ASAN vs. DOCN
Compare and contrast key facts about Asana, Inc. (ASAN) and DigitalOcean Holdings, Inc. (DOCN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ASAN or DOCN.
Key characteristics
ASAN | DOCN | |
---|---|---|
YTD Return | -19.04% | 6.51% |
1Y Return | -20.87% | 12.14% |
3Y Return (Ann) | -17.50% | -2.09% |
Sharpe Ratio | -0.40 | 0.21 |
Daily Std Dev | 58.32% | 57.65% |
Max Drawdown | -91.74% | -84.78% |
Current Drawdown | -89.21% | -70.00% |
Fundamentals
ASAN | DOCN | |
---|---|---|
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
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.
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 ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
Asana, Inc. | -0.40 | ||||
DigitalOcean Holdings, Inc. | 0.21 |
Dividends
ASAN vs. DOCN - Dividend Comparison
Neither ASAN nor DOCN has paid dividends to shareholders.
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
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.