PRME vs. BEAM
Compare and contrast key facts about Prime Medicine Inc. Common Stock (PRME) and Beam Therapeutics Inc. (BEAM).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRME or BEAM.
Correlation
The correlation between PRME and BEAM is 0.54, 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.
Performance
PRME vs. BEAM - Performance Comparison
Key characteristics
PRME:
-0.67
BEAM:
-0.04
PRME:
-0.83
BEAM:
0.52
PRME:
0.91
BEAM:
1.06
PRME:
-0.66
BEAM:
-0.03
PRME:
-1.21
BEAM:
-0.07
PRME:
47.48%
BEAM:
40.04%
PRME:
85.53%
BEAM:
72.94%
PRME:
-87.50%
BEAM:
-86.76%
PRME:
-86.32%
BEAM:
-82.46%
Fundamentals
PRME:
$379.06M
BEAM:
$1.94B
PRME:
-$2.06
BEAM:
-$1.58
PRME:
$38.57M
BEAM:
$33.45M
PRME:
$37.26M
BEAM:
$16.97M
PRME:
-$153.83M
BEAM:
-$299.05M
Returns By Period
In the year-to-date period, PRME achieves a -1.03% return, which is significantly higher than BEAM's -5.48% return.
PRME
-1.03%
9.47%
-45.52%
-54.77%
N/A
N/A
BEAM
-5.48%
-12.70%
-9.64%
-1.06%
N/A
N/A
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Risk-Adjusted Performance
PRME vs. BEAM — Risk-Adjusted Performance Rank
PRME
BEAM
PRME vs. BEAM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Prime Medicine Inc. Common Stock (PRME) and Beam Therapeutics Inc. (BEAM). 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
PRME vs. BEAM - Dividend Comparison
Neither PRME nor BEAM has paid dividends to shareholders.
Drawdowns
PRME vs. BEAM - Drawdown Comparison
The maximum PRME drawdown since its inception was -87.50%, roughly equal to the maximum BEAM drawdown of -86.76%. Use the drawdown chart below to compare losses from any high point for PRME and BEAM. For additional features, visit the drawdowns tool.
Volatility
PRME vs. BEAM - Volatility Comparison
Prime Medicine Inc. Common Stock (PRME) has a higher volatility of 23.51% compared to Beam Therapeutics Inc. (BEAM) at 18.32%. This indicates that PRME's price experiences larger fluctuations and is considered to be riskier than BEAM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
PRME vs. BEAM - Financials Comparison
This section allows you to compare key financial metrics between Prime Medicine Inc. Common Stock and Beam Therapeutics 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