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BAX vs. SNPS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Performance

BAX vs. SNPS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Baxter International Inc. (BAX) and Synopsys, Inc. (SNPS). The values are adjusted to include any dividend payments, if applicable.

-20.00%-10.00%0.00%10.00%20.00%JuneJulyAugustSeptemberOctoberNovember
-4.16%
-8.77%
BAX
SNPS

Returns By Period

In the year-to-date period, BAX achieves a -12.57% return, which is significantly lower than SNPS's 1.76% return. Over the past 10 years, BAX has underperformed SNPS with an annualized return of -0.09%, while SNPS has yielded a comparatively higher 28.65% annualized return.


BAX

YTD

-12.57%

1M

-10.42%

6M

-4.16%

1Y

-3.92%

5Y (annualized)

-15.03%

10Y (annualized)

-0.09%

SNPS

YTD

1.76%

1M

3.34%

6M

-8.77%

1Y

-2.02%

5Y (annualized)

30.16%

10Y (annualized)

28.65%

Fundamentals


BAXSNPS
Market Cap$17.26B$85.02B
EPS$0.46$9.68
PE Ratio73.5457.18
PEG Ratio1.702.54
Total Revenue (TTM)$11.29B$4.63B
Gross Profit (TTM)$4.21B$3.62B
EBITDA (TTM)$2.03B$1.19B

Key characteristics


BAXSNPS
Sharpe Ratio-0.15-0.05
Sortino Ratio-0.020.17
Omega Ratio1.001.02
Calmar Ratio-0.06-0.07
Martin Ratio-0.29-0.16
Ulcer Index13.55%11.13%
Daily Std Dev26.53%34.98%
Max Drawdown-68.27%-60.95%
Current Drawdown-61.52%-15.66%

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Correlation

-0.50.00.51.00.2

The correlation between BAX and SNPS is 0.25, 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.

Risk-Adjusted Performance

BAX vs. SNPS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Baxter International Inc. (BAX) and Synopsys, Inc. (SNPS). 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 BAX, currently valued at -0.15, compared to the broader market-4.00-2.000.002.004.00-0.15-0.05
The chart of Sortino ratio for BAX, currently valued at -0.02, compared to the broader market-4.00-2.000.002.004.00-0.020.17
The chart of Omega ratio for BAX, currently valued at 1.00, compared to the broader market0.501.001.502.001.001.02
The chart of Calmar ratio for BAX, currently valued at -0.06, compared to the broader market0.002.004.006.00-0.06-0.07
The chart of Martin ratio for BAX, currently valued at -0.29, compared to the broader market-10.000.0010.0020.0030.00-0.29-0.16
BAX
SNPS

The current BAX Sharpe Ratio is -0.15, which is lower than the SNPS Sharpe Ratio of -0.05. The chart below compares the historical Sharpe Ratios of BAX and SNPS, 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-1.00-0.500.000.501.001.50JuneJulyAugustSeptemberOctoberNovember
-0.15
-0.05
BAX
SNPS

Dividends

BAX vs. SNPS - Dividend Comparison

BAX's dividend yield for the trailing twelve months is around 3.51%, while SNPS has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
BAX
Baxter International Inc.
3.51%3.00%2.26%1.26%1.19%1.02%1.11%0.94%1.14%2.08%2.80%2.76%
SNPS
Synopsys, 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%

Drawdowns

BAX vs. SNPS - Drawdown Comparison

The maximum BAX drawdown since its inception was -68.27%, which is greater than SNPS's maximum drawdown of -60.95%. Use the drawdown chart below to compare losses from any high point for BAX and SNPS. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-61.52%
-15.66%
BAX
SNPS

Volatility

BAX vs. SNPS - Volatility Comparison

The current volatility for Baxter International Inc. (BAX) is 7.42%, while Synopsys, Inc. (SNPS) has a volatility of 12.72%. This indicates that BAX experiences smaller price fluctuations and is considered to be less risky than SNPS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%JuneJulyAugustSeptemberOctoberNovember
7.42%
12.72%
BAX
SNPS

Financials

BAX vs. SNPS - Financials Comparison

This section allows you to compare key financial metrics between Baxter International Inc. and Synopsys, 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.


Quarterly
Annual

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


Values in USD except per share items