BYIT.L vs. META
Compare and contrast key facts about Bytes Technology Ltd (BYIT.L) and Meta Platforms, Inc. (META).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BYIT.L or META.
Correlation
The correlation between BYIT.L and META is 0.28, 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.
Performance
BYIT.L vs. META - Performance Comparison
Key characteristics
BYIT.L:
-0.81
META:
1.77
BYIT.L:
-1.01
META:
2.27
BYIT.L:
0.87
META:
1.31
BYIT.L:
-0.73
META:
2.92
BYIT.L:
-1.24
META:
8.84
BYIT.L:
21.31%
META:
6.08%
BYIT.L:
32.35%
META:
30.43%
BYIT.L:
-36.38%
META:
-76.74%
BYIT.L:
-29.52%
META:
0.00%
Fundamentals
BYIT.L:
£1.14B
META:
$1.82T
BYIT.L:
£0.21
META:
$23.83
BYIT.L:
21.98
META:
30.21
BYIT.L:
£203.79M
META:
$164.50B
BYIT.L:
£150.04M
META:
$134.34B
BYIT.L:
£70.22M
META:
$81.63B
Returns By Period
In the year-to-date period, BYIT.L achieves a 5.58% return, which is significantly lower than META's 22.94% return.
BYIT.L
5.58%
7.57%
-5.80%
-27.93%
N/A
N/A
META
22.94%
16.88%
36.43%
54.09%
27.78%
25.38%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
BYIT.L vs. META — Risk-Adjusted Performance Rank
BYIT.L
META
BYIT.L vs. META - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bytes Technology Ltd (BYIT.L) and Meta Platforms, Inc. (META). 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.
Dividends
BYIT.L vs. META - Dividend Comparison
BYIT.L's dividend yield for the trailing twelve months is around 2.64%, more than META's 0.28% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
BYIT.L Bytes Technology Ltd | 2.64% | 2.79% | 1.67% | 1.71% | 0.35% |
META Meta Platforms, Inc. | 0.28% | 0.34% | 0.00% | 0.00% | 0.00% |
Drawdowns
BYIT.L vs. META - Drawdown Comparison
The maximum BYIT.L drawdown since its inception was -36.38%, smaller than the maximum META drawdown of -76.74%. Use the drawdown chart below to compare losses from any high point for BYIT.L and META. For additional features, visit the drawdowns tool.
Volatility
BYIT.L vs. META - Volatility Comparison
Bytes Technology Ltd (BYIT.L) has a higher volatility of 8.67% compared to Meta Platforms, Inc. (META) at 4.72%. This indicates that BYIT.L's price experiences larger fluctuations and is considered to be riskier than META based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
BYIT.L vs. META - Financials Comparison
This section allows you to compare key financial metrics between Bytes Technology Ltd and Meta Platforms, 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