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LEGN vs. ADVM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between LEGN and ADVM is 0.25, 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

LEGN vs. ADVM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Legend Biotech Corporation (LEGN) and Adverum Biotechnologies, Inc. (ADVM). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

LEGN:

-0.65

ADVM:

-0.95

Sortino Ratio

LEGN:

-0.63

ADVM:

-1.62

Omega Ratio

LEGN:

0.93

ADVM:

0.81

Calmar Ratio

LEGN:

-0.48

ADVM:

-0.71

Martin Ratio

LEGN:

-0.94

ADVM:

-1.65

Ulcer Index

LEGN:

32.43%

ADVM:

43.04%

Daily Std Dev

LEGN:

51.22%

ADVM:

75.46%

Max Drawdown

LEGN:

-63.80%

ADVM:

-99.66%

Current Drawdown

LEGN:

-62.16%

ADVM:

-99.63%

Fundamentals

Market Cap

LEGN:

$5.33B

ADVM:

$46.38M

EPS

LEGN:

-$1.18

ADVM:

-$7.22

PS Ratio

LEGN:

7.32

ADVM:

46.38

PB Ratio

LEGN:

5.24

ADVM:

1.75

Total Revenue (TTM)

LEGN:

$728.30M

ADVM:

-$2.60M

Gross Profit (TTM)

LEGN:

$477.12M

ADVM:

-$11.49M

EBITDA (TTM)

LEGN:

-$153.44M

ADVM:

-$83.89M

Returns By Period

In the year-to-date period, LEGN achieves a -11.03% return, which is significantly higher than ADVM's -52.46% return.


LEGN

YTD

-11.03%

1M

-14.75%

6M

-31.19%

1Y

-27.64%

3Y*

-11.87%

5Y*

N/A

10Y*

N/A

ADVM

YTD

-52.46%

1M

-33.33%

6M

-66.57%

1Y

-71.97%

3Y*

-37.22%

5Y*

-59.60%

10Y*

-40.13%

*Annualized

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Legend Biotech Corporation

Adverum Biotechnologies, Inc.

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

LEGN vs. ADVM — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LEGN
The Risk-Adjusted Performance Rank of LEGN is 2121
Overall Rank
The Sharpe Ratio Rank of LEGN is 1515
Sharpe Ratio Rank
The Sortino Ratio Rank of LEGN is 1919
Sortino Ratio Rank
The Omega Ratio Rank of LEGN is 2020
Omega Ratio Rank
The Calmar Ratio Rank of LEGN is 2020
Calmar Ratio Rank
The Martin Ratio Rank of LEGN is 2828
Martin Ratio Rank

ADVM
The Risk-Adjusted Performance Rank of ADVM is 55
Overall Rank
The Sharpe Ratio Rank of ADVM is 44
Sharpe Ratio Rank
The Sortino Ratio Rank of ADVM is 44
Sortino Ratio Rank
The Omega Ratio Rank of ADVM is 66
Omega Ratio Rank
The Calmar Ratio Rank of ADVM is 88
Calmar Ratio Rank
The Martin Ratio Rank of ADVM is 33
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

LEGN vs. ADVM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Legend Biotech Corporation (LEGN) and Adverum Biotechnologies, Inc. (ADVM). 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.


The current LEGN Sharpe Ratio is -0.65, which is higher than the ADVM Sharpe Ratio of -0.95. The chart below compares the historical Sharpe Ratios of LEGN and ADVM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

LEGN vs. ADVM - Dividend Comparison

Neither LEGN nor ADVM has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

LEGN vs. ADVM - Drawdown Comparison

The maximum LEGN drawdown since its inception was -63.80%, smaller than the maximum ADVM drawdown of -99.66%. Use the drawdown chart below to compare losses from any high point for LEGN and ADVM.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

LEGN vs. ADVM - Volatility Comparison

The current volatility for Legend Biotech Corporation (LEGN) is 16.80%, while Adverum Biotechnologies, Inc. (ADVM) has a volatility of 32.87%. This indicates that LEGN experiences smaller price fluctuations and is considered to be less risky than ADVM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

LEGN vs. ADVM - Financials Comparison

This section allows you to compare key financial metrics between Legend Biotech Corporation and Adverum Biotechnologies, 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


0.0050.00M100.00M150.00M200.00M20212022202320242025
195.05M
-3.60M
(LEGN) Total Revenue
(ADVM) Total Revenue
Values in USD except per share items