ARQQ vs. CVNA
ARQQ (Arqit Quantum Inc.) and CVNA (Carvana Co.) are both stocks. ARQQ operates in Software - Infrastructure (Technology), while CVNA operates in Internet Retail (Consumer Cyclical). Over the past 3 years, ARQQ returned -28.53%/yr vs 138.89%/yr for CVNA. At a 0.23 correlation, their price movements are largely independent.
Performance
ARQQ vs. CVNA - Performance Comparison
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Returns By Period
In the year-to-date period, ARQQ achieves a -37.84% return, which is significantly lower than CVNA's -24.06% return.
ARQQ
- 1D
- -0.66%
- 1M
- -1.66%
- YTD
- -37.84%
- 6M
- -52.03%
- 1Y
- -49.10%
- 3Y*
- -28.53%
- 5Y*
- —
- 10Y*
- —
CVNA
- 1D
- -5.49%
- 1M
- -8.30%
- YTD
- -24.06%
- 6M
- -29.67%
- 1Y
- 0.49%
- 3Y*
- 138.89%
- 5Y*
- 3.14%
- 10Y*
- —
ARQQ vs. CVNA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ARQQ Arqit Quantum Inc. | -37.84% | -43.67% | 227.76% | -86.87% | -84.93% | 158.92% |
CVNA Carvana Co. | -24.06% | 107.52% | 284.13% | 1,016.88% | -97.96% | -29.47% |
Correlation
The correlation between ARQQ and CVNA is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Sep 7, 2021 | 0.23 |
Fundamentals
ARQQ:
$225.50M
CVNA:
$9.49B
ARQQ:
-$4.72
CVNA:
$8.69
ARQQ:
151.77
CVNA:
0.47
ARQQ:
7.91
CVNA:
2.55
ARQQ:
$1.43M
CVNA:
$22.52B
ARQQ:
-$307.00K
CVNA:
$4.50B
ARQQ:
-$68.30M
CVNA:
-$116.00M
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Return for Risk
ARQQ vs. CVNA — Risk / Return Rank
ARQQ
CVNA
ARQQ vs. CVNA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Arqit Quantum Inc. (ARQQ) and Carvana Co. (CVNA). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ARQQ | CVNA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.48 | ||
| Sortino ratioReturn per unit of downside risk | -0.64 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.05 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | -0.62 | 0.01 | -0.63 |
| Martin ratioReturn relative to average drawdown | -0.91 | 0.03 | -0.94 |
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Drawdowns
ARQQ vs. CVNA - Drawdown Comparison
The maximum ARQQ drawdown since its inception was -99.60%, roughly equal to the maximum CVNA drawdown of -98.99%. Use the drawdown chart below to compare losses from any high point for ARQQ and CVNA.
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Drawdown Indicators
| ARQQ | CVNA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.60% | -98.99% | -0.61% |
Max Drawdown (1Y)Largest decline over 1 year | -79.78% | -41.21% | -38.57% |
Max Drawdown (3Y)Largest decline over 3 years | -89.76% | -53.47% | -36.29% |
Max Drawdown (5Y)Largest decline over 5 years | — | -98.99% | — |
Current DrawdownCurrent decline from peak | -98.57% | -33.01% | -65.56% |
Average DrawdownAverage peak-to-trough decline | -88.78% | -38.24% | -50.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 53.78% | 18.79% | +34.99% |
Volatility
ARQQ vs. CVNA - Volatility Comparison
Arqit Quantum Inc. (ARQQ) has a higher volatility of 35.65% compared to Carvana Co. (CVNA) at 16.26%. This indicates that ARQQ's price experiences larger fluctuations and is considered to be riskier than CVNA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARQQ | CVNA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 35.65% | 16.26% | +19.39% |
Volatility (6M)Calculated over the trailing 6-month period | 64.49% | 42.02% | +22.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 104.65% | 60.04% | +44.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 134.12% | 111.17% | +22.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 134.12% | 99.32% | +34.80% |
Dividends
ARQQ vs. CVNA - Dividend Comparison
Neither ARQQ nor CVNA has paid dividends to shareholders.
Financials
ARQQ vs. CVNA - Financials Comparison
This section allows you to compare key financial metrics between Arqit Quantum Inc. and Carvana Co.. 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
Frequently Asked Questions
ARQQ and CVNA have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ARQQ has higher volatility (35.65%) compared to CVNA (16.26%). In terms of maximum drawdown, ARQQ dropped -99.60% vs CVNA's -98.99%.
CVNA currently has the higher Sharpe Ratio (0.01 vs -0.47), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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