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ZM vs. RNG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Key characteristics


ZMRNG
YTD Return14.91%8.22%
1Y Return29.64%20.82%
3Y Return (Ann)-32.15%-48.34%
5Y Return (Ann)3.38%-26.46%
Sharpe Ratio1.040.70
Sortino Ratio1.701.25
Omega Ratio1.211.16
Calmar Ratio0.350.34
Martin Ratio2.342.41
Ulcer Index13.54%13.29%
Daily Std Dev30.42%45.99%
Max Drawdown-90.27%-94.29%
Current Drawdown-85.46%-91.71%

Fundamentals


ZMRNG
Market Cap$26.34B$3.28B
EPS$2.80-$1.05
PEG Ratio3.490.36
Total Revenue (TTM)$3.45B$2.36B
Gross Profit (TTM)$2.55B$1.66B
EBITDA (TTM)$696.95M-$148.49M

Correlation

-0.50.00.51.00.6

The correlation between ZM and RNG is 0.58, 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

ZM vs. RNG - Performance Comparison

In the year-to-date period, ZM achieves a 14.91% return, which is significantly higher than RNG's 8.22% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-30.00%-20.00%-10.00%0.00%10.00%20.00%30.00%JuneJulyAugustSeptemberOctoberNovember
29.19%
0.43%
ZM
RNG

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Risk-Adjusted Performance

ZM vs. RNG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Zoom Video Communications, Inc. (ZM) and RingCentral, Inc. (RNG). 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.


ZM
Sharpe ratio
The chart of Sharpe ratio for ZM, currently valued at 1.04, compared to the broader market-4.00-2.000.002.004.001.04
Sortino ratio
The chart of Sortino ratio for ZM, currently valued at 1.70, compared to the broader market-4.00-2.000.002.004.006.001.70
Omega ratio
The chart of Omega ratio for ZM, currently valued at 1.21, compared to the broader market0.501.001.502.001.21
Calmar ratio
The chart of Calmar ratio for ZM, currently valued at 0.35, compared to the broader market0.002.004.006.000.35
Martin ratio
The chart of Martin ratio for ZM, currently valued at 2.34, compared to the broader market0.0010.0020.0030.002.34
RNG
Sharpe ratio
The chart of Sharpe ratio for RNG, currently valued at 0.70, compared to the broader market-4.00-2.000.002.004.000.70
Sortino ratio
The chart of Sortino ratio for RNG, currently valued at 1.25, compared to the broader market-4.00-2.000.002.004.006.001.25
Omega ratio
The chart of Omega ratio for RNG, currently valued at 1.16, compared to the broader market0.501.001.502.001.16
Calmar ratio
The chart of Calmar ratio for RNG, currently valued at 0.34, compared to the broader market0.002.004.006.000.34
Martin ratio
The chart of Martin ratio for RNG, currently valued at 2.41, compared to the broader market0.0010.0020.0030.002.41

ZM vs. RNG - Sharpe Ratio Comparison

The current ZM Sharpe Ratio is 1.04, which is higher than the RNG Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of ZM and RNG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.00JuneJulyAugustSeptemberOctoberNovember
1.04
0.70
ZM
RNG

Dividends

ZM vs. RNG - Dividend Comparison

Neither ZM nor RNG has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

ZM vs. RNG - Drawdown Comparison

The maximum ZM drawdown since its inception was -90.27%, roughly equal to the maximum RNG drawdown of -94.29%. Use the drawdown chart below to compare losses from any high point for ZM and RNG. For additional features, visit the drawdowns tool.


-94.00%-92.00%-90.00%-88.00%-86.00%-84.00%JuneJulyAugustSeptemberOctoberNovember
-85.46%
-91.71%
ZM
RNG

Volatility

ZM vs. RNG - Volatility Comparison

The current volatility for Zoom Video Communications, Inc. (ZM) is 7.68%, while RingCentral, Inc. (RNG) has a volatility of 10.63%. This indicates that ZM experiences smaller price fluctuations and is considered to be less risky than RNG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


6.00%8.00%10.00%12.00%14.00%16.00%18.00%JuneJulyAugustSeptemberOctoberNovember
7.68%
10.63%
ZM
RNG

Financials

ZM vs. RNG - Financials Comparison

This section allows you to compare key financial metrics between Zoom Video Communications, Inc. and RingCentral, 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities



Values in USD except per share items