AZTA vs. TYL
AZTA (Azenta, Inc.) and TYL (Tyler Technologies, Inc.) are both stocks. AZTA operates in Medical Instruments & Supplies (Healthcare), while TYL operates in Software - Application (Technology). Over the past 10 years, AZTA returned 7.67%/yr vs 6.01%/yr for TYL. At a 0.30 correlation, their price movements are largely independent.
Performance
AZTA vs. TYL - Performance Comparison
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Returns By Period
In the year-to-date period, AZTA achieves a -33.04% return, which is significantly higher than TYL's -39.36% return. Over the past 10 years, AZTA has outperformed TYL with an annualized return of 7.67%, while TYL has yielded a comparatively lower 6.01% annualized return.
AZTA
- 1D
- -4.46%
- 1M
- 10.36%
- YTD
- -33.04%
- 6M
- -35.80%
- 1Y
- -24.87%
- 3Y*
- -20.11%
- 5Y*
- -24.80%
- 10Y*
- 7.67%
TYL
- 1D
- -1.31%
- 1M
- -12.12%
- YTD
- -39.36%
- 6M
- -40.80%
- 1Y
- -51.69%
- 3Y*
- -11.49%
- 5Y*
- -9.10%
- 10Y*
- 6.01%
AZTA vs. TYL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AZTA Azenta, Inc. | -33.04% | -33.48% | -23.24% | 11.89% | -43.54% | 52.62% | 63.07% | 62.06% | 11.20% | 42.03% |
TYL Tyler Technologies, Inc. | -39.36% | -21.28% | 37.91% | 29.69% | -40.07% | 23.24% | 45.50% | 61.46% | 4.95% | 24.01% |
Correlation
The correlation between AZTA and TYL is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 1995 | 0.30 |
The correlation between AZTA and TYL shifts across timeframes, from 0.12 (1 year) to 0.39 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
AZTA:
-$3.88
TYL:
$9.63
AZTA:
1.71
TYL:
3.79
AZTA:
$596.57M
TYL:
$2.38B
AZTA:
$265.78M
TYL:
$1.08B
AZTA:
-$106.54M
TYL:
$491.14M
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Return for Risk
AZTA vs. TYL — Risk / Return Rank
AZTA
TYL
AZTA vs. TYL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Azenta, Inc. (AZTA) and Tyler Technologies, Inc. (TYL). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AZTA | TYL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.01 | ||
| Sortino ratioReturn per unit of downside risk | +2.03 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 0.72 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | -0.41 | -0.94 | +0.53 |
| Martin ratioReturn relative to average drawdown | -0.89 | -1.60 | +0.71 |
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Drawdowns
AZTA vs. TYL - Drawdown Comparison
The maximum AZTA drawdown since its inception was -97.12%, roughly equal to the maximum TYL drawdown of -93.50%. Use the drawdown chart below to compare losses from any high point for AZTA and TYL.
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Drawdown Indicators
| AZTA | TYL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.12% | -93.50% | -3.62% |
Max Drawdown (1Y)Largest decline over 1 year | -60.94% | -55.00% | -5.94% |
Max Drawdown (3Y)Largest decline over 3 years | -76.27% | -57.44% | -18.83% |
Max Drawdown (5Y)Largest decline over 5 years | -87.08% | -57.44% | -29.64% |
Max Drawdown (10Y)Largest decline over 10 years | -87.08% | -57.44% | -29.64% |
Current DrawdownCurrent decline from peak | -82.05% | -57.44% | -24.61% |
Average DrawdownAverage peak-to-trough decline | -65.40% | -39.55% | -25.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.97% | 32.25% | -4.28% |
Volatility
AZTA vs. TYL - Volatility Comparison
Azenta, Inc. (AZTA) and Tyler Technologies, Inc. (TYL) have volatilities of 11.92% and 12.22%, 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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Volatility by Period
| AZTA | TYL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.92% | 12.22% | -0.30% |
Volatility (6M)Calculated over the trailing 6-month period | 52.19% | 32.83% | +19.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 62.98% | 37.00% | +25.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.78% | 31.80% | +19.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.48% | 29.08% | +22.40% |
Dividends
AZTA vs. TYL - Dividend Comparison
Neither AZTA nor TYL has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AZTA Azenta, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.39% | 0.59% | 0.95% | 1.53% | 1.68% | 2.34% | 3.75% |
TYL Tyler Technologies, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
AZTA vs. TYL - Financials Comparison
This section allows you to compare key financial metrics between Azenta, Inc. and Tyler Technologies, Inc.. 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
Frequently Asked Questions
AZTA and TYL have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TYL has higher volatility (12.22%) compared to AZTA (11.92%). In terms of maximum drawdown, AZTA dropped -97.12% vs TYL's -93.50%.
AZTA currently has the higher Sharpe Ratio (-0.40 vs -1.40), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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