Danaher Corporation (DHR)

New York Stock Exchange
USD
US2358511028
29 December 1978  –  24 May 2024

Performance

Annualized Return
19.87%
Sharpe Ratio
0.7
Maximum Drawdown
-65.31%

Metrics

Metric Danaher Corporation
Initial Balance $10,000
Final Balance $37,739,480
Returns   [View more details]
Month-To-Date 6.55%
Year-To-Date 13.71%
3M 4.95%
6M 19%
Annual Return (3Y) 5.7%
Annual Return (5Y) 18.05%
Annual Return (All) 19.87%
Risk   [View more details]
Annual Volatility 34.54%
Max Drawdown -65.31%
Sharpe Ratio 0.7
Sortino Ratio 1.07
Adjusted Sortino (S/√2) 0.76

  • Initial balance: The amount of starting capital used to invest in the asset or portfolio. In this case, we're starting with a $10,000 investment on December 1978.
  • Final balance: The amount of capital we've accrued over time as of May 2024.
  • Annual return: Also known as annualized return, or CAGR (Compound Annual Growth Rate), measures how much an investment has increased on average each year, during a specific time period. The time period in this case is approximately 45 year(s). Even a small difference in return can have a big impact on the final balance over a long period of time.
  • Annual volatility: Basically indicates how much, in percentage points, the investment can deviate from its annual return, under most circumstances. An investment with an annual return of 5% and an annual volatility of 10% would indicate returns from approximately -5% to 15% most of the time. A lower volatility is usually preferred to ensure more steady returns over time.
  • Best year: The best performance attained over its lifetime in a given year.
  • Worst year: The worst performance undergone over its lifetime in a given year.
  • Max drawdown: The largest percentage drop from a peak to a trough of an asset or portfolio, before a new peak is attained. Maximum drawdown is an indicator of downside risk over a specified time period.
  • Sharpe Ratio: The Sharpe ratio measures the performance of an investment compared to a risk-free asset, after adjusting for its risk. A Sharpe Ratio above 1 is considered good.
  • Sortino Ratio: The Sortino Ratio is a variation of the Sharpe ratio that only penalizes the investment for negative volatility/outcomes, and not for positive volatility. A Sortino Ratio above 1 is considered good.
  • Adjusted Sortino Ratio: Sortino Ratio/√2. To allow for comparing the Sortino ratio to the Sharpe ratio, we multiply the risk measure of the Sortino ratio by the square root of 2 (which is the same as dividing the Sortino ratio by the square root of 2).
  • Ulcer Index: The Ulcer Index (UI) is a technical indicator that measures downside risk in terms of both the depth and duration of price declines.
  • Gain to Pain Ratio: The sum of all returns divided by the absolute value of the sum of all negative returns. In essence, the GPR shows the ratio of net returns to the losses incurred in getting those returns.

Annualized Returns

Annual Return 1y Annual Return 3y Annual Return 5y Annual Return 10y Annual Return 20y Annual Return
Danaher Corporation 30.76% 5.7% 18.05% 18.02% 15.49% 19.87%

Annual Returns

Year Danaher Corporation
1978 0%
1979 27.59%
1980 -8.11%
1981 -17.65%
1982 -28.57%
1983 80%
1984 55.56%
1985 12.5%
1986 57.14%
1987 37.37%
1988 66.18%
1989 7.96%
1990 4.92%
1991 26.56%
1992 28.4%
1993 47.18%
1994 37.46%
1995 21.85%
1996 47.21%
1997 35.64%
1998 72.31%
1999 -11.06%
2000 41.9%
2001 -11.67%
2002 9.09%
2003 39.81%
2004 25.29%
2005 -2.71%
2006 30.02%
2007 21.29%
2008 -35.37%
2009 33.11%
2010 25.69%
2011 -0.09%
2012 19.06%
2013 38.31%
2014 11.59%
2015 9.04%
2016 11.26%
2017 20.01%
2018 11.8%
2019 49.55%
2020 45.34%
2021 48.57%
2022 -19.02%
2023 -1.24%
2024 13.71%

Danaher Corporation had 36 positive years and 10 negative years. That's a positive ratio of 78%.

Monthly Returns

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD
1978 - - - - - - - - - - - 0% 0%
1979 6.9% 9.7% 17.7% -2.5% 2.6% 2.5% -2.4% 20% -8.3% -29.6% 29% -7.5% 27.6%
1980 5.4% -10.3% -34.3% 26.1% 6.9% 9.7% -8.8% 3.2% 6.3% -5.9% 3.1% 3% -8.1%
1981 35.3% -8.7% 14.3% -14.6% -4.9% 12.8% -13.6% -7.9% -22.9% 3.7% -7.1% 7.7% -17.7%
1982 -7.1% 0% -11.5% 4.4% -8.3% -18.2% 5.6% 10.5% -9.5% 5.3% 15% -13% -28.6%
1983 20% 12.5% -14.8% 39.1% 6.3% -2.9% -15.2% -3.6% 25.9% -2.9% 6.1% 2.9% 80%
1984 25% 15.6% -1.9% 7.8% -12.7% 10.4% -7.6% 8.2% -3.8% -11.8% 0% 24.4% 55.6%
1985 16.1% -6.2% 0% 0% -4.9% 10.4% 15.6% -8.1% 0% -7.4% -12.7% 14.5% 12.5%
1986 -3.2% 6.6% 29.2% 19.1% 1% -2% -20.2% -1.3% 9% 15.3% -4.1% 5.3% 57.1%
1987 31.3% 13.1% 27.2% 1.6% 3.2% -3.6% 12.7% 7.5% 10.9% -52% -1.6% 13.3% 37.4%
1988 11.8% 14.5% 6.9% 36.6% -11.8% 31.3% 4.1% -12.4% -4.5% -14.8% -3.7% 7.6% 66.2%
1989 -1.8% 2.7% 14% 5.4% -0.7% -0% 2.2% 1.4% -6.4% -10.6% 14.4% -9.6% 8%
1990 -5.7% 2.6% 1.7% 21.7% 15.1% -5.4% 10.7% -21.6% -10.1% -7.3% 14.8% -3% 4.9%
1991 18% 2% 1.3% 3.2% 4.4% 2.4% 3.5% 2.8% -12% -5.6% -2.6% 9.5% 26.6%
1992 8.6% 7.4% -0.5% 2.1% 0.5% -5.7% 10.4% -11.9% -0.6% 12.5% -6.6% 12.4% 28.4%
1993 5.8% -9.1% 12.1% 0% 13% 2.5% 2.7% 6.8% -2.7% 1.5% 5.7% 3.1% 47.2%
1994 -1.3% -2.7% 1.5% 7.1% -1.3% 6.4% 4.2% 2% 0.4% 10.4% -5.1% 12.2% 37.5%
1995 -4.8% 18.6% -2.9% 3.9% 1.7% 0.9% 4.9% 3.1% -0.7% -5.3% -0.8% 3.3% 21.9%
1996 0.8% 6.3% 8.9% 6.4% 5.4% 4.9% -8.3% 4.1% -0.2% -1.2% 9.5% 4.3% 47.2%
1997 7.2% -13.5% -3.7% 8.4% 7.5% 4.8% 9.1% -3.4% 8.3% -5.5% 7.2% 7.5% 35.6%
1998 -0% 14% 5.6% -5.4% 0.6% 1.5% 11.2% -11.2% -17.2% 33.1% 14.2% 19.1% 72.3%
1999 -1.5% -9.8% 8.3% 27.2% -9% -3.8% -1.8% 3% -10.3% -8.3% 1.7% -1.8% -11.1%
2000 -10.6% -5.4% 25% 12% -15.7% 2.6% 3% 10.3% -11.4% 26.9% 3.3% 4.9% 41.9%
2001 -5.7% -1.6% -14% 2.7% 12.4% -11.1% 1.1% -1.8% -15.1% 18.1% 5.2% 2.9% -11.7%
2002 5.7% 5.5% 5.7% 0.8% -2.7% -4.7% -6.5% -3.1% -5.4% 1.8% 8.6% 4.6% 9.1%
2003 -6.5% 5.9% 1.2% 4.9% -3% 1.7% 6.1% 7% -4.4% 12.2% 0.4% 10.3% 39.8%
2004 -0.2% -2.1% 4.2% -0.9% 1.7% 10.3% -2.3% 1.5% -0.2% 7.5% 3.2% 1% 25.3%
2005 -4.4% -1.3% -1.4% -5.2% 8.9% -5% 5.9% -3.4% 0.5% -3.2% 6.5% 0.5% -2.7%
2006 1.5% 7% 4.9% 0.9% 0% 0.4% 1.4% 1.7% 3.6% 4.5% 1.9% -0.9% 30%
2007 2.2% -3.2% -0.3% -0.4% 3.2% 2.8% -1.1% 4% 6.5% 3.6% 1.3% 1.1% 21.3%
2008 -14.6% -1.1% 2.6% 2.6% 0.2% -1.1% 3% 2.4% -14.9% -14.6% -6.1% 1.8% -35.4%
2009 -1.2% -9.2% 6.9% 7.8% 3.3% 2.4% -0.8% -0.9% 10.9% 1.4% 3.9% 6.1% 33.1%
2010 -5.1% 3.7% 8.1% 5.5% -5.8% -6.4% 3.5% -5.4% 11.8% 6.8% -0.3% 9.1% 25.7%
2011 -2.4% 9.9% 2.6% 6.4% -1.3% -2.8% -7.3% -6.7% -8.4% 15.3% 0.1% -2.7% -0.1%
2012 11.6% 0.6% 6.1% -3.2% -4.2% 0.3% 1.4% 1.4% 3% -6.2% 4.3% 3.6% 19.1%
2013 7.2% 2.8% 0.9% -2% 1.4% 2.4% 6.4% -2.7% 5.8% 4% 3.8% 3.2% 38.3%
2014 -3.6% 2.8% -1.8% -2.2% 6.9% 0.5% -6.2% 3.7% -0.7% 5.8% 3.9% 2.7% 11.6%
2015 -3.9% 6% -2.6% -3.6% 5.4% -0.7% 7% -5% -1.9% 9.5% 3.3% -3.5% 9%
2016 -6.7% 3% 6.4% 2% 1.7% 2.9% 6.4% -0% -3.6% 0.2% -0.5% -0.3% 11.3%
2017 7.8% 1.9% 0.1% -2.6% 1.9% -0.5% -3.4% 2.4% 3% 7.6% 2.3% -1.5% 20%
2018 9.1% -3.5% 0.3% 2.5% -1% -0.4% 4% 0.9% 5.1% -8.5% 10.2% -5.7% 11.8%
2019 7.6% 14.5% 4.1% 0.3% -0.3% 8.4% -1.7% 1.1% 1.8% -4.6% 5.9% 5.3% 49.6%
2020 4.8% -10.1% -4.1% 18.1% 1.9% 6.3% 15.3% 1.3% 4.4% 6.6% -2.1% -1% 45.3%
2021 7.1% -7.6% 2.6% 12.8% 0.9% 4.9% 10.9% 9% -6% 2.4% 3.2% 2.4% 48.6%
2022 -13.1% -4% 7% -14.4% 5.1% -3.8% 15% -7.4% -4.2% -2.6% 8.6% -2.8% -19%
2023 -0.4% -6.4% 1.9% -6% -3.1% 4.6% 6.3% 3.9% -6.4% -12.6% 16.3% 3.7% -1.2%
2024 3.7% 5.5% -1.2% -1.2% 6.6% - - - - - - - 13.7%
Pos 53.3% 57.8% 68.9% 68.2% 62.2% 61.4% 64.4% 57.8% 38.6% 53.3% 70.5% 71.1% 78.3%
Avg 3.5% 1.7% 3.2% 5.3% 0.9% 1.7% 1.9% 0.1% -1.7% -0.1% 3.7% 3.6% 22.5%

Other Return Metrics

Metric Danaher Corporation
Cumulative Return 377294.8%
Enh Ann Return 22%
Best Year 80%
Worst Year -35.37%
Best Month 39.13%
Worst Month -51.97%
Best Day 20.27%
Worst Day -25.25%
Win Ratio (Yearly) 78.26%
Win Ratio (Quarterly) 68.13%
Win Ratio (Monthly) 60.56%
Win Ratio (Daily) 51.18%

Annual Volatility

Annual Volatility 1y Annual Volatility 3y Annual Volatility 5y Annual Volatility 10y Annual Volatility 20y Annual Volatility
Danaher Corporation 22.48% 27.21% 27.74% 23.16% 23.83% 34.54%

Sharpe Ratio

Sharpe Ratio 1y Sharpe Ratio 3y Sharpe Ratio 5y Sharpe Ratio 10y Sharpe Ratio 20y Sharpe Ratio
Danaher Corporation 1.31 0.34 0.74 0.83 0.72 0.7

3-Year Rolling Sharpe Ratio

The rolling Sharpe Ratio gives a clue about the continued consistency or stability of the risk-adjusted returns.

Drawdown Periods

Simply said, a drawdown is the "pain" period experienced by an investor between a peak (new highs) and subsequent valley (a low point before moving higher). In the table below are the fifth largest drawdowns encountered for the portfolio/asset in question.

Danaher Corporation

start valley end days Drawdown
1981-03-27 1982-06-23 1984-01-19 1028 -65.31%
1987-09-29 1987-12-04 1988-06-08 253 -60.9%
1979-08-29 1980-03-27 1981-03-24 573 -55.1%
1999-04-28 2000-03-08 2000-12-11 593 -45.81%
2007-12-26 2009-03-09 2010-11-04 1044 -45.69%

The Danaher Corporation took approximately 23 months on average to recover from a major drawdown. The longest drawdown lasted 35 months.

Underwater plot

The underwater plot shows you the drawdown periods on a chart. Whereas the performance chart usually gives you a positive viewpoint, the underwater plot gives you a pessimistic viewpoint. It helps you to visualize downtrends that occurred and how long it took for the portfolio's value to rebound to hit a new high after suffering a loss.

Other Risk Metrics

Metric Danaher Corporation
Sharpe Ratio 0.7
Sortino Ratio 1.07
Adjusted Sortino (S/√2) 0.76
Calmar Ratio 0.3
Omega Ratio 1.14
Gain to Pain Ratio 0.14
Winckel Ratio 57.45
Ulcer Index 0.18
Kelly Criterion 6.48%
Skew 0.53
Kurtosis 8.68
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