NICE vs. PIPR
NICE (NICE Ltd.) and PIPR (Piper Sandler Companies) are both stocks. NICE operates in Software - Application (Technology), while PIPR operates in Capital Markets (Financial Services). Over the past 10 years, NICE returned 4.49%/yr vs 24.78%/yr for PIPR. At a 0.32 correlation, their price movements are largely independent.
Performance
NICE vs. PIPR - Performance Comparison
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Returns By Period
In the year-to-date period, NICE achieves a -11.77% return, which is significantly higher than PIPR's -13.26% return. Over the past 10 years, NICE has underperformed PIPR with an annualized return of 4.49%, while PIPR has yielded a comparatively higher 24.78% annualized return.
NICE
- 1D
- 1.92%
- 1M
- 13.24%
- 6M
- -14.80%
- YTD
- -11.77%
- 1Y
- -35.59%
- 3Y*
- -21.22%
- 5Y*
- -17.19%
- 10Y*
- 4.49%
PIPR
- 1D
- -1.82%
- 1M
- -7.47%
- 6M
- -18.42%
- YTD
- -13.26%
- 1Y
- -2.12%
- 3Y*
- 31.32%
- 5Y*
- 21.93%
- 10Y*
- 24.78%
NICE vs. PIPR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NICE NICE Ltd. | -11.77% | -33.44% | -14.87% | 3.75% | -36.66% | 7.07% | 82.75% | 43.38% | 17.73% | 33.92% |
PIPR Piper Sandler Companies | -13.26% | 15.52% | 74.24% | 37.78% | -23.41% | 85.33% | 29.64% | 23.88% | -20.69% | 21.22% |
Correlation
The correlation between NICE and PIPR is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2004 | 0.32 |
Over the past year, the correlation between NICE and PIPR has dropped to 0.10 - well below their long-term average of 0.32, suggesting their price drivers have been diverging.
Fundamentals
NICE:
$5.84B
PIPR:
$4.87B
NICE:
$8.52
PIPR:
$3.95
NICE:
11.70
PIPR:
18.24
NICE:
0.35
PIPR:
1.21
NICE:
2.06
PIPR:
2.57
NICE:
1.64
PIPR:
3.83
NICE:
$3.01B
PIPR:
$2.00B
NICE:
$1.98B
PIPR:
$1.95B
NICE:
$841.27M
PIPR:
$455.82M
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Return for Risk
NICE vs. PIPR — Risk / Return Rank
NICE
PIPR
NICE vs. PIPR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NICE Ltd. (NICE) and Piper Sandler Companies (PIPR). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NICE | PIPR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.70 | ||
| Sortino ratioReturn per unit of downside risk | -1.04 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.02 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | -0.76 | -0.09 | -0.67 |
| Martin ratioReturn relative to average drawdown | -1.20 | -0.19 | -1.00 |
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Drawdowns
NICE vs. PIPR - Drawdown Comparison
The maximum NICE drawdown since its inception was -93.23%, which is greater than PIPR's maximum drawdown of -76.97%. Use the drawdown chart below to compare losses from any high point for NICE and PIPR.
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Drawdown Indicators
| NICE | PIPR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.23% | -76.97% | -16.26% |
Max Drawdown (1Y)Largest decline over 1 year | -51.19% | -24.56% | -26.63% |
Max Drawdown (3Y)Largest decline over 3 years | -68.21% | -38.78% | -29.43% |
Max Drawdown (5Y)Largest decline over 5 years | -73.60% | -42.30% | -31.30% |
Max Drawdown (10Y)Largest decline over 10 years | -73.60% | -63.02% | -10.58% |
Current DrawdownCurrent decline from peak | -68.34% | -22.06% | -46.28% |
Average DrawdownAverage peak-to-trough decline | -35.27% | -30.56% | -4.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 32.47% | 11.45% | +21.02% |
Volatility
NICE vs. PIPR - Volatility Comparison
The current volatility for NICE Ltd. (NICE) is 10.16%, while Piper Sandler Companies (PIPR) has a volatility of 11.17%. This indicates that NICE experiences smaller price fluctuations and is considered to be less risky than PIPR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NICE | PIPR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.16% | 11.17% | -1.01% |
Volatility (6M)Calculated over the trailing 6-month period | 42.52% | 27.76% | +14.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.48% | 35.06% | +16.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.92% | 35.41% | +4.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.27% | 36.54% | -3.27% |
Dividends
NICE vs. PIPR - Dividend Comparison
NICE has not paid dividends to shareholders, while PIPR's dividend yield for the trailing twelve months is around 2.74%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NICE NICE Ltd. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.14% | 0.76% | 0.91% |
PIPR Piper Sandler Companies | 2.74% | 1.68% | 1.17% | 2.09% | 5.30% | 3.81% | 1.98% | 1.88% | 4.74% | 1.45% | 0.00% | 0.00% |
Financials
NICE vs. PIPR - Financials Comparison
This section allows you to compare key financial metrics between NICE Ltd. and Piper Sandler Companies. 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
NICE vs. PIPR - Profitability Comparison
NICE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, NICE Ltd. reported a gross profit of 493.46M and revenue of 766.53M. Therefore, the gross margin over that period was 64.4%.
PIPR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Piper Sandler Companies reported a gross profit of 456.39M and revenue of 475.15M. Therefore, the gross margin over that period was 96.1%.
NICE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, NICE Ltd. reported an operating income of 126.41M and revenue of 766.53M, resulting in an operating margin of 16.5%.
PIPR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Piper Sandler Companies reported an operating income of 88.67M and revenue of 475.15M, resulting in an operating margin of 18.7%.
NICE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, NICE Ltd. reported a net income of 46.69M and revenue of 766.53M, resulting in a net margin of 6.1%.
PIPR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Piper Sandler Companies reported a net income of 65.24M and revenue of 475.15M, resulting in a net margin of 13.7%.
Frequently Asked Questions
NICE and PIPR have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PIPR has higher volatility (11.17%) compared to NICE (10.16%). In terms of maximum drawdown, NICE dropped -93.23% vs PIPR's -76.97%.
PIPR currently has the higher Sharpe Ratio (-0.06 vs -0.76), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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