ALGN vs. MCK
Compare and contrast key facts about Align Technology, Inc. (ALGN) and McKesson Corporation (MCK).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALGN or MCK.
Correlation
The correlation between ALGN and MCK 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
ALGN vs. MCK - Performance Comparison
Key characteristics
ALGN:
-1.34
MCK:
1.01
ALGN:
-2.16
MCK:
1.41
ALGN:
0.76
MCK:
1.24
ALGN:
-0.64
MCK:
1.13
ALGN:
-1.59
MCK:
2.80
ALGN:
31.72%
MCK:
9.66%
ALGN:
37.62%
MCK:
26.88%
ALGN:
-92.80%
MCK:
-82.83%
ALGN:
-78.97%
MCK:
-4.72%
Fundamentals
ALGN:
$11.30B
MCK:
$85.61B
ALGN:
$5.62
MCK:
$21.79
ALGN:
27.31
MCK:
31.35
ALGN:
1.04
MCK:
1.18
ALGN:
$3.00B
MCK:
$268.23B
ALGN:
$2.11B
MCK:
$9.49B
ALGN:
$633.28M
MCK:
$3.54B
Returns By Period
In the year-to-date period, ALGN achieves a -26.38% return, which is significantly lower than MCK's 20.00% return. Over the past 10 years, ALGN has underperformed MCK with an annualized return of 11.34%, while MCK has yielded a comparatively higher 12.81% annualized return.
ALGN
-26.38%
-11.87%
-36.40%
-51.26%
-0.09%
11.34%
MCK
20.00%
6.80%
41.04%
28.32%
41.42%
12.81%
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Risk-Adjusted Performance
ALGN vs. MCK — Risk-Adjusted Performance Rank
ALGN
MCK
ALGN vs. MCK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Align Technology, Inc. (ALGN) and McKesson Corporation (MCK). 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
ALGN vs. MCK - Dividend Comparison
ALGN has not paid dividends to shareholders, while MCK's dividend yield for the trailing twelve months is around 0.40%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALGN Align Technology, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MCK McKesson Corporation | 0.40% | 0.47% | 0.50% | 0.54% | 0.72% | 0.95% | 1.16% | 1.32% | 0.80% | 0.80% | 0.53% | 0.46% |
Drawdowns
ALGN vs. MCK - Drawdown Comparison
The maximum ALGN drawdown since its inception was -92.80%, which is greater than MCK's maximum drawdown of -82.83%. Use the drawdown chart below to compare losses from any high point for ALGN and MCK. For additional features, visit the drawdowns tool.
Volatility
ALGN vs. MCK - Volatility Comparison
Align Technology, Inc. (ALGN) has a higher volatility of 12.02% compared to McKesson Corporation (MCK) at 7.62%. This indicates that ALGN's price experiences larger fluctuations and is considered to be riskier than MCK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ALGN vs. MCK - Financials Comparison
This section allows you to compare key financial metrics between Align Technology, Inc. and McKesson 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