ALHC vs. CLOV
Compare and contrast key facts about Alignment Healthcare Holdings, LLC (ALHC) and Clover Health Investments, Corp. (CLOV).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALHC or CLOV.
Correlation
The correlation between ALHC and CLOV is 0.34, 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
ALHC vs. CLOV - Performance Comparison
Key characteristics
ALHC:
0.45
CLOV:
2.76
ALHC:
1.18
CLOV:
3.48
ALHC:
1.15
CLOV:
1.41
ALHC:
0.38
CLOV:
2.36
ALHC:
1.35
CLOV:
13.48
ALHC:
23.37%
CLOV:
17.03%
ALHC:
70.93%
CLOV:
83.33%
ALHC:
-83.61%
CLOV:
-97.19%
ALHC:
-61.09%
CLOV:
-85.42%
Fundamentals
ALHC:
$2.08B
CLOV:
$1.61B
ALHC:
-$0.76
CLOV:
-$0.19
ALHC:
$2.47B
CLOV:
$1.54B
ALHC:
$257.97M
CLOV:
$522.63M
ALHC:
-$94.59M
CLOV:
-$92.64M
Returns By Period
In the year-to-date period, ALHC achieves a 23.23% return, which is significantly lower than CLOV's 239.25% return.
ALHC
23.23%
-11.21%
46.14%
21.40%
N/A
N/A
CLOV
239.25%
-3.58%
158.40%
229.59%
N/A
N/A
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Risk-Adjusted Performance
ALHC vs. CLOV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alignment Healthcare Holdings, LLC (ALHC) and Clover Health Investments, Corp. (CLOV). 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
ALHC vs. CLOV - Dividend Comparison
Neither ALHC nor CLOV has paid dividends to shareholders.
Drawdowns
ALHC vs. CLOV - Drawdown Comparison
The maximum ALHC drawdown since its inception was -83.61%, smaller than the maximum CLOV drawdown of -97.19%. Use the drawdown chart below to compare losses from any high point for ALHC and CLOV. For additional features, visit the drawdowns tool.
Volatility
ALHC vs. CLOV - Volatility Comparison
Alignment Healthcare Holdings, LLC (ALHC) has a higher volatility of 13.70% compared to Clover Health Investments, Corp. (CLOV) at 9.94%. This indicates that ALHC's price experiences larger fluctuations and is considered to be riskier than CLOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ALHC vs. CLOV - Financials Comparison
This section allows you to compare key financial metrics between Alignment Healthcare Holdings, LLC and Clover Health Investments, Corp.. 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