EDIT vs. PACB
Compare and contrast key facts about Editas Medicine, Inc. (EDIT) and Pacific Biosciences of California, Inc. (PACB).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EDIT or PACB.
Correlation
The correlation between EDIT and PACB is 0.43, 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
EDIT vs. PACB - Performance Comparison
Key characteristics
EDIT:
-0.95
PACB:
-0.59
EDIT:
-2.06
PACB:
-0.55
EDIT:
0.78
PACB:
0.93
EDIT:
-0.79
PACB:
-0.73
EDIT:
-1.22
PACB:
-1.03
EDIT:
63.88%
PACB:
69.17%
EDIT:
82.51%
PACB:
120.52%
EDIT:
-98.74%
PACB:
-97.65%
EDIT:
-98.08%
PACB:
-96.34%
Fundamentals
EDIT:
$143.63M
PACB:
$550.37M
EDIT:
-$2.54
PACB:
-$1.58
EDIT:
0.00
PACB:
-0.17
EDIT:
$1.71M
PACB:
$154.01M
EDIT:
-$2.72M
PACB:
$30.43M
EDIT:
-$196.61M
PACB:
-$381.83M
Returns By Period
In the year-to-date period, EDIT achieves a 37.01% return, which is significantly higher than PACB's 2.19% return.
EDIT
37.01%
42.62%
-56.06%
-78.65%
-42.03%
N/A
PACB
2.19%
14.02%
25.50%
-67.42%
-16.09%
-12.21%
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Risk-Adjusted Performance
EDIT vs. PACB — Risk-Adjusted Performance Rank
EDIT
PACB
EDIT vs. PACB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Editas Medicine, Inc. (EDIT) and Pacific Biosciences of California, Inc. (PACB). 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
EDIT vs. PACB - Dividend Comparison
Neither EDIT nor PACB has paid dividends to shareholders.
Drawdowns
EDIT vs. PACB - Drawdown Comparison
The maximum EDIT drawdown since its inception was -98.74%, roughly equal to the maximum PACB drawdown of -97.65%. Use the drawdown chart below to compare losses from any high point for EDIT and PACB. For additional features, visit the drawdowns tool.
Volatility
EDIT vs. PACB - Volatility Comparison
The current volatility for Editas Medicine, Inc. (EDIT) is 31.40%, while Pacific Biosciences of California, Inc. (PACB) has a volatility of 35.88%. This indicates that EDIT experiences smaller price fluctuations and is considered to be less risky than PACB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
EDIT vs. PACB - Financials Comparison
This section allows you to compare key financial metrics between Editas Medicine, Inc. and Pacific Biosciences of California, 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