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MGM vs. TGLS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between MGM and TGLS is 0.21, 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

MGM vs. TGLS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MGM Resorts International (MGM) and Tecnoglass Inc. (TGLS). The values are adjusted to include any dividend payments, if applicable.

-20.00%0.00%20.00%40.00%60.00%80.00%100.00%JulyAugustSeptemberOctoberNovemberDecember
-18.67%
91.44%
MGM
TGLS

Key characteristics

Sharpe Ratio

MGM:

-0.64

TGLS:

1.95

Sortino Ratio

MGM:

-0.69

TGLS:

2.77

Omega Ratio

MGM:

0.90

TGLS:

1.36

Calmar Ratio

MGM:

-0.33

TGLS:

2.95

Martin Ratio

MGM:

-1.38

TGLS:

9.89

Ulcer Index

MGM:

15.57%

TGLS:

9.09%

Daily Std Dev

MGM:

33.32%

TGLS:

46.10%

Max Drawdown

MGM:

-98.11%

TGLS:

-81.32%

Current Drawdown

MGM:

-63.75%

TGLS:

-4.85%

Fundamentals

Market Cap

MGM:

$10.53B

TGLS:

$3.97B

EPS

MGM:

$2.79

TGLS:

$3.20

PE Ratio

MGM:

12.68

TGLS:

26.43

PEG Ratio

MGM:

1.53

TGLS:

0.42

Total Revenue (TTM)

MGM:

$17.27B

TGLS:

$845.21M

Gross Profit (TTM)

MGM:

$7.30B

TGLS:

$355.77M

EBITDA (TTM)

MGM:

$2.63B

TGLS:

$239.00M

Returns By Period

In the year-to-date period, MGM achieves a -23.55% return, which is significantly lower than TGLS's 79.07% return. Over the past 10 years, MGM has underperformed TGLS with an annualized return of 5.63%, while TGLS has yielded a comparatively higher 26.38% annualized return.


MGM

YTD

-23.55%

1M

-8.93%

6M

-18.67%

1Y

-23.22%

5Y*

0.68%

10Y*

5.63%

TGLS

YTD

79.07%

1M

8.17%

6M

93.52%

1Y

89.89%

5Y*

60.97%

10Y*

26.38%

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Risk-Adjusted Performance

MGM vs. TGLS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for MGM Resorts International (MGM) and Tecnoglass Inc. (TGLS). 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 MGM, currently valued at -0.64, compared to the broader market-4.00-2.000.002.00-0.641.95
The chart of Sortino ratio for MGM, currently valued at -0.69, compared to the broader market-4.00-2.000.002.004.00-0.692.77
The chart of Omega ratio for MGM, currently valued at 0.90, compared to the broader market0.501.001.502.000.901.36
The chart of Calmar ratio for MGM, currently valued at -0.63, compared to the broader market0.002.004.006.00-0.632.95
The chart of Martin ratio for MGM, currently valued at -1.38, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.389.89
MGM
TGLS

The current MGM Sharpe Ratio is -0.64, which is lower than the TGLS Sharpe Ratio of 1.95. The chart below compares the historical Sharpe Ratios of MGM and TGLS, 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 Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.64
1.95
MGM
TGLS

Dividends

MGM vs. TGLS - Dividend Comparison

MGM has not paid dividends to shareholders, while TGLS's dividend yield for the trailing twelve months is around 0.52%.


TTM20232022202120202019201820172016
MGM
MGM Resorts International
0.00%0.00%0.04%0.03%0.50%1.56%1.98%1.32%0.00%
TGLS
Tecnoglass Inc.
0.52%0.79%0.91%0.57%1.62%6.79%5.20%7.21%2.04%

Drawdowns

MGM vs. TGLS - Drawdown Comparison

The maximum MGM drawdown since its inception was -98.11%, which is greater than TGLS's maximum drawdown of -81.32%. Use the drawdown chart below to compare losses from any high point for MGM and TGLS. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-32.89%
-4.85%
MGM
TGLS

Volatility

MGM vs. TGLS - Volatility Comparison

The current volatility for MGM Resorts International (MGM) is 7.66%, while Tecnoglass Inc. (TGLS) has a volatility of 10.23%. This indicates that MGM experiences smaller price fluctuations and is considered to be less risky than TGLS 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
7.66%
10.23%
MGM
TGLS

Financials

MGM vs. TGLS - Financials Comparison

This section allows you to compare key financial metrics between MGM Resorts International and Tecnoglass 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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