PARA vs. NFLX
Compare and contrast key facts about Paramount Global Class B (PARA) and Netflix, Inc. (NFLX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PARA or NFLX.
Correlation
The correlation between PARA and NFLX is 0.25, 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
PARA vs. NFLX - Performance Comparison
Key characteristics
PARA:
-0.59
NFLX:
2.90
PARA:
-0.67
NFLX:
3.77
PARA:
0.92
NFLX:
1.51
PARA:
-0.33
NFLX:
2.66
PARA:
-1.23
NFLX:
20.77
PARA:
24.45%
NFLX:
4.13%
PARA:
51.16%
NFLX:
29.58%
PARA:
-90.06%
NFLX:
-81.99%
PARA:
-88.26%
NFLX:
-2.94%
Fundamentals
PARA:
$7.67B
NFLX:
$392.89B
PARA:
-$9.06
NFLX:
$17.65
PARA:
0.29
NFLX:
1.88
PARA:
$28.87B
NFLX:
$37.57B
PARA:
$8.65B
NFLX:
$16.99B
PARA:
-$4.60B
NFLX:
$25.08B
Returns By Period
In the year-to-date period, PARA achieves a -26.58% return, which is significantly lower than NFLX's 86.71% return. Over the past 10 years, PARA has underperformed NFLX with an annualized return of -13.50%, while NFLX has yielded a comparatively higher 34.26% annualized return.
PARA
-26.58%
1.21%
6.00%
-27.95%
-21.87%
-13.50%
NFLX
86.71%
2.85%
32.49%
84.91%
22.00%
34.26%
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Risk-Adjusted Performance
PARA vs. NFLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Paramount Global Class B (PARA) and Netflix, Inc. (NFLX). 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
PARA vs. NFLX - Dividend Comparison
PARA's dividend yield for the trailing twelve months is around 1.88%, while NFLX has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PARA Paramount Global Class B | 1.88% | 2.64% | 5.69% | 3.18% | 2.58% | 1.86% | 1.65% | 1.22% | 1.04% | 1.27% | 0.98% | 0.75% |
NFLX Netflix, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PARA vs. NFLX - Drawdown Comparison
The maximum PARA drawdown since its inception was -90.06%, which is greater than NFLX's maximum drawdown of -81.99%. Use the drawdown chart below to compare losses from any high point for PARA and NFLX. For additional features, visit the drawdowns tool.
Volatility
PARA vs. NFLX - Volatility Comparison
Paramount Global Class B (PARA) has a higher volatility of 10.23% compared to Netflix, Inc. (NFLX) at 7.30%. This indicates that PARA's price experiences larger fluctuations and is considered to be riskier than NFLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
PARA vs. NFLX - Financials Comparison
This section allows you to compare key financial metrics between Paramount Global Class B and Netflix, 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