Correlation
The correlation between ASH and OLN is 0.51, 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.
ASH vs. OLN
Compare and contrast key facts about Ashland Global Holdings Inc. (ASH) and Olin Corporation (OLN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ASH or OLN.
Performance
ASH vs. OLN - Performance Comparison
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Key characteristics
ASH:
-1.37
OLN:
-1.30
ASH:
-2.12
OLN:
-2.50
ASH:
0.72
OLN:
0.71
ASH:
-0.86
OLN:
-0.88
ASH:
-1.67
OLN:
-1.71
ASH:
29.44%
OLN:
36.90%
ASH:
35.78%
OLN:
48.17%
ASH:
-91.64%
OLN:
-73.80%
ASH:
-54.19%
OLN:
-69.32%
Fundamentals
ASH:
$2.33B
OLN:
$2.23B
ASH:
-$1.88
OLN:
$0.52
ASH:
-1.36
OLN:
1.82
ASH:
1.19
OLN:
0.34
ASH:
0.88
OLN:
1.11
ASH:
$1.95B
OLN:
$6.55B
ASH:
$610.00M
OLN:
$2.17B
ASH:
$42.00M
OLN:
$659.30M
Returns By Period
In the year-to-date period, ASH achieves a -29.68% return, which is significantly higher than OLN's -41.58% return. Over the past 10 years, ASH has outperformed OLN with an annualized return of -0.82%, while OLN has yielded a comparatively lower -1.07% annualized return.
ASH
-29.68%
1.81%
-35.63%
-49.35%
-21.20%
-4.35%
-0.82%
OLN
-41.58%
-9.53%
-53.64%
-62.92%
-32.17%
12.47%
-1.07%
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Risk-Adjusted Performance
ASH vs. OLN — Risk-Adjusted Performance Rank
ASH
OLN
ASH vs. OLN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ashland Global Holdings Inc. (ASH) and Olin Corporation (OLN). 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.
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Dividends
ASH vs. OLN - Dividend Comparison
ASH's dividend yield for the trailing twelve months is around 3.29%, less than OLN's 4.12% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASH Ashland Global Holdings Inc. | 3.29% | 2.24% | 1.77% | 1.21% | 1.09% | 1.39% | 1.40% | 1.37% | 1.22% | 1.43% | 1.47% | 1.14% |
OLN Olin Corporation | 4.12% | 2.37% | 1.48% | 1.51% | 1.39% | 3.26% | 4.64% | 3.98% | 2.25% | 3.12% | 4.63% | 3.51% |
Drawdowns
ASH vs. OLN - Drawdown Comparison
The maximum ASH drawdown since its inception was -91.64%, which is greater than OLN's maximum drawdown of -73.80%. Use the drawdown chart below to compare losses from any high point for ASH and OLN.
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Volatility
ASH vs. OLN - Volatility Comparison
Ashland Global Holdings Inc. (ASH) and Olin Corporation (OLN) have volatilities of 14.59% and 15.21%, 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.
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Financials
ASH vs. OLN - Financials Comparison
This section allows you to compare key financial metrics between Ashland Global Holdings Inc. and Olin 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
ASH vs. OLN - Profitability Comparison
ASH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Ashland Global Holdings Inc. reported a gross profit of 147.00M and revenue of 479.00M. Therefore, the gross margin over that period was 30.7%.
OLN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Olin Corporation reported a gross profit of 1.64B and revenue of 1.64B. Therefore, the gross margin over that period was 100.0%.
ASH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Ashland Global Holdings Inc. reported an operating income of 51.00M and revenue of 479.00M, resulting in an operating margin of 10.7%.
OLN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Olin Corporation reported an operating income of 43.70M and revenue of 1.64B, resulting in an operating margin of 2.7%.
ASH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Ashland Global Holdings Inc. reported a net income of 18.00M and revenue of 479.00M, resulting in a net margin of 3.8%.
OLN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Olin Corporation reported a net income of 1.40M and revenue of 1.64B, resulting in a net margin of 0.1%.