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ADVM vs. LEGN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between ADVM and LEGN is 0.25, 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.


Performance

ADVM vs. LEGN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Adverum Biotechnologies, Inc. (ADVM) and Legend Biotech Corporation (LEGN). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

ADVM:

-0.95

LEGN:

-0.65

Sortino Ratio

ADVM:

-1.62

LEGN:

-0.63

Omega Ratio

ADVM:

0.81

LEGN:

0.93

Calmar Ratio

ADVM:

-0.71

LEGN:

-0.48

Martin Ratio

ADVM:

-1.65

LEGN:

-0.94

Ulcer Index

ADVM:

43.04%

LEGN:

32.43%

Daily Std Dev

ADVM:

75.46%

LEGN:

51.22%

Max Drawdown

ADVM:

-99.66%

LEGN:

-63.80%

Current Drawdown

ADVM:

-99.63%

LEGN:

-62.16%

Fundamentals

Market Cap

ADVM:

$46.38M

LEGN:

$5.33B

EPS

ADVM:

-$7.22

LEGN:

-$1.18

PS Ratio

ADVM:

46.38

LEGN:

7.32

PB Ratio

ADVM:

1.75

LEGN:

5.24

Total Revenue (TTM)

ADVM:

-$2.60M

LEGN:

$728.30M

Gross Profit (TTM)

ADVM:

-$11.49M

LEGN:

$477.12M

EBITDA (TTM)

ADVM:

-$83.89M

LEGN:

-$153.44M

Returns By Period

In the year-to-date period, ADVM achieves a -52.46% return, which is significantly lower than LEGN's -11.03% return.


ADVM

YTD

-52.46%

1M

-33.33%

6M

-66.57%

1Y

-71.97%

3Y*

-37.22%

5Y*

-59.60%

10Y*

-40.13%

LEGN

YTD

-11.03%

1M

-14.75%

6M

-31.19%

1Y

-27.64%

3Y*

-11.87%

5Y*

N/A

10Y*

N/A

*Annualized

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Adverum Biotechnologies, Inc.

Legend Biotech Corporation

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

ADVM vs. LEGN — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ADVM
The Risk-Adjusted Performance Rank of ADVM is 55
Overall Rank
The Sharpe Ratio Rank of ADVM is 44
Sharpe Ratio Rank
The Sortino Ratio Rank of ADVM is 44
Sortino Ratio Rank
The Omega Ratio Rank of ADVM is 66
Omega Ratio Rank
The Calmar Ratio Rank of ADVM is 88
Calmar Ratio Rank
The Martin Ratio Rank of ADVM is 33
Martin Ratio Rank

LEGN
The Risk-Adjusted Performance Rank of LEGN is 2121
Overall Rank
The Sharpe Ratio Rank of LEGN is 1515
Sharpe Ratio Rank
The Sortino Ratio Rank of LEGN is 1919
Sortino Ratio Rank
The Omega Ratio Rank of LEGN is 2020
Omega Ratio Rank
The Calmar Ratio Rank of LEGN is 2020
Calmar Ratio Rank
The Martin Ratio Rank of LEGN is 2828
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

ADVM vs. LEGN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Adverum Biotechnologies, Inc. (ADVM) and Legend Biotech Corporation (LEGN). 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.


The current ADVM Sharpe Ratio is -0.95, which is lower than the LEGN Sharpe Ratio of -0.65. The chart below compares the historical Sharpe Ratios of ADVM and LEGN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

ADVM vs. LEGN - Dividend Comparison

Neither ADVM nor LEGN has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

ADVM vs. LEGN - Drawdown Comparison

The maximum ADVM drawdown since its inception was -99.66%, which is greater than LEGN's maximum drawdown of -63.80%. Use the drawdown chart below to compare losses from any high point for ADVM and LEGN.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

ADVM vs. LEGN - Volatility Comparison

Adverum Biotechnologies, Inc. (ADVM) has a higher volatility of 32.87% compared to Legend Biotech Corporation (LEGN) at 16.80%. This indicates that ADVM's price experiences larger fluctuations and is considered to be riskier than LEGN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

ADVM vs. LEGN - Financials Comparison

This section allows you to compare key financial metrics between Adverum Biotechnologies, Inc. and Legend Biotech Corporation. 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


0.0050.00M100.00M150.00M200.00M20212022202320242025
-3.60M
195.05M
(ADVM) Total Revenue
(LEGN) Total Revenue
Values in USD except per share items