CNMD vs. CUK
CNMD (CONMED Corporation) and CUK (Carnival Corporation & Plc) are both stocks. CNMD operates in Medical Devices (Healthcare), while CUK operates in Leisure (Consumer Cyclical). Over the past 10 years, CNMD returned -0.82%/yr vs -4.76%/yr for CUK. At a 0.33 correlation, their price movements are largely independent.
Performance
CNMD vs. CUK - Performance Comparison
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Returns By Period
In the year-to-date period, CNMD achieves a -13.47% return, which is significantly lower than CUK's -9.01% return. Over the past 10 years, CNMD has outperformed CUK with an annualized return of -0.82%, while CUK has yielded a comparatively lower -4.76% annualized return.
CNMD
- 1D
- 6.26%
- 1M
- -4.12%
- YTD
- -13.47%
- 6M
- -20.59%
- 1Y
- -37.44%
- 3Y*
- -34.02%
- 5Y*
- -22.95%
- 10Y*
- -0.82%
CUK
- 1D
- 0.00%
- 1M
- 6.56%
- YTD
- -9.01%
- 6M
- 16.25%
- 1Y
- 28.60%
- 3Y*
- 42.64%
- 5Y*
- 3.60%
- 10Y*
- -4.76%
CNMD vs. CUK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CNMD CONMED Corporation | -13.47% | -40.03% | -36.84% | 24.45% | -36.98% | 27.35% | 1.16% | 75.71% | 27.39% | 17.33% |
CUK Carnival Corporation & Plc | -9.01% | 34.74% | 33.51% | 134.49% | -61.11% | -1.33% | -60.61% | 3.06% | -24.18% | 32.81% |
Correlation
The correlation between CNMD and CUK is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Oct 24, 2000 | 0.33 |
Fundamentals
CNMD:
$1.08B
CUK:
$38.24B
CNMD:
$1.77
CUK:
$2.21
CNMD:
19.82
CUK:
12.41
CNMD:
0.79
CUK:
1.42
CNMD:
$1.37B
CUK:
$26.98B
CNMD:
$756.17M
CUK:
$10.13B
CNMD:
$188.54M
CUK:
$7.23B
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Return for Risk
CNMD vs. CUK — Risk / Return Rank
CNMD
CUK
CNMD vs. CUK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CONMED Corporation (CNMD) and Carnival Corporation & Plc (CUK). 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.
| CNMD | CUK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.10 | ||
| Sortino ratioReturn per unit of downside risk | -3.27 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 1.23 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | -0.86 | 1.87 | -2.72 |
| Martin ratioReturn relative to average drawdown | -1.39 | 4.28 | -5.67 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CNMD | CUK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.96 | 1.14 | -2.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.58 | 0.07 | -0.65 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.02 | -0.08 | +0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.10 | +0.13 |
Drawdowns
CNMD vs. CUK - Drawdown Comparison
The maximum CNMD drawdown since its inception was -78.13%, smaller than the maximum CUK drawdown of -91.43%. Use the drawdown chart below to compare losses from any high point for CNMD and CUK.
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Drawdown Indicators
| CNMD | CUK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.13% | -91.43% | +13.30% |
Max Drawdown (1Y)Largest decline over 1 year | -43.90% | -28.85% | -15.05% |
Max Drawdown (3Y)Largest decline over 3 years | -75.14% | -43.10% | -32.04% |
Max Drawdown (5Y)Largest decline over 5 years | -78.13% | -78.96% | +0.83% |
Max Drawdown (10Y)Largest decline over 10 years | -78.13% | -91.43% | +13.30% |
Current DrawdownCurrent decline from peak | -76.76% | -58.08% | -18.68% |
Average DrawdownAverage peak-to-trough decline | -26.37% | -32.70% | +6.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.92% | 12.57% | +14.35% |
Volatility
CNMD vs. CUK - Volatility Comparison
The current volatility for CONMED Corporation (CNMD) is 12.14%, while Carnival Corporation & Plc (CUK) has a volatility of 14.78%. This indicates that CNMD experiences smaller price fluctuations and is considered to be less risky than CUK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CNMD | CUK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.14% | 14.78% | -2.64% |
Volatility (6M)Calculated over the trailing 6-month period | 29.35% | 38.57% | -9.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.07% | 47.34% | -8.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.42% | 55.15% | -15.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.18% | 57.23% | -18.05% |
Dividends
CNMD vs. CUK - Dividend Comparison
CNMD's dividend yield for the trailing twelve months is around 1.14%, more than CUK's 0.55% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNMD CONMED Corporation | 1.14% | 1.48% | 1.17% | 0.73% | 0.90% | 0.56% | 0.71% | 0.72% | 1.25% | 1.57% | 1.81% | 1.82% |
CUK Carnival Corporation & Plc | 0.55% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.67% | 4.15% | 4.00% | 2.41% | 2.64% | 1.93% |
Financials
CNMD vs. CUK - Financials Comparison
This section allows you to compare key financial metrics between CONMED Corporation and Carnival Corporation & Plc. 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
CNMD vs. CUK - Profitability Comparison
CNMD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CONMED Corporation reported a gross profit of 183.45M and revenue of 317.05M. Therefore, the gross margin over that period was 57.9%.
CUK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Carnival Corporation & Plc reported a gross profit of 2.23B and revenue of 6.17B. Therefore, the gross margin over that period was 36.1%.
CNMD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CONMED Corporation reported an operating income of 27.43M and revenue of 317.05M, resulting in an operating margin of 8.7%.
CUK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Carnival Corporation & Plc reported an operating income of 607.00M and revenue of 6.17B, resulting in an operating margin of 9.9%.
CNMD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CONMED Corporation reported a net income of 13.83M and revenue of 317.05M, resulting in a net margin of 4.4%.
CUK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Carnival Corporation & Plc reported a net income of 258.00M and revenue of 6.17B, resulting in a net margin of 4.2%.
Frequently Asked Questions
CNMD and CUK have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CUK has higher volatility (14.78%) compared to CNMD (12.14%). In terms of maximum drawdown, CNMD dropped -78.13% vs CUK's -91.43%.
CUK currently has the higher Sharpe Ratio (1.14 vs -0.96), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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