Correlation
The correlation between NMRA and AVGO is 0.26, 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.
NMRA vs. AVGO
Compare and contrast key facts about Neumora Therapeutics Inc. Common Stock (NMRA) and Broadcom Inc. (AVGO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NMRA or AVGO.
Performance
NMRA vs. AVGO - Performance Comparison
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Key characteristics
NMRA:
-0.86
AVGO:
1.27
NMRA:
-1.50
AVGO:
1.91
NMRA:
0.73
AVGO:
1.25
NMRA:
-0.95
AVGO:
1.79
NMRA:
-1.52
AVGO:
4.93
NMRA:
61.03%
AVGO:
14.92%
NMRA:
107.91%
AVGO:
63.11%
NMRA:
-96.89%
AVGO:
-48.30%
NMRA:
-96.38%
AVGO:
-2.62%
Fundamentals
NMRA:
$115.86M
AVGO:
$1.14T
NMRA:
-$1.61
AVGO:
$2.15
NMRA:
0.00
AVGO:
20.87
NMRA:
0.51
AVGO:
16.30
NMRA:
$0.00
AVGO:
$42.04B
NMRA:
-$160.00K
AVGO:
$27.50B
NMRA:
-$273.85M
AVGO:
$19.89B
Returns By Period
In the year-to-date period, NMRA achieves a -93.24% return, which is significantly lower than AVGO's 4.73% return.
NMRA
-93.24%
-7.14%
-92.79%
-92.76%
N/A
N/A
N/A
AVGO
4.73%
22.67%
50.21%
84.43%
64.45%
56.68%
36.05%
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Risk-Adjusted Performance
NMRA vs. AVGO — Risk-Adjusted Performance Rank
NMRA
AVGO
NMRA vs. AVGO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Neumora Therapeutics Inc. Common Stock (NMRA) and Broadcom Inc. (AVGO). 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
NMRA vs. AVGO - Dividend Comparison
NMRA has not paid dividends to shareholders, while AVGO's dividend yield for the trailing twelve months is around 0.92%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
NMRA Neumora Therapeutics Inc. Common Stock | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AVGO Broadcom Inc. | 0.92% | 0.94% | 1.71% | 3.02% | 2.24% | 3.05% | 3.54% | 3.11% | 1.87% | 1.43% | 1.13% | 1.22% |
Drawdowns
NMRA vs. AVGO - Drawdown Comparison
The maximum NMRA drawdown since its inception was -96.89%, which is greater than AVGO's maximum drawdown of -48.30%. Use the drawdown chart below to compare losses from any high point for NMRA and AVGO.
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Volatility
NMRA vs. AVGO - Volatility Comparison
Neumora Therapeutics Inc. Common Stock (NMRA) has a higher volatility of 22.40% compared to Broadcom Inc. (AVGO) at 9.20%. This indicates that NMRA's price experiences larger fluctuations and is considered to be riskier than AVGO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
NMRA vs. AVGO - Financials Comparison
This section allows you to compare key financial metrics between Neumora Therapeutics Inc. Common Stock and Broadcom 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