EW vs. NVNO
Compare and contrast key facts about Edwards Lifesciences Corporation (EW) and enVVeno Medical Corporation (NVNO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EW or NVNO.
Key characteristics
| EW | NVNO | |
|---|---|---|
| YTD Return | 11.55% | -1.56% |
| 1Y Return | -3.45% | 25.25% |
| 3Y Return (Ann) | -3.50% | -6.71% |
| 5Y Return (Ann) | 7.06% | -38.33% |
| Sharpe Ratio | -0.11 | 0.31 |
| Daily Std Dev | 28.37% | 86.82% |
| Max Drawdown | -52.78% | -98.02% |
| Current Drawdown | -34.91% | -96.14% |
Fundamentals
| EW | NVNO | |
|---|---|---|
| Market Cap | $52.02B | $68.98M |
| EPS | $2.30 | -$1.91 |
| Revenue (TTM) | $6.14B | $0.00 |
| Gross Profit (TTM) | $4.30B | $0.00 |
| EBITDA (TTM) | $1.92B | -$25.02M |
Correlation
The correlation between EW and NVNO is 0.13, 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
EW vs. NVNO - Performance Comparison
In the year-to-date period, EW achieves a 11.55% return, which is significantly higher than NVNO's -1.56% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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.
Dividends
EW vs. NVNO - Dividend Comparison
Neither EW nor NVNO has paid dividends to shareholders.
Drawdowns
EW vs. NVNO - Drawdown Comparison
The maximum EW drawdown since its inception was -52.78%, smaller than the maximum NVNO drawdown of -98.02%. Use the drawdown chart below to compare losses from any high point for EW and NVNO. For additional features, visit the drawdowns tool.
Volatility
EW vs. NVNO - Volatility Comparison
The current volatility for Edwards Lifesciences Corporation (EW) is 5.79%, while enVVeno Medical Corporation (NVNO) has a volatility of 16.12%. 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.
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.
Total Revenue: Total amount of money received from sales and other business activities