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CVNA vs. APP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between CVNA and APP is 0.55, 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.


Performance

CVNA vs. APP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Carvana Co. (CVNA) and AppLovin Corporation (APP). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

CVNA:

1.92

APP:

3.31

Sortino Ratio

CVNA:

2.43

APP:

3.69

Omega Ratio

CVNA:

1.34

APP:

1.53

Calmar Ratio

CVNA:

1.97

APP:

6.49

Martin Ratio

CVNA:

9.48

APP:

16.67

Ulcer Index

CVNA:

15.23%

APP:

22.20%

Daily Std Dev

CVNA:

73.16%

APP:

92.68%

Max Drawdown

CVNA:

-98.99%

APP:

-91.90%

Current Drawdown

CVNA:

-24.45%

APP:

-31.80%

Fundamentals

Market Cap

CVNA:

$32.70B

APP:

$117.72B

EPS

CVNA:

$2.88

APP:

$5.52

PE Ratio

CVNA:

97.09

APP:

63.03

PEG Ratio

CVNA:

-0.13

APP:

2.25

PS Ratio

CVNA:

2.20

APP:

22.93

PB Ratio

CVNA:

27.63

APP:

204.59

Total Revenue (TTM)

CVNA:

$14.84B

APP:

$5.14B

Gross Profit (TTM)

CVNA:

$3.17B

APP:

$3.97B

EBITDA (TTM)

CVNA:

$1.05B

APP:

$2.63B

Returns By Period

In the year-to-date period, CVNA achieves a 37.50% return, which is significantly higher than APP's 7.43% return.


CVNA

YTD

37.50%

1M

35.61%

6M

11.82%

1Y

138.99%

5Y*

25.59%

10Y*

N/A

APP

YTD

7.43%

1M

39.19%

6M

21.46%

1Y

302.52%

5Y*

N/A

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

CVNA vs. APP — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CVNA
The Risk-Adjusted Performance Rank of CVNA is 9393
Overall Rank
The Sharpe Ratio Rank of CVNA is 9595
Sharpe Ratio Rank
The Sortino Ratio Rank of CVNA is 9090
Sortino Ratio Rank
The Omega Ratio Rank of CVNA is 9191
Omega Ratio Rank
The Calmar Ratio Rank of CVNA is 9393
Calmar Ratio Rank
The Martin Ratio Rank of CVNA is 9494
Martin Ratio Rank

APP
The Risk-Adjusted Performance Rank of APP is 9898
Overall Rank
The Sharpe Ratio Rank of APP is 9999
Sharpe Ratio Rank
The Sortino Ratio Rank of APP is 9797
Sortino Ratio Rank
The Omega Ratio Rank of APP is 9797
Omega Ratio Rank
The Calmar Ratio Rank of APP is 9999
Calmar Ratio Rank
The Martin Ratio Rank of APP is 9898
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CVNA vs. APP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Carvana Co. (CVNA) and AppLovin Corporation (APP). 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.


The current CVNA Sharpe Ratio is 1.92, which is lower than the APP Sharpe Ratio of 3.31. The chart below compares the historical Sharpe Ratios of CVNA and APP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

CVNA vs. APP - Dividend Comparison

Neither CVNA nor APP has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

CVNA vs. APP - Drawdown Comparison

The maximum CVNA drawdown since its inception was -98.99%, which is greater than APP's maximum drawdown of -91.90%. Use the drawdown chart below to compare losses from any high point for CVNA and APP. For additional features, visit the drawdowns tool.


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Volatility

CVNA vs. APP - Volatility Comparison

The current volatility for Carvana Co. (CVNA) is 18.49%, while AppLovin Corporation (APP) has a volatility of 24.12%. This indicates that CVNA experiences smaller price fluctuations and is considered to be less risky than APP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

CVNA vs. APP - Financials Comparison

This section allows you to compare key financial metrics between Carvana Co. and AppLovin 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.


Quarterly
Annual

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


0.001.00B2.00B3.00B4.00B20212022202320242025
4.23B
1.48B
(CVNA) Total Revenue
(APP) Total Revenue
Values in USD except per share items

CVNA vs. APP - Profitability Comparison

The chart below illustrates the profitability comparison between Carvana Co. and AppLovin Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

0.0%20.0%40.0%60.0%80.0%20212022202320242025
22.0%
81.7%
(CVNA) Gross Margin
(APP) Gross Margin
CVNA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Carvana Co. reported a gross profit of 929.00M and revenue of 4.23B. Therefore, the gross margin over that period was 22.0%.

APP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, AppLovin Corporation reported a gross profit of 1.21B and revenue of 1.48B. Therefore, the gross margin over that period was 81.7%.

CVNA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Carvana Co. reported an operating income of 394.00M and revenue of 4.23B, resulting in an operating margin of 9.3%.

APP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, AppLovin Corporation reported an operating income of 663.47M and revenue of 1.48B, resulting in an operating margin of 44.7%.

CVNA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Carvana Co. reported a net income of 216.00M and revenue of 4.23B, resulting in a net margin of 5.1%.

APP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, AppLovin Corporation reported a net income of 576.42M and revenue of 1.48B, resulting in a net margin of 38.8%.