ERIC vs. TSLA
Compare and contrast key facts about Telefonaktiebolaget LM Ericsson (publ) (ERIC) and Tesla, Inc. (TSLA).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ERIC or TSLA.
Performance
ERIC vs. TSLA - Performance Comparison
Returns By Period
In the year-to-date period, ERIC achieves a 32.49% return, which is significantly lower than TSLA's 36.69% return. Over the past 10 years, ERIC has underperformed TSLA with an annualized return of -1.70%, while TSLA has yielded a comparatively higher 35.44% annualized return.
ERIC
32.49%
-4.98%
38.87%
68.96%
0.83%
-1.70%
TSLA
36.69%
55.82%
95.49%
45.02%
72.78%
35.44%
Fundamentals
| ERIC | TSLA | |
|---|---|---|
| Market Cap | $26.71B | $1.11T |
| EPS | -$0.04 | $3.59 |
| PEG Ratio | 3.53 | 9.75 |
| Total Revenue (TTM) | $246.85B | $97.15B |
| Gross Profit (TTM) | $106.81B | $17.71B |
| EBITDA (TTM) | $43.67B | $13.83B |
Key characteristics
| ERIC | TSLA | |
|---|---|---|
| Sharpe Ratio | 2.31 | 0.67 |
| Sortino Ratio | 3.16 | 1.41 |
| Omega Ratio | 1.40 | 1.17 |
| Calmar Ratio | 0.73 | 0.62 |
| Martin Ratio | 7.89 | 1.78 |
| Ulcer Index | 8.69% | 22.88% |
| Daily Std Dev | 29.72% | 61.22% |
| Max Drawdown | -98.60% | -73.63% |
| Current Drawdown | -88.71% | -17.15% |
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Correlation
The correlation between ERIC and TSLA is 0.26, 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.
Risk-Adjusted Performance
ERIC vs. TSLA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Telefonaktiebolaget LM Ericsson (publ) (ERIC) and Tesla, Inc. (TSLA). 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
ERIC vs. TSLA - Dividend Comparison
ERIC's dividend yield for the trailing twelve months is around 3.27%, while TSLA has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ERIC Telefonaktiebolaget LM Ericsson (publ) | 3.27% | 4.05% | 4.27% | 2.18% | 1.36% | 1.24% | 1.42% | 1.68% | 7.36% | 4.10% | 3.82% | 3.54% |
TSLA Tesla, 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
ERIC vs. TSLA - Drawdown Comparison
The maximum ERIC drawdown since its inception was -98.60%, which is greater than TSLA's maximum drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for ERIC and TSLA. For additional features, visit the drawdowns tool.
Volatility
ERIC vs. TSLA - Volatility Comparison
The current volatility for Telefonaktiebolaget LM Ericsson (publ) (ERIC) is 6.92%, while Tesla, Inc. (TSLA) has a volatility of 28.83%. This indicates that ERIC experiences smaller price fluctuations and is considered to be less risky than TSLA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ERIC vs. TSLA - Financials Comparison
This section allows you to compare key financial metrics between Telefonaktiebolaget LM Ericsson (publ) and Tesla, 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