FSLR vs. GIB
FSLR (First Solar, Inc.) and GIB (CGI Inc) are both stocks. Both are in the Technology sector — FSLR in Solar, GIB in Information Technology Services. Over the past 10 years, FSLR returned 16.02%/yr vs 4.25%/yr for GIB. Their 0.27 correlation means their historical movements had little consistent relationship.
Performance
FSLR vs. GIB - Performance Comparison
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Returns By Period
In the year-to-date period, FSLR achieves a -19.22% return, which is significantly higher than GIB's -20.45% return. Over the past 10 years, FSLR has outperformed GIB with an annualized return of 16.02%, while GIB has yielded a comparatively lower 4.25% annualized return.
FSLR
- 1D
- 2.44%
- 1M
- -9.07%
- 6M
- -6.43%
- YTD
- -19.22%
- 1Y
- 20.77%
- 3Y*
- 1.35%
- 5Y*
- 19.65%
- 10Y*
- 16.02%
- ALL TIME*
- 11.55%
GIB
- 1D
- -0.12%
- 1M
- 11.73%
- 6M
- -14.41%
- YTD
- -20.45%
- 1Y
- -23.67%
- 3Y*
- -9.95%
- 5Y*
- -4.08%
- 10Y*
- 4.25%
- ALL TIME*
- 9.36%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $397.05M | $406.54M | $591.75M | |
GIB CGI Inc | $41.80M | $36.08M | $33.67M |
FSLR vs. GIB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FSLR First Solar, Inc. | -19.22% | 48.22% | 2.30% | 15.01% | 71.86% | -11.89% | 76.77% | 31.81% | -37.12% | 110.41% |
GIB CGI Inc | -20.45% | -15.19% | 2.07% | 24.47% | -2.68% | 11.59% | -5.26% | 36.80% | 12.63% | 13.12% |
Correlation
The correlation between FSLR and GIB is -0.12, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.12 |
Correlation (3Y) Balances recent behavior with more history. | 0.10 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.18 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.24 |
Correlation (All Time) Calculated using the full available price history since Nov 17, 2006 | 0.27 |
The correlation between FSLR and GIB shifts across timeframes, from -0.12 (1 year) to 0.27 (all time), reflecting how their relationship changes across market environments.
Fundamentals
FSLR:
$22.68B
GIB:
$15.64B
FSLR:
$16.22
GIB:
CA$7.71
FSLR:
13.01
GIB:
13.29
FSLR:
0.31
GIB:
1.67
FSLR:
4.22
GIB:
1.36
FSLR:
2.20
GIB:
2.18
FSLR:
$5.38B
GIB:
CA$16.35B
FSLR:
$2.37B
GIB:
CA$3.35B
FSLR:
$2.28B
GIB:
CA$2.98B
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Return for Risk
FSLR vs. GIB — Risk / Return Rank
FSLR
GIB
FSLR vs. GIB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Solar, Inc. (FSLR) and CGI Inc (GIB). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FSLR | GIB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.16 | ||
| Sortino ratioReturn per unit of downside risk | +1.83 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 0.87 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 0.56 | -0.65 | +1.20 |
| Martin ratioReturn relative to average drawdown | 1.07 | -1.16 | +2.23 |
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Drawdowns
FSLR vs. GIB - Drawdown Comparison
The maximum FSLR drawdown since its inception was -96.22%, which is greater than GIB's maximum drawdown of -86.78%. Use the drawdown chart below to compare losses from any high point for FSLR and GIB.
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Drawdown Indicators
| FSLR | GIB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.22% | -86.78% | -9.44% |
Max Drawdown (1Y)Largest decline over 1 year | -37.40% | -36.77% | -0.63% |
Max Drawdown (3Y)Largest decline over 3 years | -59.97% | -49.54% | -10.43% |
Max Drawdown (5Y)Largest decline over 5 years | -59.97% | -49.54% | -10.43% |
Max Drawdown (10Y)Largest decline over 10 years | -61.26% | -49.54% | -11.72% |
Current DrawdownCurrent decline from peak | -33.69% | -39.76% | +6.07% |
Average DrawdownAverage peak-to-trough decline | -62.97% | -32.55% | -30.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.41% | 20.44% | -1.03% |
Volatility
FSLR vs. GIB - Volatility Comparison
First Solar, Inc. (FSLR) and CGI Inc (GIB) have volatilities of 10.92% and 10.64%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FSLR | GIB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.92% | 10.64% | +0.28% |
Volatility (6M)Calculated over the trailing 6-month period | 38.39% | 26.97% | +11.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.94% | 30.79% | +23.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.12% | 23.49% | +30.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.83% | 22.76% | +28.07% |
Dividends
FSLR vs. GIB - Dividend Comparison
FSLR has not paid dividends to shareholders, while GIB's dividend yield for the trailing twelve months is around 0.65%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
FSLR First Solar, Inc. | 0.00% | 0.00% | 0.00% |
GIB CGI Inc | 0.65% | 0.48% | 0.10% |
Financials
FSLR vs. GIB - Financials Comparison
This section allows you to compare key financial metrics between First Solar, Inc. and CGI 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
FSLR vs. GIB - Profitability Comparison
FSLR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, First Solar, Inc. reported a gross profit of 605.00M and revenue of 1.06B. Therefore, the gross margin over that period was 57.3%.
GIB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, CGI Inc reported a gross profit of 684.28M and revenue of 4.17B. Therefore, the gross margin over that period was 16.4%.
FSLR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, First Solar, Inc. reported an operating income of 450.39M and revenue of 1.06B, resulting in an operating margin of 42.6%.
GIB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, CGI Inc reported an operating income of 684.28M and revenue of 4.17B, resulting in an operating margin of 16.4%.
FSLR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, First Solar, Inc. reported a net income of 422.57M and revenue of 1.06B, resulting in a net margin of 40.0%.
GIB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, CGI Inc reported a net income of 445.87M and revenue of 4.17B, resulting in a net margin of 10.7%.
Frequently Asked Questions
FSLR and GIB have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FSLR has higher volatility (10.92%) compared to GIB (10.64%). In terms of maximum drawdown, FSLR dropped -96.22% vs GIB's -86.78%.
FSLR currently has the higher Sharpe Ratio (0.39 vs -0.77), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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