ZLAB vs AVDX
Comparison between Zai Lab Ltd (ZLAB, Company) and AvidXchange Holdings Inc (AVDX, Company).
ZLAB is from the Healthcare sector, while AVDX is from the Technology sector.
ZLAB vs AVDX - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
Winner
ZLAB
$2.08B
AVDX
$2.07B
Max Drawdown
ZLAB
92.84%
Winner
AVDX
76.89%
Sharpe Ratio
ZLAB
-1.25
Winner
AVDX
0.65
5Y Beta
ZLAB
0.91
AVDX
N/A
Industry
ZLAB
Biotechnology
AVDX
Software - Infrastructure
P/E Ratio
ZLAB
-11.60
Winner
AVDX
-251.89
Debt to Equity
ZLAB
32.30%
Winner
AVDX
10.54%
Free Cash Flow Yield
ZLAB
-5.24%
Winner
AVDX
3.93%
P/S Ratio
Winner
ZLAB
4.58
AVDX
4.63
P/B Ratio
ZLAB
3.17
Winner
AVDX
3.01
ZLAB vs AVDX - Historical Returns
Returns include dividend reinvestment.
1M
ZLAB
-20.78%
Winner
AVDX
+0.50%
3M
ZLAB
-13.89%
Winner
AVDX
+1.63%
6M
ZLAB
-14.77%
Winner
AVDX
+26.42%
1Y
ZLAB
-54.52%
Winner
AVDX
+18.62%
5Y(CAGR)
ZLAB
-37.28%
Winner
AVDX
-20.40%
10Y(CAGR)
ZLAB
-5.79%
AVDX
N/A
Max(CAGR)
Winner
ZLAB
-5.79%
AVDX
-20.40%
ZLAB vs AVDX - Annual Returns (2017 - 2026)
Returns include dividend reinvestment.
| Year | ZLAB | AVDX |
|---|---|---|
| 2026 | -4.10% | N/A |
| 2025 | -28.90% | -3.57% |
| 2024 | +0.50% | -14.47% |
| 2023 | -11.38% | +34.09% |
| 2022 | -52.33% | -37.60% |
| 2021 | -51.57% | -39.62% |
| 2020 | +217.55% | N/A |
| 2019 | +86.50% | N/A |
| 2018 | +4.31% | N/A |
| 2017 | -23.99% | N/A |
ZLAB vs AVDX Drawdown Comparison
The maximum drawdown for ZLAB was -92.84%, occurring on Apr 17, 2024. This drawdown has not yet recovered.
The maximum drawdown for AVDX was -76.89%, occurring on Jun 30, 2022. This drawdown has not yet recovered.
The current ZLAB drawdown is -91.33%. The current AVDX drawdown is -62.36%.
| Rank | ZLAB | AVDX |
|---|---|---|
| #1 | -92.84% Jan 20, 2021 - Apr 17, 2024 | -76.89% Nov 19, 2021 - Jun 30, 2022 |
| #2 | -56.15% Oct 11, 2017 - Jun 25, 2019 | -15.88% Oct 13, 2021 - Nov 11, 2021 |
| #3 | -29.19% Feb 19, 2020 - Apr 17, 2020 | -9.52% Nov 12, 2021 - Nov 19, 2021 |
| #4 | -20.88% Aug 22, 2019 - Nov 11, 2019 | N/A |
| #5 | -18.08% Jul 9, 2020 - Oct 7, 2020 | N/A |
| #6 | -16.50% May 19, 2020 - Jun 19, 2020 | N/A |
| #7 | -16.31% Jul 2, 2019 - Aug 22, 2019 | N/A |
| #8 | -15.11% Sep 21, 2017 - Oct 10, 2017 | N/A |
| #9 | -11.89% Oct 9, 2020 - Nov 11, 2020 | N/A |
| #10 | -11.22% Dec 13, 2019 - Jan 13, 2020 | N/A |
| #11 | -8.78% May 13, 2020 - May 18, 2020 | N/A |
| #12 | -8.70% Jan 17, 2020 - Jan 23, 2020 | N/A |
| #13 | -8.55% Jan 28, 2020 - Feb 7, 2020 | N/A |
| #14 | -8.18% Apr 23, 2020 - May 8, 2020 | N/A |
| #15 | -4.30% Dec 31, 2020 - Jan 7, 2021 | N/A |
Correlation
Correlation between ZLAB and AVDX is 0.56 which considered as a moderate positive correlation - the stocks show some tendency to move together.
0.56
-101
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