PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
ENVX vs. RIVN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Key characteristics


ENVXRIVN
YTD Return-25.08%-54.86%
1Y Return-12.42%-30.92%
Sharpe Ratio-0.20-0.52
Sortino Ratio0.43-0.39
Omega Ratio1.050.95
Calmar Ratio-0.24-0.40
Martin Ratio-0.57-0.83
Ulcer Index35.18%45.65%
Daily Std Dev101.34%72.93%
Max Drawdown-83.70%-95.12%
Current Drawdown-73.81%-93.84%

Fundamentals


ENVXRIVN
Market Cap$1.77B$10.68B
EPS-$1.45-$5.95
Total Revenue (TTM)$20.74M$3.68B
Gross Profit (TTM)-$15.49M-$1.66B
EBITDA (TTM)-$120.30M-$4.99B

Correlation

-0.50.00.51.00.5

The correlation between ENVX and RIVN is 0.52, 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

ENVX vs. RIVN - Performance Comparison

In the year-to-date period, ENVX achieves a -25.08% return, which is significantly higher than RIVN's -54.86% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-20.00%0.00%20.00%40.00%60.00%80.00%100.00%120.00%JuneJulyAugustSeptemberOctoberNovember
10.23%
5.95%
ENVX
RIVN

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

ENVX vs. RIVN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Enovix Corp (ENVX) and Rivian Automotive, Inc. (RIVN). 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.


ENVX
Sharpe ratio
The chart of Sharpe ratio for ENVX, currently valued at -0.20, compared to the broader market-4.00-2.000.002.004.00-0.20
Sortino ratio
The chart of Sortino ratio for ENVX, currently valued at 0.43, compared to the broader market-4.00-2.000.002.004.006.000.43
Omega ratio
The chart of Omega ratio for ENVX, currently valued at 1.05, compared to the broader market0.501.001.502.001.05
Calmar ratio
The chart of Calmar ratio for ENVX, currently valued at -0.24, compared to the broader market0.002.004.006.00-0.24
Martin ratio
The chart of Martin ratio for ENVX, currently valued at -0.57, compared to the broader market0.0010.0020.0030.00-0.57
RIVN
Sharpe ratio
The chart of Sharpe ratio for RIVN, currently valued at -0.52, compared to the broader market-4.00-2.000.002.004.00-0.52
Sortino ratio
The chart of Sortino ratio for RIVN, currently valued at -0.39, compared to the broader market-4.00-2.000.002.004.006.00-0.39
Omega ratio
The chart of Omega ratio for RIVN, currently valued at 0.95, compared to the broader market0.501.001.502.000.95
Calmar ratio
The chart of Calmar ratio for RIVN, currently valued at -0.40, compared to the broader market0.002.004.006.00-0.40
Martin ratio
The chart of Martin ratio for RIVN, currently valued at -0.83, compared to the broader market0.0010.0020.0030.00-0.83

ENVX vs. RIVN - Sharpe Ratio Comparison

The current ENVX Sharpe Ratio is -0.20, which is higher than the RIVN Sharpe Ratio of -0.52. The chart below compares the historical Sharpe Ratios of ENVX and RIVN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.80-0.60-0.40-0.200.000.20JuneJulyAugustSeptemberOctoberNovember
-0.20
-0.52
ENVX
RIVN

Dividends

ENVX vs. RIVN - Dividend Comparison

Neither ENVX nor RIVN has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

ENVX vs. RIVN - Drawdown Comparison

The maximum ENVX drawdown since its inception was -83.70%, smaller than the maximum RIVN drawdown of -95.12%. Use the drawdown chart below to compare losses from any high point for ENVX and RIVN. For additional features, visit the drawdowns tool.


-90.00%-80.00%-70.00%-60.00%-50.00%JuneJulyAugustSeptemberOctoberNovember
-73.81%
-93.84%
ENVX
RIVN

Volatility

ENVX vs. RIVN - Volatility Comparison

Enovix Corp (ENVX) has a higher volatility of 28.83% compared to Rivian Automotive, Inc. (RIVN) at 14.92%. This indicates that ENVX's price experiences larger fluctuations and is considered to be riskier than RIVN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%50.00%JuneJulyAugustSeptemberOctoberNovember
28.83%
14.92%
ENVX
RIVN

Financials

ENVX vs. RIVN - Financials Comparison

This section allows you to compare key financial metrics between Enovix Corp and Rivian Automotive, 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.


Quarterly
Annual

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



Values in USD except per share items