ROOT vs. CVNA
Compare and contrast key facts about Root, Inc. (ROOT) and Carvana Co. (CVNA).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ROOT or CVNA.
Correlation
The correlation between ROOT and CVNA 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.
Performance
ROOT vs. CVNA - Performance Comparison
Key characteristics
ROOT:
6.36
CVNA:
6.38
ROOT:
5.20
CVNA:
5.70
ROOT:
1.65
CVNA:
1.71
ROOT:
8.51
CVNA:
5.61
ROOT:
26.03
CVNA:
51.35
ROOT:
32.21%
CVNA:
9.68%
ROOT:
132.14%
CVNA:
78.07%
ROOT:
-99.29%
CVNA:
-98.99%
ROOT:
-83.01%
CVNA:
-33.84%
Fundamentals
ROOT:
$1.22B
CVNA:
$28.32B
ROOT:
-$1.15
CVNA:
-$0.02
ROOT:
$849.80M
CVNA:
$10.13B
ROOT:
$849.80M
CVNA:
$2.03B
ROOT:
$55.70M
CVNA:
$978.00M
Returns By Period
In the year-to-date period, ROOT achieves a 13.75% return, which is significantly lower than CVNA's 20.40% return.
ROOT
13.75%
13.11%
30.24%
855.67%
N/A
N/A
CVNA
20.40%
13.84%
93.13%
445.08%
25.22%
N/A
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Risk-Adjusted Performance
ROOT vs. CVNA — Risk-Adjusted Performance Rank
ROOT
CVNA
ROOT vs. CVNA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Root, Inc. (ROOT) and Carvana Co. (CVNA). 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
ROOT vs. CVNA - Dividend Comparison
Neither ROOT nor CVNA has paid dividends to shareholders.
Drawdowns
ROOT vs. CVNA - Drawdown Comparison
The maximum ROOT drawdown since its inception was -99.29%, roughly equal to the maximum CVNA drawdown of -98.99%. Use the drawdown chart below to compare losses from any high point for ROOT and CVNA. For additional features, visit the drawdowns tool.
Volatility
ROOT vs. CVNA - Volatility Comparison
The current volatility for Root, Inc. (ROOT) is 15.44%, while Carvana Co. (CVNA) has a volatility of 20.83%. This indicates that ROOT experiences smaller price fluctuations and is considered to be less risky than CVNA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ROOT vs. CVNA - Financials Comparison
This section allows you to compare key financial metrics between Root, Inc. and Carvana Co.. 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