PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
EW vs. NVNO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between EW and NVNO is 0.12, 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

EW vs. NVNO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Edwards Lifesciences Corporation (EW) and enVVeno Medical Corporation (NVNO). The values are adjusted to include any dividend payments, if applicable.

-40.00%-20.00%0.00%20.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
-16.78%
-45.79%
EW
NVNO

Key characteristics

Sharpe Ratio

EW:

-0.04

NVNO:

-0.73

Sortino Ratio

EW:

0.23

NVNO:

-0.90

Omega Ratio

EW:

1.05

NVNO:

0.89

Calmar Ratio

EW:

-0.03

NVNO:

-0.47

Martin Ratio

EW:

-0.10

NVNO:

-1.52

Ulcer Index

EW:

19.13%

NVNO:

30.64%

Daily Std Dev

EW:

41.63%

NVNO:

63.97%

Max Drawdown

EW:

-54.32%

NVNO:

-98.07%

Current Drawdown

EW:

-43.43%

NVNO:

-98.07%

Fundamentals

Market Cap

EW:

$43.72B

NVNO:

$48.93M

EPS

EW:

$2.59

NVNO:

-$1.29

Total Revenue (TTM)

EW:

$5.87B

NVNO:

$824.00K

Gross Profit (TTM)

EW:

$4.57B

NVNO:

$284.00K

EBITDA (TTM)

EW:

$1.70B

NVNO:

-$22.87M

Returns By Period

In the year-to-date period, EW achieves a -3.04% return, which is significantly higher than NVNO's -50.78% return.


EW

YTD

-3.04%

1M

5.31%

6M

-16.78%

1Y

-0.26%

5Y*

-1.27%

10Y*

12.87%

NVNO

YTD

-50.78%

1M

-29.92%

6M

-45.82%

1Y

-44.64%

5Y*

-25.18%

10Y*

N/A

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

EW vs. NVNO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Edwards Lifesciences Corporation (EW) and enVVeno Medical Corporation (NVNO). 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 EW, currently valued at -0.04, compared to the broader market-4.00-2.000.002.00-0.04-0.73
The chart of Sortino ratio for EW, currently valued at 0.23, compared to the broader market-4.00-2.000.002.004.000.23-0.90
The chart of Omega ratio for EW, currently valued at 1.05, compared to the broader market0.501.001.502.001.050.89
The chart of Calmar ratio for EW, currently valued at -0.03, compared to the broader market0.002.004.006.00-0.03-0.47
The chart of Martin ratio for EW, currently valued at -0.10, compared to the broader market0.0010.0020.00-0.10-1.52
EW
NVNO

The current EW Sharpe Ratio is -0.04, which is higher than the NVNO Sharpe Ratio of -0.73. The chart below compares the historical Sharpe Ratios of EW and NVNO, 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-1.00-0.500.000.501.00JulyAugustSeptemberOctoberNovemberDecember
-0.04
-0.73
EW
NVNO

Dividends

EW vs. NVNO - Dividend Comparison

Neither EW nor NVNO has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

EW vs. NVNO - Drawdown Comparison

The maximum EW drawdown since its inception was -54.32%, smaller than the maximum NVNO drawdown of -98.07%. Use the drawdown chart below to compare losses from any high point for EW and NVNO. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%JulyAugustSeptemberOctoberNovemberDecember
-43.43%
-98.07%
EW
NVNO

Volatility

EW vs. NVNO - Volatility Comparison

The current volatility for Edwards Lifesciences Corporation (EW) is 8.18%, while enVVeno Medical Corporation (NVNO) has a volatility of 13.31%. This indicates that EW experiences smaller price fluctuations and is considered to be less risky than NVNO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
8.18%
13.31%
EW
NVNO

Financials

EW vs. NVNO - Financials Comparison

This section allows you to compare key financial metrics between Edwards Lifesciences Corporation and enVVeno Medical 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


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.

Copyright © 2024 PortfoliosLab