CFLT vs. NET
Compare and contrast key facts about Confluent, Inc. (CFLT) and Cloudflare, Inc. (NET).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CFLT or NET.
Correlation
The correlation between CFLT and NET 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. NET - Performance Comparison
Key characteristics
CFLT:
0.44
NET:
0.75
CFLT:
1.18
NET:
1.36
CFLT:
1.15
NET:
1.18
CFLT:
0.34
NET:
0.52
CFLT:
1.12
NET:
1.78
CFLT:
24.11%
NET:
20.20%
CFLT:
61.17%
NET:
48.27%
CFLT:
-82.61%
NET:
-82.58%
CFLT:
-67.97%
NET:
-48.13%
Fundamentals
CFLT:
$10.28B
NET:
$40.35B
CFLT:
-$1.10
NET:
-$0.27
CFLT:
0.70
NET:
2.35
CFLT:
$915.61M
NET:
$1.57B
CFLT:
$668.69M
NET:
$1.22B
CFLT:
-$378.27M
NET:
$81.56M
Returns By Period
In the year-to-date period, CFLT achieves a 28.12% return, which is significantly lower than NET's 35.35% return.
CFLT
28.12%
4.94%
10.75%
23.40%
N/A
N/A
NET
35.35%
16.81%
44.59%
32.81%
44.21%
N/A
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Risk-Adjusted Performance
CFLT vs. NET - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Confluent, Inc. (CFLT) and Cloudflare, Inc. (NET). 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. NET - Dividend Comparison
Neither CFLT nor NET has paid dividends to shareholders.
Drawdowns
CFLT vs. NET - Drawdown Comparison
The maximum CFLT drawdown since its inception was -82.61%, roughly equal to the maximum NET drawdown of -82.58%. Use the drawdown chart below to compare losses from any high point for CFLT and NET. For additional features, visit the drawdowns tool.
Volatility
CFLT vs. NET - Volatility Comparison
Confluent, Inc. (CFLT) and Cloudflare, Inc. (NET) have volatilities of 15.29% and 14.94%, 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. NET - Financials Comparison
This section allows you to compare key financial metrics between Confluent, Inc. and Cloudflare, 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