ALHC vs. APH
ALHC (Alignment Healthcare Holdings, LLC) and APH (Amphenol Corporation) are both stocks. ALHC operates in Healthcare Plans (Healthcare), while APH operates in Electronic Components (Technology). Over the past 5 years, ALHC returned -6.54%/yr vs 35.99%/yr for APH. Their 0.19 correlation means their historical movements had little consistent relationship.
Performance
ALHC vs. APH - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ALHC achieves a -24.81% return, which is significantly lower than APH's 19.33% return.
ALHC
- 1D
- -20.20%
- 1M
- -37.61%
- 6M
- -34.09%
- YTD
- -24.81%
- 1Y
- 14.49%
- 3Y*
- 36.18%
- 5Y*
- -6.54%
- 10Y*
- —
- ALL TIME*
- -4.55%
APH
- 1D
- 0.55%
- 1M
- -2.36%
- 6M
- 11.92%
- YTD
- 19.33%
- 1Y
- 55.11%
- 3Y*
- 54.89%
- 5Y*
- 35.99%
- 10Y*
- 28.28%
- ALL TIME*
- 22.91%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $94.81M | $101.95M | $113.80M | |
| $1.19B | $1.10B | $1.42B |
ALHC vs. APH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ALHC Alignment Healthcare Holdings, LLC | -24.81% | 75.56% | 30.66% | -26.79% | -16.36% | -26.19% |
APH Amphenol Corporation | 19.33% | 96.08% | 41.30% | 31.85% | -11.96% | 36.49% |
Correlation
The correlation between ALHC and APH is 0.19, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.19 |
Correlation (3Y) Balances recent behavior with more history. | 0.08 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.20 |
Correlation (All Time) Calculated using the full available price history since Mar 26, 2021 | 0.19 |
The correlation between ALHC and APH shifts across timeframes, from 0.08 (3 years) to 0.20 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ALHC:
$3.07B
APH:
$197.70B
ALHC:
$0.19
APH:
$4.00
ALHC:
76.39
APH:
40.15
ALHC:
0.68
APH:
7.13
ALHC:
12.01
APH:
13.38
ALHC:
$4.58B
APH:
$29.01B
ALHC:
$248.98M
APH:
$11.17B
ALHC:
$86.51M
APH:
$9.37B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ALHC vs. APH — Risk / Return Rank
ALHC
APH
ALHC vs. APH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alignment Healthcare Holdings, LLC (ALHC) and Amphenol Corporation (APH). 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.
| ALHC | APH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.05 | ||
| Sortino ratioReturn per unit of downside risk | -1.07 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.22 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.18 | 1.85 | -1.67 |
| Martin ratioReturn relative to average drawdown | 0.51 | 4.55 | -4.04 |
Loading charts...
Drawdowns
ALHC vs. APH - Drawdown Comparison
The maximum ALHC drawdown since its inception was -83.61%, which is greater than APH's maximum drawdown of -63.41%. Use the drawdown chart below to compare losses from any high point for ALHC and APH.
Loading charts...
Drawdown Indicators
| ALHC | APH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.61% | -63.41% | -20.20% |
Max Drawdown (1Y)Largest decline over 1 year | -44.14% | -28.19% | -15.95% |
Max Drawdown (3Y)Largest decline over 3 years | -50.33% | -28.19% | -22.14% |
Max Drawdown (5Y)Largest decline over 5 years | -80.44% | -28.73% | -51.71% |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.56% | — |
Current DrawdownCurrent decline from peak | -45.54% | -8.86% | -36.68% |
Average DrawdownAverage peak-to-trough decline | -51.39% | -13.54% | -37.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.24% | 11.44% | +3.80% |
Volatility
ALHC vs. APH - Volatility Comparison
Alignment Healthcare Holdings, LLC (ALHC) has a higher volatility of 31.15% compared to Amphenol Corporation (APH) at 13.69%. This indicates that ALHC's price experiences larger fluctuations and is considered to be riskier than APH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ALHC | APH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 31.15% | 13.69% | +17.46% |
Volatility (6M)Calculated over the trailing 6-month period | 54.57% | 35.63% | +18.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 61.37% | 44.23% | +17.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 64.79% | 31.52% | +33.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 64.58% | 28.33% | +36.25% |
Dividends
ALHC vs. APH - Dividend Comparison
ALHC has not paid dividends to shareholders, while APH's dividend yield for the trailing twelve months is around 0.57%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALHC Alignment Healthcare Holdings, LLC | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
APH Amphenol Corporation | 0.57% | 0.55% | 0.79% | 1.07% | 1.06% | 0.89% | 0.80% | 0.89% | 1.09% | 0.80% | 0.86% | 1.01% |
Financials
ALHC vs. APH - Financials Comparison
This section allows you to compare key financial metrics between Alignment Healthcare Holdings, LLC and Amphenol 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
ALHC vs. APH - Profitability Comparison
ALHC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Alignment Healthcare Holdings, LLC reported a gross profit of -144.48M and revenue of 1.34B. Therefore, the gross margin over that period was -10.8%.
APH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Amphenol Corporation reported a gross profit of 3.55B and revenue of 8.76B. Therefore, the gross margin over that period was 40.5%.
ALHC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Alignment Healthcare Holdings, LLC reported an operating income of 42.10M and revenue of 1.34B, resulting in an operating margin of 3.2%.
APH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Amphenol Corporation reported an operating income of 2.58B and revenue of 8.76B, resulting in an operating margin of 29.5%.
ALHC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Alignment Healthcare Holdings, LLC reported a net income of 36.56M and revenue of 1.34B, resulting in a net margin of 2.7%.
APH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Amphenol Corporation reported a net income of 1.77B and revenue of 8.76B, resulting in a net margin of 20.2%.
Frequently Asked Questions
ALHC and APH have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ALHC has higher volatility (31.15%) compared to APH (13.69%). In terms of maximum drawdown, ALHC dropped -83.61% vs APH's -63.41%.
APH currently has the higher Sharpe Ratio (1.18 vs 0.13), 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.
Find the right allocation for ALHC and APH
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer