DKNG vs. NVDA
Compare and contrast key facts about DraftKings Inc. (DKNG) and NVIDIA Corporation (NVDA).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DKNG or NVDA.
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.
Performance
DKNG vs. NVDA - Performance Comparison
Key characteristics
DKNG:
0.41
NVDA:
3.44
DKNG:
0.84
NVDA:
3.64
DKNG:
1.10
NVDA:
1.46
DKNG:
0.30
NVDA:
6.66
DKNG:
0.97
NVDA:
20.59
DKNG:
18.17%
NVDA:
8.74%
DKNG:
43.38%
NVDA:
52.29%
DKNG:
-85.73%
NVDA:
-89.73%
DKNG:
-43.94%
NVDA:
-9.52%
Fundamentals
DKNG:
$19.86B
NVDA:
$3.19T
DKNG:
-$0.87
NVDA:
$2.53
DKNG:
$4.61B
NVDA:
$113.27B
DKNG:
$1.77B
NVDA:
$85.93B
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
14.47%
-7.88%
-3.91%
14.92%
N/A
N/A
NVDA
172.06%
-7.66%
6.44%
175.01%
86.75%
75.35%
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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.
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%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
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.
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.
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.
Total Revenue: Total amount of money received from sales and other business activities