GTLB vs. PATH
Compare and contrast key facts about GitLab Inc. (GTLB) and UiPath Inc. (PATH).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GTLB or PATH.
Correlation
The correlation between GTLB and PATH is 0.65, 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
GTLB vs. PATH - Performance Comparison
Key characteristics
GTLB:
-0.12
PATH:
-0.76
GTLB:
0.24
PATH:
-0.80
GTLB:
1.03
PATH:
0.87
GTLB:
-0.10
PATH:
-0.46
GTLB:
-0.25
PATH:
-0.91
GTLB:
26.66%
PATH:
44.03%
GTLB:
57.03%
PATH:
52.71%
GTLB:
-79.55%
PATH:
-87.61%
GTLB:
-48.17%
PATH:
-82.46%
Fundamentals
GTLB:
$11.45B
PATH:
$8.21B
GTLB:
-$0.29
PATH:
-$0.16
GTLB:
$547.82M
PATH:
$1.01B
GTLB:
$485.55M
PATH:
$823.02M
GTLB:
-$113.88M
PATH:
-$182.16M
Returns By Period
In the year-to-date period, GTLB achieves a 20.37% return, which is significantly higher than PATH's 17.47% return.
GTLB
20.37%
7.79%
49.37%
-8.46%
N/A
N/A
PATH
17.47%
11.67%
25.99%
-41.84%
N/A
N/A
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Risk-Adjusted Performance
GTLB vs. PATH — Risk-Adjusted Performance Rank
GTLB
PATH
GTLB vs. PATH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GitLab Inc. (GTLB) and UiPath Inc. (PATH). 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
GTLB vs. PATH - Dividend Comparison
Neither GTLB nor PATH has paid dividends to shareholders.
Drawdowns
GTLB vs. PATH - Drawdown Comparison
The maximum GTLB drawdown since its inception was -79.55%, smaller than the maximum PATH drawdown of -87.61%. Use the drawdown chart below to compare losses from any high point for GTLB and PATH. For additional features, visit the drawdowns tool.
Volatility
GTLB vs. PATH - Volatility Comparison
GitLab Inc. (GTLB) and UiPath Inc. (PATH) have volatilities of 16.26% and 15.92%, 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
GTLB vs. PATH - Financials Comparison
This section allows you to compare key financial metrics between GitLab Inc. and UiPath 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