AIR vs. CNXC
AIR (AAR Corp.) and CNXC (Concentrix Corporation) are both stocks. AIR operates in Aerospace & Defense (Industrials), while CNXC operates in Information Technology Services (Technology). Over the past 5 years, AIR returned 23.30%/yr vs -27.31%/yr for CNXC. At a 0.30 correlation, their price movements are largely independent.
Performance
AIR vs. CNXC - Performance Comparison
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Returns By Period
In the year-to-date period, AIR achieves a 38.57% return, which is significantly higher than CNXC's -32.63% return.
AIR
- 1D
- -1.65%
- 1M
- -2.60%
- YTD
- 38.57%
- 6M
- 41.40%
- 1Y
- 71.53%
- 3Y*
- 27.63%
- 5Y*
- 23.30%
- 10Y*
- 17.24%
CNXC
- 1D
- -1.58%
- 1M
- 12.81%
- YTD
- -32.63%
- 6M
- -26.68%
- 1Y
- -49.86%
- 3Y*
- -29.25%
- 5Y*
- -27.31%
- 10Y*
- —
AIR vs. CNXC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
AIR AAR Corp. | 38.57% | 35.10% | -1.79% | 38.98% | 15.04% | 7.76% | 21.42% |
CNXC Concentrix Corporation | -32.63% | -1.39% | -55.03% | -25.36% | -24.91% | 81.22% | 23.37% |
Correlation
The correlation between AIR and CNXC is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Nov 25, 2020 | 0.30 |
Over the past year, the correlation between AIR and CNXC has dropped to 0.10 - well below their long-term average of 0.30, suggesting their price drivers have been diverging.
Fundamentals
AIR:
$4.36B
CNXC:
$1.68B
AIR:
$4.63
CNXC:
-$21.33
AIR:
1.35
CNXC:
0.17
AIR:
2.65
CNXC:
0.60
AIR:
$3.13B
CNXC:
$9.95B
AIR:
$595.50M
CNXC:
$3.27B
AIR:
$214.30M
CNXC:
-$944.68M
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Return for Risk
AIR vs. CNXC — Risk / Return Rank
AIR
CNXC
AIR vs. CNXC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AAR Corp. (AIR) and Concentrix Corporation (CNXC). 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.
| AIR | CNXC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.59 | ||
| Sortino ratioReturn per unit of downside risk | +3.54 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 0.87 | +0.44 |
| Calmar ratioReturn relative to maximum drawdown | 3.61 | -0.81 | +4.42 |
| Martin ratioReturn relative to average drawdown | 8.54 | -1.34 | +9.87 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AIR | CNXC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.78 | -0.82 | +2.59 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.66 | -0.57 | +1.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.38 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | -0.33 | +0.49 |
Drawdowns
AIR vs. CNXC - Drawdown Comparison
The maximum AIR drawdown since its inception was -89.04%, roughly equal to the maximum CNXC drawdown of -87.86%. Use the drawdown chart below to compare losses from any high point for AIR and CNXC.
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Drawdown Indicators
| AIR | CNXC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.04% | -87.86% | -1.18% |
Max Drawdown (1Y)Largest decline over 1 year | -19.92% | -61.71% | +41.79% |
Max Drawdown (3Y)Largest decline over 3 years | -35.72% | -76.50% | +40.78% |
Max Drawdown (5Y)Largest decline over 5 years | -35.72% | -87.86% | +52.14% |
Max Drawdown (10Y)Largest decline over 10 years | -81.77% | — | — |
Current DrawdownCurrent decline from peak | -8.95% | -85.48% | +76.53% |
Average DrawdownAverage peak-to-trough decline | -34.70% | -47.65% | +12.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.40% | 37.32% | -28.92% |
Volatility
AIR vs. CNXC - Volatility Comparison
The current volatility for AAR Corp. (AIR) is 12.70%, while Concentrix Corporation (CNXC) has a volatility of 15.12%. This indicates that AIR experiences smaller price fluctuations and is considered to be less risky than CNXC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AIR | CNXC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.70% | 15.12% | -2.42% |
Volatility (6M)Calculated over the trailing 6-month period | 31.17% | 51.98% | -20.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.51% | 61.40% | -20.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.32% | 48.26% | -12.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.27% | 49.78% | -4.51% |
Dividends
AIR vs. CNXC - Dividend Comparison
AIR has not paid dividends to shareholders, while CNXC's dividend yield for the trailing twelve months is around 5.16%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AIR AAR Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.41% | 0.67% | 0.80% | 0.76% | 0.91% | 1.14% |
CNXC Concentrix Corporation | 5.16% | 3.27% | 2.87% | 1.15% | 0.77% | 0.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
AIR vs. CNXC - Financials Comparison
This section allows you to compare key financial metrics between AAR Corp. and Concentrix 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.
Total Revenue: Total amount of money received from sales and other business activities
AIR vs. CNXC - Profitability Comparison
AIR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, AAR Corp. reported a gross profit of 154.70M and revenue of 845.10M. Therefore, the gross margin over that period was 18.3%.
CNXC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Concentrix Corporation reported a gross profit of 849.66M and revenue of 2.50B. Therefore, the gross margin over that period was 34.0%.
AIR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AAR Corp. reported an operating income of 64.80M and revenue of 845.10M, resulting in an operating margin of 7.7%.
CNXC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Concentrix Corporation reported an operating income of 118.56M and revenue of 2.50B, resulting in an operating margin of 4.7%.
AIR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AAR Corp. reported a net income of 68.00M and revenue of 845.10M, resulting in a net margin of 8.1%.
CNXC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Concentrix Corporation reported a net income of 21.59M and revenue of 2.50B, resulting in a net margin of 0.9%.
Frequently Asked Questions
AIR and CNXC have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CNXC has higher volatility (15.12%) compared to AIR (12.70%). In terms of maximum drawdown, AIR dropped -89.04% vs CNXC's -87.86%.
AIR currently has the higher Sharpe Ratio (1.78 vs -0.82), 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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