CVGI vs. BYD
CVGI (Commercial Vehicle Group, Inc.) and BYD (Boyd Gaming Corporation) are both stocks. Both are in the Consumer Cyclical sector — CVGI in Auto Parts, BYD in Resorts & Casinos. Over the past 10 years, CVGI returned 1.23%/yr vs 16.96%/yr for BYD. Their 0.36 correlation means their historical movements had little consistent relationship.
Performance
CVGI vs. BYD - Performance Comparison
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Returns By Period
In the year-to-date period, CVGI achieves a 214.58% return, which is significantly higher than BYD's 0.26% return. Over the past 10 years, CVGI has underperformed BYD with an annualized return of 1.23%, while BYD has yielded a comparatively higher 16.96% annualized return.
CVGI
- 1D
- 4.38%
- 1M
- 2.95%
- 6M
- 202.00%
- YTD
- 214.58%
- 1Y
- 169.64%
- 3Y*
- -24.82%
- 5Y*
- -13.10%
- 10Y*
- 1.23%
- ALL TIME*
- -4.72%
BYD
- 1D
- -2.29%
- 1M
- -3.23%
- 6M
- 1.09%
- YTD
- 0.26%
- 1Y
- 2.60%
- 3Y*
- 8.85%
- 5Y*
- 9.39%
- 10Y*
- 16.96%
- ALL TIME*
- 4.26%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $105.45M | $89.68M | $88.22M | |
| $1.59M | $1.59M | $2.65M |
CVGI vs. BYD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CVGI Commercial Vehicle Group, Inc. | 214.58% | -41.94% | -64.62% | 2.94% | -15.51% | -6.82% | 36.22% | 11.40% | -46.68% | 93.31% |
BYD Boyd Gaming Corporation | 0.26% | 18.61% | 17.13% | 15.99% | -15.74% | 52.77% | 43.35% | 45.51% | -40.25% | 74.70% |
Correlation
The correlation between CVGI and BYD is 0.23, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.23 |
Correlation (3Y) Balances recent behavior with more history. | 0.31 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.34 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.35 |
Correlation (All Time) Calculated using the full available price history since Aug 9, 2004 | 0.36 |
The correlation between CVGI and BYD shifts across timeframes, from 0.23 (1 year) to 0.36 (all time), reflecting how their relationship changes across market environments.
Fundamentals
CVGI:
$177.22M
BYD:
$6.32B
CVGI:
-$0.51
BYD:
$23.36
CVGI:
0.24
BYD:
1.61
CVGI:
1.23
BYD:
2.55
CVGI:
$650.70M
BYD:
$4.10B
CVGI:
$74.77M
BYD:
$1.52B
CVGI:
$37.05M
BYD:
$2.76B
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Return for Risk
CVGI vs. BYD — Risk / Return Rank
CVGI
BYD
CVGI vs. BYD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Commercial Vehicle Group, Inc. (CVGI) and Boyd Gaming Corporation (BYD). 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.
| CVGI | BYD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.95 | ||
| Sortino ratioReturn per unit of downside risk | +2.73 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.03 | +0.32 |
| Calmar ratioReturn relative to maximum drawdown | 5.29 | 0.09 | +5.20 |
| Martin ratioReturn relative to average drawdown | 11.39 | 0.20 | +11.20 |
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Drawdowns
CVGI vs. BYD - Drawdown Comparison
The maximum CVGI drawdown since its inception was -98.04%, roughly equal to the maximum BYD drawdown of -94.49%. Use the drawdown chart below to compare losses from any high point for CVGI and BYD.
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Drawdown Indicators
| CVGI | BYD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.04% | -94.49% | -3.55% |
Max Drawdown (1Y)Largest decline over 1 year | -31.98% | -12.59% | -19.39% |
Max Drawdown (3Y)Largest decline over 3 years | -92.05% | -25.58% | -66.47% |
Max Drawdown (5Y)Largest decline over 5 years | -92.71% | -34.58% | -58.13% |
Max Drawdown (10Y)Largest decline over 10 years | -93.80% | -80.01% | -13.79% |
Current DrawdownCurrent decline from peak | -81.12% | -6.79% | -74.33% |
Average DrawdownAverage peak-to-trough decline | -62.71% | -50.48% | -12.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.81% | 5.63% | +9.18% |
Volatility
CVGI vs. BYD - Volatility Comparison
Commercial Vehicle Group, Inc. (CVGI) has a higher volatility of 18.66% compared to Boyd Gaming Corporation (BYD) at 7.85%. This indicates that CVGI's price experiences larger fluctuations and is considered to be riskier than BYD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CVGI | BYD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.66% | 7.85% | +10.81% |
Volatility (6M)Calculated over the trailing 6-month period | 70.37% | 20.81% | +49.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 84.78% | 26.27% | +58.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 64.36% | 31.46% | +32.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 68.71% | 43.18% | +25.53% |
Dividends
CVGI vs. BYD - Dividend Comparison
CVGI has not paid dividends to shareholders, while BYD's dividend yield for the trailing twelve months is around 0.89%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
BYD Boyd Gaming Corporation | 0.89% | 0.84% | 0.94% | 1.02% | 1.36% | 0.00% | 0.00% | 0.90% | 1.11% | 0.43% |
CVGI Commercial Vehicle Group, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
CVGI vs. BYD - Financials Comparison
This section allows you to compare key financial metrics between Commercial Vehicle Group, Inc. and Boyd Gaming Corporation. 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
CVGI vs. BYD - Profitability Comparison
CVGI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Commercial Vehicle Group, Inc. reported a gross profit of 19.82M and revenue of 171.50M. Therefore, the gross margin over that period was 11.6%.
BYD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Boyd Gaming Corporation reported a gross profit of 429.06M and revenue of 1.03B. Therefore, the gross margin over that period was 41.5%.
CVGI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Commercial Vehicle Group, Inc. reported an operating income of 14.71M and revenue of 171.50M, resulting in an operating margin of 8.6%.
BYD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Boyd Gaming Corporation reported an operating income of 200.70M and revenue of 1.03B, resulting in an operating margin of 19.4%.
CVGI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Commercial Vehicle Group, Inc. reported a net income of 902.00K and revenue of 171.50M, resulting in a net margin of 0.5%.
BYD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Boyd Gaming Corporation reported a net income of 131.23M and revenue of 1.03B, resulting in a net margin of 12.7%.
Frequently Asked Questions
CVGI and BYD have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CVGI has higher volatility (18.66%) compared to BYD (7.85%). In terms of maximum drawdown, CVGI dropped -98.04% vs BYD's -94.49%.
CVGI currently has the higher Sharpe Ratio (2.00 vs 0.04), 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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