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SB vs. ASC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between SB and ASC is 0.37, 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.


-0.50.00.51.00.4

Performance

SB vs. ASC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Safe Bulkers, Inc. (SB) and Ardmore Shipping Corporation (ASC). The values are adjusted to include any dividend payments, if applicable.

-20.00%0.00%20.00%40.00%60.00%80.00%100.00%120.00%JulyAugustSeptemberOctoberNovemberDecember
-13.04%
11.68%
SB
ASC

Key characteristics

Sharpe Ratio

SB:

-0.22

ASC:

-0.50

Sortino Ratio

SB:

-0.10

ASC:

-0.55

Omega Ratio

SB:

0.99

ASC:

0.94

Calmar Ratio

SB:

-0.11

ASC:

-0.35

Martin Ratio

SB:

-0.38

ASC:

-0.82

Ulcer Index

SB:

18.57%

ASC:

21.33%

Daily Std Dev

SB:

31.69%

ASC:

35.15%

Max Drawdown

SB:

-97.38%

ASC:

-80.11%

Current Drawdown

SB:

-65.19%

ASC:

-49.16%

Fundamentals

Market Cap

SB:

$381.20M

ASC:

$471.37M

EPS

SB:

$0.90

ASC:

$3.55

PE Ratio

SB:

3.97

ASC:

3.16

PEG Ratio

SB:

-1.07

ASC:

-6.04

Total Revenue (TTM)

SB:

$318.43M

ASC:

$445.07M

Gross Profit (TTM)

SB:

$150.20M

ASC:

$197.12M

EBITDA (TTM)

SB:

$174.64M

ASC:

$199.62M

Returns By Period

In the year-to-date period, SB achieves a -7.94% return, which is significantly higher than ASC's -14.52% return. Over the past 10 years, SB has underperformed ASC with an annualized return of 0.13%, while ASC has yielded a comparatively higher 2.55% annualized return.


SB

YTD

-7.94%

1M

-17.02%

6M

-38.76%

1Y

-8.64%

5Y*

18.90%

10Y*

0.13%

ASC

YTD

-14.52%

1M

-6.73%

6M

-47.63%

1Y

-18.24%

5Y*

8.62%

10Y*

2.55%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

SB vs. ASC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Safe Bulkers, Inc. (SB) and Ardmore Shipping Corporation (ASC). 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.


Sharpe ratio
The chart of Sharpe ratio for SB, currently valued at -0.22, compared to the broader market-4.00-2.000.002.00-0.22-0.50
The chart of Sortino ratio for SB, currently valued at -0.10, compared to the broader market-4.00-2.000.002.004.00-0.10-0.55
The chart of Omega ratio for SB, currently valued at 0.99, compared to the broader market0.501.001.502.000.990.94
The chart of Calmar ratio for SB, currently valued at -0.11, compared to the broader market0.002.004.006.00-0.11-0.35
The chart of Martin ratio for SB, currently valued at -0.38, compared to the broader market-5.000.005.0010.0015.0020.0025.00-0.38-0.82
SB
ASC

The current SB Sharpe Ratio is -0.22, which is higher than the ASC Sharpe Ratio of -0.50. The chart below compares the historical Sharpe Ratios of SB and ASC, 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-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.22
-0.50
SB
ASC

Dividends

SB vs. ASC - Dividend Comparison

SB's dividend yield for the trailing twelve months is around 4.27%, less than ASC's 9.55% yield.


TTM20232022202120202019201820172016201520142013
SB
Safe Bulkers, Inc.
4.27%5.09%6.87%0.00%0.00%0.00%0.00%0.00%0.00%4.94%5.63%2.02%
ASC
Ardmore Shipping Corporation
9.55%8.16%0.00%0.00%1.53%0.00%0.00%0.00%5.41%4.80%3.34%0.42%

Drawdowns

SB vs. ASC - Drawdown Comparison

The maximum SB drawdown since its inception was -97.38%, which is greater than ASC's maximum drawdown of -80.11%. Use the drawdown chart below to compare losses from any high point for SB and ASC. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-63.50%
-49.16%
SB
ASC

Volatility

SB vs. ASC - Volatility Comparison

Safe Bulkers, Inc. (SB) and Ardmore Shipping Corporation (ASC) have volatilities of 8.77% and 9.00%, 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.


7.00%8.00%9.00%10.00%11.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
8.77%
9.00%
SB
ASC

Financials

SB vs. ASC - Financials Comparison

This section allows you to compare key financial metrics between Safe Bulkers, Inc. and Ardmore Shipping 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
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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