Correlation
The correlation between ARQQ and CLS is 0.25, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
ARQQ vs. CLS
Compare and contrast key facts about Arqit Quantum Inc. (ARQQ) and Celestica Inc. (CLS).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARQQ or CLS.
Performance
ARQQ vs. CLS - Performance Comparison
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Key characteristics
ARQQ:
0.89
CLS:
1.54
ARQQ:
2.53
CLS:
2.10
ARQQ:
1.30
CLS:
1.30
ARQQ:
1.52
CLS:
2.35
ARQQ:
3.50
CLS:
5.81
ARQQ:
43.22%
CLS:
21.84%
ARQQ:
172.25%
CLS:
75.69%
ARQQ:
-99.60%
CLS:
-96.93%
ARQQ:
-97.36%
CLS:
-16.84%
Fundamentals
ARQQ:
$320.07M
CLS:
$13.74B
ARQQ:
-$5.99
CLS:
$3.58
ARQQ:
935.88
CLS:
1.36
ARQQ:
20.03
CLS:
8.82
ARQQ:
$342.00K
CLS:
$10.09B
ARQQ:
-$408.00K
CLS:
$1.07B
ARQQ:
-$18.04M
CLS:
$724.86M
Returns By Period
In the year-to-date period, ARQQ achieves a -35.35% return, which is significantly lower than CLS's 29.44% return.
ARQQ
-35.35%
65.74%
94.35%
151.10%
-44.76%
N/A
N/A
CLS
29.44%
34.16%
34.00%
103.18%
125.85%
80.07%
25.11%
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Risk-Adjusted Performance
ARQQ vs. CLS — Risk-Adjusted Performance Rank
ARQQ
CLS
ARQQ vs. CLS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Arqit Quantum Inc. (ARQQ) and Celestica Inc. (CLS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
ARQQ vs. CLS - Dividend Comparison
Neither ARQQ nor CLS has paid dividends to shareholders.
Drawdowns
ARQQ vs. CLS - Drawdown Comparison
The maximum ARQQ drawdown since its inception was -99.60%, roughly equal to the maximum CLS drawdown of -96.93%. Use the drawdown chart below to compare losses from any high point for ARQQ and CLS.
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Volatility
ARQQ vs. CLS - Volatility Comparison
Arqit Quantum Inc. (ARQQ) has a higher volatility of 37.63% compared to Celestica Inc. (CLS) at 15.69%. This indicates that ARQQ's price experiences larger fluctuations and is considered to be riskier than CLS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
ARQQ vs. CLS - Financials Comparison
This section allows you to compare key financial metrics between Arqit Quantum Inc. and Celestica Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities