CCRN vs. ADEA

Last updated Jun 23, 2026

CCRN (Cross Country Healthcare, Inc.) and ADEA (Adeia Inc) are both stocks. CCRN operates in Medical Care Facilities (Healthcare), while ADEA operates in Software - Application (Technology). Over the past 10 years, CCRN returned -0.27%/yr vs 17.41%/yr for ADEA. At a 0.31 correlation, their price movements are largely independent.

Performance

CCRN vs. ADEA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cross Country Healthcare, Inc. (CCRN) and Adeia Inc (ADEA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CCRN achieves a 62.59% return, which is significantly lower than ADEA's 85.16% return. Over the past 10 years, CCRN has underperformed ADEA with an annualized return of -0.27%, while ADEA has yielded a comparatively higher 17.41% annualized return.

CCRN

• 1D: 0.00%
• 1M: 0.92%
• YTD: 62.59%
• 6M: 65.45%
• 1Y: -6.13%
• 3Y*: -20.79%
• 5Y*: -5.69%
• 10Y*: -0.27%

ADEA

• 1D: 0.00%
• 1M: 18.65%
• YTD: 85.16%
• 6M: 91.60%
• 1Y: 134.18%
• 3Y*: 47.53%
• 5Y*: 42.80%
• 10Y*: 17.41%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CCRN vs. ADEA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CCRN Cross Country Healthcare, Inc.	62.59%	-55.40%	-19.79%	-14.79%	-4.29%	212.97%	-23.67%	58.53%	-42.55%	-18.26%
ADEA Adeia Inc	85.16%	25.22%	14.75%	33.53%	92.17%	-8.65%	16.55%	4.53%	-21.13%	-43.16%

Correlation

The correlation between CCRN and ADEA is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.22
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (5Y) Calculated over the trailing 5-year period	0.27
Correlation (10Y) Calculated over the trailing 10-year period	0.26
Correlation (All Time) Calculated using the full available price history since Nov 20, 2003	0.31

Fundamentals

Market Cap CCRN : $414.46M ADEA : $3.63B
EPS CCRN : -$3.06 ADEA : $1.08
PS Ratio CCRN : 0.56 ADEA : 7.81
PB Ratio CCRN : 1.32 ADEA : 7.79
Total Revenue (TTM) CCRN : $760.89M ADEA : $460.49M
Gross Profit (TTM) CCRN : $138.12M ADEA : $312.21M
EBITDA (TTM) CCRN : $9.42M ADEA : $235.56M

Return for Risk

CCRN vs. ADEA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CCRN

CCRN Risk / Return Rank: 38
CCRN Sharpe Ratio Rank: 38
CCRN Sortino Ratio Rank: 37
CCRN Omega Ratio Rank: 38
CCRN Calmar Ratio Rank: 38
CCRN Martin Ratio Rank: 38

ADEA

ADEA Risk / Return Rank: 89
ADEA Sharpe Ratio Rank: 90
ADEA Sortino Ratio Rank: 87
ADEA Omega Ratio Rank: 89
ADEA Calmar Ratio Rank: 88
ADEA Martin Ratio Rank: 89

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CCRN vs. ADEA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cross Country Healthcare, Inc. (CCRN) and Adeia Inc (ADEA). 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.

	CCRN	ADEA	Difference
Sharpe ratio: Return per unit of total volatility	-0.11	2.19	-2.30
Sortino ratio: Return per unit of downside risk	0.24	2.78	-2.54
Omega ratio: Gain probability vs. loss probability	1.03	1.41	-0.37
Calmar ratio: Return relative to maximum drawdown	-0.13	3.88	-4.01
Martin ratio: Return relative to average drawdown	-0.24	10.99	-11.24

CCRN vs. ADEA - Sharpe Ratio Comparison

The current CCRN Sharpe Ratio is -0.11, which is lower than the ADEA Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of CCRN and ADEA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CCRN vs. ADEA - Drawdown Comparison

The maximum CCRN drawdown since its inception was -90.04%, which is greater than ADEA's maximum drawdown of -80.75%. Use the drawdown chart below to compare losses from any high point for CCRN and ADEA.

Drawdown Indicators

	CCRN	ADEA	Difference
Max Drawdown Largest peak-to-trough decline	-90.04%	-80.75%	-9.29%
Max Drawdown (1Y) Largest decline over 1 year	-47.08%	-34.81%	-12.27%
Max Drawdown (3Y) Largest decline over 3 years	-73.43%	-34.81%	-38.62%
Max Drawdown (5Y) Largest decline over 5 years	-80.24%	-38.97%	-41.27%
Max Drawdown (10Y) Largest decline over 10 years	-80.24%	-73.66%	-6.58%
Current Drawdown Current decline from peak	-66.11%	-5.24%	-60.87%
Average Drawdown Average peak-to-trough decline	-64.46%	-37.80%	-26.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	25.26%	12.25%	+13.01%

Volatility

CCRN vs. ADEA - Volatility Comparison

The current volatility for Cross Country Healthcare, Inc. (CCRN) is 0.84%, while Adeia Inc (ADEA) has a volatility of 20.41%. This indicates that CCRN experiences smaller price fluctuations and is considered to be less risky than ADEA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CCRN	ADEA	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.84%	20.41%	-19.57%
Volatility (6M) Calculated over the trailing 6-month period	33.60%	49.87%	-16.27%
Volatility (1Y) Calculated over the trailing 1-year period	55.58%	61.86%	-6.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.02%	62.42%	-2.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.88%	56.49%	+0.39%

Dividends

CCRN vs. ADEA - Dividend Comparison

CCRN has not paid dividends to shareholders, while ADEA's dividend yield for the trailing twelve months is around 0.63%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ADEA Adeia Inc	0.63%	1.16%	1.43%	1.61%	0.95%	1.06%	2.39%	4.32%	4.35%	3.28%	1.81%	2.67%
CCRN Cross Country Healthcare, 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

Frequently Asked Questions

Can I hold both CCRN and ADEA in my portfolio?

CCRN and ADEA have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CCRN or ADEA?

ADEA has higher volatility (20.41%) compared to CCRN (0.84%). In terms of maximum drawdown, CCRN dropped -90.04% vs ADEA's -80.75%.

Which has better risk-adjusted returns?

ADEA currently has the higher Sharpe Ratio (2.19 vs -0.11), 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.