WIRE vs. BMY
Compare and contrast key facts about Encore Wire Corporation (WIRE) and Bristol-Myers Squibb Company (BMY).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WIRE or BMY.
Correlation
The correlation between WIRE and BMY is 0.19, 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
WIRE vs. BMY - Performance Comparison
Key characteristics
Fundamentals
WIRE:
$4.58B
BMY:
$113.30B
WIRE:
$19.04
BMY:
-$4.41
WIRE:
2.09
BMY:
1.26
WIRE:
$632.66M
BMY:
$48.30B
WIRE:
$135.99M
BMY:
$32.20B
WIRE:
$83.43M
BMY:
$3.16B
Returns By Period
WIRE
N/A
N/A
N/A
N/A
N/A
N/A
BMY
-0.20%
-2.21%
18.64%
14.20%
0.38%
2.23%
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Risk-Adjusted Performance
WIRE vs. BMY — Risk-Adjusted Performance Rank
WIRE
BMY
WIRE vs. BMY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Encore Wire Corporation (WIRE) and Bristol-Myers Squibb Company (BMY). 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
WIRE vs. BMY - Dividend Comparison
WIRE has not paid dividends to shareholders, while BMY's dividend yield for the trailing twelve months is around 4.33%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WIRE Encore Wire Corporation | 0.01% | 0.02% | 0.04% | 0.06% | 0.04% | 0.17% | 0.14% | 0.16% | 0.16% | 0.18% | 0.16% | 0.21% |
BMY Bristol-Myers Squibb Company | 4.33% | 4.24% | 4.44% | 3.00% | 2.36% | 3.69% | 2.55% | 3.08% | 2.55% | 1.95% | 2.17% | 2.46% |
Drawdowns
WIRE vs. BMY - Drawdown Comparison
Volatility
WIRE vs. BMY - Volatility Comparison
The current volatility for Encore Wire Corporation (WIRE) is 0.00%, while Bristol-Myers Squibb Company (BMY) has a volatility of 8.69%. This indicates that WIRE experiences smaller price fluctuations and is considered to be less risky than BMY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
WIRE vs. BMY - Financials Comparison
This section allows you to compare key financial metrics between Encore Wire Corporation and Bristol-Myers Squibb Company. 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