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MTD vs. VEEV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between MTD and VEEV is 0.44, 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.


-0.50.00.51.00.4

Performance

MTD vs. VEEV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mettler-Toledo International Inc. (MTD) and Veeva Systems Inc. (VEEV). The values are adjusted to include any dividend payments, if applicable.

-20.00%-10.00%0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
-16.62%
20.53%
MTD
VEEV

Key characteristics

Sharpe Ratio

MTD:

0.08

VEEV:

0.71

Sortino Ratio

MTD:

0.36

VEEV:

1.19

Omega Ratio

MTD:

1.05

VEEV:

1.16

Calmar Ratio

MTD:

0.07

VEEV:

0.44

Martin Ratio

MTD:

0.27

VEEV:

1.74

Ulcer Index

MTD:

9.18%

VEEV:

12.47%

Daily Std Dev

MTD:

32.46%

VEEV:

30.75%

Max Drawdown

MTD:

-61.43%

VEEV:

-61.35%

Current Drawdown

MTD:

-28.67%

VEEV:

-35.03%

Fundamentals

Market Cap

MTD:

$26.60B

VEEV:

$36.76B

EPS

MTD:

$37.07

VEEV:

$4.04

PE Ratio

MTD:

34.01

VEEV:

56.04

PEG Ratio

MTD:

2.66

VEEV:

1.25

Total Revenue (TTM)

MTD:

$3.76B

VEEV:

$2.66B

Gross Profit (TTM)

MTD:

$2.20B

VEEV:

$1.96B

EBITDA (TTM)

MTD:

$1.17B

VEEV:

$667.50M

Returns By Period

In the year-to-date period, MTD achieves a 0.12% return, which is significantly lower than VEEV's 15.07% return. Over the past 10 years, MTD has underperformed VEEV with an annualized return of 15.03%, while VEEV has yielded a comparatively higher 23.17% annualized return.


MTD

YTD

0.12%

1M

3.40%

6M

-18.00%

1Y

1.05%

5Y*

8.92%

10Y*

15.03%

VEEV

YTD

15.07%

1M

3.68%

6M

23.95%

1Y

20.80%

5Y*

9.35%

10Y*

23.17%

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Risk-Adjusted Performance

MTD vs. VEEV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Mettler-Toledo International Inc. (MTD) and Veeva Systems Inc. (VEEV). 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 MTD, currently valued at 0.08, compared to the broader market-4.00-2.000.002.000.080.71
The chart of Sortino ratio for MTD, currently valued at 0.36, compared to the broader market-4.00-2.000.002.004.000.361.19
The chart of Omega ratio for MTD, currently valued at 1.05, compared to the broader market0.501.001.502.001.051.16
The chart of Calmar ratio for MTD, currently valued at 0.07, compared to the broader market0.002.004.006.000.070.44
The chart of Martin ratio for MTD, currently valued at 0.27, compared to the broader market0.0010.0020.000.271.74
MTD
VEEV

The current MTD Sharpe Ratio is 0.08, which is lower than the VEEV Sharpe Ratio of 0.71. The chart below compares the historical Sharpe Ratios of MTD and VEEV, 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-0.500.000.501.001.50JulyAugustSeptemberOctoberNovemberDecember
0.08
0.71
MTD
VEEV

Dividends

MTD vs. VEEV - Dividend Comparison

Neither MTD nor VEEV has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

MTD vs. VEEV - Drawdown Comparison

The maximum MTD drawdown since its inception was -61.43%, roughly equal to the maximum VEEV drawdown of -61.35%. Use the drawdown chart below to compare losses from any high point for MTD and VEEV. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%JulyAugustSeptemberOctoberNovemberDecember
-28.67%
-35.03%
MTD
VEEV

Volatility

MTD vs. VEEV - Volatility Comparison

The current volatility for Mettler-Toledo International Inc. (MTD) is 5.56%, while Veeva Systems Inc. (VEEV) has a volatility of 13.03%. This indicates that MTD experiences smaller price fluctuations and is considered to be less risky than VEEV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
5.56%
13.03%
MTD
VEEV

Financials

MTD vs. VEEV - Financials Comparison

This section allows you to compare key financial metrics between Mettler-Toledo International Inc. and Veeva Systems 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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