VRNS vs. LMB
VRNS (Varonis Systems, Inc.) and LMB (Limbach Holdings, Inc.) are both stocks. VRNS operates in Software - Infrastructure (Technology), while LMB operates in Engineering & Construction (Industrials). Over the past 10 years, VRNS returned 16.82%/yr vs 22.83%/yr for LMB. Their 0.17 correlation means their historical movements had little consistent relationship.
Performance
VRNS vs. LMB - Performance Comparison
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Returns By Period
In the year-to-date period, VRNS achieves a 21.80% return, which is significantly higher than LMB's -7.90% return. Over the past 10 years, VRNS has underperformed LMB with an annualized return of 16.82%, while LMB has yielded a comparatively higher 22.83% annualized return.
VRNS
- 1D
- 0.05%
- 1M
- -6.79%
- 6M
- 33.88%
- YTD
- 21.80%
- 1Y
- -27.01%
- 3Y*
- 7.78%
- 5Y*
- -8.18%
- 10Y*
- 16.82%
- ALL TIME*
- 9.46%
LMB
- 1D
- 2.58%
- 1M
- -5.66%
- 6M
- -16.61%
- YTD
- -7.90%
- 1Y
- -46.28%
- 3Y*
- 37.90%
- 5Y*
- 51.72%
- 10Y*
- 22.83%
- ALL TIME*
- 20.76%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $12.69M | $13.00M | $22.33M | |
| $96.28M | $95.19M | $82.67M |
VRNS vs. LMB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VRNS Varonis Systems, Inc. | 21.80% | -26.18% | -1.88% | 89.14% | -50.92% | -10.56% | 110.54% | 46.90% | 8.96% | 81.16% |
LMB Limbach Holdings, Inc. | -7.90% | -8.99% | 88.12% | 336.79% | 15.67% | -27.01% | 226.19% | 2.72% | -73.39% | -1.91% |
Correlation
The correlation between VRNS and LMB is 0.05, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.05 |
Correlation (3Y) Balances recent behavior with more history. | 0.19 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.22 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.17 |
Correlation (All Time) Calculated using the full available price history since Jan 21, 2016 | 0.17 |
The correlation between VRNS and LMB shifts across timeframes, from 0.05 (1 year) to 0.22 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
VRNS:
$4.59B
LMB:
$854.74M
VRNS:
-$1.19
LMB:
$2.75
VRNS:
6.90
LMB:
1.33
VRNS:
10.36
LMB:
4.41
VRNS:
$688.10M
LMB:
$652.56M
VRNS:
$530.31M
LMB:
$163.77M
VRNS:
-$131.50M
LMB:
$58.72M
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Return for Risk
VRNS vs. LMB — Risk / Return Rank
VRNS
LMB
VRNS vs. LMB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Varonis Systems, Inc. (VRNS) and Limbach Holdings, Inc. (LMB). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VRNS | LMB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.32 | ||
| Sortino ratioReturn per unit of downside risk | +0.75 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 0.89 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.42 | -0.94 | +0.52 |
| Martin ratioReturn relative to average drawdown | -0.64 | -1.29 | +0.66 |
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Drawdowns
VRNS vs. LMB - Drawdown Comparison
The maximum VRNS drawdown since its inception was -78.19%, smaller than the maximum LMB drawdown of -84.10%. Use the drawdown chart below to compare losses from any high point for VRNS and LMB.
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Drawdown Indicators
| VRNS | LMB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.19% | -84.10% | +5.91% |
Max Drawdown (1Y)Largest decline over 1 year | -68.11% | -51.11% | -17.00% |
Max Drawdown (3Y)Largest decline over 3 years | -68.11% | -55.92% | -12.19% |
Max Drawdown (5Y)Largest decline over 5 years | -78.19% | -55.92% | -22.27% |
Max Drawdown (10Y)Largest decline over 10 years | -78.19% | -84.10% | +5.91% |
Current DrawdownCurrent decline from peak | -45.58% | -52.05% | +6.47% |
Average DrawdownAverage peak-to-trough decline | -37.40% | -31.84% | -5.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 44.77% | 37.78% | +6.99% |
Volatility
VRNS vs. LMB - Volatility Comparison
Varonis Systems, Inc. (VRNS) has a higher volatility of 15.71% compared to Limbach Holdings, Inc. (LMB) at 13.96%. This indicates that VRNS's price experiences larger fluctuations and is considered to be riskier than LMB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VRNS | LMB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.71% | 13.96% | +1.75% |
Volatility (6M)Calculated over the trailing 6-month period | 42.51% | 56.28% | -13.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.77% | 65.37% | +4.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.17% | 62.93% | -9.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.63% | 62.78% | -15.15% |
Dividends
VRNS vs. LMB - Dividend Comparison
Neither VRNS nor LMB has paid dividends to shareholders.
Financials
VRNS vs. LMB - Financials Comparison
This section allows you to compare key financial metrics between Varonis Systems, Inc. and Limbach Holdings, 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
VRNS vs. LMB - Profitability Comparison
VRNS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Varonis Systems, Inc. reported a gross profit of 135.51M and revenue of 180.02M. Therefore, the gross margin over that period was 75.3%.
LMB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Limbach Holdings, Inc. reported a gross profit of 31.17M and revenue of 138.86M. Therefore, the gross margin over that period was 22.5%.
VRNS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Varonis Systems, Inc. reported an operating income of -40.63M and revenue of 180.02M, resulting in an operating margin of -22.6%.
LMB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Limbach Holdings, Inc. reported an operating income of 1.13M and revenue of 138.86M, resulting in an operating margin of 0.8%.
VRNS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Varonis Systems, Inc. reported a net income of -46.81M and revenue of 180.02M, resulting in a net margin of -26.0%.
LMB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Limbach Holdings, Inc. reported a net income of 4.38M and revenue of 138.86M, resulting in a net margin of 3.2%.
Frequently Asked Questions
VRNS and LMB have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VRNS has higher volatility (15.71%) compared to LMB (13.96%). In terms of maximum drawdown, VRNS dropped -78.19% vs LMB's -84.10%.
VRNS currently has the higher Sharpe Ratio (-0.41 vs -0.73), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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