Nexstar Media Market Risk Adjusted Performance

NXZ Stock  EUR 149.75  2.30  1.51%   
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Nexstar Media Group has current Market Risk Adjusted Performance of 0.0464.

MRAP

 = 

ER[a] + (1/BETA - 1)

X

ER[a] - RFR)

 = 
0.0464
ER[a] = Expected return on investing in Nexstar Media
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

Nexstar Media Market Risk Adjusted Performance Peers Comparison

Nexstar Market Risk Adjusted Performance Relative To Other Indicators

Nexstar Media Group is rated below average in market risk adjusted performance category among its peers. It is rated below average in maximum drawdown category among its peers reporting about  234.71  of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Nexstar Media Group is roughly  234.71 
Compare Nexstar Media to Peers

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