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PACB vs. ARDX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Performance

PACB vs. ARDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacific Biosciences of California, Inc. (PACB) and Ardelyx, Inc. (ARDX). The values are adjusted to include any dividend payments, if applicable.

-40.00%-20.00%0.00%20.00%40.00%JuneJulyAugustSeptemberOctoberNovember
-18.25%
-37.46%
PACB
ARDX

Returns By Period

In the year-to-date period, PACB achieves a -84.00% return, which is significantly lower than ARDX's -20.00% return. Both investments have delivered pretty close results over the past 10 years, with PACB having a -13.73% annualized return and ARDX not far behind at -14.19%.


PACB

YTD

-84.00%

1M

-20.71%

6M

-18.23%

1Y

-81.31%

5Y (annualized)

-21.39%

10Y (annualized)

-13.73%

ARDX

YTD

-20.00%

1M

-15.07%

6M

-37.45%

1Y

14.55%

5Y (annualized)

-6.27%

10Y (annualized)

-14.19%

Fundamentals


PACBARDX
Market Cap$670.58M$1.18B
EPS-$1.31-$0.32
PEG Ratio-0.17-0.08
Total Revenue (TTM)$133.18M$251.85M
Gross Profit (TTM)$19.12M$212.93M
EBITDA (TTM)-$206.13M-$53.06M

Key characteristics


PACBARDX
Sharpe Ratio-0.680.28
Sortino Ratio-0.981.01
Omega Ratio0.881.14
Calmar Ratio-0.810.26
Martin Ratio-1.140.78
Ulcer Index69.69%29.43%
Daily Std Dev116.57%81.96%
Max Drawdown-97.65%-98.45%
Current Drawdown-96.93%-84.92%

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Correlation

-0.50.00.51.00.3

The correlation between PACB and ARDX is 0.27, 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.

Risk-Adjusted Performance

PACB vs. ARDX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacific Biosciences of California, Inc. (PACB) and Ardelyx, Inc. (ARDX). 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 PACB, currently valued at -0.68, compared to the broader market-4.00-2.000.002.004.00-0.680.28
The chart of Sortino ratio for PACB, currently valued at -0.98, compared to the broader market-4.00-2.000.002.004.00-0.981.01
The chart of Omega ratio for PACB, currently valued at 0.88, compared to the broader market0.501.001.502.000.881.14
The chart of Calmar ratio for PACB, currently valued at -0.81, compared to the broader market0.002.004.006.00-0.810.26
The chart of Martin ratio for PACB, currently valued at -1.14, compared to the broader market-10.000.0010.0020.0030.00-1.140.78
PACB
ARDX

The current PACB Sharpe Ratio is -0.68, which is lower than the ARDX Sharpe Ratio of 0.28. The chart below compares the historical Sharpe Ratios of PACB and ARDX, 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-1.00-0.500.000.501.001.50JuneJulyAugustSeptemberOctoberNovember
-0.68
0.28
PACB
ARDX

Dividends

PACB vs. ARDX - Dividend Comparison

Neither PACB nor ARDX has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

PACB vs. ARDX - Drawdown Comparison

The maximum PACB drawdown since its inception was -97.65%, roughly equal to the maximum ARDX drawdown of -98.45%. Use the drawdown chart below to compare losses from any high point for PACB and ARDX. For additional features, visit the drawdowns tool.


-95.00%-90.00%-85.00%-80.00%-75.00%JuneJulyAugustSeptemberOctoberNovember
-96.93%
-84.92%
PACB
ARDX

Volatility

PACB vs. ARDX - Volatility Comparison

Pacific Biosciences of California, Inc. (PACB) has a higher volatility of 32.98% compared to Ardelyx, Inc. (ARDX) at 30.28%. This indicates that PACB's price experiences larger fluctuations and is considered to be riskier than ARDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%50.00%JuneJulyAugustSeptemberOctoberNovember
32.98%
30.28%
PACB
ARDX

Financials

PACB vs. ARDX - Financials Comparison

This section allows you to compare key financial metrics between Pacific Biosciences of California, Inc. and Ardelyx, 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items