PAX vs. AB
Compare and contrast key facts about Patria Investments Limited (PAX) and AllianceBernstein Holding L.P. (AB).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PAX or AB.
Key characteristics
| PAX | AB | |
|---|---|---|
| YTD Return | -17.42% | 29.07% |
| 1Y Return | -4.51% | 47.46% |
| 3Y Return (Ann) | -7.84% | -5.92% |
| Sharpe Ratio | -0.21 | 1.97 |
| Sortino Ratio | -0.13 | 2.67 |
| Omega Ratio | 0.98 | 1.33 |
| Calmar Ratio | -0.13 | 0.97 |
| Martin Ratio | -0.33 | 16.45 |
| Ulcer Index | 16.65% | 2.71% |
| Daily Std Dev | 25.58% | 22.63% |
| Max Drawdown | -41.46% | -87.65% |
| Current Drawdown | -34.09% | -16.70% |
Fundamentals
| PAX | AB | |
|---|---|---|
| Market Cap | $1.86B | $4.16B |
| EPS | $0.43 | $3.48 |
| PE Ratio | 28.28 | 10.55 |
| Total Revenue (TTM) | $250.38M | $433.88M |
| Gross Profit (TTM) | $167.25M | -$1.38B |
| EBITDA (TTM) | $129.62M | $816.07M |
Correlation
The correlation between PAX and AB is 0.38, 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
PAX vs. AB - Performance Comparison
In the year-to-date period, PAX achieves a -17.42% return, which is significantly lower than AB's 29.07% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
PAX vs. AB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Patria Investments Limited (PAX) and AllianceBernstein Holding L.P. (AB). 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
PAX vs. AB - Dividend Comparison
PAX's dividend yield for the trailing twelve months is around 7.59%, less than AB's 8.12% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PAX Patria Investments Limited | 7.59% | 6.34% | 5.04% | 4.38% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AB AllianceBernstein Holding L.P. | 8.12% | 8.44% | 10.30% | 7.33% | 8.26% | 7.67% | 10.54% | 8.50% | 7.46% | 8.09% | 7.32% | 7.45% |
Drawdowns
PAX vs. AB - Drawdown Comparison
The maximum PAX drawdown since its inception was -41.46%, smaller than the maximum AB drawdown of -87.65%. Use the drawdown chart below to compare losses from any high point for PAX and AB. For additional features, visit the drawdowns tool.
Volatility
PAX vs. AB - Volatility Comparison
Patria Investments Limited (PAX) has a higher volatility of 8.91% compared to AllianceBernstein Holding L.P. (AB) at 8.12%. This indicates that PAX's price experiences larger fluctuations and is considered to be riskier than AB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
PAX vs. AB - Financials Comparison
This section allows you to compare key financial metrics between Patria Investments Limited and AllianceBernstein Holding L.P.. 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