Asset Comparison and Correlation
|Nexstar Broadcasting Group Inc vs S&P 500|
Given investment horizon of 30 days, Nexstar Broadcasting Group Inc is expected to generate 3.9 times more return on investment than SP 500. However, Nexstar is 3.9 times more volatile than S&P 500. It trades about 0.27 of its potential returns per unit of risk. S&P 500 is currently generating about -0.05 per unit of risk. If you would invest 2,750 in Nexstar Broadcasting Group Inc on May 20, 2013 and sell it today you would earn a total of 586 from holding Nexstar Broadcasting Group Inc or generate 21.31% return on investment over 30 days.
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
Match-ups for SP 500