6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2025-03-24), Nexstar Media Group's 6-1 Month Momentum % is -10.12%.
The industry rank for Nexstar Media Group's 6-1 Month Momentum % or its related term are showing as below:
NXST's 6-1 Month Momentum % is ranked worse than 65.14% of 1050
companies
in the Media - Diversified industry
Industry Median: -1.28
vs NXST: -10.12
Competitive Comparison of Nexstar Media Group's 6-1 Month Momentum %
For the Broadcasting subindustry, Nexstar Media Group's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nexstar Media Group's 6-1 Month Momentum % Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Nexstar Media Group's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Nexstar Media Group's 6-1 Month Momentum % falls into.
Nexstar Media Group (NAS:NXST) 6-1 Month Momentum % Calculation
6-1 Month Momentum % is calculated as following:
6-1 Month Momentum %
=
( Price 1-month ago
/
Price 6-month ago
- 1 )
*
100 %
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Nexstar Media Group (NAS:NXST) 6-1 Month Momentum % Explanation
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
Nexstar Media Group 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Nexstar Media Group's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Nexstar is the largest television station owner-operator in the United States with over 200 stations in 116 markets, reaching 220 million people. Of its 200 stations, 155 are affiliated with the four national broadcast networks: CBS, Fox, NBC, and ABC. The 2019 merger with Tribune made Nexstar the top broadcast affiliate for both Fox and CBS as well as the number two partner for NBC and number three for ABC. The firm maintains stations in 13 of the top 20 television markets and reaches 68% of US TV households. Nexstar also owns NewsNation (formerly WGN), a cable news network, 75% of the fifth national broadcaster, the CW, and a 31% stake in Food Network and Cooking Channel.
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