CSIQ vs. JKS
Compare and contrast key facts about Canadian Solar Inc. (CSIQ) and JinkoSolar Holding Co., Ltd. (JKS).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CSIQ or JKS.
Performance
CSIQ vs. JKS - Performance Comparison
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
-55.01%
-6.57%
-35.13%
-42.77%
-4.60%
-8.15%
JKS
-34.43%
9.75%
-15.17%
-27.09%
7.95%
0.09%
Fundamentals
CSIQ | JKS | |
---|---|---|
Market Cap | $780.86M | $1.03B |
EPS | $0.48 | $0.76 |
PE Ratio | 24.58 | 27.39 |
PEG Ratio | 0.13 | 0.26 |
Total Revenue (TTM) | $4.60B | $104.44B |
Gross Profit (TTM) | $816.94M | $13.36B |
EBITDA (TTM) | $531.18M | $6.11B |
Key characteristics
CSIQ | JKS | |
---|---|---|
Sharpe Ratio | -0.60 | -0.37 |
Sortino Ratio | -0.61 | -0.10 |
Omega Ratio | 0.93 | 0.99 |
Calmar Ratio | -0.52 | -0.35 |
Martin Ratio | -1.20 | -0.82 |
Ulcer Index | 36.00% | 33.75% |
Daily Std Dev | 71.87% | 74.00% |
Max Drawdown | -96.02% | -94.84% |
Current Drawdown | -81.61% | -71.09% |
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Correlation
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.
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%.
TTM | 2023 | |
---|---|---|
Canadian Solar Inc. | 0.00% | 0.00% |
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.
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.
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.
Total Revenue: Total amount of money received from sales and other business activities