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PRCT vs. FDFIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PRCT and FDFIX is 0.37, 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.


-0.50.00.51.00.4

Performance

PRCT vs. FDFIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PROCEPT BioRobotics Corporation (PRCT) and Fidelity Flex 500 Index Fund (FDFIX). The values are adjusted to include any dividend payments, if applicable.

20.00%40.00%60.00%80.00%100.00%120.00%140.00%JulyAugustSeptemberOctoberNovemberDecember
93.54%
38.50%
PRCT
FDFIX

Key characteristics

Sharpe Ratio

PRCT:

1.63

FDFIX:

2.20

Sortino Ratio

PRCT:

3.05

FDFIX:

2.92

Omega Ratio

PRCT:

1.35

FDFIX:

1.41

Calmar Ratio

PRCT:

4.82

FDFIX:

3.27

Martin Ratio

PRCT:

13.01

FDFIX:

14.41

Ulcer Index

PRCT:

7.91%

FDFIX:

1.91%

Daily Std Dev

PRCT:

63.21%

FDFIX:

12.52%

Max Drawdown

PRCT:

-63.51%

FDFIX:

-33.77%

Current Drawdown

PRCT:

-18.38%

FDFIX:

-2.92%

Returns By Period

In the year-to-date period, PRCT achieves a 93.68% return, which is significantly higher than FDFIX's 25.59% return.


PRCT

YTD

93.68%

1M

-12.44%

6M

35.46%

1Y

90.76%

5Y*

N/A

10Y*

N/A

FDFIX

YTD

25.59%

1M

0.00%

6M

8.87%

1Y

26.21%

5Y*

14.71%

10Y*

N/A

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Risk-Adjusted Performance

PRCT vs. FDFIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for PROCEPT BioRobotics Corporation (PRCT) and Fidelity Flex 500 Index Fund (FDFIX). 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 PRCT, currently valued at 1.63, compared to the broader market-4.00-2.000.002.001.632.20
The chart of Sortino ratio for PRCT, currently valued at 3.05, compared to the broader market-4.00-2.000.002.004.003.052.92
The chart of Omega ratio for PRCT, currently valued at 1.35, compared to the broader market0.501.001.502.001.351.41
The chart of Calmar ratio for PRCT, currently valued at 4.82, compared to the broader market0.002.004.006.004.823.27
The chart of Martin ratio for PRCT, currently valued at 13.01, compared to the broader market-5.000.005.0010.0015.0020.0025.0013.0114.41
PRCT
FDFIX

The current PRCT Sharpe Ratio is 1.63, which is comparable to the FDFIX Sharpe Ratio of 2.20. The chart below compares the historical Sharpe Ratios of PRCT and FDFIX, 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 Ratio1.001.502.002.503.003.504.004.50JulyAugustSeptemberOctoberNovemberDecember
1.63
2.20
PRCT
FDFIX

Dividends

PRCT vs. FDFIX - Dividend Comparison

PRCT has not paid dividends to shareholders, while FDFIX's dividend yield for the trailing twelve months is around 0.88%.


TTM2023202220212020201920182017
PRCT
PROCEPT BioRobotics Corporation
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FDFIX
Fidelity Flex 500 Index Fund
0.88%1.48%1.70%1.18%1.52%1.78%1.81%0.85%

Drawdowns

PRCT vs. FDFIX - Drawdown Comparison

The maximum PRCT drawdown since its inception was -63.51%, which is greater than FDFIX's maximum drawdown of -33.77%. Use the drawdown chart below to compare losses from any high point for PRCT and FDFIX. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-18.38%
-2.92%
PRCT
FDFIX

Volatility

PRCT vs. FDFIX - Volatility Comparison

PROCEPT BioRobotics Corporation (PRCT) has a higher volatility of 12.25% compared to Fidelity Flex 500 Index Fund (FDFIX) at 3.69%. This indicates that PRCT's price experiences larger fluctuations and is considered to be riskier than FDFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%25.00%30.00%35.00%JulyAugustSeptemberOctoberNovemberDecember
12.25%
3.69%
PRCT
FDFIX
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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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