Correlation
The correlation between NGNE and BLD is 0.27, 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.
NGNE vs. BLD
Compare and contrast key facts about Neurogene Inc (NGNE) and TopBuild Corp. (BLD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NGNE or BLD.
Performance
NGNE vs. BLD - Performance Comparison
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Key characteristics
NGNE:
-0.38
BLD:
-0.75
NGNE:
0.33
BLD:
-0.86
NGNE:
1.05
BLD:
0.90
NGNE:
-0.47
BLD:
-0.70
NGNE:
-0.83
BLD:
-1.10
NGNE:
56.04%
BLD:
27.14%
NGNE:
132.86%
BLD:
42.65%
NGNE:
-98.34%
BLD:
-52.26%
NGNE:
-96.16%
BLD:
-40.95%
Fundamentals
NGNE:
$267.27M
BLD:
$8.08B
NGNE:
-$4.36
BLD:
$19.72
NGNE:
288.94
BLD:
1.53
NGNE:
0.92
BLD:
3.82
NGNE:
$925.00K
BLD:
$5.28B
NGNE:
-$14.82M
BLD:
$1.59B
NGNE:
-$81.71M
BLD:
$1.01B
Returns By Period
In the year-to-date period, NGNE achieves a -25.59% return, which is significantly lower than BLD's -9.14% return.
NGNE
-25.59%
13.40%
-33.11%
-50.01%
-5.25%
-41.28%
-20.12%
BLD
-9.14%
-4.35%
-27.58%
-31.56%
12.77%
19.79%
N/A
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Risk-Adjusted Performance
NGNE vs. BLD — Risk-Adjusted Performance Rank
NGNE
BLD
NGNE vs. BLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Neurogene Inc (NGNE) and TopBuild Corp. (BLD). 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
NGNE vs. BLD - Dividend Comparison
Neither NGNE nor BLD has paid dividends to shareholders.
Drawdowns
NGNE vs. BLD - Drawdown Comparison
The maximum NGNE drawdown since its inception was -98.34%, which is greater than BLD's maximum drawdown of -52.26%. Use the drawdown chart below to compare losses from any high point for NGNE and BLD.
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Volatility
NGNE vs. BLD - Volatility Comparison
Neurogene Inc (NGNE) has a higher volatility of 45.75% compared to TopBuild Corp. (BLD) at 11.51%. This indicates that NGNE's price experiences larger fluctuations and is considered to be riskier than BLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
NGNE vs. BLD - Financials Comparison
This section allows you to compare key financial metrics between Neurogene Inc and TopBuild Corp.. 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