PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
CSIQ vs. JKS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Performance

CSIQ vs. JKS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Canadian Solar Inc. (CSIQ) and JinkoSolar Holding Co., Ltd. (JKS). The values are adjusted to include any dividend payments, if applicable.

-40.00%-30.00%-20.00%-10.00%0.00%10.00%20.00%JuneJulyAugustSeptemberOctoberNovember
-35.13%
-15.16%
CSIQ
JKS

Returns By Period

In the year-to-date period, CSIQ achieves a -55.01% return, which is significantly lower than JKS's -34.43% return. Over the past 10 years, CSIQ has underperformed JKS with an annualized return of -8.15%, while JKS has yielded a comparatively higher 0.09% annualized return.


CSIQ

YTD

-55.01%

1M

-6.57%

6M

-35.13%

1Y

-42.77%

5Y (annualized)

-4.60%

10Y (annualized)

-8.15%

JKS

YTD

-34.43%

1M

9.75%

6M

-15.17%

1Y

-27.09%

5Y (annualized)

7.95%

10Y (annualized)

0.09%

Fundamentals


CSIQJKS
Market Cap$780.86M$1.03B
EPS$0.48$0.76
PE Ratio24.5827.39
PEG Ratio0.130.26
Total Revenue (TTM)$4.60B$104.44B
Gross Profit (TTM)$816.94M$13.36B
EBITDA (TTM)$531.18M$6.11B

Key characteristics


CSIQJKS
Sharpe Ratio-0.60-0.37
Sortino Ratio-0.61-0.10
Omega Ratio0.930.99
Calmar Ratio-0.52-0.35
Martin Ratio-1.20-0.82
Ulcer Index36.00%33.75%
Daily Std Dev71.87%74.00%
Max Drawdown-96.02%-94.84%
Current Drawdown-81.61%-71.09%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Correlation

-0.50.00.51.00.7

The correlation between CSIQ and JKS is 0.69, 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.

Risk-Adjusted Performance

CSIQ vs. JKS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Canadian Solar Inc. (CSIQ) and JinkoSolar Holding Co., Ltd. (JKS). 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.


Sharpe ratio
The chart of Sharpe ratio for CSIQ, currently valued at -0.60, compared to the broader market-4.00-2.000.002.004.00-0.60-0.37
The chart of Sortino ratio for CSIQ, currently valued at -0.61, compared to the broader market-4.00-2.000.002.004.00-0.61-0.10
The chart of Omega ratio for CSIQ, currently valued at 0.93, compared to the broader market0.501.001.502.000.930.99
The chart of Calmar ratio for CSIQ, currently valued at -0.52, compared to the broader market0.002.004.006.00-0.52-0.35
The chart of Martin ratio for CSIQ, currently valued at -1.20, compared to the broader market-10.000.0010.0020.0030.00-1.20-0.82
CSIQ
JKS

The current CSIQ Sharpe Ratio is -0.60, which is lower than the JKS Sharpe Ratio of -0.37. The chart below compares the historical Sharpe Ratios of CSIQ and JKS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio-1.00-0.500.000.50JuneJulyAugustSeptemberOctoberNovember
-0.60
-0.37
CSIQ
JKS

Dividends

CSIQ vs. JKS - Dividend Comparison

CSIQ has not paid dividends to shareholders, while JKS's dividend yield for the trailing twelve months is around 13.39%.


TTM2023
CSIQ
Canadian Solar Inc.
0.00%0.00%
JKS
JinkoSolar Holding Co., Ltd.
6.69%4.06%

Drawdowns

CSIQ vs. JKS - Drawdown Comparison

The maximum CSIQ drawdown since its inception was -96.02%, roughly equal to the maximum JKS drawdown of -94.84%. Use the drawdown chart below to compare losses from any high point for CSIQ and JKS. For additional features, visit the drawdowns tool.


-80.00%-75.00%-70.00%-65.00%-60.00%JuneJulyAugustSeptemberOctoberNovember
-81.61%
-71.09%
CSIQ
JKS

Volatility

CSIQ vs. JKS - Volatility Comparison

Canadian Solar Inc. (CSIQ) has a higher volatility of 35.45% compared to JinkoSolar Holding Co., Ltd. (JKS) at 32.17%. This indicates that CSIQ's price experiences larger fluctuations and is considered to be riskier than JKS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


15.00%20.00%25.00%30.00%35.00%40.00%JuneJulyAugustSeptemberOctoberNovember
35.45%
32.17%
CSIQ
JKS

Financials

CSIQ vs. JKS - Financials Comparison

This section allows you to compare key financial metrics between Canadian Solar Inc. and JinkoSolar Holding Co., Ltd.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items