ARVL vs. GOEV
Compare and contrast key facts about Arrival (ARVL) and Canoo Inc. (GOEV).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARVL or GOEV.
Key characteristics
| ARVL | GOEV | |
|---|---|---|
| YTD Return | -87.72% | -54.36% |
| 1Y Return | -94.14% | -84.24% |
| 3Y Return (Ann) | -95.04% | -76.48% |
| Sharpe Ratio | -0.18 | -0.61 |
| Daily Std Dev | 559.93% | 138.13% |
| Max Drawdown | -99.99% | -99.74% |
| Current Drawdown | -99.99% | -99.47% |
Fundamentals
| ARVL | GOEV | |
|---|---|---|
| Market Cap | $9.00M | $183.75M |
| EPS | -$6.69 | -$12.19 |
| Revenue (TTM) | $0.00 | $886.00K |
| Gross Profit (TTM) | $0.00 | $1.88M |
| EBITDA (TTM) | -$281.75M | -$253.98M |
Correlation
The correlation between ARVL and GOEV is 0.35, 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.
Performance
ARVL vs. GOEV - Performance Comparison
In the year-to-date period, ARVL achieves a -87.72% return, which is significantly lower than GOEV's -54.36% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ARVL vs. GOEV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Arrival (ARVL) and Canoo Inc. (GOEV). 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.
Dividends
ARVL vs. GOEV - Dividend Comparison
Neither ARVL nor GOEV has paid dividends to shareholders.
Drawdowns
ARVL vs. GOEV - Drawdown Comparison
The maximum ARVL drawdown since its inception was -99.99%, roughly equal to the maximum GOEV drawdown of -99.74%. Use the drawdown chart below to compare losses from any high point for ARVL and GOEV. For additional features, visit the drawdowns tool.
Volatility
ARVL vs. GOEV - Volatility Comparison
The current volatility for Arrival (ARVL) is 48.14%, while Canoo Inc. (GOEV) has a volatility of 51.40%. This indicates that ARVL experiences smaller price fluctuations and is considered to be less risky than GOEV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ARVL vs. GOEV - Financials Comparison
This section allows you to compare key financial metrics between Arrival and Canoo 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