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LH vs. RDNT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between LH and RDNT is 0.16, 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.


-0.50.00.51.00.2

Performance

LH vs. RDNT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Laboratory Corporation of America Holdings (LH) and RadNet, Inc. (RDNT). The values are adjusted to include any dividend payments, if applicable.

0.00%10,000.00%20,000.00%30,000.00%40,000.00%50,000.00%JulyAugustSeptemberOctoberNovemberDecember
723.38%
38,518.67%
LH
RDNT

Key characteristics

Sharpe Ratio

LH:

0.19

RDNT:

2.33

Sortino Ratio

LH:

0.45

RDNT:

3.60

Omega Ratio

LH:

1.05

RDNT:

1.42

Calmar Ratio

LH:

0.16

RDNT:

6.29

Martin Ratio

LH:

0.53

RDNT:

22.28

Ulcer Index

LH:

8.03%

RDNT:

4.56%

Daily Std Dev

LH:

22.04%

RDNT:

43.68%

Max Drawdown

LH:

-96.05%

RDNT:

-92.15%

Current Drawdown

LH:

-13.20%

RDNT:

-16.17%

Fundamentals

Market Cap

LH:

$19.21B

RDNT:

$5.66B

EPS

LH:

$5.28

RDNT:

-$0.07

PEG Ratio

LH:

0.49

RDNT:

2.32

Total Revenue (TTM)

LH:

$12.71B

RDNT:

$1.77B

Gross Profit (TTM)

LH:

$3.37B

RDNT:

$539.36M

EBITDA (TTM)

LH:

$1.41B

RDNT:

$610.70M

Returns By Period

In the year-to-date period, LH achieves a 0.88% return, which is significantly lower than RDNT's 108.25% return. Over the past 10 years, LH has underperformed RDNT with an annualized return of 9.95%, while RDNT has yielded a comparatively higher 23.90% annualized return.


LH

YTD

0.88%

1M

-4.88%

6M

10.27%

1Y

2.34%

5Y*

10.24%

10Y*

9.95%

RDNT

YTD

108.25%

1M

-8.45%

6M

24.14%

1Y

103.57%

5Y*

30.22%

10Y*

23.90%

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Risk-Adjusted Performance

LH vs. RDNT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Laboratory Corporation of America Holdings (LH) and RadNet, Inc. (RDNT). 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 LH, currently valued at 0.19, compared to the broader market-4.00-2.000.002.000.192.33
The chart of Sortino ratio for LH, currently valued at 0.45, compared to the broader market-4.00-2.000.002.004.000.453.60
The chart of Omega ratio for LH, currently valued at 1.05, compared to the broader market0.501.001.502.001.051.42
The chart of Calmar ratio for LH, currently valued at 0.16, compared to the broader market0.002.004.006.000.166.29
The chart of Martin ratio for LH, currently valued at 0.53, compared to the broader market0.0010.0020.000.5322.28
LH
RDNT

The current LH Sharpe Ratio is 0.19, which is lower than the RDNT Sharpe Ratio of 2.33. The chart below compares the historical Sharpe Ratios of LH and RDNT, 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 Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.19
2.33
LH
RDNT

Dividends

LH vs. RDNT - Dividend Comparison

LH's dividend yield for the trailing twelve months is around 1.27%, while RDNT has not paid dividends to shareholders.


TTM20232022
LH
Laboratory Corporation of America Holdings
1.27%1.18%0.92%
RDNT
RadNet, Inc.
0.00%0.00%0.00%

Drawdowns

LH vs. RDNT - Drawdown Comparison

The maximum LH drawdown since its inception was -96.05%, roughly equal to the maximum RDNT drawdown of -92.15%. Use the drawdown chart below to compare losses from any high point for LH and RDNT. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-13.20%
-16.17%
LH
RDNT

Volatility

LH vs. RDNT - Volatility Comparison

The current volatility for Laboratory Corporation of America Holdings (LH) is 4.83%, while RadNet, Inc. (RDNT) has a volatility of 9.73%. This indicates that LH experiences smaller price fluctuations and is considered to be less risky than RDNT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
4.83%
9.73%
LH
RDNT

Financials

LH vs. RDNT - Financials Comparison

This section allows you to compare key financial metrics between Laboratory Corporation of America Holdings and RadNet, 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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