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 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
WAB vs. CP - Performance Comparison
Key characteristics
WAB:
0.83
CP:
-0.65
WAB:
1.29
CP:
-0.82
WAB:
1.19
CP:
0.91
WAB:
1.04
CP:
-0.65
WAB:
3.24
CP:
-1.63
WAB:
7.56%
CP:
10.28%
WAB:
27.77%
CP:
25.07%
WAB:
-71.84%
CP:
-69.21%
WAB:
-12.19%
CP:
-20.00%
Fundamentals
WAB:
$31.72B
CP:
$68.28B
WAB:
$6.39
CP:
$2.88
WAB:
29.01
CP:
25.37
WAB:
3.92
CP:
2.37
WAB:
3.02
CP:
4.69
WAB:
3.00
CP:
1.97
WAB:
$10.50B
CP:
$11.03B
WAB:
$3.31B
CP:
$5.22B
WAB:
$1.91B
CP:
$5.78B
Returns By Period
In the year-to-date period, WAB achieves a -2.81% return, which is significantly lower than CP's 0.34% return. Both investments have delivered pretty close results over the past 10 years, with WAB having a 7.25% annualized return and CP not far ahead at 7.36%.
WAB
-2.81%
-1.95%
-2.28%
13.32%
28.92%
7.25%
CP
0.34%
-0.91%
-5.66%
-11.08%
10.61%
7.36%
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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 0.46%, less than CP's 0.75% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WAB Westinghouse Air Brake Technologies Corporation | 0.46% | 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 | 0.75% | 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 17.06% compared to Canadian Pacific Railway Limited (CP) at 12.15%. 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