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

Correlation

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.


-0.50.00.51.00.3

Performance

LECO vs. ABBV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lincoln Electric Holdings, Inc. (LECO) and AbbVie Inc. (ABBV). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
1.81%
2.41%
LECO
ABBV

Key characteristics

Sharpe Ratio

LECO:

-0.39

ABBV:

0.67

Sortino Ratio

LECO:

-0.38

ABBV:

0.96

Omega Ratio

LECO:

0.95

ABBV:

1.15

Calmar Ratio

LECO:

-0.33

ABBV:

0.83

Martin Ratio

LECO:

-0.58

ABBV:

2.29

Ulcer Index

LECO:

18.83%

ABBV:

6.89%

Daily Std Dev

LECO:

28.16%

ABBV:

23.67%

Max Drawdown

LECO:

-68.89%

ABBV:

-45.09%

Current Drawdown

LECO:

-25.95%

ABBV:

-15.87%

Fundamentals

Market Cap

LECO:

$11.24B

ABBV:

$309.92B

EPS

LECO:

$8.38

ABBV:

$2.88

PE Ratio

LECO:

23.76

ABBV:

60.90

PEG Ratio

LECO:

1.87

ABBV:

0.42

Total Revenue (TTM)

LECO:

$4.04B

ABBV:

$55.53B

Gross Profit (TTM)

LECO:

$1.47B

ABBV:

$42.68B

EBITDA (TTM)

LECO:

$759.60M

ABBV:

$24.24B

Returns By Period

In the year-to-date period, LECO achieves a -11.78% return, which is significantly lower than ABBV's 14.73% return. Over the past 10 years, LECO has underperformed ABBV with an annualized return of 12.68%, while ABBV has yielded a comparatively higher 14.53% annualized return.


LECO

YTD

-11.78%

1M

-6.81%

6M

2.59%

1Y

-10.22%

5Y*

16.20%

10Y*

12.68%

ABBV

YTD

14.73%

1M

2.97%

6M

1.37%

1Y

17.21%

5Y*

18.99%

10Y*

14.53%

Compare stocks, funds, or ETFs

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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.


Sharpe ratio
The chart of Sharpe ratio for LECO, currently valued at -0.39, compared to the broader market-4.00-2.000.002.00-0.390.67
The chart of Sortino ratio for LECO, currently valued at -0.38, compared to the broader market-4.00-2.000.002.004.00-0.380.96
The chart of Omega ratio for LECO, currently valued at 0.95, compared to the broader market0.501.001.502.000.951.15
The chart of Calmar ratio for LECO, currently valued at -0.33, compared to the broader market0.002.004.006.00-0.330.83
The chart of Martin ratio for LECO, currently valued at -0.58, compared to the broader market0.0010.0020.00-0.582.29
LECO
ABBV

The current LECO Sharpe Ratio is -0.39, which is lower than the ABBV Sharpe Ratio of 0.67. The chart below compares the historical Sharpe Ratios of LECO and ABBV, 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 Ratio0.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
-0.39
0.67
LECO
ABBV

Dividends

LECO vs. ABBV - Dividend Comparison

LECO's dividend yield for the trailing twelve months is around 1.50%, less than ABBV's 3.61% yield.


TTM20232022202120202019201820172016201520142013
LECO
Lincoln Electric Holdings, Inc.
1.50%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.
3.61%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%JulyAugustSeptemberOctoberNovemberDecember
-25.95%
-15.87%
LECO
ABBV

Volatility

LECO vs. ABBV - Volatility Comparison

Lincoln Electric Holdings, Inc. (LECO) has a higher volatility of 7.62% compared to AbbVie Inc. (ABBV) at 6.39%. 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.


5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
7.62%
6.39%
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
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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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