Correlation
The correlation between CVCO and TMO is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
CVCO vs. TMO
Compare and contrast key facts about Cavco Industries, Inc. (CVCO) and Thermo Fisher Scientific Inc. (TMO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CVCO or TMO.
Performance
CVCO vs. TMO - Performance Comparison
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Key characteristics
CVCO:
0.63
TMO:
-1.10
CVCO:
1.21
TMO:
-1.62
CVCO:
1.14
TMO:
0.81
CVCO:
1.24
TMO:
-0.74
CVCO:
3.18
TMO:
-1.83
CVCO:
7.61%
TMO:
16.36%
CVCO:
36.02%
TMO:
27.33%
CVCO:
-60.85%
TMO:
-71.16%
CVCO:
-19.57%
TMO:
-40.08%
Fundamentals
CVCO:
$3.48B
TMO:
$149.67B
CVCO:
$20.73
TMO:
$17.05
CVCO:
20.92
TMO:
23.25
CVCO:
2.24
TMO:
1.52
CVCO:
1.73
TMO:
3.49
CVCO:
3.27
TMO:
3.03
CVCO:
$1.51B
TMO:
$42.90B
CVCO:
$349.47M
TMO:
$17.83B
CVCO:
$177.33M
TMO:
$10.60B
Returns By Period
In the year-to-date period, CVCO achieves a -2.83% return, which is significantly higher than TMO's -23.73% return. Over the past 10 years, CVCO has outperformed TMO with an annualized return of 19.29%, while TMO has yielded a comparatively lower 12.16% annualized return.
CVCO
-2.83%
-15.38%
-15.72%
21.39%
24.97%
17.92%
19.29%
TMO
-23.73%
-6.39%
-25.07%
-29.99%
-10.54%
2.94%
12.16%
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Risk-Adjusted Performance
CVCO vs. TMO — Risk-Adjusted Performance Rank
CVCO
TMO
CVCO vs. TMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cavco Industries, Inc. (CVCO) and Thermo Fisher Scientific Inc. (TMO). 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.
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Dividends
CVCO vs. TMO - Dividend Comparison
CVCO has not paid dividends to shareholders, while TMO's dividend yield for the trailing twelve months is around 0.40%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
CVCO Cavco Industries, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TMO Thermo Fisher Scientific Inc. | 0.40% | 0.30% | 0.26% | 0.22% | 0.16% | 0.19% | 0.23% | 0.30% | 0.32% | 0.43% | 0.42% | 0.48% |
Drawdowns
CVCO vs. TMO - Drawdown Comparison
The maximum CVCO drawdown since its inception was -60.85%, smaller than the maximum TMO drawdown of -71.16%. Use the drawdown chart below to compare losses from any high point for CVCO and TMO.
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Volatility
CVCO vs. TMO - Volatility Comparison
The current volatility for Cavco Industries, Inc. (CVCO) is 10.37%, while Thermo Fisher Scientific Inc. (TMO) has a volatility of 11.57%. This indicates that CVCO experiences smaller price fluctuations and is considered to be less risky than TMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
CVCO vs. TMO - Financials Comparison
This section allows you to compare key financial metrics between Cavco Industries, Inc. and Thermo Fisher Scientific 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