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MNDY vs. FCNTX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between MNDY and FCNTX is 0.53, 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.


-0.50.00.51.00.5

Performance

MNDY vs. FCNTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in monday.com Ltd. (MNDY) and Fidelity Contrafund Fund (FCNTX). The values are adjusted to include any dividend payments, if applicable.

0.00%20.00%40.00%60.00%80.00%JulyAugustSeptemberOctoberNovemberDecember
35.57%
18.96%
MNDY
FCNTX

Key characteristics

Sharpe Ratio

MNDY:

0.54

FCNTX:

2.08

Sortino Ratio

MNDY:

1.11

FCNTX:

2.77

Omega Ratio

MNDY:

1.15

FCNTX:

1.39

Calmar Ratio

MNDY:

0.45

FCNTX:

1.49

Martin Ratio

MNDY:

2.71

FCNTX:

12.39

Ulcer Index

MNDY:

10.28%

FCNTX:

2.71%

Daily Std Dev

MNDY:

51.87%

FCNTX:

16.12%

Max Drawdown

MNDY:

-82.81%

FCNTX:

-48.74%

Current Drawdown

MNDY:

-45.47%

FCNTX:

-6.48%

Returns By Period

In the year-to-date period, MNDY achieves a 29.11% return, which is significantly lower than FCNTX's 31.85% return.


MNDY

YTD

29.11%

1M

-6.79%

6M

7.79%

1Y

28.89%

5Y*

N/A

10Y*

N/A

FCNTX

YTD

31.85%

1M

-2.53%

6M

5.31%

1Y

32.34%

5Y*

9.68%

10Y*

8.27%

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Risk-Adjusted Performance

MNDY vs. FCNTX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for monday.com Ltd. (MNDY) and Fidelity Contrafund Fund (FCNTX). 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 MNDY, currently valued at 0.54, compared to the broader market-4.00-2.000.002.000.542.08
The chart of Sortino ratio for MNDY, currently valued at 1.11, compared to the broader market-4.00-2.000.002.004.001.112.77
The chart of Omega ratio for MNDY, currently valued at 1.15, compared to the broader market0.501.001.502.001.151.39
The chart of Calmar ratio for MNDY, currently valued at 0.45, compared to the broader market0.002.004.006.000.451.49
The chart of Martin ratio for MNDY, currently valued at 2.71, compared to the broader market-5.000.005.0010.0015.0020.0025.002.7112.39
MNDY
FCNTX

The current MNDY Sharpe Ratio is 0.54, which is lower than the FCNTX Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of MNDY and FCNTX, 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 Ratio0.000.501.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
0.54
2.08
MNDY
FCNTX

Dividends

MNDY vs. FCNTX - Dividend Comparison

MNDY has not paid dividends to shareholders, while FCNTX's dividend yield for the trailing twelve months is around 0.02%.


TTM20232022202120202019201820172016201520142013
MNDY
monday.com Ltd.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FCNTX
Fidelity Contrafund Fund
0.02%0.48%2.42%0.00%0.00%0.00%0.00%0.10%0.30%0.31%7.55%7.89%

Drawdowns

MNDY vs. FCNTX - Drawdown Comparison

The maximum MNDY drawdown since its inception was -82.81%, which is greater than FCNTX's maximum drawdown of -48.74%. Use the drawdown chart below to compare losses from any high point for MNDY and FCNTX. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-45.47%
-6.48%
MNDY
FCNTX

Volatility

MNDY vs. FCNTX - Volatility Comparison

monday.com Ltd. (MNDY) has a higher volatility of 19.71% compared to Fidelity Contrafund Fund (FCNTX) at 5.45%. This indicates that MNDY's price experiences larger fluctuations and is considered to be riskier than FCNTX 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
19.71%
5.45%
MNDY
FCNTX
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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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