 days, CTC Media Inc is expected to under-perform the Nexstar. But the stock apears to be less risky and, when comparing its historical volatility, CTC Media Inc is 1.59 times less risky than Nexstar. The stock trades about -0.03 of its potential returns per unit of risk. The Nexstar Broadcasting Group Inc is currently generating about 0.26 of returns per unit of risk over similar time horizon. If you would invest 2,245 in Nexstar Broadcasting Group Inc on April 23, 2013 and sell it today you would earn a total of 464.00 from holding Nexstar Broadcasting Group Inc or generate 20.67% return on investment over 30 days.
Over the last 30 days CTC Media Inc has generated negative risk-adjusted returns adding no value to investors with long positions.
Match ups for CTC Media
86% of all equities and portfolios perform better than Nexstar Broadcasting Group Inc. Compared with the overall equity markets, risk-adjusted returns on investments in Nexstar Broadcasting Group Inc are ranked lower than 14 (%) of all global equities and portfolios over the last 30 days.
Match ups for Nexstar