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

Correlation

The correlation between DKNG and NVDA is 0.42, 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.


-0.50.00.51.00.4

Performance

DKNG vs. NVDA - Performance Comparison

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

-30.00%-20.00%-10.00%0.00%10.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
-3.90%
6.44%
DKNG
NVDA

Key characteristics

Sharpe Ratio

DKNG:

0.41

NVDA:

3.44

Sortino Ratio

DKNG:

0.84

NVDA:

3.64

Omega Ratio

DKNG:

1.10

NVDA:

1.46

Calmar Ratio

DKNG:

0.30

NVDA:

6.66

Martin Ratio

DKNG:

0.97

NVDA:

20.59

Ulcer Index

DKNG:

18.17%

NVDA:

8.74%

Daily Std Dev

DKNG:

43.38%

NVDA:

52.29%

Max Drawdown

DKNG:

-85.73%

NVDA:

-89.73%

Current Drawdown

DKNG:

-43.94%

NVDA:

-9.52%

Fundamentals

Market Cap

DKNG:

$19.86B

NVDA:

$3.19T

EPS

DKNG:

-$0.87

NVDA:

$2.53

Total Revenue (TTM)

DKNG:

$4.61B

NVDA:

$113.27B

Gross Profit (TTM)

DKNG:

$1.77B

NVDA:

$85.93B

EBITDA (TTM)

DKNG:

-$222.28M

NVDA:

$74.87B

Returns By Period

In the year-to-date period, DKNG achieves a 14.47% return, which is significantly lower than NVDA's 172.06% return.


DKNG

YTD

14.47%

1M

-7.88%

6M

-3.91%

1Y

14.92%

5Y*

N/A

10Y*

N/A

NVDA

YTD

172.06%

1M

-7.66%

6M

6.44%

1Y

175.01%

5Y*

86.75%

10Y*

75.35%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

DKNG vs. NVDA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for DraftKings Inc. (DKNG) and NVIDIA Corporation (NVDA). 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-4.00-2.000.002.000.413.44
The chart of Sortino ratio for DKNG, currently valued at 0.84, compared to the broader market-4.00-2.000.002.004.000.843.64
The chart of Omega ratio for DKNG, currently valued at 1.10, compared to the broader market0.501.001.502.001.101.46
The chart of Calmar ratio for DKNG, currently valued at 0.30, compared to the broader market0.002.004.006.000.306.66
The chart of Martin ratio for DKNG, currently valued at 0.97, compared to the broader market-5.000.005.0010.0015.0020.0025.000.9720.59
DKNG
NVDA

The current DKNG Sharpe Ratio is 0.41, which is lower than the NVDA Sharpe Ratio of 3.44. The chart below compares the historical Sharpe Ratios of DKNG and NVDA, 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 Ratio0.001.002.003.004.005.00JulyAugustSeptemberOctoberNovemberDecember
0.41
3.44
DKNG
NVDA

Dividends

DKNG vs. NVDA - Dividend Comparison

DKNG has not paid dividends to shareholders, while NVDA's dividend yield for the trailing twelve months is around 0.02%.


TTM20232022202120202019201820172016201520142013
DKNG
DraftKings 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%
NVDA
NVIDIA Corporation
0.02%0.03%0.11%0.05%0.12%0.27%0.46%0.29%0.45%1.20%1.70%1.94%

Drawdowns

DKNG vs. NVDA - Drawdown Comparison

The maximum DKNG drawdown since its inception was -85.73%, roughly equal to the maximum NVDA drawdown of -89.73%. Use the drawdown chart below to compare losses from any high point for DKNG and NVDA. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-43.94%
-9.52%
DKNG
NVDA

Volatility

DKNG vs. NVDA - Volatility Comparison

DraftKings Inc. (DKNG) and NVIDIA Corporation (NVDA) have volatilities of 9.77% and 10.07%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
9.77%
10.07%
DKNG
NVDA

Financials

DKNG vs. NVDA - Financials Comparison

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


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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