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Investment horizon:

30 Days Login to change

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Nexstar Broadcasting Group Inc vs S&P 500

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Daily Returns (%)

GSPC

NXST

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Timeline

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.

Diversification

Poor diversification

Overlapping area represents amount of risk that can be diversified away by holding Nexstar Broadcasting Group Inc and S&P 500 in the same portfolio assuming nothing else is changed

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Correlation Coefficient

0.63

Parameters

Time Period	1 Month [change]
Direction	Positive
Strength	Significant
Accuracy	100.0%
Values	Daily Returns

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Predicted Return Density

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Returns

GSPC

NXST

Nexstar Broadcasting Group Inc

Alpha

Profile

Nexstar

Performance

14	Out Of 100

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.

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Match-ups for Nexstar

CBS Corporation vs. Nexstar Broadcasting Group Inc

DEN Networks Limited vs. Nexstar Broadcasting Group Inc

Sinclair Broadcast Group Inc vs. Nexstar Broadcasting Group Inc

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S&P 500

Profile

SP 500

Performance

0	Out Of 100

Over 30

Days

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