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CNET vs. CPD.TO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CNET and CPD.TO 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.


Performance

CNET vs. CPD.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ZW Data Action Technologies Inc. (CNET) and iShares S&P/TSX Canadian Preferred Share Index ETF (CPD.TO). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

CNET:

-0.56

CPD.TO:

1.71

Sortino Ratio

CNET:

-0.39

CPD.TO:

2.18

Omega Ratio

CNET:

0.95

CPD.TO:

1.37

Calmar Ratio

CNET:

-0.54

CPD.TO:

1.58

Martin Ratio

CNET:

-1.05

CPD.TO:

7.36

Ulcer Index

CNET:

50.84%

CPD.TO:

1.75%

Daily Std Dev

CNET:

104.15%

CPD.TO:

7.67%

Max Drawdown

CNET:

-99.60%

CPD.TO:

-40.92%

Current Drawdown

CNET:

-99.60%

CPD.TO:

-0.55%

Returns By Period

In the year-to-date period, CNET achieves a -21.67% return, which is significantly lower than CPD.TO's 2.74% return. Over the past 10 years, CNET has underperformed CPD.TO with an annualized return of -33.07%, while CPD.TO has yielded a comparatively higher 3.33% annualized return.


CNET

YTD

-21.67%

1M

-9.03%

6M

-9.03%

1Y

-58.03%

3Y*

-39.23%

5Y*

-40.13%

10Y*

-33.07%

CPD.TO

YTD

2.74%

1M

5.12%

6M

6.81%

1Y

12.88%

3Y*

6.24%

5Y*

9.97%

10Y*

3.33%

*Annualized

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Risk-Adjusted Performance

CNET vs. CPD.TO — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CNET
The Risk-Adjusted Performance Rank of CNET is 2323
Overall Rank
The Sharpe Ratio Rank of CNET is 2121
Sharpe Ratio Rank
The Sortino Ratio Rank of CNET is 2626
Sortino Ratio Rank
The Omega Ratio Rank of CNET is 2626
Omega Ratio Rank
The Calmar Ratio Rank of CNET is 1717
Calmar Ratio Rank
The Martin Ratio Rank of CNET is 2525
Martin Ratio Rank

CPD.TO
The Risk-Adjusted Performance Rank of CPD.TO is 9292
Overall Rank
The Sharpe Ratio Rank of CPD.TO is 9393
Sharpe Ratio Rank
The Sortino Ratio Rank of CPD.TO is 9191
Sortino Ratio Rank
The Omega Ratio Rank of CPD.TO is 9494
Omega Ratio Rank
The Calmar Ratio Rank of CPD.TO is 9090
Calmar Ratio Rank
The Martin Ratio Rank of CPD.TO is 9090
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CNET vs. CPD.TO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ZW Data Action Technologies Inc. (CNET) and iShares S&P/TSX Canadian Preferred Share Index ETF (CPD.TO). 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.


The current CNET Sharpe Ratio is -0.56, which is lower than the CPD.TO Sharpe Ratio of 1.71. The chart below compares the historical Sharpe Ratios of CNET and CPD.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

CNET vs. CPD.TO - Dividend Comparison

CNET has not paid dividends to shareholders, while CPD.TO's dividend yield for the trailing twelve months is around 5.65%.


TTM20242023202220212020201920182017201620152014
CNET
ZW Data Action Technologies Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
CPD.TO
iShares S&P/TSX Canadian Preferred Share Index ETF
5.65%5.11%5.88%5.53%4.17%4.96%5.02%4.74%4.33%4.85%5.44%4.60%

Drawdowns

CNET vs. CPD.TO - Drawdown Comparison

The maximum CNET drawdown since its inception was -99.60%, which is greater than CPD.TO's maximum drawdown of -40.92%. Use the drawdown chart below to compare losses from any high point for CNET and CPD.TO. For additional features, visit the drawdowns tool.


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Volatility

CNET vs. CPD.TO - Volatility Comparison

ZW Data Action Technologies Inc. (CNET) has a higher volatility of 12.03% compared to iShares S&P/TSX Canadian Preferred Share Index ETF (CPD.TO) at 1.56%. This indicates that CNET's price experiences larger fluctuations and is considered to be riskier than CPD.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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