PACB vs. EDIT
Compare and contrast key facts about Pacific Biosciences of California, Inc. (PACB) and Editas Medicine, Inc. (EDIT).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PACB or EDIT.
Correlation
The correlation between PACB and EDIT is 0.43, 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.
Performance
PACB vs. EDIT - Performance Comparison
Key characteristics
PACB:
-0.68
EDIT:
-1.15
PACB:
-0.98
EDIT:
-3.08
PACB:
0.88
EDIT:
0.67
PACB:
-0.82
EDIT:
-0.88
PACB:
-1.08
EDIT:
-1.58
PACB:
73.88%
EDIT:
55.13%
PACB:
117.89%
EDIT:
75.78%
PACB:
-97.65%
EDIT:
-98.55%
PACB:
-96.15%
EDIT:
-98.55%
Fundamentals
PACB:
$579.80M
EDIT:
$125.47M
PACB:
-$1.46
EDIT:
-$2.54
PACB:
-0.17
EDIT:
0.00
PACB:
$173.15M
EDIT:
$61.76M
PACB:
$31.38M
EDIT:
$55.86M
PACB:
-$320.47M
EDIT:
-$219.10M
Returns By Period
In the year-to-date period, PACB achieves a -79.92% return, which is significantly higher than EDIT's -87.07% return.
PACB
-79.92%
14.53%
34.01%
-80.10%
-17.95%
-12.48%
EDIT
-87.07%
-45.64%
-74.36%
-87.33%
-47.24%
N/A
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Risk-Adjusted Performance
PACB vs. EDIT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacific Biosciences of California, Inc. (PACB) and Editas Medicine, Inc. (EDIT). 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
PACB vs. EDIT - Dividend Comparison
Neither PACB nor EDIT has paid dividends to shareholders.
Drawdowns
PACB vs. EDIT - Drawdown Comparison
The maximum PACB drawdown since its inception was -97.65%, roughly equal to the maximum EDIT drawdown of -98.55%. Use the drawdown chart below to compare losses from any high point for PACB and EDIT. For additional features, visit the drawdowns tool.
Volatility
PACB vs. EDIT - Volatility Comparison
The current volatility for Pacific Biosciences of California, Inc. (PACB) is 26.23%, while Editas Medicine, Inc. (EDIT) has a volatility of 35.04%. This indicates that PACB experiences smaller price fluctuations and is considered to be less risky than EDIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
PACB vs. EDIT - Financials Comparison
This section allows you to compare key financial metrics between Pacific Biosciences of California, Inc. and Editas Medicine, 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