WIRE vs. UNH
Compare and contrast key facts about Encore Wire Corporation (WIRE) and UnitedHealth Group Incorporated (UNH).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WIRE or UNH.
Correlation
The correlation between WIRE and UNH is 0.18, 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. UNH - Performance Comparison
Key characteristics
Fundamentals
WIRE:
$4.58B
UNH:
$429.24B
WIRE:
$19.04
UNH:
$15.53
WIRE:
15.22
UNH:
30.03
WIRE:
2.09
UNH:
1.29
WIRE:
$632.66M
UNH:
$398.27B
WIRE:
$135.99M
UNH:
$87.39B
WIRE:
$83.43M
UNH:
$23.82B
Returns By Period
WIRE
N/A
N/A
N/A
N/A
N/A
N/A
UNH
-7.80%
-10.26%
-19.61%
-10.02%
10.76%
16.79%
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Risk-Adjusted Performance
WIRE vs. UNH — Risk-Adjusted Performance Rank
WIRE
UNH
WIRE vs. UNH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Encore Wire Corporation (WIRE) and UnitedHealth Group Incorporated (UNH). 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. UNH - Dividend Comparison
WIRE has not paid dividends to shareholders, while UNH's dividend yield for the trailing twelve months is around 1.75%.
| 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% |
UNH UnitedHealth Group Incorporated | 1.75% | 1.62% | 1.38% | 1.21% | 1.12% | 1.38% | 1.41% | 1.38% | 1.30% | 1.48% | 1.59% | 1.39% |
Drawdowns
WIRE vs. UNH - Drawdown Comparison
Volatility
WIRE vs. UNH - Volatility Comparison
The current volatility for Encore Wire Corporation (WIRE) is 0.00%, while UnitedHealth Group Incorporated (UNH) has a volatility of 10.21%. This indicates that WIRE experiences smaller price fluctuations and is considered to be less risky than UNH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
WIRE vs. UNH - Financials Comparison
This section allows you to compare key financial metrics between Encore Wire Corporation and UnitedHealth Group Incorporated. 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