LEGN vs. ADVM
Compare and contrast key facts about Legend Biotech Corporation (LEGN) and Adverum Biotechnologies, Inc. (ADVM).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LEGN or ADVM.
Correlation
The correlation between LEGN and ADVM is 0.19, 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
Key characteristics
LEGN:
-0.97
ADVM:
-1.21
LEGN:
-1.44
ADVM:
-2.49
LEGN:
0.84
ADVM:
0.73
LEGN:
-0.80
ADVM:
-0.77
LEGN:
-1.36
ADVM:
-1.24
LEGN:
34.61%
ADVM:
61.59%
LEGN:
48.49%
ADVM:
63.13%
LEGN:
-58.92%
ADVM:
-99.36%
LEGN:
-55.32%
ADVM:
-99.23%
Fundamentals
LEGN:
$6.27B
ADVM:
$96.11M
LEGN:
-$1.92
ADVM:
-$5.95
LEGN:
$440.72M
ADVM:
$1.00M
LEGN:
$274.34M
ADVM:
-$1.84M
LEGN:
-$165.62M
ADVM:
-$70.91M
Returns By Period
In the year-to-date period, LEGN achieves a 5.04% return, which is significantly higher than ADVM's -1.07% return.
LEGN
5.04%
-9.67%
-36.76%
-46.41%
N/A
N/A
ADVM
-1.07%
3.36%
-32.26%
-75.03%
-47.86%
-35.57%
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Risk-Adjusted Performance
LEGN vs. ADVM — Risk-Adjusted Performance Rank
LEGN
ADVM
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.
Dividends
LEGN vs. ADVM - Dividend Comparison
Neither LEGN nor ADVM has paid dividends to shareholders.
Drawdowns
LEGN vs. ADVM - Drawdown Comparison
The maximum LEGN drawdown since its inception was -58.92%, smaller than the maximum ADVM drawdown of -99.36%. Use the drawdown chart below to compare losses from any high point for LEGN and ADVM. For additional features, visit the drawdowns tool.
Volatility
LEGN vs. ADVM - Volatility Comparison
The current volatility for Legend Biotech Corporation (LEGN) is 14.94%, while Adverum Biotechnologies, Inc. (ADVM) has a volatility of 25.03%. 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.
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.
Total Revenue: Total amount of money received from sales and other business activities