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

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.


-0.50.00.51.00.4

Performance

PACB vs. EDIT - Performance Comparison

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

-90.00%-85.00%-80.00%-75.00%-70.00%JulyAugustSeptemberOctoberNovemberDecember
-84.07%
-92.80%
PACB
EDIT

Key characteristics

Sharpe Ratio

PACB:

-0.68

EDIT:

-1.15

Sortino Ratio

PACB:

-0.98

EDIT:

-3.08

Omega Ratio

PACB:

0.88

EDIT:

0.67

Calmar Ratio

PACB:

-0.82

EDIT:

-0.88

Martin Ratio

PACB:

-1.08

EDIT:

-1.58

Ulcer Index

PACB:

73.88%

EDIT:

55.13%

Daily Std Dev

PACB:

117.89%

EDIT:

75.78%

Max Drawdown

PACB:

-97.65%

EDIT:

-98.55%

Current Drawdown

PACB:

-96.15%

EDIT:

-98.55%

Fundamentals

Market Cap

PACB:

$579.80M

EDIT:

$125.47M

EPS

PACB:

-$1.46

EDIT:

-$2.54

PEG Ratio

PACB:

-0.17

EDIT:

0.00

Total Revenue (TTM)

PACB:

$173.15M

EDIT:

$61.76M

Gross Profit (TTM)

PACB:

$31.38M

EDIT:

$55.86M

EBITDA (TTM)

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

YTD

-79.92%

1M

14.53%

6M

34.01%

1Y

-80.10%

5Y*

-17.95%

10Y*

-12.48%

EDIT

YTD

-87.07%

1M

-45.64%

6M

-74.36%

1Y

-87.33%

5Y*

-47.24%

10Y*

N/A

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

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.


Sharpe ratio
The chart of Sharpe ratio for PACB, currently valued at -0.68, compared to the broader market-4.00-2.000.002.00-0.68-1.15
The chart of Sortino ratio for PACB, currently valued at -0.98, compared to the broader market-4.00-2.000.002.004.00-0.98-3.08
The chart of Omega ratio for PACB, currently valued at 0.88, compared to the broader market0.501.001.502.000.880.67
The chart of Calmar ratio for PACB, currently valued at -0.82, compared to the broader market0.002.004.006.00-0.82-0.88
The chart of Martin ratio for PACB, currently valued at -1.08, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.08-1.58
PACB
EDIT

The current PACB Sharpe Ratio is -0.68, which is higher than the EDIT Sharpe Ratio of -1.15. The chart below compares the historical Sharpe Ratios of PACB and EDIT, 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-1.20-1.00-0.80-0.60-0.40JulyAugustSeptemberOctoberNovemberDecember
-0.68
-1.15
PACB
EDIT

Dividends

PACB vs. EDIT - Dividend Comparison

Neither PACB nor EDIT has paid dividends to shareholders.


Tickers have no history of dividend payments

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.


-99.00%-98.00%-97.00%-96.00%-95.00%-94.00%-93.00%JulyAugustSeptemberOctoberNovemberDecember
-96.15%
-98.55%
PACB
EDIT

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.


10.00%20.00%30.00%40.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
26.23%
35.04%
PACB
EDIT

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.


Quarterly
Annual

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


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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