ELV vs. FSLR
Compare and contrast key facts about Elevance Health Inc (ELV) and First Solar, Inc. (FSLR).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ELV or FSLR.
Correlation
The correlation between ELV and FSLR is 0.21, 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
ELV vs. FSLR - Performance Comparison
Key characteristics
ELV:
-0.83
FSLR:
0.21
ELV:
-0.99
FSLR:
0.71
ELV:
0.86
FSLR:
1.08
ELV:
-0.56
FSLR:
0.20
ELV:
-1.54
FSLR:
0.50
ELV:
12.50%
FSLR:
21.69%
ELV:
23.28%
FSLR:
52.57%
ELV:
-67.19%
FSLR:
-96.22%
ELV:
-34.45%
FSLR:
-41.38%
Fundamentals
ELV:
$84.95B
FSLR:
$20.16B
ELV:
$27.47
FSLR:
$11.62
ELV:
13.33
FSLR:
16.20
ELV:
0.68
FSLR:
0.28
ELV:
$174.02B
FSLR:
$3.85B
ELV:
$48.61B
FSLR:
$1.79B
ELV:
$10.82B
FSLR:
$1.74B
Returns By Period
In the year-to-date period, ELV achieves a -21.35% return, which is significantly lower than FSLR's 5.87% return. Over the past 10 years, ELV has underperformed FSLR with an annualized return of 12.72%, while FSLR has yielded a comparatively higher 15.30% annualized return.
ELV
-21.35%
-7.55%
-31.04%
-20.08%
5.15%
12.72%
FSLR
5.87%
-1.33%
-29.54%
7.26%
26.10%
15.30%
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Risk-Adjusted Performance
ELV vs. FSLR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Elevance Health Inc (ELV) and First Solar, Inc. (FSLR). 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
ELV vs. FSLR - Dividend Comparison
ELV's dividend yield for the trailing twelve months is around 1.78%, while FSLR has not paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Elevance Health Inc | 1.78% | 1.26% | 1.00% | 0.98% | 1.18% | 1.06% | 1.14% | 1.20% | 1.81% | 1.79% | 1.39% | 1.62% |
First 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% |
Drawdowns
ELV vs. FSLR - Drawdown Comparison
The maximum ELV drawdown since its inception was -67.19%, smaller than the maximum FSLR drawdown of -96.22%. Use the drawdown chart below to compare losses from any high point for ELV and FSLR. For additional features, visit the drawdowns tool.
Volatility
ELV vs. FSLR - Volatility Comparison
The current volatility for Elevance Health Inc (ELV) is 7.00%, while First Solar, Inc. (FSLR) has a volatility of 12.48%. This indicates that ELV experiences smaller price fluctuations and is considered to be less risky than FSLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ELV vs. FSLR - Financials Comparison
This section allows you to compare key financial metrics between Elevance Health Inc and First Solar, Inc.. 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