ZBH vs. VIAV
Compare and contrast key facts about Zimmer Biomet Holdings, Inc. (ZBH) and Viavi Solutions Inc. (VIAV).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ZBH or VIAV.
Key characteristics
| ZBH | VIAV | |
|---|---|---|
| YTD Return | -12.20% | -16.78% |
| 1Y Return | -8.91% | -9.41% |
| 3Y Return (Ann) | -7.70% | -18.37% |
| 5Y Return (Ann) | -4.32% | -10.60% |
| 10Y Return (Ann) | 1.49% | 1.23% |
| Sharpe Ratio | -0.49 | -0.31 |
| Daily Std Dev | 22.12% | 39.10% |
| Max Drawdown | -65.03% | -99.81% |
| Current Drawdown | -37.02% | -98.74% |
Fundamentals
| ZBH | VIAV | |
|---|---|---|
| Market Cap | $21.66B | $1.89B |
| EPS | $4.79 | -$0.12 |
| PEG Ratio | 1.41 | 2.41 |
| Total Revenue (TTM) | $7.52B | $1.00B |
| Gross Profit (TTM) | $4.98B | $573.10M |
| EBITDA (TTM) | $2.36B | $92.50M |
Correlation
The correlation between ZBH and VIAV is 0.31, 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
ZBH vs. VIAV - Performance Comparison
In the year-to-date period, ZBH achieves a -12.20% return, which is significantly higher than VIAV's -16.78% return. Over the past 10 years, ZBH has outperformed VIAV with an annualized return of 1.49%, while VIAV has yielded a comparatively lower 1.23% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ZBH vs. VIAV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Zimmer Biomet Holdings, Inc. (ZBH) and Viavi Solutions Inc. (VIAV). 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
ZBH vs. VIAV - Dividend Comparison
ZBH's dividend yield for the trailing twelve months is around 0.90%, while VIAV has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ZBH Zimmer Biomet Holdings, Inc. | 0.90% | 0.79% | 0.75% | 0.76% | 0.62% | 0.64% | 0.93% | 0.80% | 0.93% | 0.86% | 0.78% | 0.86% |
VIAV Viavi Solutions Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 77.01% | 0.00% | 0.00% |
Drawdowns
ZBH vs. VIAV - Drawdown Comparison
The maximum ZBH drawdown since its inception was -65.03%, smaller than the maximum VIAV drawdown of -99.81%. Use the drawdown chart below to compare losses from any high point for ZBH and VIAV. For additional features, visit the drawdowns tool.
Volatility
ZBH vs. VIAV - Volatility Comparison
Zimmer Biomet Holdings, Inc. (ZBH) and Viavi Solutions Inc. (VIAV) have volatilities of 9.88% and 9.76%, 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
ZBH vs. VIAV - Financials Comparison
This section allows you to compare key financial metrics between Zimmer Biomet Holdings, Inc. and Viavi Solutions Inc.. 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