MVIS vs. TSLA
Compare and contrast key facts about MicroVision, Inc. (MVIS) and Tesla, Inc. (TSLA).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MVIS or TSLA.
Correlation
The correlation between MVIS and TSLA is 0.45, 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
MVIS vs. TSLA - Performance Comparison
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Key characteristics
MVIS:
-0.04
TSLA:
1.34
MVIS:
0.60
TSLA:
2.11
MVIS:
1.07
TSLA:
1.25
MVIS:
-0.08
TSLA:
1.66
MVIS:
-0.32
TSLA:
3.96
MVIS:
25.61%
TSLA:
24.41%
MVIS:
96.76%
TSLA:
72.49%
MVIS:
-99.97%
TSLA:
-73.63%
MVIS:
-99.78%
TSLA:
-28.35%
Fundamentals
MVIS:
$286.65M
TSLA:
$1.10T
MVIS:
-$0.45
TSLA:
$1.75
MVIS:
-0.51
TSLA:
5.51
MVIS:
66.22
TSLA:
11.51
MVIS:
5.25
TSLA:
15.10
MVIS:
$4.33M
TSLA:
$95.72B
MVIS:
-$4.24M
TSLA:
$16.91B
MVIS:
-$73.54M
TSLA:
$13.96B
Returns By Period
The year-to-date returns for both investments are quite close, with MVIS having a -15.27% return and TSLA slightly higher at -14.86%. Over the past 10 years, MVIS has underperformed TSLA with an annualized return of -9.58%, while TSLA has yielded a comparatively higher 35.47% annualized return.
MVIS
-15.27%
-5.13%
23.33%
-3.48%
-30.10%
2.31%
-9.58%
TSLA
-14.86%
42.45%
-0.63%
96.52%
15.82%
44.19%
35.47%
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Risk-Adjusted Performance
MVIS vs. TSLA — Risk-Adjusted Performance Rank
MVIS
TSLA
MVIS vs. TSLA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MicroVision, Inc. (MVIS) 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.
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Dividends
MVIS vs. TSLA - Dividend Comparison
Neither MVIS nor TSLA has paid dividends to shareholders.
Drawdowns
MVIS vs. TSLA - Drawdown Comparison
The maximum MVIS drawdown since its inception was -99.97%, which is greater than TSLA's maximum drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for MVIS and TSLA. For additional features, visit the drawdowns tool.
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Volatility
MVIS vs. TSLA - Volatility Comparison
MicroVision, Inc. (MVIS) has a higher volatility of 17.31% compared to Tesla, Inc. (TSLA) at 15.24%. This indicates that MVIS'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.
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Financials
MVIS vs. TSLA - Financials Comparison
This section allows you to compare key financial metrics between MicroVision, 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