PortfoliosLab logo
APPN vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between APPN and QQQ is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

APPN vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Appian Corporation (APPN) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

Loading data...

Key characteristics

Sharpe Ratio

APPN:

0.00

QQQ:

0.45

Sortino Ratio

APPN:

0.35

QQQ:

0.81

Omega Ratio

APPN:

1.04

QQQ:

1.11

Calmar Ratio

APPN:

-0.00

QQQ:

0.51

Martin Ratio

APPN:

-0.02

QQQ:

1.65

Ulcer Index

APPN:

18.22%

QQQ:

6.96%

Daily Std Dev

APPN:

49.44%

QQQ:

25.14%

Max Drawdown

APPN:

-89.05%

QQQ:

-82.98%

Current Drawdown

APPN:

-86.53%

QQQ:

-9.42%

Returns By Period

In the year-to-date period, APPN achieves a -3.91% return, which is significantly higher than QQQ's -4.41% return.


APPN

YTD

-3.91%

1M

16.29%

6M

-22.29%

1Y

-1.71%

5Y*

-9.11%

10Y*

N/A

QQQ

YTD

-4.41%

1M

9.37%

6M

-4.80%

1Y

11.06%

5Y*

17.35%

10Y*

17.24%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

APPN vs. QQQ — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

APPN
The Risk-Adjusted Performance Rank of APPN is 5050
Overall Rank
The Sharpe Ratio Rank of APPN is 5252
Sharpe Ratio Rank
The Sortino Ratio Rank of APPN is 4747
Sortino Ratio Rank
The Omega Ratio Rank of APPN is 4747
Omega Ratio Rank
The Calmar Ratio Rank of APPN is 5151
Calmar Ratio Rank
The Martin Ratio Rank of APPN is 5151
Martin Ratio Rank

QQQ
The Risk-Adjusted Performance Rank of QQQ is 5757
Overall Rank
The Sharpe Ratio Rank of QQQ is 5454
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQ is 5757
Sortino Ratio Rank
The Omega Ratio Rank of QQQ is 5757
Omega Ratio Rank
The Calmar Ratio Rank of QQQ is 6262
Calmar Ratio Rank
The Martin Ratio Rank of QQQ is 5555
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

APPN vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Appian Corporation (APPN) and Invesco QQQ (QQQ). 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.


The current APPN Sharpe Ratio is 0.00, which is lower than the QQQ Sharpe Ratio of 0.45. The chart below compares the historical Sharpe Ratios of APPN and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Loading data...

Dividends

APPN vs. QQQ - Dividend Comparison

APPN has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.61%.


TTM20242023202220212020201920182017201620152014
APPN
Appian Corporation
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
QQQ
Invesco QQQ
0.61%0.56%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%

Drawdowns

APPN vs. QQQ - Drawdown Comparison

The maximum APPN drawdown since its inception was -89.05%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for APPN and QQQ. For additional features, visit the drawdowns tool.


Loading data...

Volatility

APPN vs. QQQ - Volatility Comparison

Appian Corporation (APPN) has a higher volatility of 13.75% compared to Invesco QQQ (QQQ) at 8.24%. This indicates that APPN's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


Loading data...