NKLA vs. RIVN
Compare and contrast key facts about Nikola Corporation (NKLA) and Rivian Automotive, Inc. (RIVN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NKLA or RIVN.
Performance
NKLA vs. RIVN - Performance Comparison
Returns By Period
In the year-to-date period, NKLA achieves a -92.30% return, which is significantly lower than RIVN's -57.08% return.
NKLA
-92.30%
-47.12%
-87.22%
-93.53%
-63.52%
N/A
RIVN
-57.08%
0.30%
-2.04%
-39.70%
N/A
N/A
Fundamentals
| NKLA | RIVN | |
|---|---|---|
| Market Cap | $189.30M | $10.80B |
| EPS | -$12.34 | -$5.60 |
| Total Revenue (TTM) | $75.53M | $4.55B |
| Gross Profit (TTM) | -$230.71M | -$2.05B |
| EBITDA (TTM) | -$561.04M | -$6.15B |
Key characteristics
| NKLA | RIVN | |
|---|---|---|
| Sharpe Ratio | -0.91 | -0.52 |
| Sortino Ratio | -2.68 | -0.38 |
| Omega Ratio | 0.69 | 0.95 |
| Calmar Ratio | -0.93 | -0.41 |
| Martin Ratio | -1.61 | -0.83 |
| Ulcer Index | 57.93% | 46.46% |
| Daily Std Dev | 102.62% | 74.84% |
| Max Drawdown | -99.92% | -95.12% |
| Current Drawdown | -99.92% | -94.15% |
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Correlation
The correlation between NKLA and RIVN is 0.46, 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.
Risk-Adjusted Performance
NKLA vs. RIVN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nikola Corporation (NKLA) 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
NKLA vs. RIVN - Dividend Comparison
Neither NKLA nor RIVN has paid dividends to shareholders.
Drawdowns
NKLA vs. RIVN - Drawdown Comparison
The maximum NKLA 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 NKLA and RIVN. For additional features, visit the drawdowns tool.
Volatility
NKLA vs. RIVN - Volatility Comparison
Nikola Corporation (NKLA) has a higher volatility of 45.07% compared to Rivian Automotive, Inc. (RIVN) at 25.98%. This indicates that NKLA'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
NKLA vs. RIVN - Financials Comparison
This section allows you to compare key financial metrics between Nikola Corporation 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