BYND vs. TSLA
Compare and contrast key facts about Beyond Meat, Inc. (BYND) and Tesla, Inc. (TSLA).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BYND or TSLA.
Correlation
The correlation between BYND and TSLA is 0.33, 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
BYND vs. TSLA - Performance Comparison
Key characteristics
BYND:
-0.88
TSLA:
1.19
BYND:
-1.67
TSLA:
1.97
BYND:
0.82
TSLA:
1.24
BYND:
-0.67
TSLA:
1.14
BYND:
-1.77
TSLA:
3.26
BYND:
37.37%
TSLA:
22.88%
BYND:
74.95%
TSLA:
62.89%
BYND:
-98.55%
TSLA:
-73.63%
BYND:
-98.55%
TSLA:
-8.28%
Fundamentals
BYND:
$247.77M
TSLA:
$1.54T
BYND:
-$4.19
TSLA:
$3.66
BYND:
40.75
TSLA:
12.84
BYND:
$323.47M
TSLA:
$97.15B
BYND:
-$53.77M
TSLA:
$17.71B
BYND:
-$218.56M
TSLA:
$13.83B
Returns By Period
In the year-to-date period, BYND achieves a -61.69% return, which is significantly lower than TSLA's 77.13% return.
BYND
-61.69%
-30.12%
-48.10%
-62.98%
-46.45%
N/A
TSLA
77.13%
29.93%
138.09%
71.11%
75.02%
40.66%
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Risk-Adjusted Performance
BYND vs. TSLA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Beyond Meat, Inc. (BYND) and Tesla, Inc. (TSLA). 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. TSLA - Dividend Comparison
Neither BYND nor TSLA has paid dividends to shareholders.
Drawdowns
BYND vs. TSLA - Drawdown Comparison
The maximum BYND drawdown since its inception was -98.55%, which is greater than TSLA's maximum drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for BYND and TSLA. For additional features, visit the drawdowns tool.
Volatility
BYND vs. TSLA - Volatility Comparison
Beyond Meat, Inc. (BYND) and Tesla, Inc. (TSLA) have volatilities of 15.89% and 16.51%, 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. TSLA - Financials Comparison
This section allows you to compare key financial metrics between Beyond Meat, Inc. and Tesla, 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