Correlation
The correlation between ACET and BEAM is 0.31, 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.
ACET vs. BEAM
Compare and contrast key facts about Adicet Bio, Inc. (ACET) and Beam Therapeutics Inc. (BEAM).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ACET or BEAM.
Performance
ACET vs. BEAM - Performance Comparison
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Key characteristics
ACET:
-0.58
BEAM:
-0.47
ACET:
-0.68
BEAM:
-0.30
ACET:
0.93
BEAM:
0.97
ACET:
-0.54
BEAM:
-0.39
ACET:
-1.44
BEAM:
-1.24
ACET:
37.58%
BEAM:
27.94%
ACET:
89.02%
BEAM:
73.63%
ACET:
-99.69%
BEAM:
-89.12%
ACET:
-99.51%
BEAM:
-88.15%
Fundamentals
ACET:
$59.55M
BEAM:
$1.64B
ACET:
-$1.42
BEAM:
-$4.61
ACET:
9.72
BEAM:
25.81
ACET:
0.37
BEAM:
1.46
ACET:
$0.00
BEAM:
$63.58M
ACET:
-$1.60M
BEAM:
$47.08M
ACET:
-$114.17M
BEAM:
-$399.03M
Returns By Period
In the year-to-date period, ACET achieves a -25.33% return, which is significantly higher than BEAM's -36.17% return.
ACET
-25.33%
8.49%
-36.43%
-51.47%
-60.68%
-45.68%
N/A
BEAM
-36.17%
-20.57%
-42.16%
-34.29%
-23.37%
-9.13%
N/A
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Risk-Adjusted Performance
ACET vs. BEAM — Risk-Adjusted Performance Rank
ACET
BEAM
ACET vs. BEAM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Adicet Bio, Inc. (ACET) and Beam Therapeutics Inc. (BEAM). 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.
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Dividends
ACET vs. BEAM - Dividend Comparison
Neither ACET nor BEAM has paid dividends to shareholders.
Drawdowns
ACET vs. BEAM - Drawdown Comparison
The maximum ACET drawdown since its inception was -99.69%, which is greater than BEAM's maximum drawdown of -89.12%. Use the drawdown chart below to compare losses from any high point for ACET and BEAM.
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Volatility
ACET vs. BEAM - Volatility Comparison
Adicet Bio, Inc. (ACET) has a higher volatility of 48.78% compared to Beam Therapeutics Inc. (BEAM) at 24.72%. This indicates that ACET's price experiences larger fluctuations and is considered to be riskier than BEAM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
ACET vs. BEAM - Financials Comparison
This section allows you to compare key financial metrics between Adicet Bio, Inc. and Beam Therapeutics 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.
Total Revenue: Total amount of money received from sales and other business activities