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ALGN vs. MCK
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Performance

ALGN vs. MCK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Align Technology, Inc. (ALGN) and McKesson Corporation (MCK). The values are adjusted to include any dividend payments, if applicable.

-20.00%-15.00%-10.00%-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
-11.30%
11.57%
ALGN
MCK

Returns By Period

In the year-to-date period, ALGN achieves a -18.30% return, which is significantly lower than MCK's 34.64% return. Over the past 10 years, ALGN has outperformed MCK with an annualized return of 14.96%, while MCK has yielded a comparatively lower 12.62% annualized return.


ALGN

YTD

-18.30%

1M

3.38%

6M

-14.27%

1Y

3.98%

5Y (annualized)

-4.00%

10Y (annualized)

14.96%

MCK

YTD

34.64%

1M

22.19%

6M

11.70%

1Y

37.39%

5Y (annualized)

33.54%

10Y (annualized)

12.62%

Fundamentals


ALGNMCK
Market Cap$16.71B$78.85B
EPS$5.85$19.32
PE Ratio38.2732.15
PEG Ratio1.311.28
Total Revenue (TTM)$3.96B$330.19B
Gross Profit (TTM)$2.79B$13.02B
EBITDA (TTM)$811.39M$4.82B

Key characteristics


ALGNMCK
Sharpe Ratio0.111.44
Sortino Ratio0.431.83
Omega Ratio1.051.34
Calmar Ratio0.061.58
Martin Ratio0.194.09
Ulcer Index21.27%9.25%
Daily Std Dev38.06%26.20%
Max Drawdown-92.80%-82.83%
Current Drawdown-69.33%-1.34%

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Correlation

-0.50.00.51.00.3

The correlation between ALGN and MCK is 0.26, 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.

Risk-Adjusted Performance

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.


Sharpe ratio
The chart of Sharpe ratio for ALGN, currently valued at 0.11, compared to the broader market-4.00-2.000.002.004.000.111.44
The chart of Sortino ratio for ALGN, currently valued at 0.43, compared to the broader market-4.00-2.000.002.004.000.431.83
The chart of Omega ratio for ALGN, currently valued at 1.05, compared to the broader market0.501.001.502.001.051.34
The chart of Calmar ratio for ALGN, currently valued at 0.06, compared to the broader market0.002.004.006.000.061.58
The chart of Martin ratio for ALGN, currently valued at 0.19, compared to the broader market-10.000.0010.0020.0030.000.194.09
ALGN
MCK

The current ALGN Sharpe Ratio is 0.11, which is lower than the MCK Sharpe Ratio of 1.44. The chart below compares the historical Sharpe Ratios of ALGN and MCK, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
0.11
1.44
ALGN
MCK

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 0.41%.


TTM20232022202120202019201820172016201520142013
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
0.41%0.50%0.54%0.72%0.95%1.16%1.32%0.80%0.80%0.53%0.46%0.55%

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.


-80.00%-60.00%-40.00%-20.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-69.33%
-1.34%
ALGN
MCK

Volatility

ALGN vs. MCK - Volatility Comparison

The current volatility for Align Technology, Inc. (ALGN) is 11.08%, while McKesson Corporation (MCK) has a volatility of 12.24%. This indicates that ALGN experiences smaller price fluctuations and is considered to be less risky than MCK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%JuneJulyAugustSeptemberOctoberNovember
11.08%
12.24%
ALGN
MCK

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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items