OLED vs. AGX
OLED (Universal Display Corporation) and AGX (Argan, Inc.) are both stocks. OLED operates in Semiconductor Equipment & Materials (Technology), while AGX operates in Engineering & Construction (Industrials). Over the past 10 years, OLED returned 3.65%/yr vs 35.01%/yr for AGX. At a 0.16 correlation, their price movements are largely independent.
Performance
OLED vs. AGX - Performance Comparison
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Returns By Period
In the year-to-date period, OLED achieves a -21.27% return, which is significantly lower than AGX's 105.22% return. Over the past 10 years, OLED has underperformed AGX with an annualized return of 3.65%, while AGX has yielded a comparatively higher 35.01% annualized return.
OLED
- 1D
- 1.76%
- 1M
- 0.74%
- YTD
- -21.27%
- 6M
- -21.90%
- 1Y
- -41.63%
- 3Y*
- -13.06%
- 5Y*
- -15.40%
- 10Y*
- 3.65%
AGX
- 1D
- 2.89%
- 1M
- -10.87%
- YTD
- 105.22%
- 6M
- 101.00%
- 1Y
- 190.56%
- 3Y*
- 154.34%
- 5Y*
- 71.15%
- 10Y*
- 35.01%
OLED vs. AGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OLED Universal Display Corporation | -21.27% | -19.07% | -22.88% | 78.64% | -33.87% | -27.89% | 11.91% | 120.74% | -45.69% | 206.97% |
AGX Argan, Inc. | 105.22% | 130.61% | 198.31% | 30.24% | -2.01% | -11.64% | 19.15% | 8.62% | -14.32% | -34.26% |
Correlation
The correlation between OLED and AGX is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Apr 12, 1996 | 0.16 |
Fundamentals
OLED:
$4.32B
AGX:
$9.11B
OLED:
$4.49
AGX:
$11.38
OLED:
20.37
AGX:
56.36
OLED:
2.79
AGX:
1.03
OLED:
6.94
AGX:
8.72
OLED:
2.53
AGX:
19.24
OLED:
$626.55M
AGX:
$1.04B
OLED:
$465.05M
AGX:
$217.93M
OLED:
$277.56M
AGX:
$163.99M
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Return for Risk
OLED vs. AGX — Risk / Return Rank
OLED
AGX
OLED vs. AGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Universal Display Corporation (OLED) and Argan, Inc. (AGX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| OLED | AGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.69 | ||
| Sortino ratioReturn per unit of downside risk | -4.88 | ||
| Omega ratioGain probability vs. loss probability | 0.81 | 1.41 | -0.59 |
| Calmar ratioReturn relative to maximum drawdown | -0.91 | 7.68 | -8.59 |
| Martin ratioReturn relative to average drawdown | -1.53 | 21.89 | -23.42 |
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Drawdowns
OLED vs. AGX - Drawdown Comparison
The maximum OLED drawdown since its inception was -85.55%, smaller than the maximum AGX drawdown of -94.37%. Use the drawdown chart below to compare losses from any high point for OLED and AGX.
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Drawdown Indicators
| OLED | AGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.55% | -94.37% | +8.82% |
Max Drawdown (1Y)Largest decline over 1 year | -45.99% | -24.96% | -21.03% |
Max Drawdown (3Y)Largest decline over 3 years | -62.74% | -43.75% | -18.99% |
Max Drawdown (5Y)Largest decline over 5 years | -62.74% | -43.75% | -18.99% |
Max Drawdown (10Y)Largest decline over 10 years | -65.20% | -54.61% | -10.59% |
Current DrawdownCurrent decline from peak | -63.04% | -13.39% | -49.65% |
Average DrawdownAverage peak-to-trough decline | -45.20% | -48.33% | +3.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.20% | 8.78% | +18.42% |
Volatility
OLED vs. AGX - Volatility Comparison
The current volatility for Universal Display Corporation (OLED) is 11.55%, while Argan, Inc. (AGX) has a volatility of 18.53%. This indicates that OLED experiences smaller price fluctuations and is considered to be less risky than AGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OLED | AGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.55% | 18.53% | -6.98% |
Volatility (6M)Calculated over the trailing 6-month period | 29.53% | 54.47% | -24.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.98% | 74.07% | -36.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.81% | 50.95% | -7.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.43% | 45.88% | +1.55% |
Dividends
OLED vs. AGX - Dividend Comparison
OLED's dividend yield for the trailing twelve months is around 2.02%, more than AGX's 0.29% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGX Argan, Inc. | 0.29% | 0.52% | 0.93% | 2.24% | 2.71% | 1.94% | 7.31% | 2.49% | 1.98% | 4.44% | 1.42% | 2.16% |
OLED Universal Display Corporation | 2.02% | 1.54% | 1.09% | 0.73% | 1.11% | 0.48% | 0.26% | 0.19% | 0.26% | 0.07% | 0.00% | 0.00% |
Financials
OLED vs. AGX - Financials Comparison
This section allows you to compare key financial metrics between Universal Display Corporation and Argan, 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
OLED vs. AGX - Profitability Comparison
OLED - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Universal Display Corporation reported a gross profit of 106.09M and revenue of 142.21M. Therefore, the gross margin over that period was 74.6%.
AGX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Argan, Inc. reported a gross profit of 61.11M and revenue of 290.95M. Therefore, the gross margin over that period was 21.0%.
OLED - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Universal Display Corporation reported an operating income of 42.75M and revenue of 142.21M, resulting in an operating margin of 30.1%.
AGX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Argan, Inc. reported an operating income of 45.40M and revenue of 290.95M, resulting in an operating margin of 15.6%.
OLED - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Universal Display Corporation reported a net income of 35.90M and revenue of 142.21M, resulting in a net margin of 25.2%.
AGX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Argan, Inc. reported a net income of 46.06M and revenue of 290.95M, resulting in a net margin of 15.8%.
Frequently Asked Questions
OLED and AGX have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AGX has higher volatility (18.53%) compared to OLED (11.55%). In terms of maximum drawdown, OLED dropped -85.55% vs AGX's -94.37%.
AGX currently has the higher Sharpe Ratio (2.59 vs -1.10), 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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