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FSLR vs. ELV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between FSLR and ELV is 0.47, 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.


-0.50.00.51.0
Correlation: 0.5

Performance

FSLR vs. ELV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Solar, Inc. (FSLR) and Elevance Health Inc (ELV). The values are adjusted to include any dividend payments, if applicable.

400.00%500.00%600.00%700.00%800.00%NovemberDecember2025FebruaryMarchApril
473.40%
612.83%
FSLR
ELV

Key characteristics

Sharpe Ratio

FSLR:

-0.37

ELV:

-0.73

Sortino Ratio

FSLR:

-0.19

ELV:

-0.88

Omega Ratio

FSLR:

0.98

ELV:

0.88

Calmar Ratio

FSLR:

-0.35

ELV:

-0.57

Martin Ratio

FSLR:

-0.60

ELV:

-0.98

Ulcer Index

FSLR:

35.58%

ELV:

20.21%

Daily Std Dev

FSLR:

57.86%

ELV:

27.17%

Max Drawdown

FSLR:

-96.22%

ELV:

-67.19%

Current Drawdown

FSLR:

-54.41%

ELV:

-24.16%

Fundamentals

Market Cap

FSLR:

$14.63B

ELV:

$96.88B

EPS

FSLR:

$12.02

ELV:

$25.68

PE Ratio

FSLR:

11.35

ELV:

16.70

PEG Ratio

FSLR:

0.26

ELV:

0.77

PS Ratio

FSLR:

3.48

ELV:

0.53

PB Ratio

FSLR:

1.83

ELV:

2.28

Total Revenue (TTM)

FSLR:

$3.41B

ELV:

$183.12B

Gross Profit (TTM)

FSLR:

$1.51B

ELV:

$114.62B

EBITDA (TTM)

FSLR:

$1.37B

ELV:

$45.56B

Returns By Period

In the year-to-date period, FSLR achieves a -19.51% return, which is significantly lower than ELV's 14.79% return. Over the past 10 years, FSLR has underperformed ELV with an annualized return of 8.38%, while ELV has yielded a comparatively higher 12.13% annualized return.


FSLR

YTD

-19.51%

1M

12.28%

6M

-28.52%

1Y

-18.95%

5Y*

28.36%

10Y*

8.38%

ELV

YTD

14.79%

1M

-2.06%

6M

-0.02%

1Y

-20.74%

5Y*

11.22%

10Y*

12.13%

*Annualized

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Risk-Adjusted Performance

FSLR vs. ELV — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FSLR
The Risk-Adjusted Performance Rank of FSLR is 3333
Overall Rank
The Sharpe Ratio Rank of FSLR is 3131
Sharpe Ratio Rank
The Sortino Ratio Rank of FSLR is 3131
Sortino Ratio Rank
The Omega Ratio Rank of FSLR is 3232
Omega Ratio Rank
The Calmar Ratio Rank of FSLR is 3030
Calmar Ratio Rank
The Martin Ratio Rank of FSLR is 3939
Martin Ratio Rank

ELV
The Risk-Adjusted Performance Rank of ELV is 1717
Overall Rank
The Sharpe Ratio Rank of ELV is 1313
Sharpe Ratio Rank
The Sortino Ratio Rank of ELV is 1515
Sortino Ratio Rank
The Omega Ratio Rank of ELV is 1515
Omega Ratio Rank
The Calmar Ratio Rank of ELV is 1515
Calmar Ratio Rank
The Martin Ratio Rank of ELV is 2929
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FSLR vs. ELV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Solar, Inc. (FSLR) and Elevance Health Inc (ELV). 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.


The chart of Sharpe ratio for FSLR, currently valued at -0.37, compared to the broader market-2.00-1.000.001.002.003.00
FSLR: -0.37
ELV: -0.73
The chart of Sortino ratio for FSLR, currently valued at -0.19, compared to the broader market-6.00-4.00-2.000.002.004.00
FSLR: -0.19
ELV: -0.88
The chart of Omega ratio for FSLR, currently valued at 0.98, compared to the broader market0.501.001.502.00
FSLR: 0.98
ELV: 0.88
The chart of Calmar ratio for FSLR, currently valued at -0.35, compared to the broader market0.001.002.003.004.005.00
FSLR: -0.35
ELV: -0.57
The chart of Martin ratio for FSLR, currently valued at -0.60, compared to the broader market-5.000.005.0010.0015.0020.00
FSLR: -0.60
ELV: -0.98

The current FSLR Sharpe Ratio is -0.37, which is higher than the ELV Sharpe Ratio of -0.73. The chart below compares the historical Sharpe Ratios of FSLR and ELV, 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-1.00-0.500.000.501.00NovemberDecember2025FebruaryMarchApril
-0.37
-0.73
FSLR
ELV

Dividends

FSLR vs. ELV - Dividend Comparison

FSLR has not paid dividends to shareholders, while ELV's dividend yield for the trailing twelve months is around 1.57%.


TTM20242023202220212020201920182017201620152014
FSLR
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%
ELV
Elevance Health Inc
1.57%1.77%1.26%1.00%0.98%1.18%1.06%1.14%1.20%1.81%1.79%1.39%

Drawdowns

FSLR vs. ELV - Drawdown Comparison

The maximum FSLR drawdown since its inception was -96.22%, which is greater than ELV's maximum drawdown of -67.19%. Use the drawdown chart below to compare losses from any high point for FSLR and ELV. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%NovemberDecember2025FebruaryMarchApril
-54.41%
-24.16%
FSLR
ELV

Volatility

FSLR vs. ELV - Volatility Comparison

First Solar, Inc. (FSLR) has a higher volatility of 20.89% compared to Elevance Health Inc (ELV) at 10.54%. This indicates that FSLR's price experiences larger fluctuations and is considered to be riskier than ELV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
20.89%
10.54%
FSLR
ELV

Financials

FSLR vs. ELV - Financials Comparison

This section allows you to compare key financial metrics between First Solar, Inc. and Elevance Health 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