FSLR vs. ELV
Compare and contrast key facts about First Solar, Inc. (FSLR) and Elevance Health Inc (ELV).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSLR or ELV.
Correlation
The correlation between FSLR and ELV is 0.21, 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.
Performance
FSLR vs. ELV - Performance Comparison
Key characteristics
FSLR:
0.04
ELV:
-0.87
FSLR:
0.46
ELV:
-1.06
FSLR:
1.05
ELV:
0.85
FSLR:
0.03
ELV:
-0.59
FSLR:
0.09
ELV:
-1.65
FSLR:
21.55%
ELV:
12.31%
FSLR:
52.66%
ELV:
23.32%
FSLR:
-96.22%
ELV:
-67.19%
FSLR:
-43.47%
ELV:
-34.36%
Fundamentals
FSLR:
$20.16B
ELV:
$84.95B
FSLR:
$11.62
ELV:
$27.47
FSLR:
16.20
ELV:
13.33
FSLR:
0.28
ELV:
0.68
FSLR:
$3.85B
ELV:
$174.02B
FSLR:
$1.79B
ELV:
$48.61B
FSLR:
$1.74B
ELV:
$10.82B
Returns By Period
In the year-to-date period, FSLR achieves a 2.09% return, which is significantly higher than ELV's -21.24% return. Over the past 10 years, FSLR has outperformed ELV with an annualized return of 14.94%, while ELV has yielded a comparatively lower 12.60% annualized return.
FSLR
2.09%
-6.13%
-32.37%
6.85%
25.21%
14.94%
ELV
-21.24%
-6.65%
-30.98%
-19.12%
5.19%
12.60%
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Risk-Adjusted Performance
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.
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 1.78%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
Elevance Health Inc | 1.78% | 1.26% | 1.00% | 0.98% | 1.18% | 1.06% | 1.14% | 1.20% | 1.81% | 1.79% | 1.39% | 1.62% |
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.
Volatility
FSLR vs. ELV - Volatility Comparison
First Solar, Inc. (FSLR) has a higher volatility of 11.92% compared to Elevance Health Inc (ELV) at 7.10%. 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.
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.
Total Revenue: Total amount of money received from sales and other business activities