WMS vs. WAT
Compare and contrast key facts about Advanced Drainage Systems, Inc. (WMS) and Waters Corporation (WAT).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WMS or WAT.
Correlation
The correlation between WMS and WAT is 0.59, 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
WMS vs. WAT - Performance Comparison
Key characteristics
WMS:
-0.79
WAT:
0.21
WMS:
-1.01
WAT:
0.64
WMS:
0.88
WAT:
1.08
WMS:
-0.66
WAT:
0.23
WMS:
-1.22
WAT:
0.74
WMS:
24.68%
WAT:
10.60%
WMS:
38.23%
WAT:
37.52%
WMS:
-53.58%
WAT:
-80.12%
WMS:
-37.55%
WAT:
-20.44%
Fundamentals
WMS:
$8.62B
WAT:
$20.10B
WMS:
$5.98
WAT:
$10.70
WMS:
18.58
WAT:
31.58
WMS:
0.99
WAT:
2.25
WMS:
2.93
WAT:
6.80
WMS:
5.58
WAT:
11.09
WMS:
$2.29B
WAT:
$2.32B
WMS:
$856.09M
WAT:
$1.36B
WMS:
$686.17M
WAT:
$843.51M
Returns By Period
In the year-to-date period, WMS achieves a -3.47% return, which is significantly higher than WAT's -8.92% return. Over the past 10 years, WMS has outperformed WAT with an annualized return of 15.74%, while WAT has yielded a comparatively lower 10.43% annualized return.
WMS
-3.47%
-0.67%
-25.55%
-30.62%
25.94%
15.74%
WAT
-8.92%
-8.13%
4.11%
9.58%
12.08%
10.43%
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Risk-Adjusted Performance
WMS vs. WAT — Risk-Adjusted Performance Rank
WMS
WAT
WMS vs. WAT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Advanced Drainage Systems, Inc. (WMS) and Waters Corporation (WAT). 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
WMS vs. WAT - Dividend Comparison
WMS's dividend yield for the trailing twelve months is around 0.57%, while WAT has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WMS Advanced Drainage Systems, Inc. | 0.57% | 0.54% | 0.38% | 0.57% | 0.31% | 0.43% | 3.48% | 1.28% | 1.13% | 1.12% | 0.79% | 0.17% |
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% |
Drawdowns
WMS vs. WAT - Drawdown Comparison
The maximum WMS drawdown since its inception was -53.58%, smaller than the maximum WAT drawdown of -80.12%. Use the drawdown chart below to compare losses from any high point for WMS and WAT. For additional features, visit the drawdowns tool.
Volatility
WMS vs. WAT - Volatility Comparison
Advanced Drainage Systems, Inc. (WMS) and Waters Corporation (WAT) have volatilities of 17.02% and 17.61%, 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
WMS vs. WAT - Financials Comparison
This section allows you to compare key financial metrics between Advanced Drainage Systems, Inc. and Waters 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