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GMED vs. EW
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between GMED and EW is 0.40, 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.


-0.50.00.51.00.4

Performance

GMED vs. EW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Globus Medical, Inc. (GMED) and Edwards Lifesciences Corporation (EW). The values are adjusted to include any dividend payments, if applicable.

-30.00%-20.00%-10.00%0.00%10.00%20.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
22.06%
-18.04%
GMED
EW

Key characteristics

Sharpe Ratio

GMED:

1.90

EW:

-0.07

Sortino Ratio

GMED:

3.20

EW:

0.20

Omega Ratio

GMED:

1.42

EW:

1.04

Calmar Ratio

GMED:

1.51

EW:

-0.05

Martin Ratio

GMED:

13.18

EW:

-0.14

Ulcer Index

GMED:

4.67%

EW:

19.08%

Daily Std Dev

GMED:

32.34%

EW:

41.61%

Max Drawdown

GMED:

-47.91%

EW:

-54.32%

Current Drawdown

GMED:

-4.47%

EW:

-44.28%

Fundamentals

Market Cap

GMED:

$11.36B

EW:

$43.72B

EPS

GMED:

$0.62

EW:

$2.59

PE Ratio

GMED:

134.55

EW:

28.62

PEG Ratio

GMED:

2.19

EW:

6.79

Total Revenue (TTM)

GMED:

$2.48B

EW:

$5.87B

Gross Profit (TTM)

GMED:

$1.35B

EW:

$4.57B

EBITDA (TTM)

GMED:

$517.61M

EW:

$1.70B

Returns By Period

In the year-to-date period, GMED achieves a 53.46% return, which is significantly higher than EW's -4.51% return. Both investments have delivered pretty close results over the past 10 years, with GMED having a 12.98% annualized return and EW not far behind at 12.64%.


GMED

YTD

53.46%

1M

-0.06%

6M

22.02%

1Y

57.91%

5Y*

6.83%

10Y*

12.98%

EW

YTD

-4.51%

1M

4.18%

6M

-17.75%

1Y

-3.32%

5Y*

-1.57%

10Y*

12.64%

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Risk-Adjusted Performance

GMED vs. EW - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Globus Medical, Inc. (GMED) and Edwards Lifesciences Corporation (EW). 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 GMED, currently valued at 1.90, compared to the broader market-4.00-2.000.002.001.90-0.07
The chart of Sortino ratio for GMED, currently valued at 3.20, compared to the broader market-4.00-2.000.002.004.003.200.20
The chart of Omega ratio for GMED, currently valued at 1.42, compared to the broader market0.501.001.502.001.421.04
The chart of Calmar ratio for GMED, currently valued at 1.51, compared to the broader market0.002.004.006.001.51-0.05
The chart of Martin ratio for GMED, currently valued at 13.18, compared to the broader market0.0010.0020.0013.18-0.14
GMED
EW

The current GMED Sharpe Ratio is 1.90, which is higher than the EW Sharpe Ratio of -0.07. The chart below compares the historical Sharpe Ratios of GMED and EW, 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-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
1.90
-0.07
GMED
EW

Dividends

GMED vs. EW - Dividend Comparison

Neither GMED nor EW has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

GMED vs. EW - Drawdown Comparison

The maximum GMED drawdown since its inception was -47.91%, smaller than the maximum EW drawdown of -54.32%. Use the drawdown chart below to compare losses from any high point for GMED and EW. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.47%
-44.28%
GMED
EW

Volatility

GMED vs. EW - Volatility Comparison

The current volatility for Globus Medical, Inc. (GMED) is 5.19%, while Edwards Lifesciences Corporation (EW) has a volatility of 8.07%. This indicates that GMED experiences smaller price fluctuations and is considered to be less risky than EW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
5.19%
8.07%
GMED
EW

Financials

GMED vs. EW - Financials Comparison

This section allows you to compare key financial metrics between Globus Medical, Inc. and Edwards Lifesciences 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.


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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