GNG.AX vs. ADP
Compare and contrast key facts about GR Engineering Services Limited (GNG.AX) and Automatic Data Processing, Inc. (ADP).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GNG.AX or ADP.
Correlation
The correlation between GNG.AX and ADP is 0.07, 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.
Performance
GNG.AX vs. ADP - Performance Comparison
Key characteristics
GNG.AX:
1.49
ADP:
1.65
GNG.AX:
2.17
ADP:
2.30
GNG.AX:
1.27
ADP:
1.29
GNG.AX:
1.46
ADP:
2.53
GNG.AX:
4.31
ADP:
8.47
GNG.AX:
8.72%
ADP:
3.02%
GNG.AX:
25.41%
ADP:
15.49%
GNG.AX:
-80.31%
ADP:
-59.50%
GNG.AX:
-3.70%
ADP:
-0.79%
Fundamentals
GNG.AX:
A$478.16M
ADP:
$126.44B
GNG.AX:
A$0.18
ADP:
$9.58
GNG.AX:
15.89
ADP:
32.44
GNG.AX:
0.00
ADP:
3.63
GNG.AX:
A$236.79M
ADP:
$19.90B
GNG.AX:
A$184.96M
ADP:
$9.35B
GNG.AX:
A$29.45M
ADP:
$6.11B
Returns By Period
In the year-to-date period, GNG.AX achieves a 15.79% return, which is significantly higher than ADP's 6.16% return. Over the past 10 years, GNG.AX has outperformed ADP with an annualized return of 20.08%, while ADP has yielded a comparatively lower 15.82% annualized return.
GNG.AX
15.79%
4.76%
54.03%
34.64%
36.49%
20.08%
ADP
6.16%
4.86%
16.45%
24.66%
14.14%
15.82%
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Risk-Adjusted Performance
GNG.AX vs. ADP — Risk-Adjusted Performance Rank
GNG.AX
ADP
GNG.AX vs. ADP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GR Engineering Services Limited (GNG.AX) and Automatic Data Processing, Inc. (ADP). 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
GNG.AX vs. ADP - Dividend Comparison
GNG.AX's dividend yield for the trailing twelve months is around 6.64%, more than ADP's 1.85% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GNG.AX GR Engineering Services Limited | 6.64% | 7.69% | 8.56% | 9.31% | 5.71% | 4.92% | 7.50% | 10.28% | 3.47% | 7.38% | 12.18% | 9.59% |
ADP Automatic Data Processing, Inc. | 1.85% | 1.96% | 2.21% | 1.83% | 1.55% | 2.08% | 1.92% | 2.14% | 2.00% | 2.10% | 2.36% | 2.10% |
Drawdowns
GNG.AX vs. ADP - Drawdown Comparison
The maximum GNG.AX drawdown since its inception was -80.31%, which is greater than ADP's maximum drawdown of -59.50%. Use the drawdown chart below to compare losses from any high point for GNG.AX and ADP. For additional features, visit the drawdowns tool.
Volatility
GNG.AX vs. ADP - Volatility Comparison
GR Engineering Services Limited (GNG.AX) has a higher volatility of 7.34% compared to Automatic Data Processing, Inc. (ADP) at 3.36%. This indicates that GNG.AX's price experiences larger fluctuations and is considered to be riskier than ADP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
GNG.AX vs. ADP - Financials Comparison
This section allows you to compare key financial metrics between GR Engineering Services Limited and Automatic Data Processing, 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