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AVY vs. NDSN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between AVY and NDSN is 0.39, 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.


-0.50.00.51.00.4

Performance

AVY vs. NDSN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avery Dennison Corporation (AVY) and Nordson Corporation (NDSN). The values are adjusted to include any dividend payments, if applicable.

3,000.00%4,000.00%5,000.00%6,000.00%7,000.00%JulyAugustSeptemberOctoberNovemberDecember
3,206.15%
5,351.07%
AVY
NDSN

Key characteristics

Sharpe Ratio

AVY:

-0.28

NDSN:

-0.74

Sortino Ratio

AVY:

-0.27

NDSN:

-0.88

Omega Ratio

AVY:

0.97

NDSN:

0.88

Calmar Ratio

AVY:

-0.27

NDSN:

-0.69

Martin Ratio

AVY:

-0.80

NDSN:

-1.70

Ulcer Index

AVY:

6.17%

NDSN:

10.04%

Daily Std Dev

AVY:

17.60%

NDSN:

23.22%

Max Drawdown

AVY:

-73.03%

NDSN:

-73.62%

Current Drawdown

AVY:

-17.35%

NDSN:

-24.38%

Fundamentals

Market Cap

AVY:

$15.38B

NDSN:

$12.81B

EPS

AVY:

$8.32

NDSN:

$8.11

PE Ratio

AVY:

23.01

NDSN:

27.62

PEG Ratio

AVY:

1.16

NDSN:

1.78

Total Revenue (TTM)

AVY:

$8.68B

NDSN:

$2.69B

Gross Profit (TTM)

AVY:

$2.52B

NDSN:

$1.49B

EBITDA (TTM)

AVY:

$1.40B

NDSN:

$776.30M

Returns By Period

In the year-to-date period, AVY achieves a -5.44% return, which is significantly higher than NDSN's -19.96% return. Over the past 10 years, AVY has outperformed NDSN with an annualized return of 15.85%, while NDSN has yielded a comparatively lower 11.42% annualized return.


AVY

YTD

-5.44%

1M

-4.40%

6M

-16.41%

1Y

-5.70%

5Y*

9.14%

10Y*

15.85%

NDSN

YTD

-19.96%

1M

-16.96%

6M

-9.06%

1Y

-18.42%

5Y*

5.98%

10Y*

11.42%

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Risk-Adjusted Performance

AVY vs. NDSN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Avery Dennison Corporation (AVY) and Nordson Corporation (NDSN). 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
The chart of Sharpe ratio for AVY, currently valued at -0.28, compared to the broader market-4.00-2.000.002.00-0.28-0.74
The chart of Sortino ratio for AVY, currently valued at -0.27, compared to the broader market-4.00-2.000.002.004.00-0.27-0.88
The chart of Omega ratio for AVY, currently valued at 0.97, compared to the broader market0.501.001.502.000.970.88
The chart of Calmar ratio for AVY, currently valued at -0.27, compared to the broader market0.002.004.006.00-0.27-0.69
The chart of Martin ratio for AVY, currently valued at -0.80, compared to the broader market-5.000.005.0010.0015.0020.0025.00-0.80-1.70
AVY
NDSN

The current AVY Sharpe Ratio is -0.28, which is higher than the NDSN Sharpe Ratio of -0.74. The chart below compares the historical Sharpe Ratios of AVY and NDSN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
-0.28
-0.74
AVY
NDSN

Dividends

AVY vs. NDSN - Dividend Comparison

AVY's dividend yield for the trailing twelve months is around 1.83%, more than NDSN's 1.02% yield.


TTM20232022202120202019201820172016201520142013
AVY
Avery Dennison Corporation
1.83%1.57%1.62%1.23%1.52%1.73%2.24%1.53%2.28%2.33%2.58%2.27%
NDSN
Nordson Corporation
1.02%1.01%0.98%0.71%0.77%0.90%1.09%0.78%0.91%1.43%1.03%0.89%

Drawdowns

AVY vs. NDSN - Drawdown Comparison

The maximum AVY drawdown since its inception was -73.03%, roughly equal to the maximum NDSN drawdown of -73.62%. Use the drawdown chart below to compare losses from any high point for AVY and NDSN. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-17.35%
-24.38%
AVY
NDSN

Volatility

AVY vs. NDSN - Volatility Comparison

The current volatility for Avery Dennison Corporation (AVY) is 5.52%, while Nordson Corporation (NDSN) has a volatility of 10.46%. This indicates that AVY experiences smaller price fluctuations and is considered to be less risky than NDSN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
5.52%
10.46%
AVY
NDSN

Financials

AVY vs. NDSN - Financials Comparison

This section allows you to compare key financial metrics between Avery Dennison Corporation and Nordson 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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