CFLT vs. DDOG
Compare and contrast key facts about Confluent, Inc. (CFLT) and Datadog, Inc. (DDOG).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CFLT or DDOG.
Correlation
The correlation between CFLT and DDOG is 0.67, 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
CFLT vs. DDOG - Performance Comparison
Key characteristics
CFLT:
0.44
DDOG:
0.63
CFLT:
1.18
DDOG:
1.07
CFLT:
1.15
DDOG:
1.14
CFLT:
0.34
DDOG:
0.51
CFLT:
1.12
DDOG:
2.21
CFLT:
24.11%
DDOG:
10.82%
CFLT:
61.17%
DDOG:
37.79%
CFLT:
-82.61%
DDOG:
-68.11%
CFLT:
-67.97%
DDOG:
-23.96%
Fundamentals
CFLT:
$10.28B
DDOG:
$53.31B
CFLT:
-$1.10
DDOG:
$0.55
CFLT:
0.70
DDOG:
0.98
CFLT:
$915.61M
DDOG:
$2.54B
CFLT:
$668.69M
DDOG:
$2.06B
CFLT:
-$378.27M
DDOG:
$89.06M
Returns By Period
In the year-to-date period, CFLT achieves a 28.12% return, which is significantly higher than DDOG's 23.13% return.
CFLT
28.12%
4.94%
10.75%
23.40%
N/A
N/A
DDOG
23.13%
10.34%
27.12%
22.03%
31.21%
N/A
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Risk-Adjusted Performance
CFLT vs. DDOG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Confluent, Inc. (CFLT) and Datadog, Inc. (DDOG). 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
CFLT vs. DDOG - Dividend Comparison
Neither CFLT nor DDOG has paid dividends to shareholders.
Drawdowns
CFLT vs. DDOG - Drawdown Comparison
The maximum CFLT drawdown since its inception was -82.61%, which is greater than DDOG's maximum drawdown of -68.11%. Use the drawdown chart below to compare losses from any high point for CFLT and DDOG. For additional features, visit the drawdowns tool.
Volatility
CFLT vs. DDOG - Volatility Comparison
Confluent, Inc. (CFLT) and Datadog, Inc. (DDOG) have volatilities of 15.29% and 15.40%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
CFLT vs. DDOG - Financials Comparison
This section allows you to compare key financial metrics between Confluent, Inc. and Datadog, 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