COWNL vs MAX

Comparison between Cowen Inc (COWNL, Company) and MediaAlpha Inc - Class A (MAX, Company).

5-Year PerformanceCOWNL has outperformed MAX, delivering a return of +6.3% compared to -15.4%

COWNL vs MAX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	COWNL(COMPANY)	MAX(COMPANY)
Market Cap	$796M	$792M
Max Drawdown	61.44%	91.64%
Sharpe Ratio	-0.35	0.79
5Y Beta	N/A	0.85
Industry	N/A	Internet Content & Information
P/E Ratio	12.13	142.23
Forward P/E	N/A	11.10
Debt to Equity	127.11%	8529.11%
Free Cash Flow Yield	32.29%	5.05%
P/S Ratio	0.52	0.66
P/B Ratio	0.65	397.36

Market Cap

Winner

COWNL

$796M

MAX

$792M

Max Drawdown

Winner

COWNL

61.44%

MAX

91.64%

Sharpe Ratio

COWNL

-0.35

Winner

MAX

0.79

5Y Beta

COWNL

N/A

MAX

0.85

Industry

COWNL

N/A

MAX

Internet Content & Information

P/E Ratio

Winner

COWNL

12.13

MAX

142.23

Forward P/E

COWNL

N/A

MAX

11.10

Debt to Equity

Winner

COWNL

127.11%

MAX

8529.11%

Free Cash Flow Yield

Winner

COWNL

32.29%

MAX

5.05%

P/S Ratio

Winner

COWNL

0.52

MAX

0.66

P/B Ratio

Winner

COWNL

0.65

MAX

397.36

COWNL vs MAX - Historical Returns

Returns include dividend reinvestment.

Period	COWNL	MAX
1 month	+1.60%	+40.94%
3 months	+1.82%	+40.38%
6 months	+3.68%	+23.29%
1 year	+1.13%	+34.61%
5 years(CAGR)	+6.26%	-15.38%
Max(CAGR)	+6.26%	-13.32%

COWNL

+1.60%

Winner

MAX

+40.94%

COWNL

+1.82%

Winner

MAX

+40.38%

COWNL

+3.68%

Winner

MAX

+23.29%

COWNL

+1.13%

Winner

MAX

+34.61%

5Y(CAGR)

Winner

COWNL

+6.26%

MAX

-15.38%

Max(CAGR)

Winner

COWNL

+6.26%

MAX

-13.32%

COWNL vs MAX - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

Year	COWNL	MAX
2026	N/A	+17.82%
2025	N/A	+13.70%
2024	N/A	+2.45%
2023	+2.49%	+8.46%
2022	+1.61%	-38.77%
2021	+4.83%	-58.91%
2020	+5.97%	+22.63%
2019	+21.58%	N/A
2018	-5.66%	N/A

COWNL vs MAX Drawdown Comparison

The maximum drawdown for COWNL was -60.71%, occurring on Mar 18, 2020. Recovery took 128 trading sessions.

The maximum drawdown for MAX was -91.64%, occurring on May 16, 2023. This drawdown has not yet recovered.

The current COWNL drawdown is -3.81%. The current MAX drawdown is -78.04%.

Rank	COWNL	MAX
#1	-60.71% Feb 20, 2020 - Aug 21, 2020	-91.64% Mar 15, 2021 - May 16, 2023
#2	-12.64% Aug 29, 2018 - Mar 27, 2019	-30.86% Nov 9, 2020 - Jan 26, 2021
#3	-12.13% Sep 30, 2021 - May 10, 2022	-17.00% Feb 19, 2021 - Mar 11, 2021
#4	-3.66% Aug 4, 2021 - Sep 15, 2021	-8.29% Feb 3, 2021 - Feb 11, 2021
#5	-2.84% Oct 8, 2020 - Nov 10, 2020	-2.84% Jan 26, 2021 - Jan 29, 2021
#6	-2.49% Jun 18, 2021 - Jul 19, 2021	-1.75% Feb 12, 2021 - Feb 18, 2021
#7	-2.40% Apr 21, 2021 - Apr 30, 2021	-0.62% Mar 11, 2021 - Mar 15, 2021
#8	-2.07% Nov 8, 2019 - Dec 12, 2019	-0.16% Feb 1, 2021 - Feb 3, 2021
#9	-2.01% Dec 1, 2020 - Feb 5, 2021	N/A
#10	-1.99% Sep 17, 2020 - Oct 7, 2020	N/A
#11	-1.93% May 16, 2019 - Jul 16, 2019	N/A
#12	-1.92% Apr 30, 2021 - Jun 14, 2021	N/A
#13	-1.88% Apr 2, 2019 - May 14, 2019	N/A
#14	-1.83% Sep 24, 2019 - Oct 14, 2019	N/A
#15	-1.75% Feb 10, 2021 - Mar 16, 2021	N/A

Correlation

Correlation between COWNL and MAX is -0.53 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.53

-101