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FTNT vs. NET
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between FTNT and NET is 0.55, 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.


-0.50.00.51.00.5

Performance

FTNT vs. NET - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fortinet, Inc. (FTNT) and Cloudflare, Inc. (NET). The values are adjusted to include any dividend payments, if applicable.

200.00%300.00%400.00%500.00%600.00%JulyAugustSeptemberOctoberNovemberDecember
522.14%
526.06%
FTNT
NET

Key characteristics

Sharpe Ratio

FTNT:

1.77

NET:

0.75

Sortino Ratio

FTNT:

3.01

NET:

1.36

Omega Ratio

FTNT:

1.39

NET:

1.18

Calmar Ratio

FTNT:

2.23

NET:

0.52

Martin Ratio

FTNT:

6.60

NET:

1.78

Ulcer Index

FTNT:

10.47%

NET:

20.20%

Daily Std Dev

FTNT:

39.00%

NET:

48.27%

Max Drawdown

FTNT:

-51.20%

NET:

-82.58%

Current Drawdown

FTNT:

-2.04%

NET:

-48.13%

Fundamentals

Market Cap

FTNT:

$74.82B

NET:

$40.35B

EPS

FTNT:

$1.99

NET:

-$0.27

PEG Ratio

FTNT:

1.69

NET:

2.35

Total Revenue (TTM)

FTNT:

$5.71B

NET:

$1.57B

Gross Profit (TTM)

FTNT:

$4.55B

NET:

$1.22B

EBITDA (TTM)

FTNT:

$1.89B

NET:

$81.56M

Returns By Period

In the year-to-date period, FTNT achieves a 66.05% return, which is significantly higher than NET's 35.35% return.


FTNT

YTD

66.05%

1M

5.13%

6M

65.97%

1Y

66.11%

5Y*

35.43%

10Y*

31.79%

NET

YTD

35.35%

1M

16.81%

6M

44.59%

1Y

32.81%

5Y*

44.21%

10Y*

N/A

Compare stocks, funds, or ETFs

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Risk-Adjusted Performance

FTNT vs. NET - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fortinet, Inc. (FTNT) and Cloudflare, Inc. (NET). 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 FTNT, currently valued at 1.77, compared to the broader market-4.00-2.000.002.001.770.75
The chart of Sortino ratio for FTNT, currently valued at 3.01, compared to the broader market-4.00-2.000.002.004.003.011.36
The chart of Omega ratio for FTNT, currently valued at 1.39, compared to the broader market0.501.001.502.001.391.18
The chart of Calmar ratio for FTNT, currently valued at 2.23, compared to the broader market0.002.004.006.002.230.52
The chart of Martin ratio for FTNT, currently valued at 6.60, compared to the broader market-5.000.005.0010.0015.0020.0025.006.601.78
FTNT
NET

The current FTNT Sharpe Ratio is 1.77, which is higher than the NET Sharpe Ratio of 0.75. The chart below compares the historical Sharpe Ratios of FTNT and NET, 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-1.00-0.500.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
1.77
0.75
FTNT
NET

Dividends

FTNT vs. NET - Dividend Comparison

Neither FTNT nor NET has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

FTNT vs. NET - Drawdown Comparison

The maximum FTNT drawdown since its inception was -51.20%, smaller than the maximum NET drawdown of -82.58%. Use the drawdown chart below to compare losses from any high point for FTNT and NET. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.04%
-48.13%
FTNT
NET

Volatility

FTNT vs. NET - Volatility Comparison

The current volatility for Fortinet, Inc. (FTNT) is 8.46%, while Cloudflare, Inc. (NET) has a volatility of 14.94%. This indicates that FTNT experiences smaller price fluctuations and is considered to be less risky than NET based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
8.46%
14.94%
FTNT
NET

Financials

FTNT vs. NET - Financials Comparison

This section allows you to compare key financial metrics between Fortinet, Inc. and Cloudflare, 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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