NDAC vs CDRO

Comparison between NightDragon Acquisition Corp - Class A (NDAC, Company) and Codere Online Luxembourg S.A (CDRO, Company).

NDAC vs CDRO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NDAC(COMPANY)	CDRO(COMPANY)
Market Cap	$445M	$443M
Max Drawdown	2.72%	75.50%
Sharpe Ratio	-0.45	0.39
5Y Beta	N/A	0.74
Industry	N/A	Gambling
P/E Ratio	126.66	45.74
Forward P/E	N/A	19.42
Debt to Equity	0.00%	13.76%
Free Cash Flow Yield	-0.25%	4.62%
P/S Ratio	N/A	2.08
P/B Ratio	-38.35	13.22

Market Cap

Winner

NDAC

$445M

CDRO

$443M

Max Drawdown

Winner

NDAC

2.72%

CDRO

75.50%

Sharpe Ratio

NDAC

-0.45

Winner

CDRO

0.39

5Y Beta

NDAC

N/A

CDRO

0.74

Industry

NDAC

N/A

CDRO

Gambling

P/E Ratio

NDAC

126.66

Winner

CDRO

45.74

Forward P/E

NDAC

N/A

CDRO

19.42

Debt to Equity

Winner

NDAC

0.00%

CDRO

13.76%

Free Cash Flow Yield

NDAC

-0.25%

Winner

CDRO

4.62%

P/S Ratio

NDAC

N/A

CDRO

2.08

P/B Ratio

Winner

NDAC

-38.35

CDRO

13.22

NDAC vs CDRO - Historical Returns

Returns include dividend reinvestment.

Period	NDAC	CDRO
1 month	+0.65%	-5.74%
3 months	+2.81%	+4.27%
6 months	+3.02%	+21.94%
1 year	+3.02%	+9.18%
5 years(CAGR)	N/A	+3.12%
Max(CAGR)	+1.10%	+3.12%

Winner

NDAC

+0.65%

CDRO

-5.74%

NDAC

+2.81%

Winner

CDRO

+4.27%

NDAC

+3.02%

Winner

CDRO

+21.94%

NDAC

+3.02%

Winner

CDRO

+9.18%

5Y(CAGR)

NDAC

N/A

CDRO

+3.12%

Max(CAGR)

NDAC

+1.10%

Winner

CDRO

+3.12%

NDAC vs CDRO - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	NDAC	CDRO
2026	N/A	+15.28%
2025	N/A	+27.06%
2024	N/A	+111.48%
2023	N/A	+10.53%
2022	+3.34%	-63.40%
2021	-1.52%	-25.22%

NDAC vs CDRO Drawdown Comparison

The maximum drawdown for NDAC was -2.72%, occurring on Aug 25, 2021. Recovery took 363 trading sessions.

The maximum drawdown for CDRO was -75.50%, occurring on Jul 22, 2022. Recovery took 715 trading sessions.

The current CDRO drawdown is -9.02%.

Rank	NDAC	CDRO
#1	-2.72% Apr 26, 2021 - Oct 3, 2022	-75.50% Dec 2, 2021 - Oct 8, 2024
#2	-0.30% Oct 10, 2022 - Oct 19, 2022	-37.59% Aug 22, 2025 - Apr 15, 2026
#3	-0.20% Nov 7, 2022 - Nov 28, 2022	-30.07% Oct 8, 2024 - Aug 22, 2025
#4	-0.17% Nov 28, 2022 - Dec 2, 2022	-11.27% Jun 18, 2026 - Jul 20, 2026
#5	-0.16% Oct 4, 2022 - Oct 10, 2022	-4.05% May 1, 2026 - May 20, 2026
#6	-0.15% Oct 19, 2022 - Oct 24, 2022	-3.10% Apr 17, 2026 - Apr 30, 2026
#7	-0.10% Oct 27, 2022 - Nov 7, 2022	-2.00% Jun 15, 2026 - Jun 18, 2026
#8	N/A	-1.90% May 21, 2026 - Jun 2, 2026
#9	N/A	-1.03% Jun 9, 2026 - Jun 12, 2026
#10	N/A	-0.41% Jun 4, 2026 - Jun 9, 2026

Correlation

Correlation between NDAC and CDRO is -0.59 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.59

-101