PTEN vs. FSLR
Compare and contrast key facts about Patterson-UTI Energy, Inc. (PTEN) and First Solar, Inc. (FSLR).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PTEN or FSLR.
Correlation
The correlation between PTEN and FSLR is 0.33, 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
PTEN vs. FSLR - Performance Comparison
Key characteristics
PTEN:
-0.22
FSLR:
0.29
PTEN:
-0.04
FSLR:
0.84
PTEN:
1.00
FSLR:
1.10
PTEN:
-0.12
FSLR:
0.28
PTEN:
-0.39
FSLR:
0.68
PTEN:
23.75%
FSLR:
22.92%
PTEN:
41.63%
FSLR:
53.21%
PTEN:
-95.13%
FSLR:
-96.22%
PTEN:
-71.80%
FSLR:
-40.43%
Fundamentals
PTEN:
$3.49B
FSLR:
$19.84B
PTEN:
-$2.20
FSLR:
$11.60
PTEN:
0.78
FSLR:
0.27
PTEN:
$4.22B
FSLR:
$2.69B
PTEN:
$238.29M
FSLR:
$1.29B
PTEN:
$81.78M
FSLR:
$1.27B
Returns By Period
In the year-to-date period, PTEN achieves a 8.35% return, which is significantly higher than FSLR's 5.17% return. Over the past 10 years, PTEN has underperformed FSLR with an annualized return of -3.30%, while FSLR has yielded a comparatively higher 16.41% annualized return.
PTEN
8.35%
15.93%
-15.95%
-10.02%
-0.23%
-3.30%
FSLR
5.17%
-7.17%
-16.23%
15.53%
28.13%
16.41%
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Risk-Adjusted Performance
PTEN vs. FSLR — Risk-Adjusted Performance Rank
PTEN
FSLR
PTEN vs. FSLR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Patterson-UTI Energy, Inc. (PTEN) and First Solar, Inc. (FSLR). 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
PTEN vs. FSLR - Dividend Comparison
PTEN's dividend yield for the trailing twelve months is around 3.58%, while FSLR has not paid dividends to shareholders.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Patterson-UTI Energy, Inc. | 3.58% | 3.87% | 2.96% | 1.19% | 0.95% | 1.90% | 1.52% | 1.35% | 0.35% | 0.59% | 2.65% | 2.41% |
First Solar, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PTEN vs. FSLR - Drawdown Comparison
The maximum PTEN drawdown since its inception was -95.13%, roughly equal to the maximum FSLR drawdown of -96.22%. Use the drawdown chart below to compare losses from any high point for PTEN and FSLR. For additional features, visit the drawdowns tool.
Volatility
PTEN vs. FSLR - Volatility Comparison
The current volatility for Patterson-UTI Energy, Inc. (PTEN) is 10.12%, while First Solar, Inc. (FSLR) has a volatility of 12.73%. This indicates that PTEN experiences smaller price fluctuations and is considered to be less risky than FSLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
PTEN vs. FSLR - Financials Comparison
This section allows you to compare key financial metrics between Patterson-UTI Energy, Inc. and First Solar, 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