GE vs. GEHC
Compare and contrast key facts about General Electric Company (GE) and GE HealthCare Technologies Inc. (GEHC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GE or GEHC.
Correlation
The correlation between GE and GEHC is 0.49, 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
GE vs. GEHC - Performance Comparison
Key characteristics
GE:
0.91
GEHC:
-0.62
GE:
1.39
GEHC:
-0.66
GE:
1.20
GEHC:
0.89
GE:
1.51
GEHC:
-0.59
GE:
4.69
GEHC:
-1.79
GE:
6.90%
GEHC:
12.34%
GE:
34.47%
GEHC:
35.48%
GE:
-85.53%
GEHC:
-37.35%
GE:
-6.94%
GEHC:
-28.47%
Fundamentals
GE:
$206.54B
GEHC:
$29.71B
GE:
$6.49
GEHC:
$4.34
GE:
29.84
GEHC:
14.95
GE:
11.94
GEHC:
1.70
GE:
5.21
GEHC:
1.51
GE:
10.73
GEHC:
3.52
GE:
$39.68B
GEHC:
$15.02B
GE:
$15.12B
GEHC:
$6.30B
GE:
$9.83B
GEHC:
$2.88B
Returns By Period
In the year-to-date period, GE achieves a 18.58% return, which is significantly higher than GEHC's -14.16% return.
GE
18.58%
-6.94%
10.21%
24.84%
45.46%
5.90%
GEHC
-14.16%
-18.65%
-24.51%
-22.56%
N/A
N/A
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Risk-Adjusted Performance
GE vs. GEHC — Risk-Adjusted Performance Rank
GE
GEHC
GE vs. GEHC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for General Electric Company (GE) and GE HealthCare Technologies Inc. (GEHC). 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
GE vs. GEHC - Dividend Comparison
GE's dividend yield for the trailing twelve months is around 0.61%, more than GEHC's 0.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GE General Electric Company | 0.61% | 0.67% | 0.25% | 0.38% | 0.34% | 0.37% | 0.36% | 4.89% | 4.81% | 2.94% | 2.95% | 3.52% |
GEHC GE HealthCare Technologies Inc. | 0.19% | 0.15% | 0.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GE vs. GEHC - Drawdown Comparison
The maximum GE drawdown since its inception was -85.53%, which is greater than GEHC's maximum drawdown of -37.35%. Use the drawdown chart below to compare losses from any high point for GE and GEHC. For additional features, visit the drawdowns tool.
Volatility
GE vs. GEHC - Volatility Comparison
The current volatility for General Electric Company (GE) is 19.48%, while GE HealthCare Technologies Inc. (GEHC) has a volatility of 24.94%. This indicates that GE experiences smaller price fluctuations and is considered to be less risky than GEHC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
GE vs. GEHC - Financials Comparison
This section allows you to compare key financial metrics between General Electric Company and GE HealthCare Technologies 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