CRMD vs. SHOP
CRMD (CorMedix Inc.) and SHOP (Shopify Inc.) are both stocks. CRMD operates in Biotechnology (Healthcare), while SHOP operates in Software - Application (Technology). Over the past 10 years, CRMD returned -2.59%/yr vs 44.31%/yr for SHOP. At a 0.24 correlation, their price movements are largely independent.
Performance
CRMD vs. SHOP - Performance Comparison
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Returns By Period
In the year-to-date period, CRMD achieves a -26.57% return, which is significantly higher than SHOP's -31.18% return. Over the past 10 years, CRMD has underperformed SHOP with an annualized return of -2.59%, while SHOP has yielded a comparatively higher 44.31% annualized return.
CRMD
- 1D
- 2.15%
- 1M
- 7.83%
- YTD
- -26.57%
- 6M
- -24.16%
- 1Y
- -38.91%
- 3Y*
- 18.36%
- 5Y*
- 1.14%
- 10Y*
- -2.59%
SHOP
- 1D
- 1.13%
- 1M
- 0.34%
- YTD
- -31.18%
- 6M
- -30.07%
- 1Y
- -0.57%
- 3Y*
- 21.77%
- 5Y*
- -1.84%
- 10Y*
- 44.31%
CRMD vs. SHOP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CRMD CorMedix Inc. | -26.57% | 43.58% | 115.43% | -10.90% | -7.25% | -38.76% | 2.06% | 12.87% | 158.00% | -67.32% |
SHOP Shopify Inc. | -31.18% | 51.39% | 36.50% | 124.43% | -74.80% | 21.68% | 184.71% | 187.17% | 37.08% | 135.60% |
Correlation
The correlation between CRMD and SHOP is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since May 22, 2015 | 0.24 |
Fundamentals
CRMD:
$794.09M
SHOP:
$144.39B
CRMD:
$2.10
SHOP:
$1.02
CRMD:
4.07
SHOP:
108.75
CRMD:
1.84
SHOP:
15.75
CRMD:
1.82
SHOP:
11.55
CRMD:
$400.05M
SHOP:
$9.20B
CRMD:
$343.39M
SHOP:
$5.93B
CRMD:
$207.97M
SHOP:
$1.60B
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Return for Risk
CRMD vs. SHOP — Risk / Return Rank
CRMD
SHOP
CRMD vs. SHOP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CorMedix Inc. (CRMD) and Shopify Inc. (SHOP). 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.
| CRMD | SHOP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.56 | ||
| Sortino ratioReturn per unit of downside risk | -0.88 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 1.05 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.63 | -0.01 | -0.61 |
| Martin ratioReturn relative to average drawdown | -0.92 | -0.03 | -0.90 |
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
| CRMD | SHOP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.57 | -0.01 | -0.56 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.01 | -0.03 | +0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.03 | 0.75 | -0.78 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.03 | 0.69 | -0.72 |
Drawdowns
CRMD vs. SHOP - Drawdown Comparison
The maximum CRMD drawdown since its inception was -98.28%, which is greater than SHOP's maximum drawdown of -84.82%. Use the drawdown chart below to compare losses from any high point for CRMD and SHOP.
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Drawdown Indicators
| CRMD | SHOP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.28% | -84.82% | -13.46% |
Max Drawdown (1Y)Largest decline over 1 year | -62.26% | -46.71% | -15.55% |
Max Drawdown (3Y)Largest decline over 3 years | -62.26% | -46.71% | -15.55% |
Max Drawdown (5Y)Largest decline over 5 years | -66.91% | -84.82% | +17.91% |
Max Drawdown (10Y)Largest decline over 10 years | -94.77% | -84.82% | -9.95% |
Current DrawdownCurrent decline from peak | -82.70% | -38.12% | -44.58% |
Average DrawdownAverage peak-to-trough decline | -76.98% | -28.22% | -48.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 42.14% | 21.74% | +20.40% |
Volatility
CRMD vs. SHOP - Volatility Comparison
The current volatility for CorMedix Inc. (CRMD) is 12.51%, while Shopify Inc. (SHOP) has a volatility of 17.86%. This indicates that CRMD experiences smaller price fluctuations and is considered to be less risky than SHOP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CRMD | SHOP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.51% | 17.86% | -5.35% |
Volatility (6M)Calculated over the trailing 6-month period | 51.98% | 43.67% | +8.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 68.53% | 57.27% | +11.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 77.13% | 65.57% | +11.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 91.74% | 59.09% | +32.65% |
Dividends
CRMD vs. SHOP - Dividend Comparison
Neither CRMD nor SHOP has paid dividends to shareholders.
Financials
CRMD vs. SHOP - Financials Comparison
This section allows you to compare key financial metrics between CorMedix Inc. and Shopify 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
Frequently Asked Questions
CRMD and SHOP have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SHOP has higher volatility (17.86%) compared to CRMD (12.51%). In terms of maximum drawdown, CRMD dropped -98.28% vs SHOP's -84.82%.
SHOP currently has the higher Sharpe Ratio (-0.01 vs -0.57), 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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