RNG vs. ALRM
RNG (RingCentral, Inc.) and ALRM (Alarm.com Holdings, Inc.) are both stocks. Both operate in the Software - Application industry within the Technology sector. Over the past 10 years, RNG returned 6.67%/yr vs 6.44%/yr for ALRM. At a 0.45 correlation, their price movements are largely independent.
Performance
RNG vs. ALRM - Performance Comparison
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Returns By Period
In the year-to-date period, RNG achieves a 46.09% return, which is significantly higher than ALRM's 2.39% return. Both investments have delivered pretty close results over the past 10 years, with RNG having a 6.67% annualized return and ALRM not far behind at 6.44%.
RNG
- 1D
- 0.67%
- 1M
- 8.83%
- 6M
- 42.97%
- YTD
- 46.09%
- 1Y
- 56.66%
- 3Y*
- 3.29%
- 5Y*
- -31.28%
- 10Y*
- 6.67%
ALRM
- 1D
- 1.44%
- 1M
- 11.98%
- 6M
- 0.54%
- YTD
- 2.39%
- 1Y
- -4.62%
- 3Y*
- -1.32%
- 5Y*
- -9.17%
- 10Y*
- 6.44%
RNG vs. ALRM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RNG RingCentral, Inc. | 46.09% | -17.51% | 3.12% | -4.10% | -81.10% | -50.56% | 124.68% | 104.60% | 70.33% | 134.95% |
ALRM Alarm.com Holdings, Inc. | 2.39% | -16.09% | -5.91% | 30.60% | -41.66% | -18.02% | 140.75% | -17.16% | 37.40% | 35.64% |
Correlation
The correlation between RNG and ALRM is 0.50, 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 | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2015 | 0.45 |
The correlation between RNG and ALRM has been stable across timeframes, ranging from 0.45 to 0.53 - a consistent structural relationship.
Fundamentals
RNG:
$3.70B
ALRM:
$2.58B
RNG:
$0.95
ALRM:
$2.24
RNG:
44.42
ALRM:
23.28
RNG:
1.47
ALRM:
2.88
RNG:
$2.55B
ALRM:
$1.04B
RNG:
$1.82B
ALRM:
$729.34M
RNG:
$364.66M
ALRM:
$212.83M
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Return for Risk
RNG vs. ALRM — Risk / Return Rank
RNG
ALRM
RNG vs. ALRM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for RingCentral, Inc. (RNG) and Alarm.com Holdings, Inc. (ALRM). 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.
| RNG | ALRM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.97 | ||
| Sortino ratioReturn per unit of downside risk | +1.80 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.00 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 1.94 | -0.16 | +2.10 |
| Martin ratioReturn relative to average drawdown | 4.59 | -0.27 | +4.86 |
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Drawdowns
RNG vs. ALRM - Drawdown Comparison
The maximum RNG drawdown since its inception was -95.15%, which is greater than ALRM's maximum drawdown of -60.88%. Use the drawdown chart below to compare losses from any high point for RNG and ALRM.
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Drawdown Indicators
| RNG | ALRM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.15% | -60.88% | -34.27% |
Max Drawdown (1Y)Largest decline over 1 year | -29.32% | -28.79% | -0.53% |
Max Drawdown (3Y)Largest decline over 3 years | -49.86% | -44.34% | -5.52% |
Max Drawdown (5Y)Largest decline over 5 years | -92.36% | -53.33% | -39.03% |
Max Drawdown (10Y)Largest decline over 10 years | -95.15% | -60.88% | -34.27% |
Current DrawdownCurrent decline from peak | -90.48% | -51.49% | -38.99% |
Average DrawdownAverage peak-to-trough decline | -42.66% | -28.46% | -14.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.38% | 17.39% | -5.01% |
Volatility
RNG vs. ALRM - Volatility Comparison
RingCentral, Inc. (RNG) has a higher volatility of 15.38% compared to Alarm.com Holdings, Inc. (ALRM) at 8.97%. This indicates that RNG's price experiences larger fluctuations and is considered to be riskier than ALRM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RNG | ALRM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.38% | 8.97% | +6.41% |
Volatility (6M)Calculated over the trailing 6-month period | 54.18% | 24.21% | +29.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.51% | 30.90% | +38.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 63.26% | 34.27% | +28.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.73% | 37.37% | +18.36% |
Dividends
RNG vs. ALRM - Dividend Comparison
RNG's dividend yield for the trailing twelve months is around 0.36%, while ALRM has not paid dividends to shareholders.
| Position | TTM |
|---|---|
ALRM Alarm.com Holdings, Inc. | 0.00% |
RNG RingCentral, Inc. | 0.36% |
Financials
RNG vs. ALRM - Financials Comparison
This section allows you to compare key financial metrics between RingCentral, Inc. and Alarm.com Holdings, 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
RNG vs. ALRM - Profitability Comparison
RNG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, RingCentral, Inc. reported a gross profit of 464.77M and revenue of 644.20M. Therefore, the gross margin over that period was 72.2%.
ALRM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Alarm.com Holdings, Inc. reported a gross profit of 237.30M and revenue of 265.19M. Therefore, the gross margin over that period was 89.5%.
RNG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, RingCentral, Inc. reported an operating income of 50.03M and revenue of 644.20M, resulting in an operating margin of 7.8%.
ALRM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Alarm.com Holdings, Inc. reported an operating income of 31.64M and revenue of 265.19M, resulting in an operating margin of 11.9%.
RNG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, RingCentral, Inc. reported a net income of 30.62M and revenue of 644.20M, resulting in a net margin of 4.8%.
ALRM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Alarm.com Holdings, Inc. reported a net income of 23.58M and revenue of 265.19M, resulting in a net margin of 8.9%.
Frequently Asked Questions
RNG and ALRM have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RNG has higher volatility (15.38%) compared to ALRM (8.97%). In terms of maximum drawdown, RNG dropped -95.15% vs ALRM's -60.88%.
RNG currently has the higher Sharpe Ratio (0.82 vs -0.15), 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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