GOEV vs. ARVL
Compare and contrast key facts about Canoo Inc. (GOEV) and Arrival (ARVL).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GOEV or ARVL.
Key characteristics
| GOEV | ARVL |
|---|
Fundamentals
| GOEV | ARVL | |
|---|---|---|
| Market Cap | $178.59M | $9.00M |
| EPS | -$12.19 | -$6.69 |
| Revenue (TTM) | $886.00K | $0.00 |
| Gross Profit (TTM) | $1.88M | $0.00 |
| EBITDA (TTM) | -$253.98M | -$281.75M |
Correlation
The correlation between GOEV and ARVL is 0.35, 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
GOEV vs. ARVL - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
GOEV vs. ARVL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Canoo Inc. (GOEV) and Arrival (ARVL). 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
GOEV vs. ARVL - Dividend Comparison
Neither GOEV nor ARVL has paid dividends to shareholders.
Drawdowns
GOEV vs. ARVL - Drawdown Comparison
Volatility
GOEV vs. ARVL - Volatility Comparison
Canoo Inc. (GOEV) has a higher volatility of 35.07% compared to Arrival (ARVL) at 0.00%. This indicates that GOEV's price experiences larger fluctuations and is considered to be riskier than ARVL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
GOEV vs. ARVL - Financials Comparison
This section allows you to compare key financial metrics between Canoo Inc. and Arrival. 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