GOEV vs. RIVN
Compare and contrast key facts about Canoo Inc. (GOEV) and Rivian Automotive, Inc. (RIVN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GOEV or RIVN.
Key characteristics
| GOEV | RIVN | |
|---|---|---|
| YTD Return | -91.49% | -57.12% |
| 1Y Return | -91.58% | -38.62% |
| 3Y Return (Ann) | -87.28% | -61.28% |
| Sharpe Ratio | -0.62 | -0.56 |
| Sortino Ratio | -1.58 | -0.47 |
| Omega Ratio | 0.83 | 0.94 |
| Calmar Ratio | -0.92 | -0.44 |
| Martin Ratio | -1.31 | -0.90 |
| Ulcer Index | 70.24% | 46.32% |
| Daily Std Dev | 147.28% | 74.87% |
| Max Drawdown | -99.92% | -95.12% |
| Current Drawdown | -99.90% | -94.15% |
Fundamentals
| GOEV | RIVN | |
|---|---|---|
| Market Cap | $63.84M | $10.80B |
| EPS | -$6.10 | -$5.60 |
| Total Revenue (TTM) | $972.00K | $4.55B |
| Gross Profit (TTM) | -$7.99M | -$2.05B |
| EBITDA (TTM) | -$99.09M | -$6.15B |
Correlation
The correlation between GOEV and RIVN is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
GOEV vs. RIVN - Performance Comparison
In the year-to-date period, GOEV achieves a -91.49% return, which is significantly lower than RIVN's -57.12% return. 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. RIVN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Canoo Inc. (GOEV) and Rivian Automotive, Inc. (RIVN). 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. RIVN - Dividend Comparison
Neither GOEV nor RIVN has paid dividends to shareholders.
Drawdowns
GOEV vs. RIVN - Drawdown Comparison
The maximum GOEV drawdown since its inception was -99.92%, which is greater than RIVN's maximum drawdown of -95.12%. Use the drawdown chart below to compare losses from any high point for GOEV and RIVN. For additional features, visit the drawdowns tool.
Volatility
GOEV vs. RIVN - Volatility Comparison
Canoo Inc. (GOEV) has a higher volatility of 67.41% compared to Rivian Automotive, Inc. (RIVN) at 26.00%. This indicates that GOEV's price experiences larger fluctuations and is considered to be riskier than RIVN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
GOEV vs. RIVN - Financials Comparison
This section allows you to compare key financial metrics between Canoo Inc. and Rivian Automotive, 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