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LECO vs. ABBV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Key characteristics


LECOABBV
YTD Return-11.06%29.23%
1Y Return4.61%35.85%
3Y Return (Ann)13.90%25.45%
5Y Return (Ann)19.88%26.69%
10Y Return (Ann)13.80%18.22%
Sharpe Ratio0.191.89
Sortino Ratio0.432.42
Omega Ratio1.061.34
Calmar Ratio0.152.25
Martin Ratio0.306.88
Ulcer Index16.58%5.18%
Daily Std Dev27.10%18.90%
Max Drawdown-68.89%-45.09%
Current Drawdown-25.36%-2.31%

Fundamentals


LECOABBV
Market Cap$10.85B$343.99B
EPS$8.84$3.00
PE Ratio21.6564.92
PEG Ratio1.640.46
Total Revenue (TTM)$3.06B$41.07B
Gross Profit (TTM)$1.12B$32.43B
EBITDA (TTM)$595.97M$14.33B

Correlation

-0.50.00.51.00.3

The correlation between LECO and ABBV is 0.28, 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

LECO vs. ABBV - Performance Comparison

In the year-to-date period, LECO achieves a -11.06% return, which is significantly lower than ABBV's 29.23% return. Over the past 10 years, LECO has underperformed ABBV with an annualized return of 13.80%, while ABBV has yielded a comparatively higher 18.22% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-30.00%-20.00%-10.00%0.00%10.00%20.00%MayJuneJulyAugustSeptemberOctober
-20.17%
17.36%
LECO
ABBV

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Risk-Adjusted Performance

LECO vs. ABBV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Lincoln Electric Holdings, Inc. (LECO) and AbbVie Inc. (ABBV). 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.


LECO
Sharpe ratio
The chart of Sharpe ratio for LECO, currently valued at 0.19, compared to the broader market-4.00-2.000.002.000.19
Sortino ratio
The chart of Sortino ratio for LECO, currently valued at 0.43, compared to the broader market-4.00-2.000.002.004.000.43
Omega ratio
The chart of Omega ratio for LECO, currently valued at 1.06, compared to the broader market0.501.001.502.001.06
Calmar ratio
The chart of Calmar ratio for LECO, currently valued at 0.15, compared to the broader market0.002.004.006.000.15
Martin ratio
The chart of Martin ratio for LECO, currently valued at 0.30, compared to the broader market-30.00-20.00-10.000.0010.0020.000.30
ABBV
Sharpe ratio
The chart of Sharpe ratio for ABBV, currently valued at 1.89, compared to the broader market-4.00-2.000.002.001.89
Sortino ratio
The chart of Sortino ratio for ABBV, currently valued at 2.42, compared to the broader market-4.00-2.000.002.004.002.42
Omega ratio
The chart of Omega ratio for ABBV, currently valued at 1.34, compared to the broader market0.501.001.502.001.34
Calmar ratio
The chart of Calmar ratio for ABBV, currently valued at 2.25, compared to the broader market0.002.004.006.002.25
Martin ratio
The chart of Martin ratio for ABBV, currently valued at 6.88, compared to the broader market-30.00-20.00-10.000.0010.0020.006.88

LECO vs. ABBV - Sharpe Ratio Comparison

The current LECO Sharpe Ratio is 0.19, which is lower than the ABBV Sharpe Ratio of 1.89. The chart below compares the historical Sharpe Ratios of LECO and ABBV, offering insights into how both instruments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00MayJuneJulyAugustSeptemberOctober
0.19
1.89
LECO
ABBV

Dividends

LECO vs. ABBV - Dividend Comparison

LECO's dividend yield for the trailing twelve months is around 1.48%, less than ABBV's 3.15% yield.


TTM20232022202120202019201820172016201520142013
LECO
Lincoln Electric Holdings, Inc.
1.48%1.21%1.61%1.50%1.70%1.96%2.08%1.57%1.71%2.29%1.42%1.16%
ABBV
AbbVie Inc.
3.15%3.82%3.49%3.84%4.41%4.83%3.89%2.65%3.64%3.41%2.54%3.03%

Drawdowns

LECO vs. ABBV - Drawdown Comparison

The maximum LECO drawdown since its inception was -68.89%, which is greater than ABBV's maximum drawdown of -45.09%. Use the drawdown chart below to compare losses from any high point for LECO and ABBV. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%MayJuneJulyAugustSeptemberOctober
-25.36%
-2.31%
LECO
ABBV

Volatility

LECO vs. ABBV - Volatility Comparison

Lincoln Electric Holdings, Inc. (LECO) has a higher volatility of 6.59% compared to AbbVie Inc. (ABBV) at 4.03%. This indicates that LECO's price experiences larger fluctuations and is considered to be riskier than ABBV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%MayJuneJulyAugustSeptemberOctober
6.59%
4.03%
LECO
ABBV

Financials

LECO vs. ABBV - Financials Comparison

This section allows you to compare key financial metrics between Lincoln Electric Holdings, Inc. and AbbVie 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