CECO vs. INCY
CECO (CECO Environmental Corp.) and INCY (Incyte Corporation) are both stocks. CECO operates in Pollution & Treatment Controls (Industrials), while INCY operates in Biotechnology (Healthcare). Over the past 10 years, CECO returned 22.48%/yr vs 3.00%/yr for INCY. Their 0.11 correlation means their historical movements had little consistent relationship.
Performance
CECO vs. INCY - Performance Comparison
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Returns By Period
In the year-to-date period, CECO achieves a 10.09% return, which is significantly lower than INCY's 21.01% return. Over the past 10 years, CECO has outperformed INCY with an annualized return of 22.48%, while INCY has yielded a comparatively lower 3.00% annualized return.
CECO
- 1D
- 0.53%
- 1M
- -19.79%
- 6M
- -2.28%
- YTD
- 10.09%
- 1Y
- 46.00%
- 3Y*
- 76.27%
- 5Y*
- 56.40%
- 10Y*
- 22.48%
- ALL TIME*
- 10.14%
INCY
- 1D
- -2.82%
- 1M
- 2.28%
- 6M
- 19.44%
- YTD
- 21.01%
- 1Y
- 58.12%
- 3Y*
- 23.35%
- 5Y*
- 9.09%
- 10Y*
- 3.00%
- ALL TIME*
- 13.53%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $75.05M | $66.56M | $78.21M | |
| $274.43M | $232.80M | $198.80M |
CECO vs. INCY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CECO CECO Environmental Corp. | 10.09% | 97.98% | 49.06% | 73.63% | 87.48% | -10.49% | -9.14% | 13.48% | 31.58% | -62.30% |
INCY Incyte Corporation | 21.01% | 43.00% | 10.00% | -21.83% | 9.43% | -15.61% | -0.39% | 37.32% | -32.86% | -5.55% |
Correlation
The correlation between CECO and INCY is 0.09, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.09 |
Correlation (3Y) Balances recent behavior with more history. | 0.12 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.16 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.14 |
Correlation (All Time) Calculated using the full available price history since Nov 4, 1993 | 0.11 |
Fundamentals
CECO:
$2.36B
INCY:
$24.23B
CECO:
$0.47
INCY:
$7.85
CECO:
141.00
INCY:
15.22
CECO:
0.40
INCY:
0.02
CECO:
2.97
INCY:
4.22
CECO:
7.76
INCY:
3.92
CECO:
$812.38M
INCY:
$5.82B
CECO:
$278.45M
INCY:
$5.39B
CECO:
$77.75M
INCY:
$2.04B
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Return for Risk
CECO vs. INCY — Risk / Return Rank
CECO
INCY
CECO vs. INCY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CECO Environmental Corp. (CECO) and Incyte Corporation (INCY). 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.
| CECO | INCY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.06 | ||
| Sortino ratioReturn per unit of downside risk | -1.18 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.32 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.17 | 3.27 | -2.10 |
| Martin ratioReturn relative to average drawdown | 3.56 | 7.23 | -3.68 |
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Drawdowns
CECO vs. INCY - Drawdown Comparison
The maximum CECO drawdown since its inception was -90.64%, smaller than the maximum INCY drawdown of -98.54%. Use the drawdown chart below to compare losses from any high point for CECO and INCY.
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Drawdown Indicators
| CECO | INCY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.64% | -98.54% | +7.90% |
Max Drawdown (1Y)Largest decline over 1 year | -39.98% | -18.33% | -21.65% |
Max Drawdown (3Y)Largest decline over 3 years | -47.93% | -33.83% | -14.10% |
Max Drawdown (5Y)Largest decline over 5 years | -47.93% | -40.50% | -7.43% |
Max Drawdown (10Y)Largest decline over 10 years | -74.13% | -66.47% | -7.66% |
Current DrawdownCurrent decline from peak | -33.89% | -21.71% | -12.18% |
Average DrawdownAverage peak-to-trough decline | -46.13% | -59.75% | +13.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.13% | 8.26% | +4.87% |
Volatility
CECO vs. INCY - Volatility Comparison
CECO Environmental Corp. (CECO) has a higher volatility of 20.71% compared to Incyte Corporation (INCY) at 11.85%. This indicates that CECO's price experiences larger fluctuations and is considered to be riskier than INCY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CECO | INCY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.71% | 11.85% | +8.86% |
Volatility (6M)Calculated over the trailing 6-month period | 54.97% | 24.86% | +30.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 63.15% | 33.44% | +29.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.89% | 30.10% | +22.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.43% | 34.35% | +18.08% |
Dividends
CECO vs. INCY - Dividend Comparison
Neither CECO nor INCY has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CECO CECO Environmental Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 4.39% | 1.89% | 3.44% |
INCY Incyte Corporation | 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
CECO vs. INCY - Financials Comparison
This section allows you to compare key financial metrics between CECO Environmental Corp. and Incyte 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
CECO vs. INCY - Profitability Comparison
CECO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, CECO Environmental Corp. reported a gross profit of 75.38M and revenue of 214.69M. Therefore, the gross margin over that period was 35.1%.
INCY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Incyte Corporation reported a gross profit of 1.57B and revenue of 1.67B. Therefore, the gross margin over that period was 93.7%.
CECO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, CECO Environmental Corp. reported an operating income of 16.53M and revenue of 214.69M, resulting in an operating margin of 7.7%.
INCY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Incyte Corporation reported an operating income of 697.90M and revenue of 1.67B, resulting in an operating margin of 41.7%.
CECO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, CECO Environmental Corp. reported a net income of 3.06M and revenue of 214.69M, resulting in a net margin of 1.4%.
INCY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Incyte Corporation reported a net income of 585.61M and revenue of 1.67B, resulting in a net margin of 35.0%.
Frequently Asked Questions
CECO and INCY have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CECO has higher volatility (20.71%) compared to INCY (11.85%). In terms of maximum drawdown, CECO dropped -90.64% vs INCY's -98.54%.
INCY currently has the higher Sharpe Ratio (1.80 vs 0.74), 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.
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