ARDX vs. RDW
Compare and contrast key facts about Ardelyx, Inc. (ARDX) and Redwire Corporation (RDW).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARDX or RDW.
Correlation
The correlation between ARDX and RDW is 0.23, 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
ARDX vs. RDW - Performance Comparison
Key characteristics
ARDX:
-0.54
RDW:
5.96
ARDX:
-0.41
RDW:
4.51
ARDX:
0.94
RDW:
1.56
ARDX:
-0.48
RDW:
5.60
ARDX:
-1.18
RDW:
36.37
ARDX:
34.78%
RDW:
12.22%
ARDX:
76.93%
RDW:
74.54%
ARDX:
-98.45%
RDW:
-87.26%
ARDX:
-84.77%
RDW:
-18.46%
Fundamentals
ARDX:
$1.19B
RDW:
$981.48M
ARDX:
-$0.32
RDW:
-$1.21
ARDX:
$217.49M
RDW:
$234.54M
ARDX:
$184.19M
RDW:
$39.83M
ARDX:
-$27.76M
RDW:
-$32.28M
Returns By Period
In the year-to-date period, ARDX achieves a -1.18% return, which is significantly higher than RDW's -10.39% return.
ARDX
-1.18%
3.94%
-12.11%
-39.49%
-6.85%
-15.43%
RDW
-10.39%
6.19%
114.08%
438.32%
N/A
N/A
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Risk-Adjusted Performance
ARDX vs. RDW — Risk-Adjusted Performance Rank
ARDX
RDW
ARDX vs. RDW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ardelyx, Inc. (ARDX) and Redwire Corporation (RDW). 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
ARDX vs. RDW - Dividend Comparison
Neither ARDX nor RDW has paid dividends to shareholders.
Drawdowns
ARDX vs. RDW - Drawdown Comparison
The maximum ARDX drawdown since its inception was -98.45%, which is greater than RDW's maximum drawdown of -87.26%. Use the drawdown chart below to compare losses from any high point for ARDX and RDW. For additional features, visit the drawdowns tool.
Volatility
ARDX vs. RDW - Volatility Comparison
Ardelyx, Inc. (ARDX) and Redwire Corporation (RDW) have volatilities of 27.59% and 26.66%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ARDX vs. RDW - Financials Comparison
This section allows you to compare key financial metrics between Ardelyx, Inc. and Redwire 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