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ABSI vs ARLO

Comparison between Absci Corp (ABSI, Company) and Arlo Technologies Inc (ARLO, Company).

ABSI is from the Healthcare sector, while ARLO is from the Industrials sector.

5-Year PerformanceARLO has outperformed ABSI, delivering a return of +19.2% compared to -17.7%

ABSI vs ARLO - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Market Cap
ABSI
$1.50B
Winner
ARLO
$1.50B
Max Drawdown
ABSI
96.20%
Winner
ARLO
93.50%
Sharpe Ratio
Winner
ABSI
1.62
ARLO
-0.22
5Y Beta
ABSI
2.34
Winner
ARLO
1.42
Industry
ABSI
Biotechnology
ARLO
Building Products & Equipment
P/E Ratio
Winner
ABSI
-11.26
ARLO
48.89
Forward P/E
ABSI
N/A
ARLO
16.92
Debt to Equity
ABSI
0.00%
ARLO
0.00%
Free Cash Flow Yield
ABSI
-7.30%
Winner
ARLO
5.22%

ABSI vs ARLO - Historical Returns

Returns include dividend reinvestment.

1M
ABSI
-7.35%
Winner
ARLO
+9.46%
3M
Winner
ABSI
+78.49%
ARLO
+13.53%
6M
Winner
ABSI
+270.98%
ARLO
+25.66%
1Y
Winner
ABSI
+203.21%
ARLO
-16.81%
5Y(CAGR)
ABSI
-17.67%
Winner
ARLO
+19.18%
10Y(CAGR)
ABSI
N/A
ARLO
-5.24%
Max(CAGR)
ABSI
-15.05%
Winner
ARLO
-5.24%

ABSI vs ARLO - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

YearABSIARLO
2026+162.05%+8.47%
2025+28.78%+27.53%
2024-29.00%+21.24%
2023+85.84%+160.11%
2022-74.79%-66.22%
2021-62.02%+40.05%
2020N/A+56.74%
2019N/A-58.40%
2018N/A-54.98%

ABSI vs ARLO Drawdown Comparison

The maximum drawdown for ABSI was -96.20%, occurring on Oct 26, 2023. This drawdown has not yet recovered.

The maximum drawdown for ARLO was -93.50%, occurring on Mar 16, 2020. This drawdown has not yet recovered.

The current ABSI drawdown is -68.77%. The current ARLO drawdown is -37.82%.

RankABSIARLO
#1-96.20%
Aug 3, 2021 - Oct 26, 2023
-93.50%
Aug 27, 2018 - Mar 16, 2020
#2-1.23%
Jul 26, 2021 - Jul 28, 2021
-13.35%
Aug 3, 2018 - Aug 23, 2018
#3-0.21%
Jul 29, 2021 - Aug 2, 2021
-0.09%
Aug 23, 2018 - Aug 27, 2018

Correlation

Correlation between ABSI and ARLO is -0.16 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.16
-101

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