CNC vs. HCA
Compare and contrast key facts about Centene Corporation (CNC) and HCA Healthcare, Inc. (HCA).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CNC or HCA.
Key characteristics
| CNC | HCA | |
|---|---|---|
| YTD Return | -21.03% | 30.24% |
| 1Y Return | -18.77% | 53.63% |
| 3Y Return (Ann) | -8.28% | 13.72% |
| 5Y Return (Ann) | 1.41% | 22.22% |
| 10Y Return (Ann) | 9.29% | 19.54% |
| Sharpe Ratio | -0.62 | 2.07 |
| Sortino Ratio | -0.70 | 2.51 |
| Omega Ratio | 0.91 | 1.37 |
| Calmar Ratio | -0.46 | 2.15 |
| Martin Ratio | -1.79 | 11.85 |
| Ulcer Index | 10.30% | 4.37% |
| Daily Std Dev | 29.78% | 25.05% |
| Max Drawdown | -64.42% | -54.74% |
| Current Drawdown | -39.72% | -15.64% |
Fundamentals
| CNC | HCA | |
|---|---|---|
| Market Cap | $29.59B | $88.79B |
| EPS | $5.79 | $22.27 |
| PE Ratio | 10.12 | 15.74 |
| PEG Ratio | 0.62 | 1.14 |
| Total Revenue (TTM) | $161.73B | $69.62B |
| Gross Profit (TTM) | $20.97B | $34.84B |
| EBITDA (TTM) | $4.18B | $13.79B |
Correlation
The correlation between CNC and HCA is 0.40, 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
CNC vs. HCA - Performance Comparison
In the year-to-date period, CNC achieves a -21.03% return, which is significantly lower than HCA's 30.24% return. Over the past 10 years, CNC has underperformed HCA with an annualized return of 9.29%, while HCA has yielded a comparatively higher 19.54% 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
CNC vs. HCA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Centene Corporation (CNC) and HCA Healthcare, Inc. (HCA). 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
CNC vs. HCA - Dividend Comparison
CNC has not paid dividends to shareholders, while HCA's dividend yield for the trailing twelve months is around 0.74%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
CNC Centene Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HCA HCA Healthcare, Inc. | 0.74% | 0.89% | 0.93% | 0.75% | 0.47% | 1.08% | 1.12% |
Drawdowns
CNC vs. HCA - Drawdown Comparison
The maximum CNC drawdown since its inception was -64.42%, which is greater than HCA's maximum drawdown of -54.74%. Use the drawdown chart below to compare losses from any high point for CNC and HCA. For additional features, visit the drawdowns tool.
Volatility
CNC vs. HCA - Volatility Comparison
Centene Corporation (CNC) has a higher volatility of 15.04% compared to HCA Healthcare, Inc. (HCA) at 12.30%. This indicates that CNC's price experiences larger fluctuations and is considered to be riskier than HCA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
CNC vs. HCA - Financials Comparison
This section allows you to compare key financial metrics between Centene Corporation and HCA Healthcare, 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