JOBY vs. TSLA
Compare and contrast key facts about Joby Aviation, Inc. (JOBY) and Tesla, Inc. (TSLA).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JOBY or TSLA.
Correlation
The correlation between JOBY and TSLA 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.
Performance
JOBY vs. TSLA - Performance Comparison
Key characteristics
JOBY:
0.55
TSLA:
1.51
JOBY:
1.46
TSLA:
2.28
JOBY:
1.17
TSLA:
1.27
JOBY:
0.66
TSLA:
1.50
JOBY:
2.04
TSLA:
6.83
JOBY:
21.41%
TSLA:
14.32%
JOBY:
79.24%
TSLA:
64.69%
JOBY:
-76.27%
TSLA:
-73.63%
JOBY:
-39.03%
TSLA:
-11.12%
Fundamentals
JOBY:
$6.40B
TSLA:
$1.37T
JOBY:
-$0.68
TSLA:
$3.67
JOBY:
$81.00K
TSLA:
$71.98B
JOBY:
-$17.16M
TSLA:
$13.27B
JOBY:
-$420.78M
TSLA:
$10.35B
Returns By Period
In the year-to-date period, JOBY achieves a 0.49% return, which is significantly lower than TSLA's 5.61% return.
JOBY
0.49%
6.24%
26.28%
45.12%
N/A
N/A
TSLA
5.61%
1.29%
69.58%
101.00%
62.53%
41.48%
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Risk-Adjusted Performance
JOBY vs. TSLA — Risk-Adjusted Performance Rank
JOBY
TSLA
JOBY vs. TSLA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Joby Aviation, Inc. (JOBY) and Tesla, Inc. (TSLA). 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
JOBY vs. TSLA - Dividend Comparison
Neither JOBY nor TSLA has paid dividends to shareholders.
Drawdowns
JOBY vs. TSLA - Drawdown Comparison
The maximum JOBY drawdown since its inception was -76.27%, roughly equal to the maximum TSLA drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for JOBY and TSLA. For additional features, visit the drawdowns tool.
Volatility
JOBY vs. TSLA - Volatility Comparison
Joby Aviation, Inc. (JOBY) has a higher volatility of 32.38% compared to Tesla, Inc. (TSLA) at 20.78%. This indicates that JOBY's price experiences larger fluctuations and is considered to be riskier than TSLA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
JOBY vs. TSLA - Financials Comparison
This section allows you to compare key financial metrics between Joby Aviation, Inc. and Tesla, 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