LITE vs. AAOI
Compare and contrast key facts about Lumentum Holdings Inc. (LITE) and Applied Optoelectronics, Inc. (AAOI).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LITE or AAOI.
Correlation
The correlation between LITE and AAOI is 0.43, 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
LITE vs. AAOI - Performance Comparison
Key characteristics
LITE:
0.30
AAOI:
-0.08
LITE:
0.87
AAOI:
0.89
LITE:
1.12
AAOI:
1.10
LITE:
0.32
AAOI:
-0.12
LITE:
1.14
AAOI:
-0.35
LITE:
17.68%
AAOI:
31.79%
LITE:
67.68%
AAOI:
131.85%
LITE:
-66.89%
AAOI:
-98.49%
LITE:
-52.26%
AAOI:
-89.30%
Fundamentals
LITE:
$3.61B
AAOI:
$535.66M
LITE:
-$7.72
AAOI:
-$4.50
LITE:
0.97
AAOI:
0.51
LITE:
2.56
AAOI:
2.15
LITE:
4.13
AAOI:
2.29
LITE:
$1.05B
AAOI:
$208.69M
LITE:
$209.70M
AAOI:
$54.11M
LITE:
-$27.30M
AAOI:
-$142.76M
Returns By Period
In the year-to-date period, LITE achieves a -38.06% return, which is significantly higher than AAOI's -71.08% return.
LITE
-38.06%
-22.58%
-21.49%
22.53%
-7.14%
N/A
AAOI
-71.08%
-49.55%
-42.60%
-8.58%
4.79%
-3.35%
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Risk-Adjusted Performance
LITE vs. AAOI — Risk-Adjusted Performance Rank
LITE
AAOI
LITE vs. AAOI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lumentum Holdings Inc. (LITE) and Applied Optoelectronics, Inc. (AAOI). 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
LITE vs. AAOI - Dividend Comparison
Neither LITE nor AAOI has paid dividends to shareholders.
Drawdowns
LITE vs. AAOI - Drawdown Comparison
The maximum LITE drawdown since its inception was -66.89%, smaller than the maximum AAOI drawdown of -98.49%. Use the drawdown chart below to compare losses from any high point for LITE and AAOI. For additional features, visit the drawdowns tool.
Volatility
LITE vs. AAOI - Volatility Comparison
The current volatility for Lumentum Holdings Inc. (LITE) is 36.19%, while Applied Optoelectronics, Inc. (AAOI) has a volatility of 46.92%. This indicates that LITE experiences smaller price fluctuations and is considered to be less risky than AAOI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
LITE vs. AAOI - Financials Comparison
This section allows you to compare key financial metrics between Lumentum Holdings Inc. and Applied Optoelectronics, 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