CSIQ vs. SBR
Compare and contrast key facts about Canadian Solar Inc. (CSIQ) and Sabine Royalty Trust (SBR).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CSIQ or SBR.
Correlation
The correlation between CSIQ and SBR is 0.23, 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. SBR - Performance Comparison
Key characteristics
CSIQ:
-0.73
SBR:
0.06
CSIQ:
-0.96
SBR:
0.22
CSIQ:
0.89
SBR:
1.03
CSIQ:
-0.65
SBR:
0.04
CSIQ:
-1.38
SBR:
0.18
CSIQ:
38.90%
SBR:
6.76%
CSIQ:
73.39%
SBR:
21.66%
CSIQ:
-96.02%
SBR:
-56.41%
CSIQ:
-82.35%
SBR:
-18.22%
Fundamentals
CSIQ:
$772.26M
SBR:
$917.18M
CSIQ:
-$0.14
SBR:
$6.49
CSIQ:
0.16
SBR:
0.00
CSIQ:
$6.11B
SBR:
$97.83M
CSIQ:
$1.06B
SBR:
$97.83M
CSIQ:
$544.92M
SBR:
$94.30M
Returns By Period
In the year-to-date period, CSIQ achieves a -56.84% return, which is significantly lower than SBR's -0.54% return. Over the past 10 years, CSIQ has underperformed SBR with an annualized return of -6.40%, while SBR has yielded a comparatively higher 13.84% annualized return.
CSIQ
-56.84%
1.52%
-30.04%
-55.26%
-11.79%
-6.40%
SBR
-0.54%
0.22%
1.56%
-0.32%
20.04%
13.84%
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Risk-Adjusted Performance
CSIQ vs. SBR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Canadian Solar Inc. (CSIQ) and Sabine Royalty Trust (SBR). 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. SBR - Dividend Comparison
CSIQ has not paid dividends to shareholders, while SBR's dividend yield for the trailing twelve months is around 8.80%.
| 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% |
SBR Sabine Royalty Trust | 8.80% | 9.41% | 10.13% | 7.72% | 8.59% | 7.49% | 8.98% | 5.31% | 5.50% | 11.82% | 11.45% | 7.75% |
Drawdowns
CSIQ vs. SBR - Drawdown Comparison
The maximum CSIQ drawdown since its inception was -96.02%, which is greater than SBR's maximum drawdown of -56.41%. Use the drawdown chart below to compare losses from any high point for CSIQ and SBR. For additional features, visit the drawdowns tool.
Volatility
CSIQ vs. SBR - Volatility Comparison
Canadian Solar Inc. (CSIQ) has a higher volatility of 20.63% compared to Sabine Royalty Trust (SBR) at 6.75%. This indicates that CSIQ's price experiences larger fluctuations and is considered to be riskier than SBR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
CSIQ vs. SBR - Financials Comparison
This section allows you to compare key financial metrics between Canadian Solar Inc. and Sabine Royalty Trust. 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