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ELEV vs. IDYA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between ELEV and IDYA is 0.10, 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.


-0.50.00.51.00.1

Performance

ELEV vs. IDYA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Elevation Oncology Inc (ELEV) and IDEAYA Biosciences, Inc. (IDYA). The values are adjusted to include any dividend payments, if applicable.

-80.00%-60.00%-40.00%-20.00%0.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
-77.53%
-26.39%
ELEV
IDYA

Key characteristics

Sharpe Ratio

ELEV:

0.12

IDYA:

-0.57

Sortino Ratio

ELEV:

1.69

IDYA:

-0.60

Omega Ratio

ELEV:

1.24

IDYA:

0.93

Calmar Ratio

ELEV:

0.21

IDYA:

-0.57

Martin Ratio

ELEV:

0.34

IDYA:

-1.14

Ulcer Index

ELEV:

59.17%

IDYA:

23.64%

Daily Std Dev

ELEV:

163.55%

IDYA:

47.29%

Max Drawdown

ELEV:

-97.64%

IDYA:

-74.64%

Current Drawdown

ELEV:

-96.50%

IDYA:

-46.32%

Fundamentals

Market Cap

ELEV:

$39.60M

IDYA:

$2.28B

EPS

ELEV:

-$0.80

IDYA:

-$2.33

Total Revenue (TTM)

ELEV:

$58.00K

IDYA:

$3.92M

Gross Profit (TTM)

ELEV:

$29.00K

IDYA:

$720.00K

EBITDA (TTM)

ELEV:

-$41.98M

IDYA:

-$223.50M

Returns By Period

In the year-to-date period, ELEV achieves a 5.01% return, which is significantly higher than IDYA's -28.89% return.


ELEV

YTD

5.01%

1M

-6.55%

6M

-76.60%

1Y

19.98%

5Y*

N/A

10Y*

N/A

IDYA

YTD

-28.89%

1M

-5.56%

6M

-29.96%

1Y

-27.01%

5Y*

22.97%

10Y*

N/A

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Risk-Adjusted Performance

ELEV vs. IDYA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Elevation Oncology Inc (ELEV) and IDEAYA Biosciences, Inc. (IDYA). 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 ELEV, currently valued at 0.12, compared to the broader market-4.00-2.000.002.000.12-0.57
The chart of Sortino ratio for ELEV, currently valued at 1.69, compared to the broader market-4.00-2.000.002.004.001.69-0.60
The chart of Omega ratio for ELEV, currently valued at 1.24, compared to the broader market0.501.001.502.001.240.93
The chart of Calmar ratio for ELEV, currently valued at 0.21, compared to the broader market0.002.004.006.000.21-0.57
The chart of Martin ratio for ELEV, currently valued at 0.34, compared to the broader market0.0010.0020.000.34-1.14
ELEV
IDYA

The current ELEV Sharpe Ratio is 0.12, which is higher than the IDYA Sharpe Ratio of -0.57. The chart below compares the historical Sharpe Ratios of ELEV and IDYA, 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-0.500.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.12
-0.57
ELEV
IDYA

Dividends

ELEV vs. IDYA - Dividend Comparison

Neither ELEV nor IDYA has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

ELEV vs. IDYA - Drawdown Comparison

The maximum ELEV drawdown since its inception was -97.64%, which is greater than IDYA's maximum drawdown of -74.64%. Use the drawdown chart below to compare losses from any high point for ELEV and IDYA. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-96.50%
-46.32%
ELEV
IDYA

Volatility

ELEV vs. IDYA - Volatility Comparison

Elevation Oncology Inc (ELEV) has a higher volatility of 24.74% compared to IDEAYA Biosciences, Inc. (IDYA) at 14.82%. This indicates that ELEV's price experiences larger fluctuations and is considered to be riskier than IDYA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%20.00%40.00%60.00%80.00%100.00%JulyAugustSeptemberOctoberNovemberDecember
24.74%
14.82%
ELEV
IDYA

Financials

ELEV vs. IDYA - Financials Comparison

This section allows you to compare key financial metrics between Elevation Oncology Inc and IDEAYA Biosciences, 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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