CSIQ vs. AQN.TO
Compare and contrast key facts about Canadian Solar Inc. (CSIQ) and Algonquin Power & Utilities Corp. (AQN.TO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CSIQ or AQN.TO.
Key characteristics
| CSIQ | AQN.TO | |
|---|---|---|
| YTD Return | -33.05% | 10.59% |
| 1Y Return | -52.63% | -17.97% |
| 3Y Return (Ann) | -23.82% | -17.49% |
| 5Y Return (Ann) | -1.43% | -4.96% |
| 10Y Return (Ann) | -3.97% | 6.62% |
| Sharpe Ratio | -1.07 | -0.64 |
| Daily Std Dev | 49.28% | 28.14% |
| Max Drawdown | -96.02% | -78.58% |
| Current Drawdown | -72.63% | -51.30% |
Fundamentals
| CSIQ | AQN.TO | |
|---|---|---|
| Market Cap | $1.11B | CA$6.17B |
| EPS | $3.87 | CA$0.04 |
| PE Ratio | 4.34 | 223.50 |
| PEG Ratio | 0.19 | 1.41 |
| Revenue (TTM) | $7.61B | CA$2.70B |
| Gross Profit (TTM) | $1.26B | CA$1.05B |
| EBITDA (TTM) | $777.44M | CA$944.79M |
Correlation
The correlation between CSIQ and AQN.TO is 0.25, 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
CSIQ vs. AQN.TO - Performance Comparison
In the year-to-date period, CSIQ achieves a -33.05% return, which is significantly lower than AQN.TO's 10.59% return. Over the past 10 years, CSIQ has underperformed AQN.TO with an annualized return of -3.97%, while AQN.TO has yielded a comparatively higher 6.62% annualized 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
CSIQ vs. AQN.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Canadian Solar Inc. (CSIQ) and Algonquin Power & Utilities Corp. (AQN.TO). 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
CSIQ vs. AQN.TO - Dividend Comparison
CSIQ has not paid dividends to shareholders, while AQN.TO's dividend yield for the trailing twelve months is around 6.39%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CSIQ Canadian Solar Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AQN.TO Algonquin Power & Utilities Corp. | 6.39% | 6.94% | 10.63% | 4.61% | 3.90% | 3.96% | 4.82% | 4.27% | 4.82% | 4.50% | 3.83% | 4.53% |
Drawdowns
CSIQ vs. AQN.TO - Drawdown Comparison
The maximum CSIQ drawdown since its inception was -96.02%, which is greater than AQN.TO's maximum drawdown of -78.58%. Use the drawdown chart below to compare losses from any high point for CSIQ and AQN.TO. For additional features, visit the drawdowns tool.
Volatility
CSIQ vs. AQN.TO - Volatility Comparison
Canadian Solar Inc. (CSIQ) has a higher volatility of 18.29% compared to Algonquin Power & Utilities Corp. (AQN.TO) at 9.46%. This indicates that CSIQ's price experiences larger fluctuations and is considered to be riskier than AQN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
CSIQ vs. AQN.TO - Financials Comparison
This section allows you to compare key financial metrics between Canadian Solar Inc. and Algonquin Power & Utilities Corp.. 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