SAFE vs. RNG
Compare and contrast key facts about Safehold Inc. (SAFE) and RingCentral, Inc. (RNG).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SAFE or RNG.
Correlation
The correlation between SAFE and RNG is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SAFE vs. RNG - Performance Comparison
Key characteristics
SAFE:
-0.25
RNG:
0.31
SAFE:
-0.13
RNG:
0.76
SAFE:
0.99
RNG:
1.09
SAFE:
-0.12
RNG:
0.15
SAFE:
-0.57
RNG:
1.02
SAFE:
15.66%
RNG:
13.37%
SAFE:
35.45%
RNG:
44.25%
SAFE:
-78.40%
RNG:
-94.29%
SAFE:
-71.10%
RNG:
-91.55%
Fundamentals
SAFE:
$1.50B
RNG:
$3.53B
SAFE:
$1.77
RNG:
-$1.05
SAFE:
0.65
RNG:
0.37
SAFE:
$377.94M
RNG:
$2.36B
SAFE:
$368.57M
RNG:
$1.66B
SAFE:
$313.04M
RNG:
$128.95M
Returns By Period
In the year-to-date period, SAFE achieves a -14.51% return, which is significantly lower than RNG's 10.31% return.
SAFE
-14.51%
-4.50%
4.62%
-10.61%
-7.66%
N/A
RNG
10.31%
6.88%
33.89%
10.11%
-26.08%
10.03%
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Risk-Adjusted Performance
SAFE vs. RNG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Safehold Inc. (SAFE) and RingCentral, Inc. (RNG). 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
SAFE vs. RNG - Dividend Comparison
SAFE's dividend yield for the trailing twelve months is around 3.63%, while RNG has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
SAFE Safehold Inc. | 3.63% | 5.03% | 8.43% | 5.05% | 8.27% | 7.04% | 6.63% | 0.96% |
RNG RingCentral, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SAFE vs. RNG - Drawdown Comparison
The maximum SAFE drawdown since its inception was -78.40%, smaller than the maximum RNG drawdown of -94.29%. Use the drawdown chart below to compare losses from any high point for SAFE and RNG. For additional features, visit the drawdowns tool.
Volatility
SAFE vs. RNG - Volatility Comparison
The current volatility for Safehold Inc. (SAFE) is 8.70%, while RingCentral, Inc. (RNG) has a volatility of 15.81%. This indicates that SAFE experiences smaller price fluctuations and is considered to be less risky than RNG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
SAFE vs. RNG - Financials Comparison
This section allows you to compare key financial metrics between Safehold Inc. and RingCentral, 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