RNG vs. ZM
Compare and contrast key facts about RingCentral, Inc. (RNG) and Zoom Video Communications, Inc. (ZM).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RNG or ZM.
Correlation
The correlation between RNG and ZM is 0.58, 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. ZM - Performance Comparison
Key characteristics
RNG:
0.31
ZM:
0.69
RNG:
0.76
ZM:
1.23
RNG:
1.09
ZM:
1.15
RNG:
0.15
ZM:
0.24
RNG:
1.02
ZM:
1.61
RNG:
13.37%
ZM:
13.65%
RNG:
44.25%
ZM:
31.94%
RNG:
-94.29%
ZM:
-90.27%
RNG:
-91.55%
ZM:
-85.00%
Fundamentals
RNG:
$3.53B
ZM:
$25.93B
RNG:
-$1.05
ZM:
$3.01
RNG:
0.37
ZM:
3.34
RNG:
$2.36B
ZM:
$4.63B
RNG:
$1.66B
ZM:
$3.45B
RNG:
$128.95M
ZM:
$839.79M
Returns By Period
In the year-to-date period, RNG achieves a 10.31% return, which is significantly lower than ZM's 18.56% return.
RNG
10.31%
6.88%
33.89%
10.11%
-26.08%
10.03%
ZM
18.56%
9.66%
46.22%
22.04%
4.97%
N/A
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Risk-Adjusted Performance
RNG vs. ZM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for RingCentral, Inc. (RNG) and Zoom Video Communications, Inc. (ZM). 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. ZM - Dividend Comparison
Neither RNG nor ZM has paid dividends to shareholders.
Drawdowns
RNG vs. ZM - Drawdown Comparison
The maximum RNG drawdown since its inception was -94.29%, roughly equal to the maximum ZM drawdown of -90.27%. Use the drawdown chart below to compare losses from any high point for RNG and ZM. For additional features, visit the drawdowns tool.
Volatility
RNG vs. ZM - Volatility Comparison
RingCentral, Inc. (RNG) has a higher volatility of 15.81% compared to Zoom Video Communications, Inc. (ZM) at 13.35%. This indicates that RNG's price experiences larger fluctuations and is considered to be riskier than ZM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
RNG vs. ZM - Financials Comparison
This section allows you to compare key financial metrics between RingCentral, Inc. and Zoom Video Communications, 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