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QRVO vs. AAPL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between QRVO and AAPL is 0.42, 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

QRVO vs. AAPL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Qorvo, Inc. (QRVO) and Apple Inc (AAPL). The values are adjusted to include any dividend payments, if applicable.

0.00%50,000.00%100,000.00%150,000.00%200,000.00%JulyAugustSeptemberOctoberNovemberDecember
794.69%
197,234.92%
QRVO
AAPL

Key characteristics

Sharpe Ratio

QRVO:

-0.86

AAPL:

1.21

Sortino Ratio

QRVO:

-0.97

AAPL:

1.82

Omega Ratio

QRVO:

0.84

AAPL:

1.23

Calmar Ratio

QRVO:

-0.48

AAPL:

1.64

Martin Ratio

QRVO:

-1.84

AAPL:

4.00

Ulcer Index

QRVO:

21.03%

AAPL:

6.81%

Daily Std Dev

QRVO:

45.15%

AAPL:

22.53%

Max Drawdown

QRVO:

-99.18%

AAPL:

-81.80%

Current Drawdown

QRVO:

-80.43%

AAPL:

-2.14%

Fundamentals

Market Cap

QRVO:

$6.71B

AAPL:

$3.83T

EPS

QRVO:

-$1.45

AAPL:

$6.08

PEG Ratio

QRVO:

0.47

AAPL:

2.62

Total Revenue (TTM)

QRVO:

$3.95B

AAPL:

$391.04B

Gross Profit (TTM)

QRVO:

$1.58B

AAPL:

$180.68B

EBITDA (TTM)

QRVO:

$370.53M

AAPL:

$134.66B

Returns By Period

In the year-to-date period, QRVO achieves a -39.17% return, which is significantly lower than AAPL's 29.47% return. Over the past 10 years, QRVO has underperformed AAPL with an annualized return of 0.71%, while AAPL has yielded a comparatively higher 25.91% annualized return.


QRVO

YTD

-39.17%

1M

3.29%

6M

-40.28%

1Y

-38.56%

5Y*

-10.13%

10Y*

0.71%

AAPL

YTD

29.47%

1M

8.78%

6M

16.02%

1Y

26.57%

5Y*

29.75%

10Y*

25.91%

Compare stocks, funds, or ETFs

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Risk-Adjusted Performance

QRVO vs. AAPL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Qorvo, Inc. (QRVO) and Apple Inc (AAPL). 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 QRVO, currently valued at -0.86, compared to the broader market-4.00-2.000.002.00-0.861.21
The chart of Sortino ratio for QRVO, currently valued at -0.97, compared to the broader market-4.00-2.000.002.004.00-0.971.82
The chart of Omega ratio for QRVO, currently valued at 0.84, compared to the broader market0.501.001.502.000.841.23
The chart of Calmar ratio for QRVO, currently valued at -0.48, compared to the broader market0.002.004.006.00-0.481.64
The chart of Martin ratio for QRVO, currently valued at -1.84, compared to the broader market0.0010.0020.00-1.844.00
QRVO
AAPL

The current QRVO Sharpe Ratio is -0.86, which is lower than the AAPL Sharpe Ratio of 1.21. The chart below compares the historical Sharpe Ratios of QRVO and AAPL, 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-1.00-0.500.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
-0.86
1.21
QRVO
AAPL

Dividends

QRVO vs. AAPL - Dividend Comparison

QRVO has not paid dividends to shareholders, while AAPL's dividend yield for the trailing twelve months is around 0.40%.


TTM20232022202120202019201820172016201520142013
QRVO
Qorvo, 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%
AAPL
Apple Inc
0.40%0.49%0.70%0.49%0.61%1.04%1.79%1.45%1.93%1.93%1.67%2.10%

Drawdowns

QRVO vs. AAPL - Drawdown Comparison

The maximum QRVO drawdown since its inception was -99.18%, which is greater than AAPL's maximum drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for QRVO and AAPL. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-80.43%
-2.14%
QRVO
AAPL

Volatility

QRVO vs. AAPL - Volatility Comparison

Qorvo, Inc. (QRVO) has a higher volatility of 7.47% compared to Apple Inc (AAPL) at 3.78%. This indicates that QRVO's price experiences larger fluctuations and is considered to be riskier than AAPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%25.00%30.00%35.00%JulyAugustSeptemberOctoberNovemberDecember
7.47%
3.78%
QRVO
AAPL

Financials

QRVO vs. AAPL - Financials Comparison

This section allows you to compare key financial metrics between Qorvo, Inc. and Apple 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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