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IDXX vs. GOOGL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between IDXX and GOOGL is 0.41, 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.


-0.50.00.51.00.4

Performance

IDXX vs. GOOGL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IDEXX Laboratories, Inc. (IDXX) and Alphabet Inc. (GOOGL). The values are adjusted to include any dividend payments, if applicable.

3,000.00%4,000.00%5,000.00%6,000.00%7,000.00%8,000.00%JulyAugustSeptemberOctoberNovemberDecember
3,196.63%
7,430.88%
IDXX
GOOGL

Key characteristics

Sharpe Ratio

IDXX:

-0.88

GOOGL:

1.40

Sortino Ratio

IDXX:

-1.18

GOOGL:

1.95

Omega Ratio

IDXX:

0.86

GOOGL:

1.26

Calmar Ratio

IDXX:

-0.57

GOOGL:

1.77

Martin Ratio

IDXX:

-1.55

GOOGL:

4.30

Ulcer Index

IDXX:

15.47%

GOOGL:

9.13%

Daily Std Dev

IDXX:

27.18%

GOOGL:

27.96%

Max Drawdown

IDXX:

-81.46%

GOOGL:

-65.29%

Current Drawdown

IDXX:

-41.80%

GOOGL:

-4.20%

Fundamentals

Market Cap

IDXX:

$34.97B

GOOGL:

$2.40T

EPS

IDXX:

$10.38

GOOGL:

$7.53

PE Ratio

IDXX:

41.15

GOOGL:

25.95

PEG Ratio

IDXX:

4.50

GOOGL:

1.22

Total Revenue (TTM)

IDXX:

$3.84B

GOOGL:

$339.69B

Gross Profit (TTM)

IDXX:

$2.34B

GOOGL:

$196.73B

EBITDA (TTM)

IDXX:

$1.25B

GOOGL:

$124.94B

Returns By Period

In the year-to-date period, IDXX achieves a -26.00% return, which is significantly lower than GOOGL's 35.36% return. Over the past 10 years, IDXX has underperformed GOOGL with an annualized return of 18.72%, while GOOGL has yielded a comparatively higher 21.99% annualized return.


IDXX

YTD

-26.00%

1M

-2.16%

6M

-18.44%

1Y

-24.73%

5Y*

9.48%

10Y*

18.72%

GOOGL

YTD

35.36%

1M

7.60%

6M

7.87%

1Y

38.37%

5Y*

22.94%

10Y*

21.99%

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Risk-Adjusted Performance

IDXX vs. GOOGL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for IDEXX Laboratories, Inc. (IDXX) and Alphabet Inc. (GOOGL). 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 IDXX, currently valued at -0.88, compared to the broader market-4.00-2.000.002.00-0.881.40
The chart of Sortino ratio for IDXX, currently valued at -1.18, compared to the broader market-4.00-2.000.002.004.00-1.181.95
The chart of Omega ratio for IDXX, currently valued at 0.86, compared to the broader market0.501.001.502.000.861.26
The chart of Calmar ratio for IDXX, currently valued at -0.57, compared to the broader market0.002.004.006.00-0.571.77
The chart of Martin ratio for IDXX, currently valued at -1.55, compared to the broader market0.0010.0020.00-1.554.30
IDXX
GOOGL

The current IDXX Sharpe Ratio is -0.88, which is lower than the GOOGL Sharpe Ratio of 1.40. The chart below compares the historical Sharpe Ratios of IDXX and GOOGL, 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-1.00-0.500.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
-0.88
1.40
IDXX
GOOGL

Dividends

IDXX vs. GOOGL - Dividend Comparison

IDXX has not paid dividends to shareholders, while GOOGL's dividend yield for the trailing twelve months is around 0.32%.


TTM
IDXX
IDEXX Laboratories, Inc.
0.00%
GOOGL
Alphabet Inc.
0.32%

Drawdowns

IDXX vs. GOOGL - Drawdown Comparison

The maximum IDXX drawdown since its inception was -81.46%, which is greater than GOOGL's maximum drawdown of -65.29%. Use the drawdown chart below to compare losses from any high point for IDXX and GOOGL. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-41.80%
-4.20%
IDXX
GOOGL

Volatility

IDXX vs. GOOGL - Volatility Comparison

The current volatility for IDEXX Laboratories, Inc. (IDXX) is 8.00%, while Alphabet Inc. (GOOGL) has a volatility of 11.64%. This indicates that IDXX experiences smaller price fluctuations and is considered to be less risky than GOOGL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
8.00%
11.64%
IDXX
GOOGL

Financials

IDXX vs. GOOGL - Financials Comparison

This section allows you to compare key financial metrics between IDEXX Laboratories, Inc. and Alphabet 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.


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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