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ODFL vs. AAPL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between ODFL and AAPL is 0.21, 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.


-0.50.00.51.00.2

Performance

ODFL vs. AAPL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Old Dominion Freight Line, Inc. (ODFL) and Apple Inc (AAPL). The values are adjusted to include any dividend payments, if applicable.

0.00%10.00%20.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
7.77%
19.40%
ODFL
AAPL

Key characteristics

Sharpe Ratio

ODFL:

-0.18

AAPL:

1.22

Sortino Ratio

ODFL:

-0.02

AAPL:

1.83

Omega Ratio

ODFL:

1.00

AAPL:

1.23

Calmar Ratio

ODFL:

-0.24

AAPL:

1.65

Martin Ratio

ODFL:

-0.47

AAPL:

4.30

Ulcer Index

ODFL:

12.56%

AAPL:

6.39%

Daily Std Dev

ODFL:

33.25%

AAPL:

22.53%

Max Drawdown

ODFL:

-66.30%

AAPL:

-81.80%

Current Drawdown

ODFL:

-18.93%

AAPL:

-1.46%

Fundamentals

Market Cap

ODFL:

$42.48B

AAPL:

$3.83T

EPS

ODFL:

$5.73

AAPL:

$6.08

PE Ratio

ODFL:

34.73

AAPL:

41.69

PEG Ratio

ODFL:

2.97

AAPL:

2.62

Total Revenue (TTM)

ODFL:

$5.92B

AAPL:

$391.04B

Gross Profit (TTM)

ODFL:

$2.09B

AAPL:

$180.68B

EBITDA (TTM)

ODFL:

$1.98B

AAPL:

$134.66B

Returns By Period

In the year-to-date period, ODFL achieves a -6.88% return, which is significantly lower than AAPL's 30.38% return. Over the past 10 years, ODFL has underperformed AAPL with an annualized return of 22.37%, while AAPL has yielded a comparatively higher 25.86% annualized return.


ODFL

YTD

-6.88%

1M

-11.25%

6M

7.77%

1Y

-6.12%

5Y*

25.09%

10Y*

22.37%

AAPL

YTD

30.38%

1M

9.42%

6M

19.40%

1Y

28.84%

5Y*

29.91%

10Y*

25.86%

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Risk-Adjusted Performance

ODFL vs. AAPL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Old Dominion Freight Line, Inc. (ODFL) and Apple Inc (AAPL). 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.


Sharpe ratio
The chart of Sharpe ratio for ODFL, currently valued at -0.18, compared to the broader market-4.00-2.000.002.00-0.181.22
The chart of Sortino ratio for ODFL, currently valued at -0.02, compared to the broader market-4.00-2.000.002.004.00-0.021.83
The chart of Omega ratio for ODFL, currently valued at 1.00, compared to the broader market0.501.001.502.001.001.23
The chart of Calmar ratio for ODFL, currently valued at -0.24, compared to the broader market0.002.004.006.00-0.241.65
The chart of Martin ratio for ODFL, currently valued at -0.47, compared to the broader market0.0010.0020.00-0.474.30
ODFL
AAPL

The current ODFL Sharpe Ratio is -0.18, which is lower than the AAPL Sharpe Ratio of 1.22. The chart below compares the historical Sharpe Ratios of ODFL and AAPL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
-0.18
1.22
ODFL
AAPL

Dividends

ODFL vs. AAPL - Dividend Comparison

ODFL's dividend yield for the trailing twelve months is around 0.55%, more than AAPL's 0.40% yield.


TTM20232022202120202019201820172016201520142013
ODFL
Old Dominion Freight Line, Inc.
0.55%0.39%0.42%0.22%0.31%0.36%0.74%0.30%0.00%0.00%0.00%0.00%
AAPL
Apple Inc
0.40%0.49%0.70%0.49%0.61%1.04%1.79%1.45%1.93%1.93%1.67%2.10%

Drawdowns

ODFL vs. AAPL - Drawdown Comparison

The maximum ODFL drawdown since its inception was -66.30%, smaller than the maximum AAPL drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for ODFL and AAPL. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-18.93%
-1.46%
ODFL
AAPL

Volatility

ODFL vs. AAPL - Volatility Comparison

Old Dominion Freight Line, Inc. (ODFL) has a higher volatility of 8.00% compared to Apple Inc (AAPL) at 3.78%. This indicates that ODFL's price experiences larger fluctuations and is considered to be riskier than AAPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
8.00%
3.78%
ODFL
AAPL

Financials

ODFL vs. AAPL - Financials Comparison

This section allows you to compare key financial metrics between Old Dominion Freight Line, Inc. and Apple 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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