ESTC vs. MDB
Compare and contrast key facts about Elastic N.V. (ESTC) and MongoDB, Inc. (MDB).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ESTC or MDB.
Correlation
The correlation between ESTC and MDB is 0.68, 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
ESTC vs. MDB - Performance Comparison
Key characteristics
ESTC:
-0.17
MDB:
-0.68
ESTC:
0.11
MDB:
-0.77
ESTC:
1.02
MDB:
0.90
ESTC:
-0.14
MDB:
-0.62
ESTC:
-0.35
MDB:
-1.02
ESTC:
25.06%
MDB:
37.88%
ESTC:
50.78%
MDB:
56.79%
ESTC:
-74.33%
MDB:
-76.52%
ESTC:
-44.37%
MDB:
-56.81%
Fundamentals
ESTC:
$11.11B
MDB:
$19.74B
ESTC:
$0.60
MDB:
-$2.74
ESTC:
4.05
MDB:
1.67
ESTC:
$1.38B
MDB:
$1.92B
ESTC:
$1.02B
MDB:
$1.41B
ESTC:
-$64.94M
MDB:
-$149.00M
Returns By Period
In the year-to-date period, ESTC achieves a -7.80% return, which is significantly higher than MDB's -38.20% return.
ESTC
-7.80%
20.74%
-5.51%
-8.08%
10.51%
N/A
MDB
-38.20%
-11.17%
15.45%
-38.34%
14.14%
N/A
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Risk-Adjusted Performance
ESTC vs. MDB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Elastic N.V. (ESTC) and MongoDB, Inc. (MDB). 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
ESTC vs. MDB - Dividend Comparison
Neither ESTC nor MDB has paid dividends to shareholders.
Drawdowns
ESTC vs. MDB - Drawdown Comparison
The maximum ESTC drawdown since its inception was -74.33%, roughly equal to the maximum MDB drawdown of -76.52%. Use the drawdown chart below to compare losses from any high point for ESTC and MDB. For additional features, visit the drawdowns tool.
Volatility
ESTC vs. MDB - Volatility Comparison
The current volatility for Elastic N.V. (ESTC) is 18.39%, while MongoDB, Inc. (MDB) has a volatility of 26.36%. This indicates that ESTC experiences smaller price fluctuations and is considered to be less risky than MDB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ESTC vs. MDB - Financials Comparison
This section allows you to compare key financial metrics between Elastic N.V. and MongoDB, 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