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

Correlation

The correlation between FORD and CVNA is 0.10, 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.


-0.50.00.51.00.1

Performance

FORD vs. CVNA - Performance Comparison

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

0.00%500.00%1,000.00%1,500.00%2,000.00%JulyAugustSeptemberOctoberNovemberDecember
-59.55%
1,922.16%
FORD
CVNA

Key characteristics

Sharpe Ratio

FORD:

-0.29

CVNA:

3.89

Sortino Ratio

FORD:

0.21

CVNA:

4.43

Omega Ratio

FORD:

1.03

CVNA:

1.53

Calmar Ratio

FORD:

-0.29

CVNA:

3.43

Martin Ratio

FORD:

-0.75

CVNA:

28.00

Ulcer Index

FORD:

38.18%

CVNA:

10.89%

Daily Std Dev

FORD:

99.52%

CVNA:

78.26%

Max Drawdown

FORD:

-98.85%

CVNA:

-98.99%

Current Drawdown

FORD:

-98.44%

CVNA:

-39.35%

Fundamentals

Market Cap

FORD:

$4.89M

CVNA:

$29.91B

EPS

FORD:

-$0.91

CVNA:

-$0.03

PEG Ratio

FORD:

0.00

CVNA:

-0.13

Total Revenue (TTM)

FORD:

$22.87M

CVNA:

$12.55B

Gross Profit (TTM)

FORD:

$4.80M

CVNA:

$2.43B

EBITDA (TTM)

FORD:

-$1.00M

CVNA:

$1.02B

Returns By Period

In the year-to-date period, FORD achieves a -38.44% return, which is significantly lower than CVNA's 323.99% return.


FORD

YTD

-38.44%

1M

14.83%

6M

18.47%

1Y

-37.64%

5Y*

-15.32%

10Y*

-6.73%

CVNA

YTD

323.99%

1M

-8.20%

6M

98.65%

1Y

285.60%

5Y*

18.57%

10Y*

N/A

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Risk-Adjusted Performance

FORD vs. CVNA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Forward Industries, Inc. (FORD) and Carvana Co. (CVNA). 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 FORD, currently valued at -0.29, compared to the broader market-4.00-2.000.002.00-0.293.89
The chart of Sortino ratio for FORD, currently valued at 0.21, compared to the broader market-4.00-2.000.002.004.000.214.43
The chart of Omega ratio for FORD, currently valued at 1.03, compared to the broader market0.501.001.502.001.031.53
The chart of Calmar ratio for FORD, currently valued at -0.31, compared to the broader market0.002.004.006.00-0.313.43
The chart of Martin ratio for FORD, currently valued at -0.75, compared to the broader market-5.000.005.0010.0015.0020.0025.00-0.7528.00
FORD
CVNA

The current FORD Sharpe Ratio is -0.29, which is lower than the CVNA Sharpe Ratio of 3.89. The chart below compares the historical Sharpe Ratios of FORD and CVNA, 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 Ratio0.002.004.006.008.0010.00JulyAugustSeptemberOctoberNovemberDecember
-0.29
3.89
FORD
CVNA

Dividends

FORD vs. CVNA - Dividend Comparison

Neither FORD nor CVNA has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

FORD vs. CVNA - Drawdown Comparison

The maximum FORD drawdown since its inception was -98.85%, roughly equal to the maximum CVNA drawdown of -98.99%. Use the drawdown chart below to compare losses from any high point for FORD and CVNA. For additional features, visit the drawdowns tool.


-90.00%-80.00%-70.00%-60.00%-50.00%-40.00%-30.00%JulyAugustSeptemberOctoberNovemberDecember
-90.80%
-39.35%
FORD
CVNA

Volatility

FORD vs. CVNA - Volatility Comparison

The current volatility for Forward Industries, Inc. (FORD) is 10.93%, while Carvana Co. (CVNA) has a volatility of 14.36%. This indicates that FORD experiences smaller price fluctuations and is considered to be less risky than CVNA 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%JulyAugustSeptemberOctoberNovemberDecember
10.93%
14.36%
FORD
CVNA

Financials

FORD vs. CVNA - Financials Comparison

This section allows you to compare key financial metrics between Forward Industries, Inc. and Carvana Co.. 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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