OBT vs. RMD
OBT (Orange County Bancorp, Inc.) and RMD (ResMed Inc.) are both stocks. OBT operates in Banks - Regional (Financial Services), while RMD operates in Medical Instruments & Supplies (Healthcare). Over the past 10 years, OBT returned 14.35%/yr vs 13.14%/yr for RMD. At a 0.07 correlation, their price movements are largely independent.
Performance
OBT vs. RMD - Performance Comparison
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Returns By Period
In the year-to-date period, OBT achieves a 21.01% return, which is significantly higher than RMD's -23.70% return. Over the past 10 years, OBT has outperformed RMD with an annualized return of 14.35%, while RMD has yielded a comparatively lower 13.14% annualized return.
OBT
- 1D
- 1.75%
- 1M
- 0.76%
- YTD
- 21.01%
- 6M
- 28.85%
- 1Y
- 41.08%
- 3Y*
- 31.36%
- 5Y*
- 17.94%
- 10Y*
- 14.35%
RMD
- 1D
- -1.94%
- 1M
- -10.56%
- YTD
- -23.70%
- 6M
- -26.73%
- 1Y
- -24.35%
- 3Y*
- -5.15%
- 5Y*
- -1.30%
- 10Y*
- 13.14%
OBT vs. RMD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OBT Orange County Bancorp, Inc. | 21.01% | 5.02% | -6.07% | 32.08% | 18.34% | 51.16% | -4.40% | 12.13% | -1.23% | 24.58% |
RMD ResMed Inc. | -23.70% | 6.26% | 34.18% | -16.55% | -19.47% | 23.41% | 38.33% | 37.85% | 36.38% | 39.06% |
Correlation
The correlation between OBT and RMD is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Oct 5, 2007 | 0.07 |
The correlation between OBT and RMD shifts across timeframes, from 0.07 (all time) to 0.25 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
OBT:
$3.42
RMD:
$13.78
OBT:
10.05
RMD:
13.27
OBT:
0.78
RMD:
0.41
OBT:
2.84
RMD:
3.64
OBT:
$156.24M
RMD:
$5.54B
OBT:
$119.53M
RMD:
$3.42B
OBT:
$51.66M
RMD:
$2.10B
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Return for Risk
OBT vs. RMD — Risk / Return Rank
OBT
RMD
OBT vs. RMD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Orange County Bancorp, Inc. (OBT) and ResMed Inc. (RMD). 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.
| OBT | RMD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.40 | -1.04 | +2.44 |
Sortino ratioReturn per unit of downside risk | 1.99 | -1.37 | +3.36 |
Omega ratioGain probability vs. loss probability | 1.25 | 0.83 | +0.41 |
Calmar ratioReturn relative to maximum drawdown | 2.09 | -0.66 | +2.75 |
Martin ratioReturn relative to average drawdown | 4.62 | -1.60 | +6.22 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| OBT | RMD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.40 | -1.04 | +2.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.44 | -0.04 | +0.48 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.24 | 0.42 | -0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.19 | 0.51 | -0.32 |
Drawdowns
OBT vs. RMD - Drawdown Comparison
The maximum OBT drawdown since its inception was -57.55%, smaller than the maximum RMD drawdown of -61.61%. Use the drawdown chart below to compare losses from any high point for OBT and RMD.
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Drawdown Indicators
| OBT | RMD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.55% | -61.61% | +4.06% |
Max Drawdown (1Y)Largest decline over 1 year | -17.91% | -37.28% | +19.37% |
Max Drawdown (3Y)Largest decline over 3 years | -32.48% | -40.09% | +7.61% |
Max Drawdown (5Y)Largest decline over 5 years | -45.77% | -53.99% | +8.22% |
Max Drawdown (10Y)Largest decline over 10 years | -57.55% | -53.99% | -3.56% |
Current DrawdownCurrent decline from peak | -5.27% | -37.28% | +32.01% |
Average DrawdownAverage peak-to-trough decline | -18.79% | -15.97% | -2.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.10% | 15.37% | -7.27% |
Volatility
OBT vs. RMD - Volatility Comparison
The current volatility for Orange County Bancorp, Inc. (OBT) is 6.25%, while ResMed Inc. (RMD) has a volatility of 9.37%. This indicates that OBT experiences smaller price fluctuations and is considered to be less risky than RMD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OBT | RMD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.25% | 9.37% | -3.12% |
Volatility (6M)Calculated over the trailing 6-month period | 18.60% | 19.04% | -0.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.58% | 23.47% | +6.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.84% | 31.04% | +9.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.53% | 31.51% | +28.02% |
Dividends
OBT vs. RMD - Dividend Comparison
OBT's dividend yield for the trailing twelve months is around 1.80%, more than RMD's 1.31% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OBT Orange County Bancorp, Inc. | 1.80% | 2.00% | 1.69% | 1.53% | 1.78% | 1.99% | 2.94% | 2.72% | 3.00% | 2.93% | 3.53% | 3.40% |
RMD ResMed Inc. | 1.31% | 0.94% | 0.88% | 1.07% | 0.83% | 0.62% | 0.73% | 0.98% | 1.26% | 1.61% | 2.03% | 2.16% |
Financials
OBT vs. RMD - Financials Comparison
This section allows you to compare key financial metrics between Orange County Bancorp, Inc. and ResMed 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
OBT vs. RMD - Profitability Comparison
OBT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Orange County Bancorp, Inc. reported a gross profit of 27.90M and revenue of 34.42M. Therefore, the gross margin over that period was 81.1%.
RMD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ResMed Inc. reported a gross profit of 890.98M and revenue of 1.43B. Therefore, the gross margin over that period was 62.3%.
OBT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Orange County Bancorp, Inc. reported an operating income of 10.41M and revenue of 34.42M, resulting in an operating margin of 30.3%.
RMD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ResMed Inc. reported an operating income of 499.81M and revenue of 1.43B, resulting in an operating margin of 34.9%.
OBT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Orange County Bancorp, Inc. reported a net income of 11.28M and revenue of 34.42M, resulting in a net margin of 32.8%.
RMD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ResMed Inc. reported a net income of 398.73M and revenue of 1.43B, resulting in a net margin of 27.9%.
Frequently Asked Questions
OBT and RMD have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RMD has higher volatility (9.37%) compared to OBT (6.25%). In terms of maximum drawdown, OBT dropped -57.55% vs RMD's -61.61%.
OBT currently has the higher Sharpe Ratio (1.40 vs -1.04), 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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