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ASAN vs. DOCN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


ASANDOCN
YTD Return-19.04%6.51%
1Y Return-20.87%12.14%
3Y Return (Ann)-17.50%-2.09%
Sharpe Ratio-0.400.21
Daily Std Dev58.32%57.65%
Max Drawdown-91.74%-84.78%
Current Drawdown-89.21%-70.00%

Fundamentals


ASANDOCN
Market Cap$3.48B$3.57B
EPS-$1.17$0.20
Revenue (TTM)$652.50M$692.88M
Gross Profit (TTM)$587.98M$364.40M
EBITDA (TTM)-$253.21M$176.12M

Correlation

0.67
-1.001.00

The correlation between ASAN and DOCN is 0.67, 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

ASAN vs. DOCN - Performance Comparison

In the year-to-date period, ASAN achieves a -19.04% return, which is significantly lower than DOCN's 6.51% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-45.29%
-8.05%
ASAN
DOCN

Compare stocks, funds, or ETFs


Asana, Inc.

DigitalOcean Holdings, Inc.

Risk-Adjusted Performance

ASAN vs. DOCN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Asana, Inc. (ASAN) and DigitalOcean Holdings, Inc. (DOCN). 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
ASAN
Asana, Inc.
-0.40
DOCN
DigitalOcean Holdings, Inc.
0.21

ASAN vs. DOCN - Sharpe Ratio Comparison

The current ASAN Sharpe Ratio is -0.40, which is lower than the DOCN Sharpe Ratio of 0.21. The chart below compares the 12-month rolling Sharpe Ratio of ASAN and DOCN.


Rolling 12-month Sharpe Ratio-0.500.000.501.00OctoberNovemberDecember2024FebruaryMarch
-0.40
0.21
ASAN
DOCN

Dividends

ASAN vs. DOCN - Dividend Comparison

Neither ASAN nor DOCN has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

ASAN vs. DOCN - Drawdown Comparison

The maximum ASAN drawdown since its inception was -91.74%, which is greater than DOCN's maximum drawdown of -84.78%. The drawdown chart below compares losses from any high point along the way for ASAN and DOCN


-90.00%-85.00%-80.00%-75.00%-70.00%OctoberNovemberDecember2024FebruaryMarch
-89.21%
-70.00%
ASAN
DOCN

Volatility

ASAN vs. DOCN - Volatility Comparison

Asana, Inc. (ASAN) has a higher volatility of 16.88% compared to DigitalOcean Holdings, Inc. (DOCN) at 9.64%. This indicates that ASAN's price experiences larger fluctuations and is considered to be riskier than DOCN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%OctoberNovemberDecember2024FebruaryMarch
16.88%
9.64%
ASAN
DOCN