Correlation
The correlation between BEAM and TWST is 0.42, 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.
BEAM vs. TWST
Compare and contrast key facts about Beam Therapeutics Inc. (BEAM) and Twist Bioscience Corporation (TWST).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BEAM or TWST.
Performance
BEAM vs. TWST - Performance Comparison
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Key characteristics
BEAM:
-0.47
TWST:
-0.42
BEAM:
-0.30
TWST:
-0.30
BEAM:
0.97
TWST:
0.97
BEAM:
-0.39
TWST:
-0.36
BEAM:
-1.24
TWST:
-1.18
BEAM:
27.94%
TWST:
26.34%
BEAM:
73.63%
TWST:
67.11%
BEAM:
-89.12%
TWST:
-94.48%
BEAM:
-88.15%
TWST:
-85.91%
Fundamentals
BEAM:
$1.64B
TWST:
$1.73B
BEAM:
-$4.61
TWST:
-$3.31
BEAM:
25.81
TWST:
4.98
BEAM:
1.46
TWST:
3.93
BEAM:
$63.58M
TWST:
$347.68M
BEAM:
$47.08M
TWST:
$162.37M
BEAM:
-$399.03M
TWST:
-$176.51M
Returns By Period
The year-to-date returns for both stocks are quite close, with BEAM having a -36.17% return and TWST slightly lower at -36.95%.
BEAM
-36.17%
-20.57%
-42.16%
-34.29%
-23.37%
-9.13%
N/A
TWST
-36.95%
-23.54%
-40.42%
-28.24%
-4.88%
-5.04%
N/A
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Risk-Adjusted Performance
BEAM vs. TWST — Risk-Adjusted Performance Rank
BEAM
TWST
BEAM vs. TWST - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Beam Therapeutics Inc. (BEAM) and Twist Bioscience Corporation (TWST). 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
BEAM vs. TWST - Dividend Comparison
Neither BEAM nor TWST has paid dividends to shareholders.
Drawdowns
BEAM vs. TWST - Drawdown Comparison
The maximum BEAM drawdown since its inception was -89.12%, smaller than the maximum TWST drawdown of -94.48%. Use the drawdown chart below to compare losses from any high point for BEAM and TWST.
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Volatility
BEAM vs. TWST - Volatility Comparison
Beam Therapeutics Inc. (BEAM) has a higher volatility of 24.72% compared to Twist Bioscience Corporation (TWST) at 21.27%. This indicates that BEAM's price experiences larger fluctuations and is considered to be riskier than TWST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
BEAM vs. TWST - Financials Comparison
This section allows you to compare key financial metrics between Beam Therapeutics Inc. and Twist Bioscience 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