LH vs. DGX
Compare and contrast key facts about Laboratory Corporation of America Holdings (LH) and Quest Diagnostics Incorporated (DGX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LH or DGX.
Correlation
The correlation between LH and DGX is 0.54, 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.
Performance
LH vs. DGX - Performance Comparison
Key characteristics
LH:
0.19
DGX:
0.68
LH:
0.45
DGX:
1.19
LH:
1.05
DGX:
1.14
LH:
0.16
DGX:
0.55
LH:
0.53
DGX:
2.59
LH:
8.03%
DGX:
5.30%
LH:
22.04%
DGX:
20.28%
LH:
-96.05%
DGX:
-49.46%
LH:
-13.20%
DGX:
-7.71%
Fundamentals
LH:
$19.21B
DGX:
$17.36B
LH:
$5.28
DGX:
$7.43
LH:
43.49
DGX:
20.93
LH:
0.49
DGX:
1.81
LH:
$12.71B
DGX:
$9.54B
LH:
$3.37B
DGX:
$3.08B
LH:
$1.41B
DGX:
$1.78B
Returns By Period
In the year-to-date period, LH achieves a 0.88% return, which is significantly lower than DGX's 12.06% return. Over the past 10 years, LH has underperformed DGX with an annualized return of 9.95%, while DGX has yielded a comparatively higher 10.90% annualized return.
LH
0.88%
-4.88%
10.27%
2.34%
10.24%
9.95%
DGX
12.06%
-6.70%
11.30%
13.23%
9.48%
10.90%
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Risk-Adjusted Performance
LH vs. DGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Laboratory Corporation of America Holdings (LH) and Quest Diagnostics Incorporated (DGX). 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
LH vs. DGX - Dividend Comparison
LH's dividend yield for the trailing twelve months is around 1.27%, less than DGX's 1.96% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LH Laboratory Corporation of America Holdings | 1.27% | 1.18% | 0.92% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DGX Quest Diagnostics Incorporated | 1.96% | 2.02% | 2.08% | 1.40% | 1.85% | 1.99% | 2.34% | 1.83% | 1.72% | 2.07% | 1.92% | 2.24% |
Drawdowns
LH vs. DGX - Drawdown Comparison
The maximum LH drawdown since its inception was -96.05%, which is greater than DGX's maximum drawdown of -49.46%. Use the drawdown chart below to compare losses from any high point for LH and DGX. For additional features, visit the drawdowns tool.
Volatility
LH vs. DGX - Volatility Comparison
Laboratory Corporation of America Holdings (LH) and Quest Diagnostics Incorporated (DGX) have volatilities of 4.83% and 4.85%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
LH vs. DGX - Financials Comparison
This section allows you to compare key financial metrics between Laboratory Corporation of America Holdings and Quest Diagnostics Incorporated. 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