Correlation
The correlation between PSNY and RIVN is 0.37, 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.
PSNY vs. RIVN
Compare and contrast key facts about Polestar Automotive Holding UK PLC Class A ADS (PSNY) and Rivian Automotive, Inc. (RIVN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PSNY or RIVN.
Performance
PSNY vs. RIVN - Performance Comparison
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Key characteristics
PSNY:
0.50
RIVN:
0.46
PSNY:
1.35
RIVN:
1.34
PSNY:
1.15
RIVN:
1.15
PSNY:
0.45
RIVN:
0.42
PSNY:
1.30
RIVN:
1.36
PSNY:
32.97%
RIVN:
29.05%
PSNY:
92.42%
RIVN:
71.69%
PSNY:
-95.16%
RIVN:
-95.12%
PSNY:
-91.54%
RIVN:
-91.55%
Fundamentals
PSNY:
$2.28B
RIVN:
$17.20B
PSNY:
-$0.97
RIVN:
-$3.69
PSNY:
1.12
RIVN:
3.44
PSNY:
1.73
RIVN:
2.76
PSNY:
$1.66B
RIVN:
$5.01B
PSNY:
-$432.55M
RIVN:
-$538.00M
PSNY:
-$208.21M
RIVN:
-$2.57B
Returns By Period
In the year-to-date period, PSNY achieves a 4.76% return, which is significantly lower than RIVN's 9.25% return.
PSNY
4.76%
5.77%
-3.51%
45.81%
N/A
N/A
N/A
RIVN
9.25%
6.37%
18.81%
32.45%
-22.65%
N/A
N/A
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Risk-Adjusted Performance
PSNY vs. RIVN — Risk-Adjusted Performance Rank
PSNY
RIVN
PSNY vs. RIVN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Polestar Automotive Holding UK PLC Class A ADS (PSNY) 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.
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Dividends
PSNY vs. RIVN - Dividend Comparison
Neither PSNY nor RIVN has paid dividends to shareholders.
Drawdowns
PSNY vs. RIVN - Drawdown Comparison
The maximum PSNY drawdown since its inception was -95.16%, roughly equal to the maximum RIVN drawdown of -95.12%. Use the drawdown chart below to compare losses from any high point for PSNY and RIVN.
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Volatility
PSNY vs. RIVN - Volatility Comparison
Polestar Automotive Holding UK PLC Class A ADS (PSNY) has a higher volatility of 19.54% compared to Rivian Automotive, Inc. (RIVN) at 14.79%. This indicates that PSNY'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.
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Financials
PSNY vs. RIVN - Financials Comparison
This section allows you to compare key financial metrics between Polestar Automotive Holding UK PLC Class A ADS 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