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OMAB vs. CAAP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between OMAB and CAAP 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.


-0.50.00.51.00.2

Performance

OMAB vs. CAAP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) and Corporación América Airports S.A. (CAAP). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%150.00%JulyAugustSeptemberOctoberNovemberDecember
146.86%
15.12%
OMAB
CAAP

Key characteristics

Sharpe Ratio

OMAB:

-0.26

CAAP:

0.56

Sortino Ratio

OMAB:

-0.13

CAAP:

0.99

Omega Ratio

OMAB:

0.98

CAAP:

1.12

Calmar Ratio

OMAB:

-0.25

CAAP:

0.77

Martin Ratio

OMAB:

-0.50

CAAP:

1.99

Ulcer Index

OMAB:

18.39%

CAAP:

9.66%

Daily Std Dev

OMAB:

35.25%

CAAP:

34.20%

Max Drawdown

OMAB:

-77.35%

CAAP:

-89.88%

Current Drawdown

OMAB:

-21.17%

CAAP:

-8.66%

Fundamentals

Market Cap

OMAB:

$3.59B

CAAP:

$3.27B

EPS

OMAB:

$5.14

CAAP:

$2.09

PE Ratio

OMAB:

14.36

CAAP:

9.72

Total Revenue (TTM)

OMAB:

$14.67B

CAAP:

$1.74B

Gross Profit (TTM)

OMAB:

$9.70B

CAAP:

$602.63M

EBITDA (TTM)

OMAB:

$8.90B

CAAP:

$417.16M

Returns By Period

In the year-to-date period, OMAB achieves a -9.21% return, which is significantly lower than CAAP's 17.56% return.


OMAB

YTD

-9.21%

1M

10.72%

6M

8.73%

1Y

-8.95%

5Y*

9.39%

10Y*

12.37%

CAAP

YTD

17.56%

1M

-2.68%

6M

7.09%

1Y

15.12%

5Y*

28.50%

10Y*

N/A

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Risk-Adjusted Performance

OMAB vs. CAAP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) and Corporación América Airports S.A. (CAAP). 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 OMAB, currently valued at -0.26, compared to the broader market-4.00-2.000.002.00-0.260.56
The chart of Sortino ratio for OMAB, currently valued at -0.13, compared to the broader market-4.00-2.000.002.004.00-0.130.99
The chart of Omega ratio for OMAB, currently valued at 0.98, compared to the broader market0.501.001.502.000.981.12
The chart of Calmar ratio for OMAB, currently valued at -0.25, compared to the broader market0.002.004.006.00-0.250.77
The chart of Martin ratio for OMAB, currently valued at -0.50, compared to the broader market-5.000.005.0010.0015.0020.0025.00-0.501.99
OMAB
CAAP

The current OMAB Sharpe Ratio is -0.26, which is lower than the CAAP Sharpe Ratio of 0.56. The chart below compares the historical Sharpe Ratios of OMAB and CAAP, 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 Ratio-0.500.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
-0.26
0.56
OMAB
CAAP

Dividends

OMAB vs. CAAP - Dividend Comparison

OMAB's dividend yield for the trailing twelve months is around 6.64%, while CAAP has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
OMAB
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.
6.64%5.14%10.82%3.55%0.00%2.81%4.30%4.06%4.65%4.05%5.05%7.06%
CAAP
Corporación América Airports S.A.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

OMAB vs. CAAP - Drawdown Comparison

The maximum OMAB drawdown since its inception was -77.35%, smaller than the maximum CAAP drawdown of -89.88%. Use the drawdown chart below to compare losses from any high point for OMAB and CAAP. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-21.17%
-8.66%
OMAB
CAAP

Volatility

OMAB vs. CAAP - Volatility Comparison

The current volatility for Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) is 10.89%, while Corporación América Airports S.A. (CAAP) has a volatility of 14.26%. This indicates that OMAB experiences smaller price fluctuations and is considered to be less risky than CAAP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


6.00%8.00%10.00%12.00%14.00%16.00%JulyAugustSeptemberOctoberNovemberDecember
10.89%
14.26%
OMAB
CAAP

Financials

OMAB vs. CAAP - Financials Comparison

This section allows you to compare key financial metrics between Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. and Corporación América Airports S.A.. 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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