CIEN vs. ERIC
Compare and contrast key facts about Ciena Corporation (CIEN) and Telefonaktiebolaget LM Ericsson (publ) (ERIC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CIEN or ERIC.
Key characteristics
| CIEN | ERIC | |
|---|---|---|
| YTD Return | 54.97% | 32.32% |
| 1Y Return | 50.36% | 71.17% |
| 3Y Return (Ann) | 4.27% | -5.86% |
| 5Y Return (Ann) | 12.94% | 0.56% |
| 10Y Return (Ann) | 16.70% | -1.27% |
| Sharpe Ratio | 1.44 | 2.50 |
| Sortino Ratio | 1.88 | 3.38 |
| Omega Ratio | 1.28 | 1.43 |
| Calmar Ratio | 0.55 | 0.79 |
| Martin Ratio | 3.34 | 8.51 |
| Ulcer Index | 15.78% | 8.65% |
| Daily Std Dev | 36.71% | 29.50% |
| Max Drawdown | -99.51% | -98.60% |
| Current Drawdown | -93.33% | -88.72% |
Fundamentals
| CIEN | ERIC | |
|---|---|---|
| Market Cap | $10.24B | $27.21B |
| EPS | $0.94 | -$0.04 |
| PEG Ratio | 0.77 | 3.53 |
| Total Revenue (TTM) | $2.89B | $246.85B |
| Gross Profit (TTM) | $1.17B | $106.81B |
| EBITDA (TTM) | $229.07M | $43.67B |
Correlation
The correlation between CIEN and ERIC is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CIEN vs. ERIC - Performance Comparison
In the year-to-date period, CIEN achieves a 54.97% return, which is significantly higher than ERIC's 32.32% return. Over the past 10 years, CIEN has outperformed ERIC with an annualized return of 16.70%, while ERIC has yielded a comparatively lower -1.27% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
CIEN vs. ERIC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ciena Corporation (CIEN) and Telefonaktiebolaget LM Ericsson (publ) (ERIC). 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
CIEN vs. ERIC - Dividend Comparison
CIEN has not paid dividends to shareholders, while ERIC's dividend yield for the trailing twelve months is around 3.28%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CIEN Ciena 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% |
ERIC Telefonaktiebolaget LM Ericsson (publ) | 3.28% | 4.05% | 4.27% | 2.18% | 1.36% | 1.24% | 1.42% | 1.68% | 7.36% | 4.10% | 3.82% | 3.54% |
Drawdowns
CIEN vs. ERIC - Drawdown Comparison
The maximum CIEN drawdown since its inception was -99.51%, roughly equal to the maximum ERIC drawdown of -98.60%. Use the drawdown chart below to compare losses from any high point for CIEN and ERIC. For additional features, visit the drawdowns tool.
Volatility
CIEN vs. ERIC - Volatility Comparison
Ciena Corporation (CIEN) has a higher volatility of 8.98% compared to Telefonaktiebolaget LM Ericsson (publ) (ERIC) at 5.79%. This indicates that CIEN's price experiences larger fluctuations and is considered to be riskier than ERIC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
CIEN vs. ERIC - Financials Comparison
This section allows you to compare key financial metrics between Ciena Corporation and Telefonaktiebolaget LM Ericsson (publ). 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