NIO vs. PLUG
Compare and contrast key facts about NIO Inc. (NIO) and Plug Power Inc. (PLUG).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NIO or PLUG.
Correlation
The correlation between NIO and PLUG is 0.40, 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
NIO vs. PLUG - Performance Comparison
Key characteristics
NIO:
0.01
PLUG:
-0.74
NIO:
0.55
PLUG:
-1.14
NIO:
1.06
PLUG:
0.88
NIO:
0.01
PLUG:
-0.69
NIO:
0.02
PLUG:
-1.72
NIO:
31.23%
PLUG:
39.93%
NIO:
71.11%
PLUG:
93.36%
NIO:
-95.00%
PLUG:
-99.99%
NIO:
-93.59%
PLUG:
-99.95%
Fundamentals
NIO:
$8.83B
PLUG:
$788.61M
NIO:
-$1.51
PLUG:
-$2.68
NIO:
0.13
PLUG:
1.25
NIO:
11.51
PLUG:
0.45
NIO:
$75.53B
PLUG:
$508.55M
NIO:
$8.31B
PLUG:
-$465.81M
NIO:
-$11.75B
PLUG:
-$1.72B
Returns By Period
In the year-to-date period, NIO achieves a -7.57% return, which is significantly higher than PLUG's -61.90% return.
NIO
-7.57%
1.26%
-23.38%
-10.24%
4.47%
N/A
PLUG
-61.90%
-43.64%
-62.25%
-66.32%
-29.08%
-10.88%
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
NIO vs. PLUG — Risk-Adjusted Performance Rank
NIO
PLUG
NIO vs. PLUG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NIO Inc. (NIO) and Plug Power Inc. (PLUG). 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
NIO vs. PLUG - Dividend Comparison
Neither NIO nor PLUG has paid dividends to shareholders.
Drawdowns
NIO vs. PLUG - Drawdown Comparison
The maximum NIO drawdown since its inception was -95.00%, roughly equal to the maximum PLUG drawdown of -99.99%. Use the drawdown chart below to compare losses from any high point for NIO and PLUG. For additional features, visit the drawdowns tool.
Volatility
NIO vs. PLUG - Volatility Comparison
The current volatility for NIO Inc. (NIO) is 20.04%, while Plug Power Inc. (PLUG) has a volatility of 26.87%. This indicates that NIO experiences smaller price fluctuations and is considered to be less risky than PLUG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NIO vs. PLUG - Financials Comparison
This section allows you to compare key financial metrics between NIO Inc. and Plug Power 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