UNTY vs. NECB
Compare and contrast key facts about Unity Bancorp, Inc. (UNTY) and Northeast Community Bancorp, Inc. (NECB).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UNTY or NECB.
Key characteristics
| UNTY | NECB | |
|---|---|---|
| YTD Return | 56.42% | 68.36% |
| 1Y Return | 74.24% | 76.94% |
| 3Y Return (Ann) | 21.18% | 41.38% |
| 5Y Return (Ann) | 17.65% | 32.41% |
| 10Y Return (Ann) | 20.76% | 25.33% |
| Sharpe Ratio | 1.96 | 2.57 |
| Sortino Ratio | 2.84 | 3.34 |
| Omega Ratio | 1.35 | 1.45 |
| Calmar Ratio | 4.76 | 4.43 |
| Martin Ratio | 8.64 | 9.76 |
| Ulcer Index | 8.42% | 7.43% |
| Daily Std Dev | 37.11% | 28.24% |
| Max Drawdown | -88.07% | -62.32% |
| Current Drawdown | -3.18% | -6.62% |
Fundamentals
| UNTY | NECB | |
|---|---|---|
| Market Cap | $462.67M | $395.37M |
| EPS | $3.90 | $3.69 |
| PE Ratio | 11.89 | 8.43 |
| PEG Ratio | 0.00 | 0.00 |
| Total Revenue (TTM) | $117.90M | $159.69M |
| Gross Profit (TTM) | $117.90M | $159.69M |
| EBITDA (TTM) | $27.63M | $17.83M |
Correlation
The correlation between UNTY and NECB is 0.11, 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
UNTY vs. NECB - Performance Comparison
In the year-to-date period, UNTY achieves a 56.42% return, which is significantly lower than NECB's 68.36% return. Over the past 10 years, UNTY has underperformed NECB with an annualized return of 20.76%, while NECB has yielded a comparatively higher 25.33% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
UNTY vs. NECB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Unity Bancorp, Inc. (UNTY) and Northeast Community Bancorp, Inc. (NECB). 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
UNTY vs. NECB - Dividend Comparison
UNTY's dividend yield for the trailing twelve months is around 1.12%, less than NECB's 1.93% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UNTY Unity Bancorp, Inc. | 1.12% | 1.62% | 1.57% | 1.37% | 1.82% | 1.37% | 1.30% | 1.16% | 1.07% | 1.12% | 1.06% | 0.39% |
NECB Northeast Community Bancorp, Inc. | 1.93% | 1.01% | 2.82% | 1.82% | 1.09% | 1.00% | 1.08% | 1.19% | 1.65% | 1.69% | 1.66% | 1.25% |
Drawdowns
UNTY vs. NECB - Drawdown Comparison
The maximum UNTY drawdown since its inception was -88.07%, which is greater than NECB's maximum drawdown of -62.32%. Use the drawdown chart below to compare losses from any high point for UNTY and NECB. For additional features, visit the drawdowns tool.
Volatility
UNTY vs. NECB - Volatility Comparison
Unity Bancorp, Inc. (UNTY) has a higher volatility of 16.43% compared to Northeast Community Bancorp, Inc. (NECB) at 13.25%. This indicates that UNTY's price experiences larger fluctuations and is considered to be riskier than NECB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
UNTY vs. NECB - Financials Comparison
This section allows you to compare key financial metrics between Unity Bancorp, Inc. and Northeast Community Bancorp, 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