AIT vs ALGN
Comparison between Applied Industrial Technologies Inc (AIT, Company) and Align Technology Inc (ALGN, Company).
AIT is from the Industrials sector, while ALGN is from the Healthcare sector.
5-Year PerformanceAIT has outperformed ALGN, delivering a return of +26.1% compared to -21.8%
AIT vs ALGN - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
AIT vs ALGN - Historical Returns
Returns include dividend reinvestment.
AIT vs ALGN - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | AIT | ALGN |
|---|---|---|
| 2026 | +19.96% | +3.67% |
| 2025 | +8.41% | -25.10% |
| 2024 | +41.57% | -22.46% |
| 2023 | +39.56% | +29.07% |
| 2022 | +24.41% | -67.46% |
| 2021 | +36.16% | +24.83% |
| 2020 | +19.49% | +88.37% |
| 2019 | +27.76% | +38.06% |
| 2018 | -19.25% | -6.76% |
| 2017 | +15.04% | +129.16% |
| 2016 | +53.09% | +49.57% |
| 2015 | -7.75% | +17.17% |
| 2014 | -3.40% | -1.84% |
| 2013 | +14.96% | +101.20% |
| 2012 | +20.64% | +15.87% |
| 2011 | +9.11% | +19.40% |
| 2010 | +46.82% | +5.62% |
| 2009 | +13.06% | +100.45% |
| 2008 | -29.65% | -46.87% |
| 2007 | +11.91% | +24.94% |
| 2006 | +14.12% | +122.45% |
| 2005 | +32.02% | -38.73% |
| 2004 | +70.53% | -35.59% |
| 2003 | +31.81% | +502.77% |
| 2002 | +4.95% | -35.79% |
| 2001 | -3.28% | -73.34% |
| 2000 | +27.15% | N/A |
| 1999 | +4.67% | N/A |
AIT vs ALGN Drawdown Comparison
The maximum drawdown for AIT was -59.29%, occurring on Mar 18, 2020. Recovery took 547 trading sessions.
The maximum drawdown for ALGN was -92.30%, occurring on Nov 13, 2002. Recovery took 692 trading sessions.
The current AIT drawdown is -1.43%. The current ALGN drawdown is -77.84%.
| Rank | AIT | ALGN |
|---|---|---|
| #1 | -59.29% Sep 21, 2018 - Nov 23, 2020 | -92.30% Jan 30, 2001 - Nov 3, 2003 |
| #2 | -57.17% Oct 31, 2007 - Oct 21, 2010 | -82.89% Sep 8, 2021 - Sep 25, 2025 |
| #3 | -32.25% Apr 19, 2006 - Jul 3, 2007 | -82.58% Oct 24, 2007 - Apr 24, 2012 |
| #4 | -30.33% Jul 7, 2011 - Jan 5, 2012 | -75.18% Apr 19, 2004 - Apr 26, 2007 |
| #5 | -28.67% May 23, 2002 - Jun 17, 2003 | -64.95% Sep 25, 2018 - Oct 22, 2020 |
| #6 | -27.51% Aug 1, 2013 - Oct 27, 2016 | -35.18% Sep 13, 2012 - Jul 10, 2013 |
| #7 | -26.42% Nov 26, 2024 - Jan 13, 2026 | -30.62% Jan 17, 2014 - Jun 16, 2015 |
| #8 | -24.72% Dec 21, 2004 - May 18, 2005 | -22.28% Jan 26, 2018 - May 11, 2018 |
| #9 | -23.56% Dec 28, 2000 - Mar 6, 2002 | -20.05% Feb 5, 2021 - Apr 27, 2021 |
| #10 | -22.88% Jan 23, 2004 - Apr 22, 2004 | -18.56% Jul 25, 2007 - Oct 4, 2007 |
| #11 | -20.98% May 14, 2021 - Nov 12, 2021 | -18.32% Jul 20, 2015 - Oct 23, 2015 |
| #12 | -19.97% Jul 19, 2007 - Aug 24, 2007 | -17.71% Jan 26, 2004 - Apr 12, 2004 |
| #13 | -19.01% May 4, 2022 - Aug 11, 2022 | -17.21% Nov 28, 2017 - Jan 17, 2018 |
| #14 | -18.97% Feb 29, 2000 - Aug 10, 2000 | -14.67% Dec 1, 2003 - Jan 7, 2004 |
| #15 | -18.56% Aug 11, 2022 - Oct 27, 2022 | -14.09% Oct 26, 2015 - Mar 2, 2016 |
Correlation
Correlation between AIT and ALGN is 0.49 which considered as a weak positive correlation - the stocks show a slight tendency to move together.
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