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NKLA vs. RIVN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between NKLA and RIVN is 0.43, 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.


-0.50.00.51.00.4

Performance

NKLA vs. RIVN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nikola Corporation (NKLA) 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
-99.72%
-86.27%
NKLA
RIVN

Key characteristics

Sharpe Ratio

NKLA:

-0.96

RIVN:

-0.54

Sortino Ratio

NKLA:

-3.19

RIVN:

-0.42

Omega Ratio

NKLA:

0.64

RIVN:

0.95

Calmar Ratio

NKLA:

-0.95

RIVN:

-0.42

Martin Ratio

NKLA:

-1.51

RIVN:

-0.85

Ulcer Index

NKLA:

63.29%

RIVN:

47.48%

Daily Std Dev

NKLA:

99.45%

RIVN:

75.35%

Max Drawdown

NKLA:

-99.95%

RIVN:

-95.12%

Current Drawdown

NKLA:

-99.95%

RIVN:

-91.96%

Fundamentals

Market Cap

NKLA:

$102.21M

RIVN:

$15.00B

EPS

NKLA:

-$12.34

RIVN:

-$5.60

Total Revenue (TTM)

NKLA:

$75.53M

RIVN:

$4.55B

Gross Profit (TTM)

NKLA:

-$230.71M

RIVN:

-$2.05B

EBITDA (TTM)

NKLA:

-$571.28M

RIVN:

-$4.13B

Returns By Period

In the year-to-date period, NKLA achieves a -95.50% return, which is significantly lower than RIVN's -41.05% return.


NKLA

YTD

-95.50%

1M

-38.22%

6M

-88.98%

1Y

-95.26%

5Y*

-67.23%

10Y*

N/A

RIVN

YTD

-41.05%

1M

37.61%

6M

34.01%

1Y

-41.35%

5Y*

N/A

10Y*

N/A

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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.


Sharpe ratio
The chart of Sharpe ratio for NKLA, currently valued at -0.96, compared to the broader market-4.00-2.000.002.00-0.96-0.54
The chart of Sortino ratio for NKLA, currently valued at -3.19, compared to the broader market-4.00-2.000.002.004.00-3.19-0.42
The chart of Omega ratio for NKLA, currently valued at 0.64, compared to the broader market0.501.001.502.000.640.95
The chart of Calmar ratio for NKLA, currently valued at -0.96, compared to the broader market0.002.004.006.00-0.96-0.42
The chart of Martin ratio for NKLA, currently valued at -1.51, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.51-0.85
NKLA
RIVN

The current NKLA Sharpe Ratio is -0.96, which is lower than the RIVN Sharpe Ratio of -0.54. The chart below compares the historical Sharpe Ratios of NKLA 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-1.00-0.80-0.60-0.40-0.200.000.20JulyAugustSeptemberOctoberNovemberDecember
-0.96
-0.54
NKLA
RIVN

Dividends

NKLA vs. RIVN - Dividend Comparison

Neither NKLA nor RIVN has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

NKLA vs. RIVN - Drawdown Comparison

The maximum NKLA drawdown since its inception was -99.95%, 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.


-100.00%-98.00%-96.00%-94.00%-92.00%-90.00%JulyAugustSeptemberOctoberNovemberDecember
-99.73%
-91.96%
NKLA
RIVN

Volatility

NKLA vs. RIVN - Volatility Comparison

Nikola Corporation (NKLA) has a higher volatility of 29.49% compared to Rivian Automotive, Inc. (RIVN) at 24.23%. 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.


10.00%20.00%30.00%40.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
29.49%
24.23%
NKLA
RIVN

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.


Quarterly
Annual

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


Values in USD except per share items
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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.

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