Nexstar Media (Germany) Price on October 15, 2024
| NXZ Stock | EUR 149.75 2.30 1.51% |
If you're considering investing in Nexstar Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nexstar Media stands at 149.75, as last reported on the 22nd of December, with the highest price reaching 149.75 and the lowest price hitting 149.75 during the day. At this point, Nexstar Media is very steady. Nexstar Media Group has Sharpe Ratio of 0.0252, which conveys that the firm had a 0.0252% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Nexstar Media, which you can use to evaluate the volatility of the firm. Please verify Nexstar Media's Downside Deviation of 1.67, mean deviation of 1.24, and Risk Adjusted Performance of 0.0244 to check out if the risk estimate we provide is consistent with the expected return of 0.0433%.
Nexstar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nexstar |
Sharpe Ratio = 0.0252
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| Negative Returns | NXZ |
Estimated Market Risk
| 1.72 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 1 99% of assets perform better |
Based on monthly moving average Nexstar Media is performing at about 1% of its full potential. 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 Media by adding it to a well-diversified portfolio.
Nexstar Media Valuation on October 15, 2024
It is possible to determine the worth of Nexstar Media on a given historical date. On October 15, 2024 Nexstar was worth 151.83 at the beginning of the trading date compared to the closed value of 154.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nexstar Media stock. Still, in general, we apply an absolute valuation method to find Nexstar Media'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 Media where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nexstar Media's related companies.
| Open | High | Low | Close | Volume | |
| 152.87 | 152.87 | 152.87 | 152.87 | 1.00 | |
10/15/2024 | 151.83 | 154.01 | 151.83 | 154.01 | 20.00 |
| 151.14 | 151.14 | 151.14 | 151.14 | 1.00 |
| Backtest Nexstar Media | | | Nexstar Media History | | | Nexstar Media Valuation | Previous | Next |
Nexstar Media Trading Date Momentum on October 15, 2024
| On October 16 2024 Nexstar Media Group was traded for 151.14 at the closing time. The highest daily price throughout the period was 151.14 and the lowest price was 151.14 . There was no trading activity during the period 1.0. Lack of trading volume on 10/16/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.86% . The trading delta at closing time to current closing price is 0.19% . |
Nexstar Media Group Fundamentals Correlations and Trends
By evaluating Nexstar Media'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 Media'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 Media Stock history
Nexstar Media 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 Media Group 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 Media stock prices may prove useful in developing a viable investing in Nexstar Media
Nexstar Media Group, Inc. operates as a television broadcasting and digital media company in the United States. Nexstar Media Group, Inc. was founded in 1996 and is headquartered in Irving, Texas. NEXSTAR MEDIA operates under Broadcasting - TV classification in Germany and is traded on Frankfurt Stock Exchange. It employs 8249 people.
Nexstar Media Stock Technical Analysis
Nexstar Media 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 Media Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Nexstar Media Group cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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 Media December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Nexstar Media 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 Media shares will generate the highest return on investment. By undertsting and applying Nexstar Media stock market strength indicators, traders can identify Nexstar Media Group entry and exit signals to maximize returns
Nexstar Media Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nexstar Media'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 | 0.0244 | |||
| Jensen Alpha | 0.0122 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0054 | |||
| Treynor Ratio | 0.0364 |
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Complementary Tools for Nexstar Stock analysis
When running Nexstar Media's price analysis, check to measure Nexstar Media'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 Media is operating at the current time. Most of Nexstar Media's value examination focuses on studying past and present price action to predict the probability of Nexstar Media'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 Media's price. Additionally, you may evaluate how the addition of Nexstar Media to your portfolios can decrease your overall portfolio volatility.
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