OMGA vs. CRVO
Compare and contrast key facts about Omega Therapeutics, Inc. (OMGA) and CervoMed Inc. (CRVO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OMGA or CRVO.
Correlation
The correlation between OMGA and CRVO is 0.14, 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.
Performance
OMGA vs. CRVO - Performance Comparison
Key characteristics
OMGA:
-0.65
CRVO:
-0.66
OMGA:
-1.76
CRVO:
-0.60
OMGA:
0.77
CRVO:
0.90
OMGA:
-0.95
CRVO:
-0.84
OMGA:
-1.50
CRVO:
-1.67
OMGA:
63.26%
CRVO:
50.64%
OMGA:
146.63%
CRVO:
128.55%
OMGA:
-99.63%
CRVO:
-99.99%
OMGA:
-99.25%
CRVO:
-99.99%
Fundamentals
OMGA:
$10.70M
CRVO:
$17.58M
OMGA:
-$1.32
CRVO:
-$2.17
OMGA:
$7.11M
CRVO:
$5.64M
OMGA:
-$4.05M
CRVO:
$2.82M
OMGA:
-$50.70M
CRVO:
-$10.99M
Returns By Period
In the year-to-date period, OMGA achieves a -70.43% return, which is significantly lower than CRVO's -6.41% return.
OMGA
-70.43%
-63.07%
-85.59%
-94.49%
N/A
N/A
CRVO
-6.41%
2.82%
-87.15%
-85.20%
-41.23%
N/A
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Risk-Adjusted Performance
OMGA vs. CRVO — Risk-Adjusted Performance Rank
OMGA
CRVO
OMGA vs. CRVO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Omega Therapeutics, Inc. (OMGA) and CervoMed Inc. (CRVO). 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.
Dividends
OMGA vs. CRVO - Dividend Comparison
Neither OMGA nor CRVO has paid dividends to shareholders.
Drawdowns
OMGA vs. CRVO - Drawdown Comparison
The maximum OMGA drawdown since its inception was -99.63%, roughly equal to the maximum CRVO drawdown of -99.99%. Use the drawdown chart below to compare losses from any high point for OMGA and CRVO. For additional features, visit the drawdowns tool.
Volatility
OMGA vs. CRVO - Volatility Comparison
Omega Therapeutics, Inc. (OMGA) has a higher volatility of 139.42% compared to CervoMed Inc. (CRVO) at 9.71%. This indicates that OMGA's price experiences larger fluctuations and is considered to be riskier than CRVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
OMGA vs. CRVO - Financials Comparison
This section allows you to compare key financial metrics between Omega Therapeutics, Inc. and CervoMed 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