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DKNG vs. CZR
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between DKNG and CZR is 0.53, 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.


-0.50.00.51.00.5

Performance

DKNG vs. CZR - Performance Comparison

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

60.00%80.00%100.00%120.00%140.00%160.00%JulyAugustSeptemberOctoberNovemberDecember
100.26%
90.12%
DKNG
CZR

Key characteristics

Sharpe Ratio

DKNG:

0.23

CZR:

-0.66

Sortino Ratio

DKNG:

0.62

CZR:

-0.78

Omega Ratio

DKNG:

1.08

CZR:

0.91

Calmar Ratio

DKNG:

0.17

CZR:

-0.39

Martin Ratio

DKNG:

0.56

CZR:

-1.40

Ulcer Index

DKNG:

18.10%

CZR:

20.27%

Daily Std Dev

DKNG:

43.51%

CZR:

42.92%

Max Drawdown

DKNG:

-85.73%

CZR:

-97.17%

Current Drawdown

DKNG:

-46.17%

CZR:

-71.65%

Fundamentals

Market Cap

DKNG:

$19.86B

CZR:

$7.68B

EPS

DKNG:

-$0.87

CZR:

-$1.68

Total Revenue (TTM)

DKNG:

$4.61B

CZR:

$11.27B

Gross Profit (TTM)

DKNG:

$1.77B

CZR:

$5.21B

EBITDA (TTM)

DKNG:

-$222.28M

CZR:

$3.66B

Returns By Period

In the year-to-date period, DKNG achieves a 9.93% return, which is significantly higher than CZR's -27.73% return.


DKNG

YTD

9.93%

1M

-8.50%

6M

-10.40%

1Y

8.39%

5Y*

N/A

10Y*

N/A

CZR

YTD

-27.73%

1M

-7.28%

6M

-9.46%

1Y

-31.08%

5Y*

-10.12%

10Y*

23.15%

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Risk-Adjusted Performance

DKNG vs. CZR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for DraftKings Inc. (DKNG) and Caesars Entertainment, Inc. (CZR). 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 0.23, compared to the broader market-4.00-2.000.002.000.23-0.66
The chart of Sortino ratio for DKNG, currently valued at 0.62, compared to the broader market-4.00-2.000.002.004.000.62-0.78
The chart of Omega ratio for DKNG, currently valued at 1.08, compared to the broader market0.501.001.502.001.080.91
The chart of Calmar ratio for DKNG, currently valued at 0.17, compared to the broader market0.002.004.006.000.17-0.39
The chart of Martin ratio for DKNG, currently valued at 0.56, compared to the broader market0.0010.0020.000.56-1.40
DKNG
CZR

The current DKNG Sharpe Ratio is 0.23, which is higher than the CZR Sharpe Ratio of -0.66. The chart below compares the historical Sharpe Ratios of DKNG and CZR, 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-1.00-0.500.000.501.001.50JulyAugustSeptemberOctoberNovemberDecember
0.23
-0.66
DKNG
CZR

Dividends

DKNG vs. CZR - Dividend Comparison

Neither DKNG nor CZR has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

DKNG vs. CZR - Drawdown Comparison

The maximum DKNG drawdown since its inception was -85.73%, smaller than the maximum CZR drawdown of -97.17%. Use the drawdown chart below to compare losses from any high point for DKNG and CZR. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%JulyAugustSeptemberOctoberNovemberDecember
-46.17%
-71.65%
DKNG
CZR

Volatility

DKNG vs. CZR - Volatility Comparison

The current volatility for DraftKings Inc. (DKNG) is 9.60%, while Caesars Entertainment, Inc. (CZR) has a volatility of 10.34%. This indicates that DKNG experiences smaller price fluctuations and is considered to be less risky than CZR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


8.00%10.00%12.00%14.00%16.00%18.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
9.60%
10.34%
DKNG
CZR

Financials

DKNG vs. CZR - Financials Comparison

This section allows you to compare key financial metrics between DraftKings Inc. and Caesars Entertainment, 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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