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AAP vs. WM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between AAP and WM is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.3

Performance

AAP vs. WM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Advance Auto Parts, Inc. (AAP) and Waste Management, Inc. (WM). The values are adjusted to include any dividend payments, if applicable.

-40.00%-30.00%-20.00%-10.00%0.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
-32.63%
-2.43%
AAP
WM

Key characteristics

Sharpe Ratio

AAP:

-0.56

WM:

1.05

Sortino Ratio

AAP:

-0.54

WM:

1.45

Omega Ratio

AAP:

0.93

WM:

1.23

Calmar Ratio

AAP:

-0.30

WM:

1.58

Martin Ratio

AAP:

-0.76

WM:

4.29

Ulcer Index

AAP:

33.68%

WM:

4.38%

Daily Std Dev

AAP:

45.58%

WM:

17.96%

Max Drawdown

AAP:

-84.09%

WM:

-77.85%

Current Drawdown

AAP:

-80.60%

WM:

-9.60%

Fundamentals

Market Cap

AAP:

$2.66B

WM:

$83.89B

EPS

AAP:

$0.79

WM:

$6.54

PE Ratio

AAP:

56.28

WM:

31.96

PEG Ratio

AAP:

0.59

WM:

2.23

Total Revenue (TTM)

AAP:

$10.70B

WM:

$21.39B

Gross Profit (TTM)

AAP:

$4.40B

WM:

$7.35B

EBITDA (TTM)

AAP:

$408.40M

WM:

$6.19B

Returns By Period

In the year-to-date period, AAP achieves a -27.39% return, which is significantly lower than WM's 16.57% return. Over the past 10 years, AAP has underperformed WM with an annualized return of -11.36%, while WM has yielded a comparatively higher 17.31% annualized return.


AAP

YTD

-27.39%

1M

12.66%

6M

-33.10%

1Y

-26.98%

5Y*

-21.25%

10Y*

-11.36%

WM

YTD

16.57%

1M

-6.77%

6M

-0.82%

1Y

17.99%

5Y*

14.68%

10Y*

17.31%

Compare stocks, funds, or ETFs

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Risk-Adjusted Performance

AAP vs. WM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Advance Auto Parts, Inc. (AAP) and Waste Management, Inc. (WM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for AAP, currently valued at -0.56, compared to the broader market-4.00-2.000.002.00-0.561.05
The chart of Sortino ratio for AAP, currently valued at -0.54, compared to the broader market-4.00-2.000.002.004.00-0.541.45
The chart of Omega ratio for AAP, currently valued at 0.93, compared to the broader market0.501.001.502.000.931.23
The chart of Calmar ratio for AAP, currently valued at -0.30, compared to the broader market0.002.004.006.00-0.301.58
The chart of Martin ratio for AAP, currently valued at -0.76, compared to the broader market-5.000.005.0010.0015.0020.0025.00-0.764.29
AAP
WM

The current AAP Sharpe Ratio is -0.56, which is lower than the WM Sharpe Ratio of 1.05. The chart below compares the historical Sharpe Ratios of AAP and WM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
-0.56
1.05
AAP
WM

Dividends

AAP vs. WM - Dividend Comparison

AAP's dividend yield for the trailing twelve months is around 2.30%, more than WM's 1.46% yield.


TTM20232022202120202019201820172016201520142013
AAP
Advance Auto Parts, Inc.
2.30%3.28%4.08%1.35%0.63%0.15%0.15%0.24%0.14%0.16%0.15%0.22%
WM
Waste Management, Inc.
1.46%1.56%1.66%1.38%1.85%1.80%2.09%1.97%2.31%2.89%2.92%3.25%

Drawdowns

AAP vs. WM - Drawdown Comparison

The maximum AAP drawdown since its inception was -84.09%, which is greater than WM's maximum drawdown of -77.85%. Use the drawdown chart below to compare losses from any high point for AAP and WM. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-80.60%
-9.60%
AAP
WM

Volatility

AAP vs. WM - Volatility Comparison

Advance Auto Parts, Inc. (AAP) has a higher volatility of 15.45% compared to Waste Management, Inc. (WM) at 4.13%. This indicates that AAP's price experiences larger fluctuations and is considered to be riskier than WM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
15.45%
4.13%
AAP
WM

Financials

AAP vs. WM - Financials Comparison

This section allows you to compare key financial metrics between Advance Auto Parts, Inc. and Waste Management, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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