AGX vs. MOD
AGX (Argan, Inc.) and MOD (Modine Manufacturing Company) are both stocks. AGX operates in Engineering & Construction (Industrials), while MOD operates in Auto Parts (Consumer Cyclical). Over the past 10 years, AGX returned 38.19%/yr vs 40.57%/yr for MOD. At a 0.23 correlation, their price movements are largely independent.
Performance
AGX vs. MOD - Performance Comparison
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Returns By Period
In the year-to-date period, AGX achieves a 144.81% return, which is significantly higher than MOD's 91.74% return. Over the past 10 years, AGX has underperformed MOD with an annualized return of 38.19%, while MOD has yielded a comparatively higher 40.57% annualized return.
AGX
- 1D
- 1.65%
- 1M
- 12.99%
- YTD
- 144.81%
- 6M
- 135.91%
- 1Y
- 250.36%
- 3Y*
- 171.31%
- 5Y*
- 77.36%
- 10Y*
- 38.19%
MOD
- 1D
- -9.76%
- 1M
- -8.22%
- YTD
- 91.74%
- 6M
- 85.97%
- 1Y
- 152.61%
- 3Y*
- 100.06%
- 5Y*
- 73.29%
- 10Y*
- 40.57%
AGX vs. MOD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AGX Argan, Inc. | 144.81% | 130.61% | 198.31% | 30.24% | -2.01% | -11.64% | 19.15% | 8.62% | -14.32% | -34.26% |
MOD Modine Manufacturing Company | 91.74% | 15.16% | 94.19% | 200.60% | 96.83% | -19.67% | 63.12% | -28.77% | -46.49% | 35.57% |
Correlation
The correlation between AGX and MOD is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Aug 18, 1995 | 0.23 |
The correlation between AGX and MOD shifts across timeframes, from 0.23 (all time) to 0.41 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
AGX:
$10.87B
MOD:
$13.82B
AGX:
$11.38
MOD:
$4.66
AGX:
67.23
MOD:
54.92
AGX:
1.22
MOD:
3.54
AGX:
10.41
MOD:
4.31
AGX:
22.95
MOD:
11.49
AGX:
$1.04B
MOD:
$3.18B
AGX:
$217.93M
MOD:
$731.10M
AGX:
$163.99M
MOD:
$276.90M
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Return for Risk
AGX vs. MOD — Risk / Return Rank
AGX
MOD
AGX vs. MOD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Argan, Inc. (AGX) and Modine Manufacturing Company (MOD). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AGX | MOD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.21 | ||
| Sortino ratioReturn per unit of downside risk | +1.03 | ||
| Omega ratioGain probability vs. loss probability | 1.48 | 1.35 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 10.37 | 5.54 | +4.83 |
| Martin ratioReturn relative to average drawdown | 29.46 | 15.57 | +13.89 |
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Drawdowns
AGX vs. MOD - Drawdown Comparison
The maximum AGX drawdown since its inception was -94.37%, roughly equal to the maximum MOD drawdown of -97.53%. Use the drawdown chart below to compare losses from any high point for AGX and MOD.
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Drawdown Indicators
| AGX | MOD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.37% | -97.53% | +3.16% |
Max Drawdown (1Y)Largest decline over 1 year | -24.96% | -27.55% | +2.59% |
Max Drawdown (3Y)Largest decline over 3 years | -43.75% | -51.61% | +7.86% |
Max Drawdown (5Y)Largest decline over 5 years | -43.75% | -56.14% | +12.39% |
Max Drawdown (10Y)Largest decline over 10 years | -54.61% | -88.13% | +33.52% |
Current DrawdownCurrent decline from peak | -3.11% | -16.59% | +13.48% |
Average DrawdownAverage peak-to-trough decline | -48.28% | -37.63% | -10.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.77% | 9.78% | -1.01% |
Volatility
AGX vs. MOD - Volatility Comparison
Argan, Inc. (AGX) and Modine Manufacturing Company (MOD) have volatilities of 20.26% and 20.88%, 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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Volatility by Period
| AGX | MOD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.26% | 20.88% | -0.62% |
Volatility (6M)Calculated over the trailing 6-month period | 54.72% | 50.92% | +3.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 74.81% | 67.89% | +6.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.27% | 60.61% | -9.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.03% | 58.85% | -12.82% |
Dividends
AGX vs. MOD - Dividend Comparison
AGX's dividend yield for the trailing twelve months is around 0.24%, while MOD has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGX Argan, Inc. | 0.24% | 0.52% | 0.93% | 2.24% | 2.71% | 1.94% | 7.31% | 2.49% | 1.98% | 4.44% | 1.42% | 2.16% |
MOD Modine Manufacturing Company | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
AGX vs. MOD - Financials Comparison
This section allows you to compare key financial metrics between Argan, Inc. and Modine Manufacturing Company. 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
AGX vs. MOD - Profitability Comparison
AGX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Argan, Inc. reported a gross profit of 61.11M and revenue of 290.95M. Therefore, the gross margin over that period was 21.0%.
MOD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Modine Manufacturing Company reported a gross profit of 214.70M and revenue of 954.40M. Therefore, the gross margin over that period was 22.5%.
AGX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Argan, Inc. reported an operating income of 45.40M and revenue of 290.95M, resulting in an operating margin of 15.6%.
MOD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Modine Manufacturing Company reported an operating income of 96.40M and revenue of 954.40M, resulting in an operating margin of 10.1%.
AGX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Argan, Inc. reported a net income of 46.06M and revenue of 290.95M, resulting in a net margin of 15.8%.
MOD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Modine Manufacturing Company reported a net income of 201.50M and revenue of 954.40M, resulting in a net margin of 21.1%.
Frequently Asked Questions
AGX and MOD have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MOD has higher volatility (20.88%) compared to AGX (20.26%). In terms of maximum drawdown, AGX dropped -94.37% vs MOD's -97.53%.
AGX currently has the higher Sharpe Ratio (3.46 vs 2.25), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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