RNG vs. RDFN
Compare and contrast key facts about RingCentral, Inc. (RNG) and Redfin Corporation (RDFN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RNG or RDFN.
Correlation
The correlation between RNG and RDFN 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
RNG vs. RDFN - Performance Comparison
Key characteristics
RNG:
-0.58
RDFN:
0.47
RNG:
-0.64
RDFN:
1.73
RNG:
0.92
RDFN:
1.20
RNG:
-0.28
RDFN:
0.52
RNG:
-1.31
RDFN:
1.67
RNG:
20.23%
RDFN:
29.54%
RNG:
46.19%
RDFN:
104.56%
RNG:
-95.15%
RDFN:
-96.61%
RNG:
-94.91%
RDFN:
-91.12%
Fundamentals
RNG:
$2.05B
RDFN:
$1.08B
RNG:
-$0.63
RDFN:
-$1.36
RNG:
0.21
RDFN:
0.00
RNG:
0.85
RDFN:
1.04
RNG:
102.83
RDFN:
269.90
RNG:
$1.82B
RDFN:
$817.50M
RNG:
$1.28B
RDFN:
$293.39M
RNG:
$141.93M
RDFN:
-$53.47M
Returns By Period
In the year-to-date period, RNG achieves a -35.59% return, which is significantly lower than RDFN's 8.96% return.
RNG
-35.59%
-16.48%
-31.44%
-25.77%
-37.60%
3.11%
RDFN
8.96%
-24.71%
-23.23%
51.77%
-14.17%
N/A
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Risk-Adjusted Performance
RNG vs. RDFN — Risk-Adjusted Performance Rank
RNG
RDFN
RNG vs. RDFN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for RingCentral, Inc. (RNG) and Redfin Corporation (RDFN). 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
RNG vs. RDFN - Dividend Comparison
Neither RNG nor RDFN has paid dividends to shareholders.
Drawdowns
RNG vs. RDFN - Drawdown Comparison
The maximum RNG drawdown since its inception was -95.15%, roughly equal to the maximum RDFN drawdown of -96.61%. Use the drawdown chart below to compare losses from any high point for RNG and RDFN. For additional features, visit the drawdowns tool.
Volatility
RNG vs. RDFN - Volatility Comparison
RingCentral, Inc. (RNG) and Redfin Corporation (RDFN) have volatilities of 19.43% and 20.30%, 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.
Financials
RNG vs. RDFN - Financials Comparison
This section allows you to compare key financial metrics between RingCentral, Inc. and Redfin 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.
Total Revenue: Total amount of money received from sales and other business activities