OTEX.TO vs. SHOP.TO
Compare and contrast key facts about Open Text Corporation (OTEX.TO) and Shopify Inc. (SHOP.TO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OTEX.TO or SHOP.TO.
Performance
OTEX.TO vs. SHOP.TO - Performance Comparison
Returns By Period
In the year-to-date period, OTEX.TO achieves a -25.81% return, which is significantly lower than SHOP.TO's 48.19% return.
OTEX.TO
-25.81%
-13.52%
-0.82%
-21.90%
-5.13%
3.58%
SHOP.TO
48.19%
35.86%
91.98%
64.93%
30.04%
N/A
Fundamentals
| OTEX.TO | SHOP.TO | |
|---|---|---|
| Market Cap | CA$11.15B | CA$196.74B |
| EPS | CA$2.41 | CA$1.39 |
| PE Ratio | 17.41 | 109.54 |
| PEG Ratio | 1.15 | 1.12 |
| Total Revenue (TTM) | CA$4.34B | CA$6.05B |
| Gross Profit (TTM) | CA$3.17B | CA$3.06B |
| EBITDA (TTM) | CA$1.39B | CA$391.00M |
Key characteristics
| OTEX.TO | SHOP.TO | |
|---|---|---|
| Sharpe Ratio | -0.73 | 1.27 |
| Sortino Ratio | -0.79 | 1.94 |
| Omega Ratio | 0.88 | 1.29 |
| Calmar Ratio | -0.50 | 0.99 |
| Martin Ratio | -1.00 | 3.42 |
| Ulcer Index | 21.22% | 18.88% |
| Daily Std Dev | 28.81% | 51.09% |
| Max Drawdown | -72.08% | -83.47% |
| Current Drawdown | -37.70% | -28.56% |
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Correlation
The correlation between OTEX.TO and SHOP.TO is 0.49, 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.
Risk-Adjusted Performance
OTEX.TO vs. SHOP.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Open Text Corporation (OTEX.TO) and Shopify Inc. (SHOP.TO). 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
OTEX.TO vs. SHOP.TO - Dividend Comparison
OTEX.TO's dividend yield for the trailing twelve months is around 2.49%, while SHOP.TO has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
OTEX.TO Open Text Corporation | 2.49% | 1.77% | 2.31% | 1.40% | 1.25% | 1.18% | 1.32% | 1.14% | 0.00% | 0.00% | 0.00% |
SHOP.TO Shopify Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
OTEX.TO vs. SHOP.TO - Drawdown Comparison
The maximum OTEX.TO drawdown since its inception was -72.08%, smaller than the maximum SHOP.TO drawdown of -83.47%. Use the drawdown chart below to compare losses from any high point for OTEX.TO and SHOP.TO. For additional features, visit the drawdowns tool.
Volatility
OTEX.TO vs. SHOP.TO - Volatility Comparison
The current volatility for Open Text Corporation (OTEX.TO) is 14.38%, while Shopify Inc. (SHOP.TO) has a volatility of 21.84%. This indicates that OTEX.TO experiences smaller price fluctuations and is considered to be less risky than SHOP.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
OTEX.TO vs. SHOP.TO - Financials Comparison
This section allows you to compare key financial metrics between Open Text Corporation and Shopify 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