NEWR vs. DDOG
Compare and contrast key facts about New Relic, Inc. (NEWR) and Datadog, Inc. (DDOG).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NEWR or DDOG.
Correlation
The correlation between NEWR and DDOG is 0.51, 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
NEWR vs. DDOG - Performance Comparison
Key characteristics
Fundamentals
NEWR:
$6.18B
DDOG:
$44.38B
NEWR:
-$2.09
DDOG:
$0.52
NEWR:
224.36
DDOG:
0.83
Returns By Period
NEWR
N/A
N/A
N/A
N/A
N/A
N/A
DDOG
-8.58%
-5.61%
12.52%
0.69%
23.32%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
NEWR vs. DDOG — Risk-Adjusted Performance Rank
NEWR
DDOG
NEWR vs. DDOG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for New Relic, Inc. (NEWR) and Datadog, Inc. (DDOG). 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
NEWR vs. DDOG - Dividend Comparison
Neither NEWR nor DDOG has paid dividends to shareholders.
Drawdowns
NEWR vs. DDOG - Drawdown Comparison
Volatility
NEWR vs. DDOG - Volatility Comparison
The current volatility for New Relic, Inc. (NEWR) is 0.00%, while Datadog, Inc. (DDOG) has a volatility of 13.61%. This indicates that NEWR experiences smaller price fluctuations and is considered to be less risky than DDOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NEWR vs. DDOG - Financials Comparison
This section allows you to compare key financial metrics between New Relic, Inc. and Datadog, 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