CODA vs. MRCY
Compare and contrast key facts about Coda Octopus Group, Inc. (CODA) and Mercury Systems, Inc. (MRCY).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CODA or MRCY.
Correlation
The correlation between CODA and MRCY is 0.12, 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
CODA vs. MRCY - Performance Comparison
Key characteristics
CODA:
0.11
MRCY:
1.69
CODA:
0.47
MRCY:
3.03
CODA:
1.05
MRCY:
1.35
CODA:
0.07
MRCY:
1.16
CODA:
0.27
MRCY:
9.31
CODA:
16.92%
MRCY:
8.86%
CODA:
39.42%
MRCY:
48.83%
CODA:
-99.44%
MRCY:
-96.20%
CODA:
-63.36%
MRCY:
-44.55%
Fundamentals
CODA:
$78.05M
MRCY:
$2.99B
CODA:
$0.34
MRCY:
-$1.54
CODA:
0.00
MRCY:
2.65
CODA:
3.71
MRCY:
3.37
CODA:
1.47
MRCY:
2.05
CODA:
$15.74M
MRCY:
$676.12M
CODA:
$10.78M
MRCY:
$174.52M
CODA:
$3.11M
MRCY:
$24.00M
Returns By Period
In the year-to-date period, CODA achieves a -11.24% return, which is significantly lower than MRCY's 22.52% return. Over the past 10 years, CODA has outperformed MRCY with an annualized return of 25.96%, while MRCY has yielded a comparatively lower 13.74% annualized return.
CODA
-11.24%
18.80%
-18.33%
3.73%
3.88%
25.96%
MRCY
22.52%
17.97%
55.09%
77.20%
-10.03%
13.74%
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Risk-Adjusted Performance
CODA vs. MRCY — Risk-Adjusted Performance Rank
CODA
MRCY
CODA vs. MRCY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Coda Octopus Group, Inc. (CODA) and Mercury Systems, Inc. (MRCY). 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
CODA vs. MRCY - Dividend Comparison
Neither CODA nor MRCY has paid dividends to shareholders.
Drawdowns
CODA vs. MRCY - Drawdown Comparison
The maximum CODA drawdown since its inception was -99.44%, roughly equal to the maximum MRCY drawdown of -96.20%. Use the drawdown chart below to compare losses from any high point for CODA and MRCY. For additional features, visit the drawdowns tool.
Volatility
CODA vs. MRCY - Volatility Comparison
Coda Octopus Group, Inc. (CODA) has a higher volatility of 14.37% compared to Mercury Systems, Inc. (MRCY) at 9.86%. This indicates that CODA's price experiences larger fluctuations and is considered to be riskier than MRCY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
CODA vs. MRCY - Financials Comparison
This section allows you to compare key financial metrics between Coda Octopus Group, Inc. and Mercury Systems, 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