PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
GOEV vs. RIVN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between GOEV and RIVN is 0.39, 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.


-0.50.00.51.00.4

Performance

GOEV vs. RIVN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Canoo Inc. (GOEV) and Rivian Automotive, Inc. (RIVN). The values are adjusted to include any dividend payments, if applicable.

-100.00%-95.00%-90.00%-85.00%JulyAugustSeptemberOctoberNovemberDecember
-99.95%
-86.27%
GOEV
RIVN

Key characteristics

Sharpe Ratio

GOEV:

-0.62

RIVN:

-0.54

Sortino Ratio

GOEV:

-2.66

RIVN:

-0.42

Omega Ratio

GOEV:

0.70

RIVN:

0.95

Calmar Ratio

GOEV:

-0.99

RIVN:

-0.42

Martin Ratio

GOEV:

-1.45

RIVN:

-0.85

Ulcer Index

GOEV:

68.07%

RIVN:

47.48%

Daily Std Dev

GOEV:

159.52%

RIVN:

75.35%

Max Drawdown

GOEV:

-99.98%

RIVN:

-95.12%

Current Drawdown

GOEV:

-99.98%

RIVN:

-91.96%

Fundamentals

Market Cap

GOEV:

$12.21M

RIVN:

$15.00B

EPS

GOEV:

-$1.72

RIVN:

-$5.60

Total Revenue (TTM)

GOEV:

$1.86M

RIVN:

$4.55B

Gross Profit (TTM)

GOEV:

-$7.27M

RIVN:

-$2.05B

EBITDA (TTM)

GOEV:

-$92.31M

RIVN:

-$4.13B

Returns By Period

In the year-to-date period, GOEV achieves a -98.55% return, which is significantly lower than RIVN's -41.05% return.


GOEV

YTD

-98.55%

1M

-82.16%

6M

-95.45%

1Y

-98.46%

5Y*

-79.73%

10Y*

N/A

RIVN

YTD

-41.05%

1M

37.61%

6M

34.01%

1Y

-41.35%

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


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.


Sharpe ratio
The chart of Sharpe ratio for GOEV, currently valued at -0.62, compared to the broader market-4.00-2.000.002.00-0.62-0.54
The chart of Sortino ratio for GOEV, currently valued at -2.66, compared to the broader market-4.00-2.000.002.004.00-2.66-0.42
The chart of Omega ratio for GOEV, currently valued at 0.70, compared to the broader market0.501.001.502.000.700.95
The chart of Calmar ratio for GOEV, currently valued at -0.99, compared to the broader market0.002.004.006.00-0.99-0.42
The chart of Martin ratio for GOEV, currently valued at -1.45, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.45-0.85
GOEV
RIVN

The current GOEV Sharpe Ratio is -0.62, which is comparable to the RIVN Sharpe Ratio of -0.54. The chart below compares the historical Sharpe Ratios of GOEV and RIVN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.80-0.60-0.40-0.200.000.20JulyAugustSeptemberOctoberNovemberDecember
-0.62
-0.54
GOEV
RIVN

Dividends

GOEV vs. RIVN - Dividend Comparison

Neither GOEV nor RIVN has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

GOEV vs. RIVN - Drawdown Comparison

The maximum GOEV drawdown since its inception was -99.98%, 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.


-100.00%-98.00%-96.00%-94.00%-92.00%-90.00%JulyAugustSeptemberOctoberNovemberDecember
-99.97%
-91.96%
GOEV
RIVN

Volatility

GOEV vs. RIVN - Volatility Comparison

Canoo Inc. (GOEV) has a higher volatility of 68.45% compared to Rivian Automotive, Inc. (RIVN) at 24.23%. 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.


10.00%20.00%30.00%40.00%50.00%60.00%70.00%JulyAugustSeptemberOctoberNovemberDecember
68.45%
24.23%
GOEV
RIVN

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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab