PGY vs. MELI
Compare and contrast key facts about Pagaya Technologies Ltd. (PGY) and MercadoLibre, Inc. (MELI).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PGY or MELI.
Correlation
The correlation between PGY and MELI is 0.27, 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
PGY vs. MELI - Performance Comparison
Key characteristics
PGY:
0.03
MELI:
0.51
PGY:
0.75
MELI:
0.91
PGY:
1.10
MELI:
1.13
PGY:
0.03
MELI:
0.61
PGY:
0.08
MELI:
1.68
PGY:
37.60%
MELI:
11.51%
PGY:
98.76%
MELI:
37.98%
PGY:
-98.09%
MELI:
-89.49%
PGY:
-95.53%
MELI:
-1.38%
Fundamentals
PGY:
$1.22B
MELI:
$105.24B
PGY:
-$2.58
MELI:
$28.23
PGY:
0.10
MELI:
1.26
PGY:
$728.88M
MELI:
$14.17B
PGY:
$289.43M
MELI:
$6.28B
PGY:
$31.60M
MELI:
$2.28B
Returns By Period
In the year-to-date period, PGY achieves a 72.87% return, which is significantly higher than MELI's 24.11% return.
PGY
72.87%
73.25%
30.46%
-3.02%
N/A
N/A
MELI
24.11%
15.04%
6.12%
21.45%
23.55%
32.21%
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Risk-Adjusted Performance
PGY vs. MELI — Risk-Adjusted Performance Rank
PGY
MELI
PGY vs. MELI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pagaya Technologies Ltd. (PGY) and MercadoLibre, Inc. (MELI). 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
PGY vs. MELI - Dividend Comparison
Neither PGY nor MELI has paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PGY Pagaya Technologies Ltd. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MELI MercadoLibre, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.19% | 0.38% | 0.36% | 0.52% |
Drawdowns
PGY vs. MELI - Drawdown Comparison
The maximum PGY drawdown since its inception was -98.09%, which is greater than MELI's maximum drawdown of -89.49%. Use the drawdown chart below to compare losses from any high point for PGY and MELI. For additional features, visit the drawdowns tool.
Volatility
PGY vs. MELI - Volatility Comparison
Pagaya Technologies Ltd. (PGY) has a higher volatility of 33.14% compared to MercadoLibre, Inc. (MELI) at 6.83%. This indicates that PGY's price experiences larger fluctuations and is considered to be riskier than MELI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
PGY vs. MELI - Financials Comparison
This section allows you to compare key financial metrics between Pagaya Technologies Ltd. and MercadoLibre, 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