PLUG vs. NIO
Compare and contrast key facts about Plug Power Inc. (PLUG) and NIO Inc. (NIO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PLUG or NIO.
Correlation
The correlation between PLUG and NIO 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
PLUG vs. NIO - Performance Comparison
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Key characteristics
PLUG:
-0.84
NIO:
-0.37
PLUG:
-1.47
NIO:
-0.15
PLUG:
0.85
NIO:
0.98
PLUG:
-0.76
NIO:
-0.28
PLUG:
-1.73
NIO:
-0.80
PLUG:
43.72%
NIO:
32.88%
PLUG:
94.57%
NIO:
69.15%
PLUG:
-99.99%
NIO:
-95.00%
PLUG:
-99.95%
NIO:
-93.65%
Fundamentals
PLUG:
$875.30M
NIO:
$9.30B
PLUG:
-$2.35
NIO:
-$1.53
PLUG:
1.36
NIO:
0.14
PLUG:
0.45
NIO:
11.20
PLUG:
$642.22M
NIO:
$75.53B
PLUG:
-$539.67M
NIO:
$8.31B
PLUG:
-$1.90B
NIO:
-$11.75B
Returns By Period
In the year-to-date period, PLUG achieves a -67.16% return, which is significantly lower than NIO's -8.49% return.
PLUG
-67.16%
-30.06%
-64.50%
-79.49%
-29.80%
-12.26%
NIO
-8.49%
10.22%
-9.93%
-25.14%
3.45%
N/A
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Risk-Adjusted Performance
PLUG vs. NIO — Risk-Adjusted Performance Rank
PLUG
NIO
PLUG vs. NIO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Plug Power Inc. (PLUG) and NIO Inc. (NIO). 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
PLUG vs. NIO - Dividend Comparison
Neither PLUG nor NIO has paid dividends to shareholders.
Drawdowns
PLUG vs. NIO - Drawdown Comparison
The maximum PLUG drawdown since its inception was -99.99%, which is greater than NIO's maximum drawdown of -95.00%. Use the drawdown chart below to compare losses from any high point for PLUG and NIO. For additional features, visit the drawdowns tool.
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Volatility
PLUG vs. NIO - Volatility Comparison
Plug Power Inc. (PLUG) has a higher volatility of 38.29% compared to NIO Inc. (NIO) at 16.12%. This indicates that PLUG's price experiences larger fluctuations and is considered to be riskier than NIO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
PLUG vs. NIO - Financials Comparison
This section allows you to compare key financial metrics between Plug Power Inc. and NIO 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