SLDP vs. NVDA
Compare and contrast key facts about Solid Power, Inc. (SLDP) and NVIDIA Corporation (NVDA).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SLDP or NVDA.
Correlation
The correlation between SLDP and NVDA is 0.40, 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
SLDP vs. NVDA - Performance Comparison
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Key characteristics
SLDP:
-0.35
NVDA:
0.79
SLDP:
-0.16
NVDA:
1.32
SLDP:
0.98
NVDA:
1.17
SLDP:
-0.31
NVDA:
1.17
SLDP:
-0.75
NVDA:
2.89
SLDP:
38.85%
NVDA:
14.99%
SLDP:
74.09%
NVDA:
59.98%
SLDP:
-93.46%
NVDA:
-89.72%
SLDP:
-90.83%
NVDA:
-9.27%
Fundamentals
SLDP:
$247.52M
NVDA:
$3.30T
SLDP:
-$0.50
NVDA:
$2.94
SLDP:
12.25
NVDA:
25.30
SLDP:
0.62
NVDA:
41.63
SLDP:
$20.20M
NVDA:
$104.45B
SLDP:
$1.66M
NVDA:
$77.45B
SLDP:
-$60.66M
NVDA:
$68.38B
Returns By Period
In the year-to-date period, SLDP achieves a -31.22% return, which is significantly lower than NVDA's 0.96% return.
SLDP
-31.22%
18.18%
27.45%
-25.71%
-46.63%
N/A
N/A
NVDA
0.96%
33.58%
-3.25%
46.64%
101.11%
72.26%
74.94%
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Risk-Adjusted Performance
SLDP vs. NVDA — Risk-Adjusted Performance Rank
SLDP
NVDA
SLDP vs. NVDA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Solid Power, Inc. (SLDP) and NVIDIA Corporation (NVDA). 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.
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Dividends
SLDP vs. NVDA - Dividend Comparison
SLDP has not paid dividends to shareholders, while NVDA's dividend yield for the trailing twelve months is around 0.03%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
SLDP Solid Power, 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% |
NVDA NVIDIA Corporation | 0.03% | 0.03% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% | 1.70% |
Drawdowns
SLDP vs. NVDA - Drawdown Comparison
The maximum SLDP drawdown since its inception was -93.46%, roughly equal to the maximum NVDA drawdown of -89.72%. Use the drawdown chart below to compare losses from any high point for SLDP and NVDA. For additional features, visit the drawdowns tool.
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Volatility
SLDP vs. NVDA - Volatility Comparison
Solid Power, Inc. (SLDP) has a higher volatility of 16.06% compared to NVIDIA Corporation (NVDA) at 11.79%. This indicates that SLDP's price experiences larger fluctuations and is considered to be riskier than NVDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
SLDP vs. NVDA - Financials Comparison
This section allows you to compare key financial metrics between Solid Power, Inc. and NVIDIA Corporation. 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