Correlation
The correlation between ADMA and ^NIFTY500 is 0.22, 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.
ADMA vs. ^NIFTY500
Compare and contrast key facts about ADMA Biologics, Inc. (ADMA) and Nifty 500 (^NIFTY500).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ADMA or ^NIFTY500.
Performance
ADMA vs. ^NIFTY500 - Performance Comparison
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Key characteristics
ADMA:
1.64
^NIFTY500:
0.49
ADMA:
2.49
^NIFTY500:
1.20
ADMA:
1.32
^NIFTY500:
1.16
ADMA:
3.42
^NIFTY500:
0.65
ADMA:
6.90
^NIFTY500:
1.38
ADMA:
15.74%
^NIFTY500:
8.83%
ADMA:
67.19%
^NIFTY500:
16.94%
ADMA:
-91.28%
^NIFTY500:
-68.02%
ADMA:
-19.05%
^NIFTY500:
-6.92%
Returns By Period
In the year-to-date period, ADMA achieves a 15.69% return, which is significantly higher than ^NIFTY500's 1.91% return. Over the past 10 years, ADMA has underperformed ^NIFTY500 with an annualized return of 8.63%, while ^NIFTY500 has yielded a comparatively higher 12.86% annualized return.
ADMA
15.69%
-16.64%
-1.34%
109.28%
113.11%
43.24%
8.63%
^NIFTY500
1.91%
3.50%
0.51%
8.38%
17.32%
23.86%
12.86%
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Risk-Adjusted Performance
ADMA vs. ^NIFTY500 — Risk-Adjusted Performance Rank
ADMA
^NIFTY500
ADMA vs. ^NIFTY500 - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ADMA Biologics, Inc. (ADMA) and Nifty 500 (^NIFTY500). 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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Drawdowns
ADMA vs. ^NIFTY500 - Drawdown Comparison
The maximum ADMA drawdown since its inception was -91.28%, which is greater than ^NIFTY500's maximum drawdown of -68.02%. Use the drawdown chart below to compare losses from any high point for ADMA and ^NIFTY500.
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Volatility
ADMA vs. ^NIFTY500 - Volatility Comparison
ADMA Biologics, Inc. (ADMA) has a higher volatility of 14.61% compared to Nifty 500 (^NIFTY500) at 5.02%. This indicates that ADMA's price experiences larger fluctuations and is considered to be riskier than ^NIFTY500 based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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