CEVA vs. AMBA
CEVA (CEVA, Inc.) and AMBA (Ambarella, Inc.) are both stocks. Both are in the Technology sector — CEVA in Semiconductors, AMBA in Semiconductor Equipment & Materials. Over the past 10 years, CEVA returned 6.37%/yr vs 3.62%/yr for AMBA. A 0.51 correlation means they provide meaningful diversification when combined.
Performance
CEVA vs. AMBA - Performance Comparison
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Returns By Period
In the year-to-date period, CEVA achieves a 124.95% return, which is significantly higher than AMBA's -0.18% return. Over the past 10 years, CEVA has outperformed AMBA with an annualized return of 6.37%, while AMBA has yielded a comparatively lower 3.62% annualized return.
CEVA
- 1D
- -2.63%
- 1M
- 22.77%
- YTD
- 124.95%
- 6M
- 124.02%
- 1Y
- 134.54%
- 3Y*
- 27.73%
- 5Y*
- 1.84%
- 10Y*
- 6.37%
AMBA
- 1D
- 1.06%
- 1M
- -19.23%
- YTD
- -0.18%
- 6M
- -2.90%
- 1Y
- 36.82%
- 3Y*
- -3.38%
- 5Y*
- -7.51%
- 10Y*
- 3.62%
CEVA vs. AMBA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CEVA CEVA, Inc. | 124.95% | -31.79% | 38.93% | -11.22% | -40.84% | -4.97% | 68.77% | 22.05% | -52.13% | 37.56% |
AMBA Ambarella, Inc. | -0.18% | -2.61% | 18.68% | -25.47% | -59.47% | 120.96% | 51.62% | 73.13% | -40.46% | 8.54% |
Correlation
The correlation between CEVA and AMBA is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.63 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.68 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Oct 10, 2012 | 0.51 |
The correlation between CEVA and AMBA shifts across timeframes, from 0.51 (all time) to 0.68 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
CEVA:
$1.34B
AMBA:
$3.08B
CEVA:
-$0.47
AMBA:
-$1.62
CEVA:
10.89
AMBA:
7.49
CEVA:
3.96
AMBA:
5.09
CEVA:
$112.38M
AMBA:
$405.19M
CEVA:
$97.98M
AMBA:
$238.32M
CEVA:
-$5.96M
AMBA:
-$69.43M
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Return for Risk
CEVA vs. AMBA — Risk / Return Rank
CEVA
AMBA
CEVA vs. AMBA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CEVA, Inc. (CEVA) and Ambarella, Inc. (AMBA). 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.
| CEVA | AMBA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.57 | ||
| Sortino ratioReturn per unit of downside risk | +1.44 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.17 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 3.09 | 0.75 | +2.33 |
| Martin ratioReturn relative to average drawdown | 6.37 | 1.54 | +4.84 |
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Drawdowns
CEVA vs. AMBA - Drawdown Comparison
The maximum CEVA drawdown since its inception was -78.24%, roughly equal to the maximum AMBA drawdown of -81.65%. Use the drawdown chart below to compare losses from any high point for CEVA and AMBA.
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Drawdown Indicators
| CEVA | AMBA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.24% | -81.65% | +3.41% |
Max Drawdown (1Y)Largest decline over 1 year | -43.87% | -49.06% | +5.19% |
Max Drawdown (3Y)Largest decline over 3 years | -55.23% | -53.19% | -2.04% |
Max Drawdown (5Y)Largest decline over 5 years | -68.24% | -81.65% | +13.41% |
Max Drawdown (10Y)Largest decline over 10 years | -78.24% | -81.65% | +3.41% |
Current DrawdownCurrent decline from peak | -34.68% | -67.39% | +32.71% |
Average DrawdownAverage peak-to-trough decline | -38.61% | -48.45% | +9.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.19% | 24.00% | -2.81% |
Volatility
CEVA vs. AMBA - Volatility Comparison
The current volatility for CEVA, Inc. (CEVA) is 29.17%, while Ambarella, Inc. (AMBA) has a volatility of 33.86%. This indicates that CEVA experiences smaller price fluctuations and is considered to be less risky than AMBA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CEVA | AMBA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 29.17% | 33.86% | -4.69% |
Volatility (6M)Calculated over the trailing 6-month period | 49.52% | 49.40% | +0.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.15% | 67.85% | -3.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.51% | 63.33% | -8.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.07% | 56.89% | -5.82% |
Dividends
CEVA vs. AMBA - Dividend Comparison
Neither CEVA nor AMBA has paid dividends to shareholders.
Financials
CEVA vs. AMBA - Financials Comparison
This section allows you to compare key financial metrics between CEVA, Inc. and Ambarella, 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
CEVA vs. AMBA - Profitability Comparison
CEVA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CEVA, Inc. reported a gross profit of 23.30M and revenue of 27.02M. Therefore, the gross margin over that period was 86.2%.
AMBA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ambarella, Inc. reported a gross profit of 58.59M and revenue of 100.36M. Therefore, the gross margin over that period was 58.4%.
CEVA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CEVA, Inc. reported an operating income of -4.97M and revenue of 27.02M, resulting in an operating margin of -18.4%.
AMBA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ambarella, Inc. reported an operating income of -19.42M and revenue of 100.36M, resulting in an operating margin of -19.4%.
CEVA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CEVA, Inc. reported a net income of -4.46M and revenue of 27.02M, resulting in a net margin of -16.5%.
AMBA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ambarella, Inc. reported a net income of -18.09M and revenue of 100.36M, resulting in a net margin of -18.0%.
Frequently Asked Questions
CEVA and AMBA have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMBA has higher volatility (33.86%) compared to CEVA (29.17%). In terms of maximum drawdown, CEVA dropped -78.24% vs AMBA's -81.65%.
CEVA currently has the higher Sharpe Ratio (2.11 vs 0.55), 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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