GOEV vs. HOOD
Compare and contrast key facts about Canoo Inc. (GOEV) and Robinhood Markets, Inc. (HOOD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GOEV or HOOD.
Correlation
The correlation between GOEV and HOOD is 0.29, 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. HOOD - Performance Comparison
Key characteristics
Fundamentals
GOEV:
$5.36M
HOOD:
$36.00B
GOEV:
-$34.40
HOOD:
$1.56
GOEV:
2.88
HOOD:
12.20
GOEV:
0.03
HOOD:
4.52
GOEV:
$1.50M
HOOD:
$2.33B
GOEV:
-$3.88M
HOOD:
$1.93B
GOEV:
$9.36M
HOOD:
$956.00M
Returns By Period
GOEV
N/A
N/A
N/A
N/A
N/A
N/A
HOOD
10.52%
2.69%
56.46%
141.10%
N/A
N/A
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Risk-Adjusted Performance
GOEV vs. HOOD — Risk-Adjusted Performance Rank
GOEV
HOOD
GOEV vs. HOOD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Canoo Inc. (GOEV) and Robinhood Markets, Inc. (HOOD). 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. HOOD - Dividend Comparison
Neither GOEV nor HOOD has paid dividends to shareholders.
Drawdowns
GOEV vs. HOOD - Drawdown Comparison
Volatility
GOEV vs. HOOD - Volatility Comparison
The current volatility for Canoo Inc. (GOEV) is 0.00%, while Robinhood Markets, Inc. (HOOD) has a volatility of 32.37%. This indicates that GOEV experiences smaller price fluctuations and is considered to be less risky than HOOD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
GOEV vs. HOOD - Financials Comparison
This section allows you to compare key financial metrics between Canoo Inc. and Robinhood Markets, 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