DOCS vs. SWAV
Compare and contrast key facts about Doximity, Inc. (DOCS) and ShockWave Medical, Inc. (SWAV).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DOCS or SWAV.
Key characteristics
| DOCS | SWAV | |
|---|---|---|
| YTD Return | -18.01% | 73.37% |
| 1Y Return | -30.42% | 11.54% |
| Sharpe Ratio | -0.69 | 0.21 |
| Daily Std Dev | 44.56% | 43.65% |
| Max Drawdown | -80.53% | -64.92% |
| Current Drawdown | -77.47% | -0.08% |
Fundamentals
| DOCS | SWAV | |
|---|---|---|
| Market Cap | $4.36B | $12.41B |
| EPS | $0.67 | $4.26 |
| PE Ratio | 34.88 | 77.59 |
| Revenue (TTM) | $468.33M | $787.97M |
| Gross Profit (TTM) | $365.56M | $424.74M |
| EBITDA (TTM) | $169.90M | $180.34M |
Correlation
The correlation between DOCS and SWAV is 0.37, 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.
Performance
DOCS vs. SWAV - Performance Comparison
In the year-to-date period, DOCS achieves a -18.01% return, which is significantly lower than SWAV's 73.37% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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
DOCS vs. SWAV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Doximity, Inc. (DOCS) and ShockWave Medical, Inc. (SWAV). 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
DOCS vs. SWAV - Dividend Comparison
Neither DOCS nor SWAV has paid dividends to shareholders.
Drawdowns
DOCS vs. SWAV - Drawdown Comparison
The maximum DOCS drawdown since its inception was -80.53%, which is greater than SWAV's maximum drawdown of -64.92%. Use the drawdown chart below to compare losses from any high point for DOCS and SWAV. For additional features, visit the drawdowns tool.
Volatility
DOCS vs. SWAV - Volatility Comparison
Doximity, Inc. (DOCS) has a higher volatility of 6.11% compared to ShockWave Medical, Inc. (SWAV) at 0.70%. This indicates that DOCS's price experiences larger fluctuations and is considered to be riskier than SWAV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
DOCS vs. SWAV - Financials Comparison
This section allows you to compare key financial metrics between Doximity, Inc. and ShockWave Medical, 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