Correlation
The correlation between NA and CM is 0.61, 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.
NA vs. CM
Compare and contrast key facts about Nano Labs Ltd (NA) (NA) and Canadian Imperial Bank of Commerce (CM).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NA or CM.
Performance
NA vs. CM - Performance Comparison
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Key characteristics
NA:
-0.14
CM:
2.09
NA:
1.52
CM:
3.13
NA:
1.18
CM:
1.42
NA:
-0.31
CM:
2.46
NA:
-0.69
CM:
7.44
NA:
43.68%
CM:
6.29%
NA:
214.52%
CM:
21.02%
NA:
-97.40%
CM:
-70.55%
NA:
-96.78%
CM:
-0.69%
Fundamentals
NA:
$61.07M
CM:
$63.87B
NA:
-$1.87
CM:
$5.56
NA:
1.50
CM:
2.51
NA:
1.91
CM:
1.58
NA:
$12.37M
CM:
$20.43B
NA:
$15.03K
CM:
$20.43B
NA:
-$27.73M
CM:
$6.31B
Returns By Period
In the year-to-date period, NA achieves a -60.90% return, which is significantly lower than CM's 8.74% return.
NA
-60.90%
-26.78%
-63.58%
-28.35%
N/A
N/A
N/A
CM
8.74%
7.72%
7.32%
43.76%
13.30%
23.73%
13.01%
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Risk-Adjusted Performance
NA vs. CM — Risk-Adjusted Performance Rank
NA
CM
NA vs. CM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nano Labs Ltd (NA) (NA) and Canadian Imperial Bank of Commerce (CM). 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.
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Dividends
NA vs. CM - Dividend Comparison
NA has not paid dividends to shareholders, while CM's dividend yield for the trailing twelve months is around 3.97%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NA Nano Labs Ltd (NA) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CM Canadian Imperial Bank of Commerce | 3.97% | 4.23% | 5.42% | 6.23% | 5.77% | 8.48% | 10.73% | 5.47% | 4.09% | 4.48% | 8.64% | 4.18% |
Drawdowns
NA vs. CM - Drawdown Comparison
The maximum NA drawdown since its inception was -97.40%, which is greater than CM's maximum drawdown of -70.55%. Use the drawdown chart below to compare losses from any high point for NA and CM.
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Volatility
NA vs. CM - Volatility Comparison
Nano Labs Ltd (NA) (NA) has a higher volatility of 17.11% compared to Canadian Imperial Bank of Commerce (CM) at 3.17%. This indicates that NA's price experiences larger fluctuations and is considered to be riskier than CM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
NA vs. CM - Financials Comparison
This section allows you to compare key financial metrics between Nano Labs Ltd (NA) and Canadian Imperial Bank of Commerce. 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