PortfoliosLab logo
Tools
Performance Analysis
Risk Analysis
Optimization
Factor Model
See All Tools
Portfolio Analysis
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
RDFN vs. RNG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Key characteristics


RDFNRNG
YTD Return-30.77%4.30%
1Y Return-35.63%23.21%
3Y Return (Ann)-49.17%-49.02%
5Y Return (Ann)-15.96%-22.03%
Sharpe Ratio-0.430.30
Daily Std Dev83.67%57.02%
Max Drawdown-96.61%-94.29%
Current Drawdown-92.60%-92.01%

Fundamentals


RDFNRNG
Market Cap$853.62M$3.26B
EPS-$1.18-$1.48
PEG Ratio0.000.41
Revenue (TTM)$988.07M$2.25B
Gross Profit (TTM)$286.05M$1.35B
EBITDA (TTM)-$118.97M$96.95M

Correlation

-0.50.00.51.00.4

The correlation between RDFN and RNG is 0.44, 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

RDFN vs. RNG - Performance Comparison

In the year-to-date period, RDFN achieves a -30.77% return, which is significantly lower than RNG's 4.30% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-80.00%-60.00%-40.00%-20.00%0.00%December2024FebruaryMarchAprilMay
-67.07%
0.74%
RDFN
RNG

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Redfin Corporation

RingCentral, Inc.

Risk-Adjusted Performance

RDFN vs. RNG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Redfin Corporation (RDFN) and RingCentral, Inc. (RNG). 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.


RDFN
Sharpe ratio
The chart of Sharpe ratio for RDFN, currently valued at -0.43, compared to the broader market-2.00-1.000.001.002.003.00-0.43
Sortino ratio
The chart of Sortino ratio for RDFN, currently valued at -0.20, compared to the broader market-4.00-2.000.002.004.006.00-0.20
Omega ratio
The chart of Omega ratio for RDFN, currently valued at 0.98, compared to the broader market0.501.001.502.000.98
Calmar ratio
The chart of Calmar ratio for RDFN, currently valued at -0.38, compared to the broader market0.002.004.006.00-0.38
Martin ratio
The chart of Martin ratio for RDFN, currently valued at -0.72, compared to the broader market-10.000.0010.0020.0030.00-0.72
RNG
Sharpe ratio
The chart of Sharpe ratio for RNG, currently valued at 0.30, compared to the broader market-2.00-1.000.001.002.003.000.30
Sortino ratio
The chart of Sortino ratio for RNG, currently valued at 0.85, compared to the broader market-4.00-2.000.002.004.006.000.85
Omega ratio
The chart of Omega ratio for RNG, currently valued at 1.10, compared to the broader market0.501.001.502.001.10
Calmar ratio
The chart of Calmar ratio for RNG, currently valued at 0.18, compared to the broader market0.002.004.006.000.18
Martin ratio
The chart of Martin ratio for RNG, currently valued at 0.69, compared to the broader market-10.000.0010.0020.0030.000.69

RDFN vs. RNG - Sharpe Ratio Comparison

The current RDFN Sharpe Ratio is -0.43, which is lower than the RNG Sharpe Ratio of 0.30. The chart below compares the 12-month rolling Sharpe Ratio of RDFN and RNG.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.50December2024FebruaryMarchAprilMay
-0.43
0.30
RDFN
RNG

Dividends

RDFN vs. RNG - Dividend Comparison

Neither RDFN nor RNG has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

RDFN vs. RNG - Drawdown Comparison

The maximum RDFN drawdown since its inception was -96.61%, roughly equal to the maximum RNG drawdown of -94.29%. Use the drawdown chart below to compare losses from any high point for RDFN and RNG. For additional features, visit the drawdowns tool.


-95.00%-94.00%-93.00%-92.00%-91.00%-90.00%-89.00%December2024FebruaryMarchAprilMay
-92.60%
-92.01%
RDFN
RNG

Volatility

RDFN vs. RNG - Volatility Comparison

Redfin Corporation (RDFN) has a higher volatility of 19.94% compared to RingCentral, Inc. (RNG) at 16.73%. This indicates that RDFN's price experiences larger fluctuations and is considered to be riskier than RNG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%30.00%35.00%December2024FebruaryMarchAprilMay
19.94%
16.73%
RDFN
RNG

Financials

RDFN vs. RNG - Financials Comparison

This section allows you to compare key financial metrics between Redfin Corporation and RingCentral, 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities



Values in USD except per share items