PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
TT vs. CARR
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between TT and CARR is 0.70, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.7

Performance

TT vs. CARR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Trane Technologies plc (TT) and Carrier Global Corporation (CARR). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
12.99%
6.34%
TT
CARR

Key characteristics

Sharpe Ratio

TT:

2.54

CARR:

0.64

Sortino Ratio

TT:

3.31

CARR:

1.08

Omega Ratio

TT:

1.42

CARR:

1.13

Calmar Ratio

TT:

5.83

CARR:

0.96

Martin Ratio

TT:

20.24

CARR:

3.31

Ulcer Index

TT:

2.92%

CARR:

5.57%

Daily Std Dev

TT:

23.30%

CARR:

28.62%

Max Drawdown

TT:

-77.92%

CARR:

-40.82%

Current Drawdown

TT:

-10.15%

CARR:

-19.12%

Fundamentals

Market Cap

TT:

$88.16B

CARR:

$64.23B

EPS

TT:

$10.92

CARR:

$1.67

PE Ratio

TT:

35.88

CARR:

42.08

PEG Ratio

TT:

2.81

CARR:

1.71

Total Revenue (TTM)

TT:

$19.39B

CARR:

$23.96B

Gross Profit (TTM)

TT:

$6.84B

CARR:

$6.71B

EBITDA (TTM)

TT:

$3.73B

CARR:

$3.83B

Returns By Period

In the year-to-date period, TT achieves a 55.66% return, which is significantly higher than CARR's 17.10% return.


TT

YTD

55.66%

1M

-8.82%

6M

12.38%

1Y

59.15%

5Y*

31.12%

10Y*

24.58%

CARR

YTD

17.10%

1M

-10.28%

6M

4.43%

1Y

20.13%

5Y*

N/A

10Y*

N/A

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

TT vs. CARR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Trane Technologies plc (TT) and Carrier Global Corporation (CARR). 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 TT, currently valued at 2.54, compared to the broader market-4.00-2.000.002.002.540.70
The chart of Sortino ratio for TT, currently valued at 3.31, compared to the broader market-4.00-2.000.002.004.003.311.16
The chart of Omega ratio for TT, currently valued at 1.42, compared to the broader market0.501.001.502.001.421.14
The chart of Calmar ratio for TT, currently valued at 5.83, compared to the broader market0.002.004.006.005.831.05
The chart of Martin ratio for TT, currently valued at 20.24, compared to the broader market0.0010.0020.0020.243.53
TT
CARR

The current TT Sharpe Ratio is 2.54, which is higher than the CARR Sharpe Ratio of 0.64. The chart below compares the historical Sharpe Ratios of TT and CARR, 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 Ratio0.001.002.003.004.005.00JulyAugustSeptemberOctoberNovemberDecember
2.54
0.70
TT
CARR

Dividends

TT vs. CARR - Dividend Comparison

TT's dividend yield for the trailing twelve months is around 0.89%, more than CARR's 0.85% yield.


TTM20232022202120202019201820172016201520142013
TT
Trane Technologies plc
0.89%1.23%1.59%1.17%1.46%1.59%2.15%1.91%1.81%2.10%1.58%1.09%
CARR
Carrier Global Corporation
0.85%1.30%1.54%0.94%0.74%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

TT vs. CARR - Drawdown Comparison

The maximum TT drawdown since its inception was -77.92%, which is greater than CARR's maximum drawdown of -40.82%. Use the drawdown chart below to compare losses from any high point for TT and CARR. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-10.15%
-19.12%
TT
CARR

Volatility

TT vs. CARR - Volatility Comparison

The current volatility for Trane Technologies plc (TT) is 5.32%, while Carrier Global Corporation (CARR) has a volatility of 7.35%. This indicates that TT experiences smaller price fluctuations and is considered to be less risky than CARR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
5.32%
7.35%
TT
CARR

Financials

TT vs. CARR - Financials Comparison

This section allows you to compare key financial metrics between Trane Technologies plc and Carrier Global 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
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


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.

Copyright © 2024 PortfoliosLab