WAB vs. CP
Compare and contrast key facts about Westinghouse Air Brake Technologies Corporation (WAB) and Canadian Pacific Railway Limited (CP).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WAB or CP.
Correlation
The correlation between WAB and CP is 0.39, 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
WAB vs. CP - Performance Comparison
Key characteristics
WAB:
0.34
CP:
-0.81
WAB:
0.62
CP:
-1.04
WAB:
1.09
CP:
0.88
WAB:
0.39
CP:
-0.82
WAB:
1.45
CP:
-1.60
WAB:
6.29%
CP:
12.12%
WAB:
26.65%
CP:
23.83%
WAB:
-71.84%
CP:
-69.21%
WAB:
-23.21%
CP:
-22.67%
Fundamentals
WAB:
$27.52B
CP:
$66.20B
WAB:
$6.04
CP:
$2.80
WAB:
26.65
CP:
25.07
WAB:
3.92
CP:
2.37
WAB:
$7.89B
CP:
$11.03B
WAB:
$2.41B
CP:
$5.36B
WAB:
$1.44B
CP:
$5.78B
Returns By Period
In the year-to-date period, WAB achieves a -15.00% return, which is significantly lower than CP's -3.01% return. Over the past 10 years, WAB has underperformed CP with an annualized return of 6.06%, while CP has yielded a comparatively higher 7.65% annualized return.
WAB
-15.00%
-10.53%
-11.99%
9.76%
30.45%
6.06%
CP
-3.01%
-8.63%
-14.68%
-18.85%
11.38%
7.65%
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Risk-Adjusted Performance
WAB vs. CP — Risk-Adjusted Performance Rank
WAB
CP
WAB vs. CP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Westinghouse Air Brake Technologies Corporation (WAB) and Canadian Pacific Railway Limited (CP). 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
WAB vs. CP - Dividend Comparison
WAB's dividend yield for the trailing twelve months is around 0.53%, less than CP's 0.59% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WAB Westinghouse Air Brake Technologies Corporation | 0.53% | 0.42% | 0.54% | 0.60% | 0.52% | 0.66% | 0.62% | 0.68% | 0.54% | 0.43% | 0.39% | 0.23% |
CP Canadian Pacific Railway Limited | 0.59% | 0.76% | 0.72% | 0.77% | 0.84% | 0.76% | 0.93% | 1.07% | 0.93% | 0.98% | 0.85% | 0.65% |
Drawdowns
WAB vs. CP - Drawdown Comparison
The maximum WAB drawdown since its inception was -71.84%, roughly equal to the maximum CP drawdown of -69.21%. Use the drawdown chart below to compare losses from any high point for WAB and CP. For additional features, visit the drawdowns tool.
Volatility
WAB vs. CP - Volatility Comparison
Westinghouse Air Brake Technologies Corporation (WAB) has a higher volatility of 11.76% compared to Canadian Pacific Railway Limited (CP) at 9.03%. This indicates that WAB's price experiences larger fluctuations and is considered to be riskier than CP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
WAB vs. CP - Financials Comparison
This section allows you to compare key financial metrics between Westinghouse Air Brake Technologies Corporation and Canadian Pacific Railway Limited. 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