HCA vs. CNC
Compare and contrast key facts about HCA Healthcare, Inc. (HCA) and Centene Corporation (CNC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HCA or CNC.
Correlation
The correlation between HCA and CNC is 0.39, 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
HCA vs. CNC - Performance Comparison
Key characteristics
HCA:
0.66
CNC:
-0.58
HCA:
0.99
CNC:
-0.64
HCA:
1.14
CNC:
0.92
HCA:
0.57
CNC:
-0.42
HCA:
1.89
CNC:
-1.30
HCA:
8.53%
CNC:
13.49%
HCA:
24.53%
CNC:
30.11%
HCA:
-54.74%
CNC:
-64.42%
HCA:
-26.78%
CNC:
-38.72%
Fundamentals
HCA:
$77.96B
CNC:
$29.19B
HCA:
$22.26
CNC:
$5.79
HCA:
13.83
CNC:
9.98
HCA:
0.99
CNC:
0.63
HCA:
$69.62B
CNC:
$161.73B
HCA:
$34.84B
CNC:
$20.97B
HCA:
$13.96B
CNC:
$5.89B
Returns By Period
In the year-to-date period, HCA achieves a 13.05% return, which is significantly higher than CNC's -19.71% return. Over the past 10 years, HCA has outperformed CNC with an annualized return of 15.80%, while CNC has yielded a comparatively lower 8.57% annualized return.
HCA
13.05%
-8.63%
-10.08%
13.86%
16.52%
15.80%
CNC
-19.71%
0.81%
-12.29%
-18.84%
-0.77%
8.57%
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Risk-Adjusted Performance
HCA vs. CNC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HCA Healthcare, Inc. (HCA) and Centene Corporation (CNC). 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
HCA vs. CNC - Dividend Comparison
HCA's dividend yield for the trailing twelve months is around 0.87%, while CNC has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
HCA HCA Healthcare, Inc. | 0.87% | 0.89% | 0.93% | 0.75% | 0.47% | 1.08% | 1.12% |
CNC Centene Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HCA vs. CNC - Drawdown Comparison
The maximum HCA drawdown since its inception was -54.74%, smaller than the maximum CNC drawdown of -64.42%. Use the drawdown chart below to compare losses from any high point for HCA and CNC. For additional features, visit the drawdowns tool.
Volatility
HCA vs. CNC - Volatility Comparison
The current volatility for HCA Healthcare, Inc. (HCA) is 4.94%, while Centene Corporation (CNC) has a volatility of 8.61%. This indicates that HCA experiences smaller price fluctuations and is considered to be less risky than CNC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
HCA vs. CNC - Financials Comparison
This section allows you to compare key financial metrics between HCA Healthcare, Inc. and Centene 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.
Total Revenue: Total amount of money received from sales and other business activities