Correlation
The correlation between PAX and AB is 0.50, 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.
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.
Performance
PAX vs. AB - Performance Comparison
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Key characteristics
PAX:
0.14
AB:
1.10
PAX:
0.38
AB:
1.57
PAX:
1.05
AB:
1.21
PAX:
0.08
AB:
1.04
PAX:
0.35
AB:
6.79
PAX:
10.49%
AB:
4.49%
PAX:
31.80%
AB:
28.68%
PAX:
-46.17%
AB:
-87.65%
PAX:
-28.30%
AB:
-4.89%
Fundamentals
PAX:
$2.01B
AB:
$4.42B
PAX:
$0.47
AB:
$3.79
PAX:
27.11
AB:
10.54
PAX:
5.17
AB:
9.10
PAX:
4.19
AB:
2.21
PAX:
$310.30M
AB:
$458.42M
PAX:
$193.90M
AB:
$458.42M
PAX:
$132.58M
AB:
$436.88M
Returns By Period
In the year-to-date period, PAX achieves a 12.31% return, which is significantly lower than AB's 13.01% return.
PAX
12.31%
22.22%
9.21%
3.05%
-2.12%
N/A
N/A
AB
13.01%
-2.49%
15.57%
30.27%
6.37%
19.49%
11.66%
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Risk-Adjusted Performance
PAX vs. AB — Risk-Adjusted Performance Rank
PAX
AB
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.
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Dividends
PAX vs. AB - Dividend Comparison
PAX's dividend yield for the trailing twelve months is around 4.71%, less than AB's 8.34% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PAX Patria Investments Limited | 4.71% | 7.52% | 6.34% | 5.04% | 4.38% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AB AllianceBernstein Holding L.P. | 8.34% | 8.03% | 8.44% | 10.30% | 7.33% | 8.26% | 7.67% | 10.54% | 8.50% | 7.46% | 8.09% | 7.32% |
Drawdowns
PAX vs. AB - Drawdown Comparison
The maximum PAX drawdown since its inception was -46.17%, 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.
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Volatility
PAX vs. AB - Volatility Comparison
Patria Investments Limited (PAX) and AllianceBernstein Holding L.P. (AB) have volatilities of 7.39% and 7.43%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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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