Correlation
The correlation between ACLX and OLMA 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.
ACLX vs. OLMA
Compare and contrast key facts about Arcellx Inc (ACLX) and Olema Pharmaceuticals, Inc. (OLMA).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ACLX or OLMA.
Performance
ACLX vs. OLMA - Performance Comparison
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Key characteristics
ACLX:
0.47
OLMA:
-0.58
ACLX:
0.93
OLMA:
-0.39
ACLX:
1.12
OLMA:
0.95
ACLX:
0.45
OLMA:
-0.44
ACLX:
0.86
OLMA:
-0.82
ACLX:
26.44%
OLMA:
50.83%
ACLX:
56.65%
OLMA:
78.82%
ACLX:
-62.33%
OLMA:
-96.26%
ACLX:
-40.22%
OLMA:
-90.28%
Fundamentals
ACLX:
$3.41B
OLMA:
$352.37M
ACLX:
-$2.99
OLMA:
-$1.93
ACLX:
44.45
OLMA:
0.00
ACLX:
8.08
OLMA:
0.89
ACLX:
$76.81M
OLMA:
$0.00
ACLX:
$75.57M
OLMA:
-$94.00K
ACLX:
-$162.18M
OLMA:
-$142.36M
Returns By Period
In the year-to-date period, ACLX achieves a -16.96% return, which is significantly lower than OLMA's -9.09% return.
ACLX
-16.96%
-1.59%
-28.51%
26.22%
76.66%
N/A
N/A
OLMA
-9.09%
5.16%
-47.63%
-45.08%
21.57%
N/A
N/A
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Risk-Adjusted Performance
ACLX vs. OLMA — Risk-Adjusted Performance Rank
ACLX
OLMA
ACLX vs. OLMA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Arcellx Inc (ACLX) and Olema Pharmaceuticals, Inc. (OLMA). 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
ACLX vs. OLMA - Dividend Comparison
Neither ACLX nor OLMA has paid dividends to shareholders.
Drawdowns
ACLX vs. OLMA - Drawdown Comparison
The maximum ACLX drawdown since its inception was -62.33%, smaller than the maximum OLMA drawdown of -96.26%. Use the drawdown chart below to compare losses from any high point for ACLX and OLMA.
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Volatility
ACLX vs. OLMA - Volatility Comparison
Arcellx Inc (ACLX) and Olema Pharmaceuticals, Inc. (OLMA) have volatilities of 24.69% and 24.53%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
ACLX vs. OLMA - Financials Comparison
This section allows you to compare key financial metrics between Arcellx Inc and Olema Pharmaceuticals, 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