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

Correlation

The correlation between ODFL and SAIA is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.6

Performance

ODFL vs. SAIA - Performance Comparison

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

-20.00%-10.00%0.00%10.00%20.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
3.97%
2.78%
ODFL
SAIA

Key characteristics

Sharpe Ratio

ODFL:

-0.28

SAIA:

0.16

Sortino Ratio

ODFL:

-0.17

SAIA:

0.58

Omega Ratio

ODFL:

0.98

SAIA:

1.09

Calmar Ratio

ODFL:

-0.37

SAIA:

0.21

Martin Ratio

ODFL:

-0.74

SAIA:

0.38

Ulcer Index

ODFL:

12.63%

SAIA:

22.34%

Daily Std Dev

ODFL:

33.43%

SAIA:

51.45%

Max Drawdown

ODFL:

-66.30%

SAIA:

-80.35%

Current Drawdown

ODFL:

-21.68%

SAIA:

-21.87%

Fundamentals

Market Cap

ODFL:

$42.48B

SAIA:

$14.17B

EPS

ODFL:

$5.73

SAIA:

$14.00

PE Ratio

ODFL:

34.73

SAIA:

38.06

PEG Ratio

ODFL:

2.97

SAIA:

2.64

Total Revenue (TTM)

ODFL:

$5.92B

SAIA:

$3.17B

Gross Profit (TTM)

ODFL:

$2.09B

SAIA:

$534.10M

EBITDA (TTM)

ODFL:

$1.98B

SAIA:

$698.46M

Returns By Period

In the year-to-date period, ODFL achieves a -10.04% return, which is significantly lower than SAIA's 8.03% return. Over the past 10 years, ODFL has underperformed SAIA with an annualized return of 21.81%, while SAIA has yielded a comparatively higher 24.13% annualized return.


ODFL

YTD

-10.04%

1M

-15.28%

6M

3.97%

1Y

-10.89%

5Y*

24.20%

10Y*

21.81%

SAIA

YTD

8.03%

1M

-10.68%

6M

2.78%

1Y

5.04%

5Y*

39.04%

10Y*

24.13%

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Risk-Adjusted Performance

ODFL vs. SAIA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Old Dominion Freight Line, Inc. (ODFL) and Saia, Inc. (SAIA). 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 -0.28, compared to the broader market-4.00-2.000.002.00-0.280.16
The chart of Sortino ratio for ODFL, currently valued at -0.17, compared to the broader market-4.00-2.000.002.004.00-0.170.58
The chart of Omega ratio for ODFL, currently valued at 0.98, compared to the broader market0.501.001.502.000.981.09
The chart of Calmar ratio for ODFL, currently valued at -0.37, compared to the broader market0.002.004.006.00-0.370.21
The chart of Martin ratio for ODFL, currently valued at -0.74, compared to the broader market-5.000.005.0010.0015.0020.0025.00-0.740.38
ODFL
SAIA

The current ODFL Sharpe Ratio is -0.28, which is lower than the SAIA Sharpe Ratio of 0.16. The chart below compares the historical Sharpe Ratios of ODFL and SAIA, 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 Ratio0.000.501.00JulyAugustSeptemberOctoberNovemberDecember
-0.28
0.16
ODFL
SAIA

Dividends

ODFL vs. SAIA - Dividend Comparison

ODFL's dividend yield for the trailing twelve months is around 0.57%, while SAIA has not paid dividends to shareholders.


TTM2023202220212020201920182017
ODFL
Old Dominion Freight Line, Inc.
0.57%0.39%0.42%0.22%0.31%0.36%0.74%0.30%
SAIA
Saia, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

ODFL vs. SAIA - Drawdown Comparison

The maximum ODFL drawdown since its inception was -66.30%, smaller than the maximum SAIA drawdown of -80.35%. Use the drawdown chart below to compare losses from any high point for ODFL and SAIA. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-21.68%
-21.87%
ODFL
SAIA

Volatility

ODFL vs. SAIA - Volatility Comparison

The current volatility for Old Dominion Freight Line, Inc. (ODFL) is 8.27%, while Saia, Inc. (SAIA) has a volatility of 10.45%. This indicates that ODFL experiences smaller price fluctuations and is considered to be less risky than SAIA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
8.27%
10.45%
ODFL
SAIA

Financials

ODFL vs. SAIA - Financials Comparison

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