GMED vs. ALGN
Compare and contrast key facts about Globus Medical, Inc. (GMED) and Align Technology, Inc. (ALGN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GMED or ALGN.
Key characteristics
| GMED | ALGN | |
|---|---|---|
| YTD Return | 52.19% | -19.11% |
| 1Y Return | 77.04% | 8.09% |
| 3Y Return (Ann) | 4.65% | -31.25% |
| 5Y Return (Ann) | 8.12% | -3.44% |
| 10Y Return (Ann) | 13.74% | 15.15% |
| Sharpe Ratio | 2.30 | 0.25 |
| Sortino Ratio | 3.64 | 0.63 |
| Omega Ratio | 1.48 | 1.07 |
| Calmar Ratio | 1.61 | 0.13 |
| Martin Ratio | 16.40 | 0.45 |
| Ulcer Index | 4.64% | 20.89% |
| Daily Std Dev | 33.07% | 38.10% |
| Max Drawdown | -47.91% | -92.80% |
| Current Drawdown | -3.52% | -69.64% |
Fundamentals
| GMED | ALGN | |
|---|---|---|
| Market Cap | $11.36B | $16.36B |
| EPS | $0.62 | $5.86 |
| PE Ratio | 134.55 | 37.39 |
| PEG Ratio | 2.17 | 1.32 |
| Total Revenue (TTM) | $2.48B | $3.96B |
| Gross Profit (TTM) | $1.38B | $2.78B |
| EBITDA (TTM) | $366.24M | $668.71M |
Correlation
The correlation between GMED and ALGN is 0.42, 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
GMED vs. ALGN - Performance Comparison
In the year-to-date period, GMED achieves a 52.19% return, which is significantly higher than ALGN's -19.11% return. Over the past 10 years, GMED has underperformed ALGN with an annualized return of 13.74%, while ALGN has yielded a comparatively higher 15.15% annualized 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
GMED vs. ALGN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Globus Medical, Inc. (GMED) and Align Technology, Inc. (ALGN). 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
GMED vs. ALGN - Dividend Comparison
Neither GMED nor ALGN has paid dividends to shareholders.
Drawdowns
GMED vs. ALGN - Drawdown Comparison
The maximum GMED drawdown since its inception was -47.91%, smaller than the maximum ALGN drawdown of -92.80%. Use the drawdown chart below to compare losses from any high point for GMED and ALGN. For additional features, visit the drawdowns tool.
Volatility
GMED vs. ALGN - Volatility Comparison
Globus Medical, Inc. (GMED) and Align Technology, Inc. (ALGN) have volatilities of 10.63% and 10.81%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
GMED vs. ALGN - Financials Comparison
This section allows you to compare key financial metrics between Globus Medical, Inc. and Align Technology, 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