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FTV vs. AGX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between FTV and AGX is 0.32, 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.


-0.50.00.51.00.3

Performance

FTV vs. AGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fortive Corporation (FTV) and Argan, Inc. (AGX). The values are adjusted to include any dividend payments, if applicable.

0.00%20.00%40.00%60.00%80.00%100.00%120.00%JulyAugustSeptemberOctoberNovemberDecember
2.27%
84.66%
FTV
AGX

Key characteristics

Sharpe Ratio

FTV:

0.14

AGX:

3.96

Sortino Ratio

FTV:

0.34

AGX:

5.23

Omega Ratio

FTV:

1.05

AGX:

1.70

Calmar Ratio

FTV:

0.14

AGX:

6.45

Martin Ratio

FTV:

0.27

AGX:

39.44

Ulcer Index

FTV:

11.34%

AGX:

5.06%

Daily Std Dev

FTV:

21.64%

AGX:

50.58%

Max Drawdown

FTV:

-52.65%

AGX:

-94.35%

Current Drawdown

FTV:

-13.43%

AGX:

-12.77%

Fundamentals

Market Cap

FTV:

$26.66B

AGX:

$1.99B

EPS

FTV:

$2.50

AGX:

$4.80

PE Ratio

FTV:

30.74

AGX:

30.55

PEG Ratio

FTV:

1.26

AGX:

0.00

Total Revenue (TTM)

FTV:

$5.56B

AGX:

$806.26M

Gross Profit (TTM)

FTV:

$3.07B

AGX:

$116.04M

EBITDA (TTM)

FTV:

$1.64B

AGX:

$68.98M

Returns By Period

In the year-to-date period, FTV achieves a 1.55% return, which is significantly lower than AGX's 205.37% return.


FTV

YTD

1.55%

1M

-4.95%

6M

0.51%

1Y

2.58%

5Y*

3.55%

10Y*

N/A

AGX

YTD

205.37%

1M

-11.57%

6M

85.00%

1Y

196.37%

5Y*

31.79%

10Y*

17.84%

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Risk-Adjusted Performance

FTV vs. AGX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fortive Corporation (FTV) and Argan, Inc. (AGX). 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 FTV, currently valued at 0.14, compared to the broader market-4.00-2.000.002.000.143.96
The chart of Sortino ratio for FTV, currently valued at 0.34, compared to the broader market-4.00-2.000.002.004.000.345.23
The chart of Omega ratio for FTV, currently valued at 1.05, compared to the broader market0.501.001.502.001.051.70
The chart of Calmar ratio for FTV, currently valued at 0.14, compared to the broader market0.002.004.006.000.146.45
The chart of Martin ratio for FTV, currently valued at 0.27, compared to the broader market-5.000.005.0010.0015.0020.0025.000.2739.44
FTV
AGX

The current FTV Sharpe Ratio is 0.14, which is lower than the AGX Sharpe Ratio of 3.96. The chart below compares the historical Sharpe Ratios of FTV and AGX, 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-1.000.001.002.003.004.005.00JulyAugustSeptemberOctoberNovemberDecember
0.14
3.96
FTV
AGX

Dividends

FTV vs. AGX - Dividend Comparison

FTV's dividend yield for the trailing twelve months is around 0.43%, less than AGX's 0.91% yield.


TTM20232022202120202019201820172016201520142013
FTV
Fortive Corporation
0.43%0.39%0.44%0.37%0.35%0.37%0.41%0.39%0.26%0.00%0.00%0.00%
AGX
Argan, Inc.
0.91%2.24%2.71%1.94%4.50%2.49%1.98%2.22%1.42%2.16%2.08%2.72%

Drawdowns

FTV vs. AGX - Drawdown Comparison

The maximum FTV drawdown since its inception was -52.65%, smaller than the maximum AGX drawdown of -94.35%. Use the drawdown chart below to compare losses from any high point for FTV and AGX. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-13.43%
-12.77%
FTV
AGX

Volatility

FTV vs. AGX - Volatility Comparison

The current volatility for Fortive Corporation (FTV) is 5.05%, while Argan, Inc. (AGX) has a volatility of 10.96%. This indicates that FTV experiences smaller price fluctuations and is considered to be less risky than AGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
5.05%
10.96%
FTV
AGX

Financials

FTV vs. AGX - Financials Comparison

This section allows you to compare key financial metrics between Fortive Corporation and Argan, 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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