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ENVX vs. ROIV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between ENVX and ROIV is 0.28, 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.


-0.50.00.51.00.3

Performance

ENVX vs. ROIV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Enovix Corp (ENVX) and Roivant Sciences Ltd. (ROIV). The values are adjusted to include any dividend payments, if applicable.

-60.00%-40.00%-20.00%0.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
-38.44%
10.52%
ENVX
ROIV

Key characteristics

Sharpe Ratio

ENVX:

-0.27

ROIV:

0.44

Sortino Ratio

ENVX:

0.28

ROIV:

0.90

Omega Ratio

ENVX:

1.03

ROIV:

1.10

Calmar Ratio

ENVX:

-0.33

ROIV:

0.50

Martin Ratio

ENVX:

-0.75

ROIV:

1.82

Ulcer Index

ENVX:

37.08%

ROIV:

7.45%

Daily Std Dev

ENVX:

103.10%

ROIV:

30.73%

Max Drawdown

ENVX:

-83.70%

ROIV:

-79.22%

Current Drawdown

ENVX:

-72.05%

ROIV:

-11.46%

Fundamentals

Market Cap

ENVX:

$1.63B

ROIV:

$8.84B

EPS

ENVX:

-$1.45

ROIV:

$5.54

Total Revenue (TTM)

ENVX:

$20.74M

ROIV:

$125.68M

Gross Profit (TTM)

ENVX:

-$15.49M

ROIV:

$111.57M

EBITDA (TTM)

ENVX:

-$120.30M

ROIV:

$4.40B

Returns By Period

In the year-to-date period, ENVX achieves a -20.05% return, which is significantly lower than ROIV's 6.59% return.


ENVX

YTD

-20.05%

1M

6.15%

6M

-16.86%

1Y

-25.47%

5Y*

N/A

10Y*

N/A

ROIV

YTD

6.59%

1M

-4.47%

6M

9.72%

1Y

9.92%

5Y*

N/A

10Y*

N/A

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Risk-Adjusted Performance

ENVX vs. ROIV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Enovix Corp (ENVX) and Roivant Sciences Ltd. (ROIV). 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.


Sharpe ratio
The chart of Sharpe ratio for ENVX, currently valued at -0.27, compared to the broader market-4.00-2.000.002.00-0.270.44
The chart of Sortino ratio for ENVX, currently valued at 0.28, compared to the broader market-4.00-2.000.002.004.000.280.90
The chart of Omega ratio for ENVX, currently valued at 1.03, compared to the broader market0.501.001.502.001.031.10
The chart of Calmar ratio for ENVX, currently valued at -0.33, compared to the broader market0.002.004.006.00-0.330.50
The chart of Martin ratio for ENVX, currently valued at -0.75, compared to the broader market-5.000.005.0010.0015.0020.0025.00-0.751.82
ENVX
ROIV

The current ENVX Sharpe Ratio is -0.27, which is lower than the ROIV Sharpe Ratio of 0.44. The chart below compares the historical Sharpe Ratios of ENVX and ROIV, 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-0.500.000.501.00JulyAugustSeptemberOctoberNovemberDecember
-0.27
0.44
ENVX
ROIV

Dividends

ENVX vs. ROIV - Dividend Comparison

Neither ENVX nor ROIV has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

ENVX vs. ROIV - Drawdown Comparison

The maximum ENVX drawdown since its inception was -83.70%, which is greater than ROIV's maximum drawdown of -79.22%. Use the drawdown chart below to compare losses from any high point for ENVX and ROIV. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-72.05%
-11.46%
ENVX
ROIV

Volatility

ENVX vs. ROIV - Volatility Comparison

Enovix Corp (ENVX) has a higher volatility of 27.48% compared to Roivant Sciences Ltd. (ROIV) at 10.03%. This indicates that ENVX's price experiences larger fluctuations and is considered to be riskier than ROIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%30.00%35.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
27.48%
10.03%
ENVX
ROIV

Financials

ENVX vs. ROIV - Financials Comparison

This section allows you to compare key financial metrics between Enovix Corp and Roivant Sciences Ltd.. 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
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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