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LIN vs. AIT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


LINAIT
YTD Return9.26%10.88%
1Y Return25.22%43.58%
3Y Return (Ann)17.72%28.18%
5Y Return (Ann)21.83%27.26%
10Y Return (Ann)15.47%16.96%
Sharpe Ratio1.591.79
Daily Std Dev16.40%24.07%
Max Drawdown-51.76%-66.46%
Current Drawdown-5.79%-4.94%

Fundamentals


LINAIT
Market Cap$223.61B$7.64B
EPS$12.59$9.52
PE Ratio36.8820.75
PEG Ratio2.991.71
Revenue (TTM)$32.85B$4.46B
Gross Profit (TTM)$13.91B$1.29B
EBITDA (TTM)$12.09B$541.73M

Correlation

0.35
-1.001.00

The correlation between LIN and AIT is 0.35, 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

LIN vs. AIT - Performance Comparison

In the year-to-date period, LIN achieves a 9.26% return, which is significantly lower than AIT's 10.88% return. Over the past 10 years, LIN has underperformed AIT with an annualized return of 15.47%, while AIT has yielded a comparatively higher 16.96% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%0.00%10.00%20.00%30.00%NovemberDecember2024FebruaryMarchApril
19.11%
20.36%
LIN
AIT

Compare stocks, funds, or ETFs


Linde plc

Applied Industrial Technologies, Inc.

Risk-Adjusted Performance

LIN vs. AIT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Linde plc (LIN) and Applied Industrial Technologies, Inc. (AIT). 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.


LIN
Sharpe ratio
The Sharpe ratio of LIN compared to the broader market-2.00-1.000.001.002.003.004.001.59
Sortino ratio
The Sortino ratio of LIN compared to the broader market-4.00-2.000.002.004.006.002.24
Omega ratio
The Omega ratio of LIN compared to the broader market0.501.001.501.30
Calmar ratio
The Calmar ratio of LIN compared to the broader market0.001.002.003.004.005.004.01
Martin ratio
The Martin ratio of LIN compared to the broader market0.0010.0020.0030.009.13
AIT
Sharpe ratio
The Sharpe ratio of AIT compared to the broader market-2.00-1.000.001.002.003.004.001.79
Sortino ratio
The Sortino ratio of AIT compared to the broader market-4.00-2.000.002.004.006.002.53
Omega ratio
The Omega ratio of AIT compared to the broader market0.501.001.501.31
Calmar ratio
The Calmar ratio of AIT compared to the broader market0.001.002.003.004.005.002.74
Martin ratio
The Martin ratio of AIT compared to the broader market0.0010.0020.0030.0012.21

LIN vs. AIT - Sharpe Ratio Comparison

The current LIN Sharpe Ratio is 1.59, which roughly equals the AIT Sharpe Ratio of 1.79. The chart below compares the 12-month rolling Sharpe Ratio of LIN and AIT.


Rolling 12-month Sharpe Ratio1.001.502.002.50NovemberDecember2024FebruaryMarchApril
1.59
1.79
LIN
AIT

Dividends

LIN vs. AIT - Dividend Comparison

LIN's dividend yield for the trailing twelve months is around 1.17%, more than AIT's 0.74% yield.


TTM20232022202120202019201820172016201520142013
LIN
Linde plc
1.17%1.24%1.43%1.22%1.46%1.64%2.11%2.04%2.56%2.79%2.01%1.85%
AIT
Applied Industrial Technologies, Inc.
0.74%0.81%1.08%1.29%1.64%1.86%2.22%1.70%1.89%2.67%2.19%1.87%

Drawdowns

LIN vs. AIT - Drawdown Comparison

The maximum LIN drawdown since its inception was -51.76%, smaller than the maximum AIT drawdown of -66.46%. The drawdown chart below compares losses from any high point along the way for LIN and AIT


-8.00%-6.00%-4.00%-2.00%0.00%NovemberDecember2024FebruaryMarchApril
-5.79%
-4.94%
LIN
AIT

Volatility

LIN vs. AIT - Volatility Comparison

The current volatility for Linde plc (LIN) is 3.30%, while Applied Industrial Technologies, Inc. (AIT) has a volatility of 5.52%. This indicates that LIN experiences smaller price fluctuations and is considered to be less risky than AIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%NovemberDecember2024FebruaryMarchApril
3.30%
5.52%
LIN
AIT