Correlation
The correlation between OMEX and ODFL is 0.48, 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.
OMEX vs. ODFL
Compare and contrast key facts about Odyssey Marine Exploration, Inc. (OMEX) and Old Dominion Freight Line, Inc. (ODFL).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OMEX or ODFL.
Performance
OMEX vs. ODFL - Performance Comparison
Loading data...
Key characteristics
OMEX:
-0.30
ODFL:
-0.18
OMEX:
1.47
ODFL:
0.01
OMEX:
1.23
ODFL:
1.00
OMEX:
-0.84
ODFL:
-0.19
OMEX:
-1.11
ODFL:
-0.39
OMEX:
75.29%
ODFL:
17.88%
OMEX:
280.39%
ODFL:
39.05%
OMEX:
-99.70%
ODFL:
-66.29%
OMEX:
-99.22%
ODFL:
-30.72%
Fundamentals
OMEX:
$26.24M
ODFL:
$34.33B
OMEX:
$0.27
ODFL:
$5.31
OMEX:
3.10
ODFL:
30.51
OMEX:
0.00
ODFL:
3.06
OMEX:
37.46
ODFL:
5.99
OMEX:
0.00
ODFL:
8.10
OMEX:
$700.61K
ODFL:
$5.73B
OMEX:
-$2.09M
ODFL:
$1.93B
OMEX:
$10.94M
ODFL:
$1.85B
Returns By Period
In the year-to-date period, OMEX achieves a 8.57% return, which is significantly higher than ODFL's -9.06% return. Over the past 10 years, OMEX has underperformed ODFL with an annualized return of -19.14%, while ODFL has yielded a comparatively higher 22.13% annualized return.
OMEX
8.57%
-42.52%
68.47%
-83.40%
-41.02%
-29.06%
-19.14%
ODFL
-9.06%
4.50%
-28.66%
-6.91%
7.93%
13.84%
22.13%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
OMEX vs. ODFL — Risk-Adjusted Performance Rank
OMEX
ODFL
OMEX vs. ODFL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Odyssey Marine Exploration, Inc. (OMEX) and Old Dominion Freight Line, Inc. (ODFL). 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.
Loading data...
Dividends
OMEX vs. ODFL - Dividend Comparison
OMEX has not paid dividends to shareholders, while ODFL's dividend yield for the trailing twelve months is around 0.66%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
---|---|---|---|---|---|---|---|---|---|
OMEX Odyssey Marine Exploration, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ODFL Old Dominion Freight Line, Inc. | 0.66% | 0.59% | 0.39% | 0.42% | 0.22% | 0.31% | 0.36% | 0.74% | 0.30% |
Drawdowns
OMEX vs. ODFL - Drawdown Comparison
The maximum OMEX drawdown since its inception was -99.70%, which is greater than ODFL's maximum drawdown of -66.29%. Use the drawdown chart below to compare losses from any high point for OMEX and ODFL.
Loading data...
Volatility
OMEX vs. ODFL - Volatility Comparison
Odyssey Marine Exploration, Inc. (OMEX) has a higher volatility of 32.33% compared to Old Dominion Freight Line, Inc. (ODFL) at 13.88%. This indicates that OMEX's price experiences larger fluctuations and is considered to be riskier than ODFL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...
Financials
OMEX vs. ODFL - Financials Comparison
This section allows you to compare key financial metrics between Odyssey Marine Exploration, Inc. and Old Dominion Freight Line, 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