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RNG vs. RDFN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Key characteristics


RNGRDFN
YTD Return6.66%-4.55%
1Y Return31.43%84.80%
3Y Return (Ann)-49.38%-41.34%
5Y Return (Ann)-26.50%-13.32%
Sharpe Ratio0.771.03
Sortino Ratio1.342.01
Omega Ratio1.171.22
Calmar Ratio0.380.92
Martin Ratio2.692.89
Ulcer Index13.28%30.07%
Daily Std Dev46.32%84.92%
Max Drawdown-94.29%-96.61%
Current Drawdown-91.83%-89.80%

Fundamentals


RNGRDFN
Market Cap$3.32B$1.22B
EPS-$1.05-$1.27
PEG Ratio0.360.00
Total Revenue (TTM)$2.36B$1.02B
Gross Profit (TTM)$1.66B$341.01M
EBITDA (TTM)-$148.49M-$124.78M

Correlation

-0.50.00.51.00.4

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

In the year-to-date period, RNG achieves a 6.66% return, which is significantly higher than RDFN's -4.55% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-20.00%0.00%20.00%40.00%60.00%80.00%JuneJulyAugustSeptemberOctoberNovember
-1.14%
23.11%
RNG
RDFN

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Risk-Adjusted Performance

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.


RNG
Sharpe ratio
The chart of Sharpe ratio for RNG, currently valued at 0.77, compared to the broader market-4.00-2.000.002.004.000.77
Sortino ratio
The chart of Sortino ratio for RNG, currently valued at 1.34, compared to the broader market-4.00-2.000.002.004.006.001.34
Omega ratio
The chart of Omega ratio for RNG, currently valued at 1.17, compared to the broader market0.501.001.502.001.17
Calmar ratio
The chart of Calmar ratio for RNG, currently valued at 0.38, compared to the broader market0.002.004.006.000.38
Martin ratio
The chart of Martin ratio for RNG, currently valued at 2.69, compared to the broader market0.0010.0020.0030.002.69
RDFN
Sharpe ratio
The chart of Sharpe ratio for RDFN, currently valued at 1.03, compared to the broader market-4.00-2.000.002.004.001.03
Sortino ratio
The chart of Sortino ratio for RDFN, currently valued at 2.01, compared to the broader market-4.00-2.000.002.004.006.002.01
Omega ratio
The chart of Omega ratio for RDFN, currently valued at 1.22, compared to the broader market0.501.001.502.001.22
Calmar ratio
The chart of Calmar ratio for RDFN, currently valued at 0.92, compared to the broader market0.002.004.006.000.92
Martin ratio
The chart of Martin ratio for RDFN, currently valued at 2.89, compared to the broader market0.0010.0020.0030.002.89

RNG vs. RDFN - Sharpe Ratio Comparison

The current RNG Sharpe Ratio is 0.77, which is comparable to the RDFN Sharpe Ratio of 1.03. The chart below compares the historical Sharpe Ratios of RNG and RDFN, 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-0.500.000.501.001.50JuneJulyAugustSeptemberOctoberNovember
0.77
1.03
RNG
RDFN

Dividends

RNG vs. RDFN - Dividend Comparison

Neither RNG nor RDFN has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

RNG vs. RDFN - Drawdown Comparison

The maximum RNG drawdown since its inception was -94.29%, 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.


-94.00%-92.00%-90.00%-88.00%-86.00%JuneJulyAugustSeptemberOctoberNovember
-91.83%
-89.80%
RNG
RDFN

Volatility

RNG vs. RDFN - Volatility Comparison

The current volatility for RingCentral, Inc. (RNG) is 9.06%, while Redfin Corporation (RDFN) has a volatility of 25.05%. This indicates that RNG experiences smaller price fluctuations and is considered to be less risky than RDFN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%30.00%35.00%40.00%JuneJulyAugustSeptemberOctoberNovember
9.06%
25.05%
RNG
RDFN

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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities



Values in USD except per share items