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RDNT vs. DVN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between RDNT and DVN is 0.13, 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.


-0.50.00.51.00.1

Performance

RDNT vs. DVN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RadNet, Inc. (RDNT) and Devon Energy Corporation (DVN). The values are adjusted to include any dividend payments, if applicable.

-40.00%-20.00%0.00%20.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
21.31%
-32.21%
RDNT
DVN

Key characteristics

Sharpe Ratio

RDNT:

2.41

DVN:

-1.23

Sortino Ratio

RDNT:

3.68

DVN:

-1.71

Omega Ratio

RDNT:

1.43

DVN:

0.80

Calmar Ratio

RDNT:

6.00

DVN:

-0.50

Martin Ratio

RDNT:

21.78

DVN:

-1.74

Ulcer Index

RDNT:

4.82%

DVN:

17.75%

Daily Std Dev

RDNT:

43.62%

DVN:

25.10%

Max Drawdown

RDNT:

-92.15%

DVN:

-94.93%

Current Drawdown

RDNT:

-17.50%

DVN:

-62.10%

Fundamentals

Market Cap

RDNT:

$5.66B

DVN:

$21.13B

EPS

RDNT:

-$0.07

DVN:

$5.40

PEG Ratio

RDNT:

2.32

DVN:

14.90

Total Revenue (TTM)

RDNT:

$1.77B

DVN:

$15.14B

Gross Profit (TTM)

RDNT:

$539.36M

DVN:

$4.64B

EBITDA (TTM)

RDNT:

$610.70M

DVN:

$7.60B

Returns By Period

In the year-to-date period, RDNT achieves a 104.95% return, which is significantly higher than DVN's -30.26% return. Over the past 10 years, RDNT has outperformed DVN with an annualized return of 23.18%, while DVN has yielded a comparatively lower -3.18% annualized return.


RDNT

YTD

104.95%

1M

-10.76%

6M

24.41%

1Y

104.95%

5Y*

29.75%

10Y*

23.18%

DVN

YTD

-30.26%

1M

-18.97%

6M

-32.46%

1Y

-30.17%

5Y*

9.94%

10Y*

-3.18%

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Risk-Adjusted Performance

RDNT vs. DVN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for RadNet, Inc. (RDNT) and Devon Energy Corporation (DVN). 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 RDNT, currently valued at 2.41, compared to the broader market-4.00-2.000.002.002.41-1.20
The chart of Sortino ratio for RDNT, currently valued at 3.68, compared to the broader market-4.00-2.000.002.004.003.68-1.66
The chart of Omega ratio for RDNT, currently valued at 1.43, compared to the broader market0.501.001.502.001.430.81
The chart of Calmar ratio for RDNT, currently valued at 6.00, compared to the broader market0.002.004.006.006.00-0.49
The chart of Martin ratio for RDNT, currently valued at 21.78, compared to the broader market0.0010.0020.0021.78-1.68
RDNT
DVN

The current RDNT Sharpe Ratio is 2.41, which is higher than the DVN Sharpe Ratio of -1.23. The chart below compares the historical Sharpe Ratios of RDNT and DVN, 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 Ratio-1.000.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
2.41
-1.20
RDNT
DVN

Dividends

RDNT vs. DVN - Dividend Comparison

RDNT has not paid dividends to shareholders, while DVN's dividend yield for the trailing twelve months is around 4.75%.


TTM20232022202120202019201820172016201520142013
RDNT
RadNet, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
DVN
Devon Energy Corporation
4.75%6.34%8.41%4.47%4.30%1.35%1.33%0.58%0.92%3.00%1.54%1.39%

Drawdowns

RDNT vs. DVN - Drawdown Comparison

The maximum RDNT drawdown since its inception was -92.15%, roughly equal to the maximum DVN drawdown of -94.93%. Use the drawdown chart below to compare losses from any high point for RDNT and DVN. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-17.50%
-62.10%
RDNT
DVN

Volatility

RDNT vs. DVN - Volatility Comparison

RadNet, Inc. (RDNT) has a higher volatility of 9.01% compared to Devon Energy Corporation (DVN) at 7.72%. This indicates that RDNT's price experiences larger fluctuations and is considered to be riskier than DVN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
9.01%
7.72%
RDNT
DVN

Financials

RDNT vs. DVN - Financials Comparison

This section allows you to compare key financial metrics between RadNet, Inc. and Devon Energy Corporation. 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
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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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