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CCOI vs. ARCC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between CCOI and ARCC is 0.30, 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.


-0.50.00.51.00.3

Performance

CCOI vs. ARCC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cogent Communications Holdings, Inc. (CCOI) and Ares Capital Corporation (ARCC). The values are adjusted to include any dividend payments, if applicable.

0.00%20.00%40.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
45.67%
6.38%
CCOI
ARCC

Key characteristics

Sharpe Ratio

CCOI:

0.26

ARCC:

1.39

Sortino Ratio

CCOI:

0.57

ARCC:

1.97

Omega Ratio

CCOI:

1.07

ARCC:

1.25

Calmar Ratio

CCOI:

0.24

ARCC:

2.31

Martin Ratio

CCOI:

0.54

ARCC:

9.65

Ulcer Index

CCOI:

15.46%

ARCC:

1.67%

Daily Std Dev

CCOI:

32.14%

ARCC:

11.56%

Max Drawdown

CCOI:

-96.52%

ARCC:

-79.36%

Current Drawdown

CCOI:

-11.83%

ARCC:

-3.97%

Fundamentals

Market Cap

CCOI:

$3.64B

ARCC:

$13.76B

EPS

CCOI:

$0.69

ARCC:

$2.60

PE Ratio

CCOI:

107.51

ARCC:

8.19

PEG Ratio

CCOI:

85.89

ARCC:

3.95

Total Revenue (TTM)

CCOI:

$1.06B

ARCC:

$2.46B

Gross Profit (TTM)

CCOI:

$181.98M

ARCC:

$2.10B

EBITDA (TTM)

CCOI:

$360.64M

ARCC:

$1.13B

Returns By Period

In the year-to-date period, CCOI achieves a 3.42% return, which is significantly lower than ARCC's 14.47% return. Both investments have delivered pretty close results over the past 10 years, with CCOI having a 13.06% annualized return and ARCC not far ahead at 13.14%.


CCOI

YTD

3.42%

1M

-6.03%

6M

42.70%

1Y

7.83%

5Y*

8.09%

10Y*

13.06%

ARCC

YTD

14.47%

1M

-1.36%

6M

6.33%

1Y

16.27%

5Y*

12.68%

10Y*

13.14%

Compare stocks, funds, or ETFs

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Risk-Adjusted Performance

CCOI vs. ARCC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Cogent Communications Holdings, Inc. (CCOI) and Ares Capital Corporation (ARCC). 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 CCOI, currently valued at 0.26, compared to the broader market-4.00-2.000.002.000.261.39
The chart of Sortino ratio for CCOI, currently valued at 0.57, compared to the broader market-4.00-2.000.002.004.000.571.97
The chart of Omega ratio for CCOI, currently valued at 1.07, compared to the broader market0.501.001.502.001.071.25
The chart of Calmar ratio for CCOI, currently valued at 0.24, compared to the broader market0.002.004.006.000.242.31
The chart of Martin ratio for CCOI, currently valued at 0.54, compared to the broader market0.0010.0020.000.549.65
CCOI
ARCC

The current CCOI Sharpe Ratio is 0.26, which is lower than the ARCC Sharpe Ratio of 1.39. The chart below compares the historical Sharpe Ratios of CCOI and ARCC, 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-0.500.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.26
1.39
CCOI
ARCC

Dividends

CCOI vs. ARCC - Dividend Comparison

CCOI's dividend yield for the trailing twelve months is around 5.27%, less than ARCC's 9.18% yield.


TTM20232022202120202019201820172016201520142013
CCOI
Cogent Communications Holdings, Inc.
5.27%4.94%6.23%4.33%4.64%3.71%4.69%3.97%3.65%4.21%3.31%1.88%
ARCC
Ares Capital Corporation
9.18%9.59%10.12%7.65%9.47%9.01%9.88%9.67%9.22%11.02%10.06%8.84%

Drawdowns

CCOI vs. ARCC - Drawdown Comparison

The maximum CCOI drawdown since its inception was -96.52%, which is greater than ARCC's maximum drawdown of -79.36%. Use the drawdown chart below to compare losses from any high point for CCOI and ARCC. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-11.83%
-3.97%
CCOI
ARCC

Volatility

CCOI vs. ARCC - Volatility Comparison

Cogent Communications Holdings, Inc. (CCOI) has a higher volatility of 7.07% compared to Ares Capital Corporation (ARCC) at 3.01%. This indicates that CCOI's price experiences larger fluctuations and is considered to be riskier than ARCC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
7.07%
3.01%
CCOI
ARCC

Financials

CCOI vs. ARCC - Financials Comparison

This section allows you to compare key financial metrics between Cogent Communications Holdings, Inc. and Ares Capital 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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