NVAX vs. OCGN
Compare and contrast key facts about Novavax, Inc. (NVAX) and Ocugen, Inc. (OCGN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NVAX or OCGN.
Performance
NVAX vs. OCGN - Performance Comparison
Returns By Period
The year-to-date returns for both investments are quite close, with NVAX having a 61.77% return and OCGN slightly higher at 64.56%.
NVAX
61.77%
-23.72%
-47.50%
35.51%
16.10%
-22.76%
OCGN
64.56%
0.66%
-50.72%
143.24%
26.78%
N/A
Fundamentals
| NVAX | OCGN | |
|---|---|---|
| Market Cap | $1.35B | $302.25M |
| EPS | -$2.62 | -$0.17 |
| Total Revenue (TTM) | $800.68M | $8.19M |
| Gross Profit (TTM) | $566.95M | $7.26M |
| EBITDA (TTM) | -$126.11M | -$35.35M |
Key characteristics
| NVAX | OCGN | |
|---|---|---|
| Sharpe Ratio | 0.23 | 1.60 |
| Sortino Ratio | 1.75 | 2.54 |
| Omega Ratio | 1.21 | 1.28 |
| Calmar Ratio | 0.34 | 1.61 |
| Martin Ratio | 1.03 | 5.64 |
| Ulcer Index | 32.08% | 28.60% |
| Daily Std Dev | 142.67% | 100.55% |
| Max Drawdown | -98.82% | -99.97% |
| Current Drawdown | -97.57% | -99.87% |
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Correlation
The correlation between NVAX and OCGN is 0.24, 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.
Risk-Adjusted Performance
NVAX vs. OCGN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Novavax, Inc. (NVAX) and Ocugen, Inc. (OCGN). 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
NVAX vs. OCGN - Dividend Comparison
Neither NVAX nor OCGN has paid dividends to shareholders.
Drawdowns
NVAX vs. OCGN - Drawdown Comparison
The maximum NVAX drawdown since its inception was -98.82%, roughly equal to the maximum OCGN drawdown of -99.97%. Use the drawdown chart below to compare losses from any high point for NVAX and OCGN. For additional features, visit the drawdowns tool.
Volatility
NVAX vs. OCGN - Volatility Comparison
The current volatility for Novavax, Inc. (NVAX) is 17.20%, while Ocugen, Inc. (OCGN) has a volatility of 23.96%. This indicates that NVAX experiences smaller price fluctuations and is considered to be less risky than OCGN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NVAX vs. OCGN - Financials Comparison
This section allows you to compare key financial metrics between Novavax, Inc. and Ocugen, 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