RDNT vs. LH
Compare and contrast key facts about RadNet, Inc. (RDNT) and Laboratory Corporation of America Holdings (LH).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RDNT or LH.
Correlation
The correlation between RDNT and LH is 0.16, 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
RDNT vs. LH - Performance Comparison
Key characteristics
RDNT:
2.41
LH:
0.12
RDNT:
3.68
LH:
0.34
RDNT:
1.43
LH:
1.04
RDNT:
6.00
LH:
0.10
RDNT:
21.78
LH:
0.33
RDNT:
4.82%
LH:
8.05%
RDNT:
43.62%
LH:
21.96%
RDNT:
-92.15%
LH:
-96.05%
RDNT:
-17.50%
LH:
-12.94%
Fundamentals
RDNT:
$5.66B
LH:
$19.21B
RDNT:
-$0.07
LH:
$5.28
RDNT:
2.32
LH:
0.49
RDNT:
$1.77B
LH:
$12.71B
RDNT:
$539.36M
LH:
$3.37B
RDNT:
$610.70M
LH:
$1.41B
Returns By Period
In the year-to-date period, RDNT achieves a 104.95% return, which is significantly higher than LH's 1.17% return. Over the past 10 years, RDNT has outperformed LH with an annualized return of 23.18%, while LH has yielded a comparatively lower 9.85% annualized return.
RDNT
104.95%
-10.76%
24.41%
104.95%
29.75%
23.18%
LH
1.17%
-3.63%
10.12%
4.44%
10.29%
9.85%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
RDNT vs. LH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for RadNet, Inc. (RDNT) and Laboratory Corporation of America Holdings (LH). 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
RDNT vs. LH - Dividend Comparison
RDNT has not paid dividends to shareholders, while LH's dividend yield for the trailing twelve months is around 1.27%.
| TTM | 2023 | 2022 | |
|---|---|---|---|
RDNT RadNet, Inc. | 0.00% | 0.00% | 0.00% |
LH Laboratory Corporation of America Holdings | 1.27% | 1.18% | 0.92% |
Drawdowns
RDNT vs. LH - Drawdown Comparison
The maximum RDNT drawdown since its inception was -92.15%, roughly equal to the maximum LH drawdown of -96.05%. Use the drawdown chart below to compare losses from any high point for RDNT and LH. For additional features, visit the drawdowns tool.
Volatility
RDNT vs. LH - Volatility Comparison
RadNet, Inc. (RDNT) has a higher volatility of 9.01% compared to Laboratory Corporation of America Holdings (LH) at 4.70%. This indicates that RDNT's price experiences larger fluctuations and is considered to be riskier than LH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
RDNT vs. LH - Financials Comparison
This section allows you to compare key financial metrics between RadNet, Inc. and Laboratory Corporation of America Holdings. 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