NKLA vs. SPCE
Compare and contrast key facts about Nikola Corporation (NKLA) and Virgin Galactic Holdings, Inc. (SPCE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NKLA or SPCE.
Key characteristics
| NKLA | SPCE | |
|---|---|---|
| YTD Return | -29.06% | -64.49% |
| 1Y Return | -25.88% | -75.63% |
| 3Y Return (Ann) | -62.38% | -66.10% |
| 5Y Return (Ann) | -44.46% | -39.09% |
| Sharpe Ratio | -0.21 | -0.80 |
| Daily Std Dev | 139.59% | 95.29% |
| Max Drawdown | -99.32% | -98.73% |
| Current Drawdown | -99.22% | -98.54% |
Fundamentals
| NKLA | SPCE | |
|---|---|---|
| Market Cap | $872.57M | $355.04M |
| EPS | -$1.21 | -$1.49 |
| Revenue (TTM) | $35.84M | $6.80M |
| Gross Profit (TTM) | -$104.76M | $406.00K |
| EBITDA (TTM) | -$585.11M | -$513.74M |
Correlation
The correlation between NKLA and SPCE 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.
Performance
NKLA vs. SPCE - Performance Comparison
In the year-to-date period, NKLA achieves a -29.06% return, which is significantly higher than SPCE's -64.49% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
NKLA vs. SPCE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nikola Corporation (NKLA) and Virgin Galactic Holdings, Inc. (SPCE). 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. SPCE - Dividend Comparison
Neither NKLA nor SPCE has paid dividends to shareholders.
Drawdowns
NKLA vs. SPCE - Drawdown Comparison
The maximum NKLA drawdown since its inception was -99.32%, roughly equal to the maximum SPCE drawdown of -98.73%. Use the drawdown chart below to compare losses from any high point for NKLA and SPCE. For additional features, visit the drawdowns tool.
Volatility
NKLA vs. SPCE - Volatility Comparison
Nikola Corporation (NKLA) has a higher volatility of 35.93% compared to Virgin Galactic Holdings, Inc. (SPCE) at 31.88%. This indicates that NKLA's price experiences larger fluctuations and is considered to be riskier than SPCE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NKLA vs. SPCE - Financials Comparison
This section allows you to compare key financial metrics between Nikola Corporation and Virgin Galactic Holdings, 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