WAT vs. WAB
Compare and contrast key facts about Waters Corporation (WAT) and Westinghouse Air Brake Technologies Corporation (WAB).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WAT or WAB.
Correlation
The correlation between WAT and WAB is 0.32, 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
WAT vs. WAB - Performance Comparison
Key characteristics
WAT:
-0.13
WAB:
0.34
WAT:
0.06
WAB:
0.62
WAT:
1.01
WAB:
1.09
WAT:
-0.14
WAB:
0.39
WAT:
-0.49
WAB:
1.45
WAT:
9.64%
WAB:
6.29%
WAT:
35.61%
WAB:
26.65%
WAT:
-80.12%
WAB:
-71.84%
WAT:
-23.49%
WAB:
-23.21%
Fundamentals
WAT:
$19.30B
WAB:
$27.52B
WAT:
$10.70
WAB:
$6.04
WAT:
30.37
WAB:
26.65
WAT:
2.28
WAB:
3.92
WAT:
$2.32B
WAB:
$7.89B
WAT:
$1.36B
WAB:
$2.41B
WAT:
$843.51M
WAB:
$1.44B
Returns By Period
In the year-to-date period, WAT achieves a -12.42% return, which is significantly higher than WAB's -15.00% return. Over the past 10 years, WAT has outperformed WAB with an annualized return of 10.05%, while WAB has yielded a comparatively lower 6.06% annualized return.
WAT
-12.42%
-14.24%
-7.83%
-2.79%
12.58%
10.05%
WAB
-15.00%
-10.53%
-11.99%
9.76%
30.45%
6.06%
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Risk-Adjusted Performance
WAT vs. WAB — Risk-Adjusted Performance Rank
WAT
WAB
WAT vs. WAB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Waters Corporation (WAT) and Westinghouse Air Brake Technologies Corporation (WAB). 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
WAT vs. WAB - Dividend Comparison
WAT has not paid dividends to shareholders, while WAB's dividend yield for the trailing twelve months is around 0.53%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WAT Waters Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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% |
Drawdowns
WAT vs. WAB - Drawdown Comparison
The maximum WAT drawdown since its inception was -80.12%, which is greater than WAB's maximum drawdown of -71.84%. Use the drawdown chart below to compare losses from any high point for WAT and WAB. For additional features, visit the drawdowns tool.
Volatility
WAT vs. WAB - Volatility Comparison
Waters Corporation (WAT) and Westinghouse Air Brake Technologies Corporation (WAB) have volatilities of 11.39% and 11.76%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
WAT vs. WAB - Financials Comparison
This section allows you to compare key financial metrics between Waters Corporation and Westinghouse Air Brake Technologies 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.
Total Revenue: Total amount of money received from sales and other business activities