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TME vs. ALAR
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between TME and ALAR is 0.12, 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.


-0.50.00.51.00.1

Performance

TME vs. ALAR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tencent Music Entertainment Group (TME) and Alarum Technologies Ltd. (ALAR). The values are adjusted to include any dividend payments, if applicable.

-100.00%-80.00%-60.00%-40.00%-20.00%0.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
-13.87%
-98.71%
TME
ALAR

Key characteristics

Sharpe Ratio

TME:

0.82

ALAR:

1.16

Sortino Ratio

TME:

1.46

ALAR:

2.22

Omega Ratio

TME:

1.18

ALAR:

1.25

Calmar Ratio

TME:

0.55

ALAR:

1.46

Martin Ratio

TME:

2.44

ALAR:

3.22

Ulcer Index

TME:

16.72%

ALAR:

45.38%

Daily Std Dev

TME:

49.91%

ALAR:

125.94%

Max Drawdown

TME:

-90.19%

ALAR:

-99.94%

Current Drawdown

TME:

-62.07%

ALAR:

-99.56%

Fundamentals

Market Cap

TME:

$20.77B

ALAR:

$83.86M

EPS

TME:

$0.49

ALAR:

$1.30

PE Ratio

TME:

24.04

ALAR:

9.35

Total Revenue (TTM)

TME:

$27.84B

ALAR:

$31.56M

Gross Profit (TTM)

TME:

$11.41B

ALAR:

$23.90M

EBITDA (TTM)

TME:

$7.94B

ALAR:

$8.09M

Returns By Period

In the year-to-date period, TME achieves a 33.84% return, which is significantly lower than ALAR's 43.94% return.


TME

YTD

33.84%

1M

3.73%

6M

-14.70%

1Y

41.70%

5Y*

0.69%

10Y*

N/A

ALAR

YTD

43.94%

1M

-10.78%

6M

-62.90%

1Y

126.57%

5Y*

-22.93%

10Y*

N/A

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Risk-Adjusted Performance

TME vs. ALAR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Tencent Music Entertainment Group (TME) and Alarum Technologies Ltd. (ALAR). 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 TME, currently valued at 0.82, compared to the broader market-4.00-2.000.002.000.821.16
The chart of Sortino ratio for TME, currently valued at 1.46, compared to the broader market-4.00-2.000.002.004.001.462.22
The chart of Omega ratio for TME, currently valued at 1.18, compared to the broader market0.501.001.502.001.181.25
The chart of Calmar ratio for TME, currently valued at 0.55, compared to the broader market0.002.004.006.000.551.47
The chart of Martin ratio for TME, currently valued at 2.44, compared to the broader market-5.000.005.0010.0015.0020.0025.002.443.22
TME
ALAR

The current TME Sharpe Ratio is 0.82, which is comparable to the ALAR Sharpe Ratio of 1.16. The chart below compares the historical Sharpe Ratios of TME and ALAR, 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 Ratio0.005.0010.0015.00JulyAugustSeptemberOctoberNovemberDecember
0.82
1.16
TME
ALAR

Dividends

TME vs. ALAR - Dividend Comparison

TME's dividend yield for the trailing twelve months is around 1.15%, while ALAR has not paid dividends to shareholders.


TTM
TME
Tencent Music Entertainment Group
1.15%
ALAR
Alarum Technologies Ltd.
0.00%

Drawdowns

TME vs. ALAR - Drawdown Comparison

The maximum TME drawdown since its inception was -90.19%, smaller than the maximum ALAR drawdown of -99.94%. Use the drawdown chart below to compare losses from any high point for TME and ALAR. For additional features, visit the drawdowns tool.


-100.00%-90.00%-80.00%-70.00%-60.00%-50.00%JulyAugustSeptemberOctoberNovemberDecember
-62.07%
-98.71%
TME
ALAR

Volatility

TME vs. ALAR - Volatility Comparison

The current volatility for Tencent Music Entertainment Group (TME) is 15.26%, while Alarum Technologies Ltd. (ALAR) has a volatility of 24.84%. This indicates that TME experiences smaller price fluctuations and is considered to be less risky than ALAR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
15.26%
24.84%
TME
ALAR

Financials

TME vs. ALAR - Financials Comparison

This section allows you to compare key financial metrics between Tencent Music Entertainment Group and Alarum Technologies Ltd.. 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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