SBR vs. CSIQ
Compare and contrast key facts about Sabine Royalty Trust (SBR) and Canadian Solar Inc. (CSIQ).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SBR or CSIQ.
Correlation
The correlation between SBR and CSIQ is 0.23, 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
SBR vs. CSIQ - Performance Comparison
Key characteristics
SBR:
0.08
CSIQ:
-0.71
SBR:
0.25
CSIQ:
-0.91
SBR:
1.03
CSIQ:
0.90
SBR:
0.06
CSIQ:
-0.63
SBR:
0.26
CSIQ:
-1.34
SBR:
6.78%
CSIQ:
39.24%
SBR:
21.51%
CSIQ:
73.68%
SBR:
-56.41%
CSIQ:
-96.02%
SBR:
-18.16%
CSIQ:
-82.07%
Fundamentals
SBR:
$917.18M
CSIQ:
$772.26M
SBR:
$6.49
CSIQ:
-$0.14
SBR:
0.00
CSIQ:
0.16
SBR:
$97.83M
CSIQ:
$6.11B
SBR:
$97.83M
CSIQ:
$1.06B
SBR:
$94.30M
CSIQ:
$544.92M
Returns By Period
In the year-to-date period, SBR achieves a -0.46% return, which is significantly higher than CSIQ's -56.16% return. Over the past 10 years, SBR has outperformed CSIQ with an annualized return of 13.84%, while CSIQ has yielded a comparatively lower -6.55% annualized return.
SBR
-0.46%
0.77%
2.58%
0.84%
20.03%
13.84%
CSIQ
-56.16%
-2.54%
-27.08%
-54.31%
-11.49%
-6.55%
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Risk-Adjusted Performance
SBR vs. CSIQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Sabine Royalty Trust (SBR) and Canadian Solar Inc. (CSIQ). 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
SBR vs. CSIQ - Dividend Comparison
SBR's dividend yield for the trailing twelve months is around 8.79%, while CSIQ has not paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Sabine Royalty Trust | 8.79% | 9.41% | 10.13% | 7.72% | 8.59% | 7.49% | 8.98% | 5.31% | 5.50% | 11.82% | 11.45% | 7.75% |
Canadian 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
SBR vs. CSIQ - Drawdown Comparison
The maximum SBR drawdown since its inception was -56.41%, smaller than the maximum CSIQ drawdown of -96.02%. Use the drawdown chart below to compare losses from any high point for SBR and CSIQ. For additional features, visit the drawdowns tool.
Volatility
SBR vs. CSIQ - Volatility Comparison
The current volatility for Sabine Royalty Trust (SBR) is 6.75%, while Canadian Solar Inc. (CSIQ) has a volatility of 21.31%. This indicates that SBR experiences smaller price fluctuations and is considered to be less risky than CSIQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
SBR vs. CSIQ - Financials Comparison
This section allows you to compare key financial metrics between Sabine Royalty Trust and Canadian 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