TME vs. HWM
Compare and contrast key facts about Tencent Music Entertainment Group (TME) and Howmet Aerospace Inc. (HWM).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TME or HWM.
Correlation
The correlation between TME and HWM is 0.21, 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
TME vs. HWM - Performance Comparison
Key characteristics
TME:
0.82
HWM:
3.04
TME:
1.46
HWM:
4.37
TME:
1.18
HWM:
1.60
TME:
0.56
HWM:
10.12
TME:
2.45
HWM:
27.08
TME:
16.72%
HWM:
3.86%
TME:
49.91%
HWM:
34.37%
TME:
-90.19%
HWM:
-64.81%
TME:
-62.02%
HWM:
-8.94%
Fundamentals
TME:
$20.77B
HWM:
$45.47B
TME:
$0.49
HWM:
$2.60
TME:
24.04
HWM:
43.05
TME:
0.79
HWM:
0.80
TME:
$27.84B
HWM:
$7.27B
TME:
$11.41B
HWM:
$2.07B
TME:
$7.94B
HWM:
$1.73B
Returns By Period
In the year-to-date period, TME achieves a 34.01% return, which is significantly lower than HWM's 102.67% return.
TME
34.01%
7.31%
-14.90%
40.89%
0.68%
N/A
HWM
102.67%
-5.73%
37.75%
108.05%
35.78%
N/A
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Risk-Adjusted Performance
TME vs. HWM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tencent Music Entertainment Group (TME) and Howmet Aerospace Inc. (HWM). 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
TME vs. HWM - Dividend Comparison
TME's dividend yield for the trailing twelve months is around 1.15%, more than HWM's 0.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
TME Tencent Music Entertainment Group | 1.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HWM Howmet Aerospace Inc. | 0.24% | 0.31% | 0.25% | 0.13% | 0.05% | 0.39% | 1.42% | 0.88% | 0.49% |
Drawdowns
TME vs. HWM - Drawdown Comparison
The maximum TME drawdown since its inception was -90.19%, which is greater than HWM's maximum drawdown of -64.81%. Use the drawdown chart below to compare losses from any high point for TME and HWM. For additional features, visit the drawdowns tool.
Volatility
TME vs. HWM - Volatility Comparison
Tencent Music Entertainment Group (TME) has a higher volatility of 15.27% compared to Howmet Aerospace Inc. (HWM) at 7.55%. This indicates that TME's price experiences larger fluctuations and is considered to be riskier than HWM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
TME vs. HWM - Financials Comparison
This section allows you to compare key financial metrics between Tencent Music Entertainment Group and Howmet Aerospace 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