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DKNG vs. BRK-B
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between DKNG and BRK-B is 0.23, 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.


-0.50.00.51.00.2

Performance

DKNG vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DraftKings Inc. (DKNG) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

60.00%80.00%100.00%120.00%140.00%160.00%JulyAugustSeptemberOctoberNovemberDecember
108.53%
142.98%
DKNG
BRK-B

Key characteristics

Sharpe Ratio

DKNG:

0.41

BRK-B:

1.90

Sortino Ratio

DKNG:

0.84

BRK-B:

2.69

Omega Ratio

DKNG:

1.10

BRK-B:

1.34

Calmar Ratio

DKNG:

0.30

BRK-B:

3.63

Martin Ratio

DKNG:

0.97

BRK-B:

8.89

Ulcer Index

DKNG:

18.17%

BRK-B:

3.10%

Daily Std Dev

DKNG:

43.38%

BRK-B:

14.48%

Max Drawdown

DKNG:

-85.73%

BRK-B:

-53.86%

Current Drawdown

DKNG:

-43.94%

BRK-B:

-6.19%

Fundamentals

Market Cap

DKNG:

$19.86B

BRK-B:

$982.94B

EPS

DKNG:

-$0.87

BRK-B:

$49.48

Total Revenue (TTM)

DKNG:

$4.61B

BRK-B:

$369.89B

Gross Profit (TTM)

DKNG:

$1.77B

BRK-B:

$66.19B

EBITDA (TTM)

DKNG:

-$222.28M

BRK-B:

$149.77B

Returns By Period

In the year-to-date period, DKNG achieves a 14.47% return, which is significantly lower than BRK-B's 27.07% return.


DKNG

YTD

14.47%

1M

-7.88%

6M

-3.91%

1Y

14.92%

5Y*

N/A

10Y*

N/A

BRK-B

YTD

27.07%

1M

-3.33%

6M

10.64%

1Y

27.25%

5Y*

14.92%

10Y*

11.59%

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Risk-Adjusted Performance

DKNG vs. BRK-B - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for DraftKings Inc. (DKNG) and Berkshire Hathaway Inc. (BRK-B). 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.


Sharpe ratio
The chart of Sharpe ratio for DKNG, currently valued at 0.41, compared to the broader market-4.00-2.000.002.000.411.90
The chart of Sortino ratio for DKNG, currently valued at 0.84, compared to the broader market-4.00-2.000.002.004.000.842.69
The chart of Omega ratio for DKNG, currently valued at 1.10, compared to the broader market0.501.001.502.001.101.34
The chart of Calmar ratio for DKNG, currently valued at 0.30, compared to the broader market0.002.004.006.000.303.63
The chart of Martin ratio for DKNG, currently valued at 0.97, compared to the broader market-5.000.005.0010.0015.0020.0025.000.978.89
DKNG
BRK-B

The current DKNG Sharpe Ratio is 0.41, which is lower than the BRK-B Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of DKNG and BRK-B, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
0.41
1.90
DKNG
BRK-B

Dividends

DKNG vs. BRK-B - Dividend Comparison

Neither DKNG nor BRK-B has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

DKNG vs. BRK-B - Drawdown Comparison

The maximum DKNG drawdown since its inception was -85.73%, which is greater than BRK-B's maximum drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for DKNG and BRK-B. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-43.94%
-6.19%
DKNG
BRK-B

Volatility

DKNG vs. BRK-B - Volatility Comparison

DraftKings Inc. (DKNG) has a higher volatility of 9.77% compared to Berkshire Hathaway Inc. (BRK-B) at 3.82%. This indicates that DKNG's price experiences larger fluctuations and is considered to be riskier than BRK-B based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
9.77%
3.82%
DKNG
BRK-B

Financials

DKNG vs. BRK-B - Financials Comparison

This section allows you to compare key financial metrics between DraftKings Inc. and Berkshire Hathaway 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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