Nexstar Broadcasting Market Risk Adjusted Performance

NXST Stock  USD 186.80  2.27  1.23%   
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Nexstar Broadcasting Group has current Market Risk Adjusted Performance of 0.2323.

MRAP

 = 

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

X

ER[a] - RFR)

 = 
0.2323
ER[a] = Expected return on investing in Nexstar Broadcasting
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

Nexstar Broadcasting Market Risk Adjusted Performance Peers Comparison

Nexstar Market Risk Adjusted Performance Relative To Other Indicators

Nexstar Broadcasting Group is considered to be number one stock in market risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  36.49  of Maximum Drawdown per Market Risk Adjusted Performance. The ratio of Maximum Drawdown to Market Risk Adjusted Performance for Nexstar Broadcasting Group is roughly  36.49 
Compare Nexstar Broadcasting to Peers

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