ALKT vs. NCNO
ALKT (Alkami Technology, Inc.) and NCNO (nCino, Inc.) are both stocks. Both operate in the Software - Application industry within the Technology sector. Over the past 5 years, ALKT returned -13.07%/yr vs -24.49%/yr for NCNO. A 0.52 correlation means they provide meaningful diversification when combined.
Performance
ALKT vs. NCNO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ALKT achieves a -31.30% return, which is significantly higher than NCNO's -41.34% return.
ALKT
- 1D
- -0.25%
- 1M
- -11.80%
- YTD
- -31.30%
- 6M
- -25.76%
- 1Y
- -47.96%
- 3Y*
- 1.07%
- 5Y*
- -13.07%
- 10Y*
- —
NCNO
- 1D
- 0.80%
- 1M
- -15.27%
- YTD
- -41.34%
- 6M
- -38.81%
- 1Y
- -44.95%
- 3Y*
- -14.43%
- 5Y*
- -24.49%
- 10Y*
- —
ALKT vs. NCNO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ALKT Alkami Technology, Inc. | -31.30% | -37.10% | 51.26% | 66.21% | -27.27% | -53.35% |
NCNO nCino, Inc. | -41.34% | -23.65% | -0.15% | 27.19% | -51.80% | -21.65% |
Correlation
The correlation between ALKT and NCNO is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2021 | 0.52 |
The correlation between ALKT and NCNO has been stable across timeframes, ranging from 0.47 to 0.53 - a consistent structural relationship.
Fundamentals
ALKT:
$1.69B
NCNO:
$1.65B
ALKT:
-$0.48
NCNO:
$0.12
ALKT:
3.51
NCNO:
2.81
ALKT:
4.55
NCNO:
1.70
ALKT:
$471.94M
NCNO:
$610.06M
ALKT:
$272.71M
NCNO:
$374.67M
ALKT:
-$17.46M
NCNO:
$49.42M
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
ALKT vs. NCNO — Risk / Return Rank
ALKT
NCNO
ALKT vs. NCNO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alkami Technology, Inc. (ALKT) and nCino, Inc. (NCNO). 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.
| ALKT | NCNO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.14 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 0.83 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.95 | -0.79 | -0.16 |
| Martin ratioReturn relative to average drawdown | -1.45 | -1.38 | -0.07 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| ALKT | NCNO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.95 | -0.98 | +0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.27 | -0.46 | +0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.36 | -0.49 | +0.13 |
Drawdowns
ALKT vs. NCNO - Drawdown Comparison
The maximum ALKT drawdown since its inception was -79.03%, smaller than the maximum NCNO drawdown of -85.71%. Use the drawdown chart below to compare losses from any high point for ALKT and NCNO.
Loading charts...
Drawdown Indicators
| ALKT | NCNO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.03% | -85.71% | +6.68% |
Max Drawdown (1Y)Largest decline over 1 year | -50.50% | -57.14% | +6.64% |
Max Drawdown (3Y)Largest decline over 3 years | -63.88% | -67.14% | +3.26% |
Max Drawdown (5Y)Largest decline over 5 years | -73.50% | -82.07% | +8.57% |
Current DrawdownCurrent decline from peak | -66.76% | -84.66% | +17.90% |
Average DrawdownAverage peak-to-trough decline | -52.41% | -59.10% | +6.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 33.16% | 32.59% | +0.57% |
Volatility
ALKT vs. NCNO - Volatility Comparison
The current volatility for Alkami Technology, Inc. (ALKT) is 13.93%, while nCino, Inc. (NCNO) has a volatility of 16.31%. This indicates that ALKT experiences smaller price fluctuations and is considered to be less risky than NCNO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ALKT | NCNO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.93% | 16.31% | -2.38% |
Volatility (6M)Calculated over the trailing 6-month period | 37.49% | 37.56% | -0.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.76% | 46.13% | +4.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.13% | 53.41% | -5.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.72% | 54.23% | -5.51% |
Dividends
ALKT vs. NCNO - Dividend Comparison
Neither ALKT nor NCNO has paid dividends to shareholders.
Financials
ALKT vs. NCNO - Financials Comparison
This section allows you to compare key financial metrics between Alkami Technology, Inc. and nCino, Inc.. 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
ALKT vs. NCNO - Profitability Comparison
ALKT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Alkami Technology, Inc. reported a gross profit of 73.87M and revenue of 126.14M. Therefore, the gross margin over that period was 58.6%.
NCNO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, nCino, Inc. reported a gross profit of 100.94M and revenue of 159.41M. Therefore, the gross margin over that period was 63.3%.
ALKT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Alkami Technology, Inc. reported an operating income of -5.71M and revenue of 126.14M, resulting in an operating margin of -4.5%.
NCNO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, nCino, Inc. reported an operating income of 21.12M and revenue of 159.41M, resulting in an operating margin of 13.3%.
ALKT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Alkami Technology, Inc. reported a net income of -9.96M and revenue of 126.14M, resulting in a net margin of -7.9%.
NCNO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, nCino, Inc. reported a net income of 13.64M and revenue of 159.41M, resulting in a net margin of 8.6%.
Frequently Asked Questions
ALKT and NCNO have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NCNO has higher volatility (16.31%) compared to ALKT (13.93%). In terms of maximum drawdown, ALKT dropped -79.03% vs NCNO's -85.71%.
ALKT currently has the higher Sharpe Ratio (-0.95 vs -0.98), 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 ALKT and NCNO
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