PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
CFLT vs. IONQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between CFLT and IONQ is 0.48, 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.


-0.50.00.51.00.5

Performance

CFLT vs. IONQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Confluent, Inc. (CFLT) and IonQ, Inc. (IONQ). The values are adjusted to include any dividend payments, if applicable.

-100.00%0.00%100.00%200.00%300.00%JulyAugustSeptemberOctoberNovemberDecember
-33.41%
331.26%
CFLT
IONQ

Key characteristics

Sharpe Ratio

CFLT:

0.44

IONQ:

2.43

Sortino Ratio

CFLT:

1.18

IONQ:

3.06

Omega Ratio

CFLT:

1.15

IONQ:

1.35

Calmar Ratio

CFLT:

0.34

IONQ:

2.94

Martin Ratio

CFLT:

1.12

IONQ:

6.91

Ulcer Index

CFLT:

24.11%

IONQ:

33.53%

Daily Std Dev

CFLT:

61.17%

IONQ:

95.54%

Max Drawdown

CFLT:

-82.61%

IONQ:

-90.00%

Current Drawdown

CFLT:

-67.97%

IONQ:

0.00%

Fundamentals

Market Cap

CFLT:

$10.28B

IONQ:

$9.49B

EPS

CFLT:

-$1.10

IONQ:

-$0.82

Total Revenue (TTM)

CFLT:

$915.61M

IONQ:

$37.47M

Gross Profit (TTM)

CFLT:

$668.69M

IONQ:

$14.45M

EBITDA (TTM)

CFLT:

-$378.27M

IONQ:

-$192.74M

Returns By Period

In the year-to-date period, CFLT achieves a 28.12% return, which is significantly lower than IONQ's 258.51% return.


CFLT

YTD

28.12%

1M

4.94%

6M

10.75%

1Y

23.40%

5Y*

N/A

10Y*

N/A

IONQ

YTD

258.51%

1M

53.92%

6M

557.10%

1Y

222.12%

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

CFLT vs. IONQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Confluent, Inc. (CFLT) and IonQ, Inc. (IONQ). 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 CFLT, currently valued at 0.44, compared to the broader market-4.00-2.000.002.000.442.43
The chart of Sortino ratio for CFLT, currently valued at 1.18, compared to the broader market-4.00-2.000.002.004.001.183.06
The chart of Omega ratio for CFLT, currently valued at 1.15, compared to the broader market0.501.001.502.001.151.35
The chart of Calmar ratio for CFLT, currently valued at 0.34, compared to the broader market0.002.004.006.000.342.94
The chart of Martin ratio for CFLT, currently valued at 1.12, compared to the broader market-5.000.005.0010.0015.0020.0025.001.126.91
CFLT
IONQ

The current CFLT Sharpe Ratio is 0.44, which is lower than the IONQ Sharpe Ratio of 2.43. The chart below compares the historical Sharpe Ratios of CFLT and IONQ, 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-1.00-0.500.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.44
2.43
CFLT
IONQ

Dividends

CFLT vs. IONQ - Dividend Comparison

Neither CFLT nor IONQ has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

CFLT vs. IONQ - Drawdown Comparison

The maximum CFLT drawdown since its inception was -82.61%, smaller than the maximum IONQ drawdown of -90.00%. Use the drawdown chart below to compare losses from any high point for CFLT and IONQ. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-67.97%
0
CFLT
IONQ

Volatility

CFLT vs. IONQ - Volatility Comparison

The current volatility for Confluent, Inc. (CFLT) is 15.29%, while IonQ, Inc. (IONQ) has a volatility of 44.42%. This indicates that CFLT experiences smaller price fluctuations and is considered to be less risky than IONQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
15.29%
44.42%
CFLT
IONQ

Financials

CFLT vs. IONQ - Financials Comparison

This section allows you to compare key financial metrics between Confluent, Inc. and IonQ, 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


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.

Copyright © 2024 PortfoliosLab