SAABY vs. AVAV
Compare and contrast key facts about Saab AB (publ) (SAABY) and AeroVironment, Inc. (AVAV).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SAABY or AVAV.
Correlation
The correlation between SAABY and AVAV is 0.17, 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
SAABY vs. AVAV - Performance Comparison
Key characteristics
SAABY:
0.89
AVAV:
0.49
SAABY:
1.51
AVAV:
1.13
SAABY:
1.21
AVAV:
1.15
SAABY:
1.66
AVAV:
0.78
SAABY:
2.86
AVAV:
1.49
SAABY:
16.18%
AVAV:
18.14%
SAABY:
51.92%
AVAV:
54.97%
SAABY:
-34.43%
AVAV:
-61.02%
SAABY:
0.00%
AVAV:
-32.76%
Fundamentals
SAABY:
$14.43B
AVAV:
$4.48B
SAABY:
$0.36
AVAV:
$1.69
SAABY:
38.03
AVAV:
93.99
SAABY:
1.41
AVAV:
1.72
SAABY:
$63.75B
AVAV:
$574.92M
SAABY:
$13.66B
AVAV:
$227.55M
SAABY:
$7.00B
AVAV:
$53.32M
Returns By Period
In the year-to-date period, SAABY achieves a 31.20% return, which is significantly higher than AVAV's 2.76% return.
SAABY
31.20%
32.14%
19.32%
44.64%
N/A
N/A
AVAV
2.76%
-10.92%
-14.06%
26.22%
19.89%
18.89%
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Risk-Adjusted Performance
SAABY vs. AVAV — Risk-Adjusted Performance Rank
SAABY
AVAV
SAABY vs. AVAV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Saab AB (publ) (SAABY) and AeroVironment, Inc. (AVAV). 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
SAABY vs. AVAV - Dividend Comparison
SAABY's dividend yield for the trailing twelve months is around 0.55%, while AVAV has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
SAABY Saab AB (publ) | 0.55% | 0.72% | 0.85% | 1.33% | 2.22% | 0.00% | 0.00% |
AVAV AeroVironment, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SAABY vs. AVAV - Drawdown Comparison
The maximum SAABY drawdown since its inception was -34.43%, smaller than the maximum AVAV drawdown of -61.02%. Use the drawdown chart below to compare losses from any high point for SAABY and AVAV. For additional features, visit the drawdowns tool.
Volatility
SAABY vs. AVAV - Volatility Comparison
Saab AB (publ) (SAABY) has a higher volatility of 21.04% compared to AeroVironment, Inc. (AVAV) at 14.52%. This indicates that SAABY's price experiences larger fluctuations and is considered to be riskier than AVAV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
SAABY vs. AVAV - Financials Comparison
This section allows you to compare key financial metrics between Saab AB (publ) and AeroVironment, 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