Correlation
The correlation between FTCI and BEEM is 0.34, 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.
FTCI vs. BEEM
Compare and contrast key facts about FTC Solar, Inc. (FTCI) and Beam Global (BEEM).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FTCI or BEEM.
Performance
FTCI vs. BEEM - Performance Comparison
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Key characteristics
FTCI:
-0.10
BEEM:
-0.92
FTCI:
0.98
BEEM:
-1.88
FTCI:
1.11
BEEM:
0.80
FTCI:
-0.21
BEEM:
-0.75
FTCI:
-0.47
BEEM:
-1.37
FTCI:
43.26%
BEEM:
53.78%
FTCI:
156.68%
BEEM:
79.54%
FTCI:
-98.56%
BEEM:
-98.17%
FTCI:
-97.12%
BEEM:
-97.82%
Fundamentals
FTCI:
$53.78M
BEEM:
$26.66M
FTCI:
-$3.71
BEEM:
-$1.49
FTCI:
0.97
BEEM:
0.65
FTCI:
3.46
BEEM:
0.99
FTCI:
$55.57M
BEEM:
$41.10M
FTCI:
-$13.93M
BEEM:
$6.32M
FTCI:
-$44.85M
BEEM:
-$16.65M
Returns By Period
In the year-to-date period, FTCI achieves a -25.41% return, which is significantly higher than BEEM's -49.21% return.
FTCI
-25.41%
23.80%
30.52%
-20.67%
-53.36%
N/A
N/A
BEEM
-49.21%
13.38%
-58.40%
-72.34%
-51.70%
-27.40%
-12.33%
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Risk-Adjusted Performance
FTCI vs. BEEM — Risk-Adjusted Performance Rank
FTCI
BEEM
FTCI vs. BEEM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FTC Solar, Inc. (FTCI) and Beam Global (BEEM). 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.
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Dividends
FTCI vs. BEEM - Dividend Comparison
Neither FTCI nor BEEM has paid dividends to shareholders.
Drawdowns
FTCI vs. BEEM - Drawdown Comparison
The maximum FTCI drawdown since its inception was -98.56%, roughly equal to the maximum BEEM drawdown of -98.17%. Use the drawdown chart below to compare losses from any high point for FTCI and BEEM.
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Volatility
FTCI vs. BEEM - Volatility Comparison
The current volatility for FTC Solar, Inc. (FTCI) is 22.74%, while Beam Global (BEEM) has a volatility of 29.47%. This indicates that FTCI experiences smaller price fluctuations and is considered to be less risky than BEEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
FTCI vs. BEEM - Financials Comparison
This section allows you to compare key financial metrics between FTC Solar, Inc. and Beam Global. 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