BYND vs. OTLY
Compare and contrast key facts about Beyond Meat, Inc. (BYND) and Oatly Group AB (OTLY).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BYND or OTLY.
Correlation
The correlation between BYND and OTLY is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BYND vs. OTLY - Performance Comparison
Key characteristics
BYND:
-0.90
OTLY:
-0.63
BYND:
-1.57
OTLY:
-0.69
BYND:
0.83
OTLY:
0.91
BYND:
-0.61
OTLY:
-0.56
BYND:
-1.65
OTLY:
-1.40
BYND:
36.51%
OTLY:
39.74%
BYND:
66.85%
OTLY:
88.19%
BYND:
-98.70%
OTLY:
-98.81%
BYND:
-98.68%
OTLY:
-98.27%
Fundamentals
BYND:
$235.25M
OTLY:
$297.78M
BYND:
-$2.43
OTLY:
-$6.80
BYND:
$250.85M
OTLY:
$624.51M
BYND:
$37.33M
OTLY:
$182.59M
BYND:
-$86.64M
OTLY:
-$40.17M
Returns By Period
In the year-to-date period, BYND achieves a -17.82% return, which is significantly higher than OTLY's -24.96% return.
BYND
-17.82%
0.32%
-53.95%
-59.45%
-44.86%
N/A
OTLY
-24.96%
11.30%
-41.95%
-53.50%
N/A
N/A
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Risk-Adjusted Performance
BYND vs. OTLY — Risk-Adjusted Performance Rank
BYND
OTLY
BYND vs. OTLY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Beyond Meat, Inc. (BYND) and Oatly Group AB (OTLY). 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
BYND vs. OTLY - Dividend Comparison
Neither BYND nor OTLY has paid dividends to shareholders.
Drawdowns
BYND vs. OTLY - Drawdown Comparison
The maximum BYND drawdown since its inception was -98.70%, roughly equal to the maximum OTLY drawdown of -98.81%. Use the drawdown chart below to compare losses from any high point for BYND and OTLY. For additional features, visit the drawdowns tool.
Volatility
BYND vs. OTLY - Volatility Comparison
Beyond Meat, Inc. (BYND) and Oatly Group AB (OTLY) have volatilities of 15.84% and 15.78%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
BYND vs. OTLY - Financials Comparison
This section allows you to compare key financial metrics between Beyond Meat, Inc. and Oatly Group AB. 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