CPHC vs. BYD
CPHC (Canterbury Park Holding Corporation) and BYD (Boyd Gaming Corporation) are both stocks. Both are in the Consumer Cyclical sector — CPHC in Gambling, BYD in Resorts & Casinos. Over the past 10 years, CPHC returned 5.61%/yr vs 17.64%/yr for BYD. At a 0.06 correlation, their price movements are largely independent.
Performance
CPHC vs. BYD - Performance Comparison
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Returns By Period
In the year-to-date period, CPHC achieves a 3.92% return, which is significantly higher than BYD's 1.78% return. Over the past 10 years, CPHC has underperformed BYD with an annualized return of 5.61%, while BYD has yielded a comparatively higher 17.64% annualized return.
CPHC
- 1D
- 1.79%
- 1M
- 1.14%
- YTD
- 3.92%
- 6M
- 6.05%
- 1Y
- -14.25%
- 3Y*
- -10.26%
- 5Y*
- 2.49%
- 10Y*
- 5.61%
BYD
- 1D
- 1.97%
- 1M
- 9.13%
- YTD
- 1.78%
- 6M
- 0.07%
- 1Y
- 14.03%
- 3Y*
- 10.59%
- 5Y*
- 8.24%
- 10Y*
- 17.64%
CPHC vs. BYD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CPHC Canterbury Park Holding Corporation | 3.92% | -23.63% | 1.68% | -33.81% | 83.78% | 44.36% | -3.47% | -8.88% | -12.79% | 64.77% |
BYD Boyd Gaming Corporation | 1.78% | 18.61% | 17.13% | 15.99% | -15.74% | 52.77% | 43.35% | 45.51% | -40.25% | 74.70% |
Correlation
The correlation between CPHC and BYD is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Sep 8, 2008 | 0.06 |
The correlation between CPHC and BYD shifts across timeframes, from -0.04 (1 year) to 0.08 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
CPHC:
$82.10M
BYD:
$6.63B
CPHC:
$0.06
BYD:
$23.07
CPHC:
270.91
BYD:
3.74
CPHC:
1.21
BYD:
0.05
CPHC:
1.36
BYD:
1.68
CPHC:
0.98
BYD:
2.62
CPHC:
$59.94M
BYD:
$4.10B
CPHC:
$33.85M
BYD:
$1.62B
CPHC:
$5.93M
BYD:
$2.78B
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Return for Risk
CPHC vs. BYD — Risk / Return Rank
CPHC
BYD
CPHC vs. BYD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Canterbury Park Holding Corporation (CPHC) and Boyd Gaming Corporation (BYD). 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.
| CPHC | BYD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.11 | ||
| Sortino ratioReturn per unit of downside risk | -1.55 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.11 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | -0.56 | 1.12 | -1.68 |
| Martin ratioReturn relative to average drawdown | -0.82 | 2.48 | -3.29 |
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Drawdowns
CPHC vs. BYD - Drawdown Comparison
The maximum CPHC drawdown since its inception was -55.88%, smaller than the maximum BYD drawdown of -94.49%. Use the drawdown chart below to compare losses from any high point for CPHC and BYD.
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Drawdown Indicators
| CPHC | BYD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.88% | -94.49% | +38.61% |
Max Drawdown (1Y)Largest decline over 1 year | -25.54% | -12.59% | -12.95% |
Max Drawdown (3Y)Largest decline over 3 years | -48.75% | -30.29% | -18.46% |
Max Drawdown (5Y)Largest decline over 5 years | -55.88% | -34.58% | -21.30% |
Max Drawdown (10Y)Largest decline over 10 years | -55.88% | -80.01% | +24.13% |
Current DrawdownCurrent decline from peak | -48.86% | -3.13% | -45.73% |
Average DrawdownAverage peak-to-trough decline | -25.13% | -50.65% | +25.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.49% | 5.68% | +11.81% |
Volatility
CPHC vs. BYD - Volatility Comparison
The current volatility for Canterbury Park Holding Corporation (CPHC) is 3.70%, while Boyd Gaming Corporation (BYD) has a volatility of 8.25%. This indicates that CPHC experiences smaller price fluctuations and is considered to be less risky than BYD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CPHC | BYD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.70% | 8.25% | -4.55% |
Volatility (6M)Calculated over the trailing 6-month period | 14.49% | 20.41% | -5.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.43% | 27.20% | -2.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.11% | 31.82% | +14.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.59% | 43.22% | -0.63% |
Dividends
CPHC vs. BYD - Dividend Comparison
CPHC's dividend yield for the trailing twelve months is around 1.76%, more than BYD's 0.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BYD Boyd Gaming Corporation | 0.88% | 0.84% | 0.94% | 1.02% | 1.36% | 0.00% | 0.00% | 0.90% | 1.11% | 0.43% | 0.00% | 0.00% |
CPHC Canterbury Park Holding Corporation | 1.76% | 1.82% | 1.37% | 1.37% | 1.12% | 0.00% | 0.00% | 2.26% | 2.01% | 1.42% | 3.48% | 2.44% |
Financials
CPHC vs. BYD - Financials Comparison
This section allows you to compare key financial metrics between Canterbury Park Holding Corporation and Boyd Gaming 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
CPHC vs. BYD - Profitability Comparison
CPHC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Canterbury Park Holding Corporation reported a gross profit of 7.45M and revenue of 13.51M. Therefore, the gross margin over that period was 55.1%.
BYD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Boyd Gaming Corporation reported a gross profit of 397.11M and revenue of 997.36M. Therefore, the gross margin over that period was 39.8%.
CPHC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Canterbury Park Holding Corporation reported an operating income of 1.06M and revenue of 13.51M, resulting in an operating margin of 7.8%.
BYD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Boyd Gaming Corporation reported an operating income of 163.99M and revenue of 997.36M, resulting in an operating margin of 16.4%.
CPHC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Canterbury Park Holding Corporation reported a net income of 530.66K and revenue of 13.51M, resulting in a net margin of 3.9%.
BYD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Boyd Gaming Corporation reported a net income of 105.54M and revenue of 997.36M, resulting in a net margin of 10.6%.
Frequently Asked Questions
CPHC and BYD have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BYD has higher volatility (8.25%) compared to CPHC (3.70%). In terms of maximum drawdown, CPHC dropped -55.88% vs BYD's -94.49%.
BYD currently has the higher Sharpe Ratio (0.52 vs -0.59), 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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