CON vs. FWRD
CON (Concentra Group Holdings Parent, Inc) and FWRD (Forward Air Corporation) are both stocks. CON operates in Medical Care Facilities (Healthcare), while FWRD operates in Integrated Freight & Logistics (Industrials). Over the past year, CON returned 60.23% vs -53.77% for FWRD. Their 0.24 correlation means their historical movements had little consistent relationship.
Performance
CON vs. FWRD - Performance Comparison
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Returns By Period
In the year-to-date period, CON achieves a 61.66% return, which is significantly higher than FWRD's -43.80% return.
CON
- 1D
- 0.09%
- 1M
- 2.86%
- 6M
- 43.44%
- YTD
- 61.66%
- 1Y
- 60.23%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 20.96%
FWRD
- 1D
- -0.99%
- 1M
- -0.28%
- 6M
- -49.61%
- YTD
- -43.80%
- 1Y
- -53.77%
- 3Y*
- -50.75%
- 5Y*
- -30.43%
- 10Y*
- -10.39%
- ALL TIME*
- 6.63%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $24.48M | $26.79M | $27.28M | |
| $13.52M | $10.52M | $17.25M |
CON vs. FWRD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
CON Concentra Group Holdings Parent, Inc | 61.66% | 0.64% | -9.81% |
FWRD Forward Air Corporation | -43.80% | -22.48% | 27.47% |
Correlation
The correlation between CON and FWRD is 0.25, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.25 |
Correlation (All Time) Calculated using the full available price history since Jul 25, 2024 | 0.24 |
Fundamentals
CON:
$4.05B
FWRD:
$444.33M
CON:
$2.08
FWRD:
-$4.43
CON:
1.21
FWRD:
0.12
CON:
$2.23B
FWRD:
$2.46B
CON:
$639.91M
FWRD:
$568.61M
CON:
$374.33M
FWRD:
$107.29M
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Return for Risk
CON vs. FWRD — Risk / Return Rank
CON
FWRD
CON vs. FWRD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Concentra Group Holdings Parent, Inc (CON) and Forward Air Corporation (FWRD). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CON | FWRD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.90 | ||
| Sortino ratioReturn per unit of downside risk | +3.72 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 0.91 | +0.46 |
| Calmar ratioReturn relative to maximum drawdown | 2.83 | -0.73 | +3.56 |
| Martin ratioReturn relative to average drawdown | 6.07 | -1.41 | +7.48 |
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Drawdowns
CON vs. FWRD - Drawdown Comparison
The maximum CON drawdown since its inception was -22.59%, smaller than the maximum FWRD drawdown of -93.19%. Use the drawdown chart below to compare losses from any high point for CON and FWRD.
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Drawdown Indicators
| CON | FWRD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.59% | -93.19% | +70.60% |
Max Drawdown (1Y)Largest decline over 1 year | -21.39% | -73.84% | +52.45% |
Max Drawdown (3Y)Largest decline over 3 years | — | -92.96% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -93.19% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -93.19% | — |
Current DrawdownCurrent decline from peak | -3.18% | -88.48% | +85.30% |
Average DrawdownAverage peak-to-trough decline | -9.98% | -27.12% | +17.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.95% | 38.25% | -28.30% |
Volatility
CON vs. FWRD - Volatility Comparison
The current volatility for Concentra Group Holdings Parent, Inc (CON) is 7.57%, while Forward Air Corporation (FWRD) has a volatility of 26.85%. This indicates that CON experiences smaller price fluctuations and is considered to be less risky than FWRD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CON | FWRD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.57% | 26.85% | -19.28% |
Volatility (6M)Calculated over the trailing 6-month period | 17.75% | 83.05% | -65.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.97% | 83.13% | -56.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.53% | 64.11% | -34.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.53% | 50.17% | -20.64% |
Dividends
CON vs. FWRD - Dividend Comparison
CON's dividend yield for the trailing twelve months is around 0.79%, while FWRD has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CON Concentra Group Holdings Parent, Inc | 0.79% | 1.27% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FWRD Forward Air Corporation | 0.00% | 0.00% | 0.00% | 1.53% | 0.92% | 0.87% | 0.98% | 1.03% | 1.15% | 1.04% | 1.08% | 1.12% |
Financials
CON vs. FWRD - Financials Comparison
This section allows you to compare key financial metrics between Concentra Group Holdings Parent, Inc and Forward Air Corporation. 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
CON vs. FWRD - Profitability Comparison
CON - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Concentra Group Holdings Parent, Inc reported a gross profit of 170.47M and revenue of 569.56M. Therefore, the gross margin over that period was 29.9%.
FWRD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Forward Air Corporation reported a gross profit of 132.98M and revenue of 582.05M. Therefore, the gross margin over that period was 22.9%.
CON - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Concentra Group Holdings Parent, Inc reported an operating income of 69.00K and revenue of 569.56M, resulting in an operating margin of 0.0%.
FWRD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Forward Air Corporation reported an operating income of 20.44M and revenue of 582.05M, resulting in an operating margin of 3.5%.
CON - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Concentra Group Holdings Parent, Inc reported a net income of 50.49M and revenue of 569.56M, resulting in a net margin of 8.9%.
FWRD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Forward Air Corporation reported a net income of -34.32M and revenue of 582.05M, resulting in a net margin of -5.9%.
Frequently Asked Questions
CON and FWRD have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FWRD has higher volatility (26.85%) compared to CON (7.57%). In terms of maximum drawdown, CON dropped -22.59% vs FWRD's -93.19%.
CON currently has the higher Sharpe Ratio (2.25 vs -0.65), 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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