ALC.TO vs. WJX.TO
Compare and contrast key facts about Algoma Central Corporation (ALC.TO) and Wajax Corporation (WJX.TO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALC.TO or WJX.TO.
Correlation
The correlation between ALC.TO and WJX.TO is 0.17, 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
ALC.TO vs. WJX.TO - Performance Comparison
Key characteristics
ALC.TO:
0.20
WJX.TO:
-0.77
ALC.TO:
0.41
WJX.TO:
-0.83
ALC.TO:
1.05
WJX.TO:
0.86
ALC.TO:
0.26
WJX.TO:
-0.69
ALC.TO:
0.87
WJX.TO:
-1.19
ALC.TO:
3.30%
WJX.TO:
22.32%
ALC.TO:
14.06%
WJX.TO:
34.49%
ALC.TO:
-82.93%
WJX.TO:
-85.23%
ALC.TO:
-5.28%
WJX.TO:
-35.74%
Fundamentals
ALC.TO:
CA$600.40M
WJX.TO:
CA$455.51M
ALC.TO:
CA$1.81
WJX.TO:
CA$2.37
ALC.TO:
8.18
WJX.TO:
8.84
ALC.TO:
0.00
WJX.TO:
2.60
ALC.TO:
CA$494.83M
WJX.TO:
CA$1.53B
ALC.TO:
CA$61.98M
WJX.TO:
CA$311.93M
ALC.TO:
CA$86.82M
WJX.TO:
CA$128.67M
Returns By Period
In the year-to-date period, ALC.TO achieves a -1.01% return, which is significantly lower than WJX.TO's 0.72% return. Over the past 10 years, ALC.TO has outperformed WJX.TO with an annualized return of 5.82%, while WJX.TO has yielded a comparatively lower 2.23% annualized return.
ALC.TO
-1.01%
-2.59%
6.22%
3.28%
13.32%
5.82%
WJX.TO
0.72%
-8.92%
-13.68%
-26.11%
13.65%
2.23%
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Risk-Adjusted Performance
ALC.TO vs. WJX.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Algoma Central Corporation (ALC.TO) and Wajax Corporation (WJX.TO). 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.
Dividends
ALC.TO vs. WJX.TO - Dividend Comparison
ALC.TO's dividend yield for the trailing twelve months is around 5.19%, less than WJX.TO's 6.63% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALC.TO Algoma Central Corporation | 5.19% | 5.14% | 13.85% | 3.73% | 3.99% | 22.63% | 8.90% | 3.08% | 2.00% | 2.29% | 2.00% | 1.71% |
WJX.TO Wajax Corporation | 6.63% | 6.68% | 4.36% | 5.07% | 4.12% | 5.85% | 6.76% | 6.03% | 4.05% | 4.34% | 7.35% | 7.80% |
Drawdowns
ALC.TO vs. WJX.TO - Drawdown Comparison
The maximum ALC.TO drawdown since its inception was -82.93%, roughly equal to the maximum WJX.TO drawdown of -85.23%. Use the drawdown chart below to compare losses from any high point for ALC.TO and WJX.TO. For additional features, visit the drawdowns tool.
Volatility
ALC.TO vs. WJX.TO - Volatility Comparison
The current volatility for Algoma Central Corporation (ALC.TO) is 5.44%, while Wajax Corporation (WJX.TO) has a volatility of 8.46%. This indicates that ALC.TO experiences smaller price fluctuations and is considered to be less risky than WJX.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ALC.TO vs. WJX.TO - Financials Comparison
This section allows you to compare key financial metrics between Algoma Central Corporation and Wajax 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