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CET vs. ADX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CET and ADX is 0.59, 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.


Performance

CET vs. ADX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Central Securities Corp. (CET) and Adams Diversified Equity Fund, Inc. (ADX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

CET:

0.98

ADX:

0.78

Sortino Ratio

CET:

1.47

ADX:

1.27

Omega Ratio

CET:

1.21

ADX:

1.18

Calmar Ratio

CET:

0.96

ADX:

0.88

Martin Ratio

CET:

3.56

ADX:

3.15

Ulcer Index

CET:

4.15%

ADX:

5.10%

Daily Std Dev

CET:

14.62%

ADX:

19.70%

Max Drawdown

CET:

-56.65%

ADX:

-56.82%

Current Drawdown

CET:

-5.81%

ADX:

-5.70%

Returns By Period

In the year-to-date period, CET achieves a -0.70% return, which is significantly lower than ADX's -0.04% return. Over the past 10 years, CET has outperformed ADX with an annualized return of 12.73%, while ADX has yielded a comparatively lower 10.85% annualized return.


CET

YTD

-0.70%

1M

4.90%

6M

-3.55%

1Y

14.29%

5Y*

16.16%

10Y*

12.73%

ADX

YTD

-0.04%

1M

5.49%

6M

-1.40%

1Y

15.17%

5Y*

14.62%

10Y*

10.85%

*Annualized

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Risk-Adjusted Performance

CET vs. ADX — Risk-Adjusted Performance Rank

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

CET
The Risk-Adjusted Performance Rank of CET is 8181
Overall Rank
The Sharpe Ratio Rank of CET is 8484
Sharpe Ratio Rank
The Sortino Ratio Rank of CET is 7777
Sortino Ratio Rank
The Omega Ratio Rank of CET is 7979
Omega Ratio Rank
The Calmar Ratio Rank of CET is 8383
Calmar Ratio Rank
The Martin Ratio Rank of CET is 8282
Martin Ratio Rank

ADX
The Risk-Adjusted Performance Rank of ADX is 7777
Overall Rank
The Sharpe Ratio Rank of ADX is 7272
Sharpe Ratio Rank
The Sortino Ratio Rank of ADX is 7676
Sortino Ratio Rank
The Omega Ratio Rank of ADX is 7878
Omega Ratio Rank
The Calmar Ratio Rank of ADX is 8383
Calmar Ratio Rank
The Martin Ratio Rank of ADX is 7777
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CET vs. ADX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Central Securities Corp. (CET) and Adams Diversified Equity Fund, Inc. (ADX). 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.


The current CET Sharpe Ratio is 0.98, which is comparable to the ADX Sharpe Ratio of 0.78. The chart below compares the historical Sharpe Ratios of CET and ADX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

CET vs. ADX - Dividend Comparison

CET's dividend yield for the trailing twelve months is around 5.08%, less than ADX's 17.54% yield.


TTM20242023202220212020201920182017201620152014
CET
Central Securities Corp.
5.08%5.04%4.90%8.83%8.41%2.60%1.72%5.84%3.65%4.50%1.52%7.97%
ADX
Adams Diversified Equity Fund, Inc.
17.54%12.38%7.34%7.36%1.13%5.96%9.00%15.85%9.18%1.57%1.17%8.63%

Drawdowns

CET vs. ADX - Drawdown Comparison

The maximum CET drawdown since its inception was -56.65%, roughly equal to the maximum ADX drawdown of -56.82%. Use the drawdown chart below to compare losses from any high point for CET and ADX. For additional features, visit the drawdowns tool.


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Volatility

CET vs. ADX - Volatility Comparison


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