RMBS vs. ALGM
RMBS (Rambus Inc.) and ALGM (Allegro MicroSystems, Inc.) are both stocks. Both operate in the Semiconductors industry within the Technology sector. Over the past 5 years, RMBS returned 43.48%/yr vs 18.27%/yr for ALGM. A 0.61 correlation means they provide meaningful diversification when combined.
Performance
RMBS vs. ALGM - Performance Comparison
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Returns By Period
In the year-to-date period, RMBS achieves a 52.74% return, which is significantly lower than ALGM's 133.43% return.
RMBS
- 1D
- -0.58%
- 1M
- -1.84%
- YTD
- 52.74%
- 6M
- 47.33%
- 1Y
- 136.36%
- 3Y*
- 33.29%
- 5Y*
- 43.48%
- 10Y*
- 28.13%
ALGM
- 1D
- 4.37%
- 1M
- 34.02%
- YTD
- 133.43%
- 6M
- 130.21%
- 1Y
- 98.90%
- 3Y*
- 14.29%
- 5Y*
- 18.27%
- 10Y*
- —
RMBS vs. ALGM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
RMBS Rambus Inc. | 52.74% | 73.84% | -22.55% | 90.54% | 21.88% | 68.33% | 26.80% |
ALGM Allegro MicroSystems, Inc. | 133.43% | 20.68% | -27.78% | 0.83% | -17.03% | 35.71% | 37.42% |
Correlation
The correlation between RMBS and ALGM is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Oct 29, 2020 | 0.61 |
The correlation between RMBS and ALGM shifts across timeframes, from 0.52 (1 year) to 0.63 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
RMBS:
$15.40B
ALGM:
$11.41B
RMBS:
$2.11
ALGM:
-$0.08
RMBS:
21.26
ALGM:
12.84
RMBS:
11.05
ALGM:
11.93
RMBS:
$721.16M
ALGM:
$890.10M
RMBS:
$555.52M
ALGM:
$411.97M
RMBS:
$298.07M
ALGM:
$60.02M
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Return for Risk
RMBS vs. ALGM — Risk / Return Rank
RMBS
ALGM
RMBS vs. ALGM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rambus Inc. (RMBS) and Allegro MicroSystems, Inc. (ALGM). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| RMBS | ALGM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.03 | ||
| Sortino ratioReturn per unit of downside risk | -0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.29 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.74 | 2.54 | +1.20 |
| Martin ratioReturn relative to average drawdown | 9.20 | 5.31 | +3.90 |
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Drawdowns
RMBS vs. ALGM - Drawdown Comparison
The maximum RMBS drawdown since its inception was -97.16%, which is greater than ALGM's maximum drawdown of -68.65%. Use the drawdown chart below to compare losses from any high point for RMBS and ALGM.
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Drawdown Indicators
| RMBS | ALGM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.16% | -68.65% | -28.51% |
Max Drawdown (1Y)Largest decline over 1 year | -36.69% | -39.22% | +2.53% |
Max Drawdown (3Y)Largest decline over 3 years | -48.83% | -68.65% | +19.82% |
Max Drawdown (5Y)Largest decline over 5 years | -48.83% | -68.65% | +19.82% |
Max Drawdown (10Y)Largest decline over 10 years | -52.95% | — | — |
Current DrawdownCurrent decline from peak | -17.76% | 0.00% | -17.76% |
Average DrawdownAverage peak-to-trough decline | -74.84% | -31.77% | -43.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.87% | 18.71% | -3.84% |
Volatility
RMBS vs. ALGM - Volatility Comparison
Rambus Inc. (RMBS) and Allegro MicroSystems, Inc. (ALGM) have volatilities of 28.67% and 27.59%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RMBS | ALGM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.67% | 27.59% | +1.08% |
Volatility (6M)Calculated over the trailing 6-month period | 61.93% | 47.63% | +14.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 76.80% | 56.58% | +20.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.57% | 50.97% | +4.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.46% | 52.27% | -5.81% |
Dividends
RMBS vs. ALGM - Dividend Comparison
Neither RMBS nor ALGM has paid dividends to shareholders.
Financials
RMBS vs. ALGM - Financials Comparison
This section allows you to compare key financial metrics between Rambus Inc. and Allegro MicroSystems, 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
RMBS vs. ALGM - Profitability Comparison
RMBS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Rambus Inc. reported a gross profit of 143.66M and revenue of 180.19M. Therefore, the gross margin over that period was 79.7%.
ALGM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Allegro MicroSystems, Inc. reported a gross profit of 114.28M and revenue of 243.19M. Therefore, the gross margin over that period was 47.0%.
RMBS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Rambus Inc. reported an operating income of 61.76M and revenue of 180.19M, resulting in an operating margin of 34.3%.
ALGM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Allegro MicroSystems, Inc. reported an operating income of 5.41M and revenue of 243.19M, resulting in an operating margin of 2.2%.
RMBS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Rambus Inc. reported a net income of 59.86M and revenue of 180.19M, resulting in a net margin of 33.2%.
ALGM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Allegro MicroSystems, Inc. reported a net income of -16.49M and revenue of 243.19M, resulting in a net margin of -6.8%.
Frequently Asked Questions
RMBS and ALGM have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RMBS has higher volatility (28.67%) compared to ALGM (27.59%). In terms of maximum drawdown, RMBS dropped -97.16% vs ALGM's -68.65%.
RMBS currently has the higher Sharpe Ratio (1.79 vs 1.76), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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