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TPIC vs. FSLR
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between TPIC and FSLR is 0.39, 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.


-0.50.00.51.0
Correlation: 0.4

Performance

TPIC vs. FSLR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TPI Composites, Inc. (TPIC) and First Solar, Inc. (FSLR). The values are adjusted to include any dividend payments, if applicable.

-100.00%0.00%100.00%200.00%300.00%NovemberDecember2025FebruaryMarchApril
-93.36%
183.54%
TPIC
FSLR

Key characteristics

Sharpe Ratio

TPIC:

-0.45

FSLR:

-0.39

Sortino Ratio

TPIC:

-0.24

FSLR:

-0.24

Omega Ratio

TPIC:

0.97

FSLR:

0.97

Calmar Ratio

TPIC:

-0.65

FSLR:

-0.37

Martin Ratio

TPIC:

-1.20

FSLR:

-0.64

Ulcer Index

TPIC:

54.24%

FSLR:

35.42%

Daily Std Dev

TPIC:

144.09%

FSLR:

57.74%

Max Drawdown

TPIC:

-99.13%

FSLR:

-96.22%

Current Drawdown

TPIC:

-98.86%

FSLR:

-56.15%

Fundamentals

Market Cap

TPIC:

$39.03M

FSLR:

$14.51B

EPS

TPIC:

-$4.43

FSLR:

$11.64

PEG Ratio

TPIC:

0.76

FSLR:

0.26

PS Ratio

TPIC:

0.03

FSLR:

3.45

PB Ratio

TPIC:

4.98

FSLR:

1.82

Total Revenue (TTM)

TPIC:

$1.04B

FSLR:

$3.41B

Gross Profit (TTM)

TPIC:

-$25.32M

FSLR:

$1.51B

EBITDA (TTM)

TPIC:

-$47.31M

FSLR:

$1.37B

Returns By Period

In the year-to-date period, TPIC achieves a -52.39% return, which is significantly lower than FSLR's -22.58% return.


TPIC

YTD

-52.39%

1M

-8.84%

6M

-73.54%

1Y

-63.57%

5Y*

-43.77%

10Y*

N/A

FSLR

YTD

-22.58%

1M

3.79%

6M

-30.40%

1Y

-23.12%

5Y*

27.38%

10Y*

8.07%

*Annualized

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Risk-Adjusted Performance

TPIC vs. FSLR — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TPIC
The Risk-Adjusted Performance Rank of TPIC is 2424
Overall Rank
The Sharpe Ratio Rank of TPIC is 2727
Sharpe Ratio Rank
The Sortino Ratio Rank of TPIC is 3131
Sortino Ratio Rank
The Omega Ratio Rank of TPIC is 3232
Omega Ratio Rank
The Calmar Ratio Rank of TPIC is 1111
Calmar Ratio Rank
The Martin Ratio Rank of TPIC is 2121
Martin Ratio Rank

FSLR
The Risk-Adjusted Performance Rank of FSLR is 3232
Overall Rank
The Sharpe Ratio Rank of FSLR is 3131
Sharpe Ratio Rank
The Sortino Ratio Rank of FSLR is 3131
Sortino Ratio Rank
The Omega Ratio Rank of FSLR is 3232
Omega Ratio Rank
The Calmar Ratio Rank of FSLR is 2929
Calmar Ratio Rank
The Martin Ratio Rank of FSLR is 3939
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

TPIC vs. FSLR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for TPI Composites, Inc. (TPIC) and First Solar, Inc. (FSLR). 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.


The chart of Sharpe ratio for TPIC, currently valued at -0.45, compared to the broader market-2.00-1.000.001.002.003.00
TPIC: -0.45
FSLR: -0.39
The chart of Sortino ratio for TPIC, currently valued at -0.24, compared to the broader market-6.00-4.00-2.000.002.004.00
TPIC: -0.24
FSLR: -0.24
The chart of Omega ratio for TPIC, currently valued at 0.97, compared to the broader market0.501.001.502.00
TPIC: 0.97
FSLR: 0.97
The chart of Calmar ratio for TPIC, currently valued at -0.65, compared to the broader market0.001.002.003.004.005.00
TPIC: -0.65
FSLR: -0.38
The chart of Martin ratio for TPIC, currently valued at -1.20, compared to the broader market-10.00-5.000.005.0010.0015.0020.00
TPIC: -1.20
FSLR: -0.64

The current TPIC Sharpe Ratio is -0.45, which is comparable to the FSLR Sharpe Ratio of -0.39. The chart below compares the historical Sharpe Ratios of TPIC and FSLR, 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-0.500.000.501.00NovemberDecember2025FebruaryMarchApril
-0.45
-0.39
TPIC
FSLR

Dividends

TPIC vs. FSLR - Dividend Comparison

Neither TPIC nor FSLR has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

TPIC vs. FSLR - Drawdown Comparison

The maximum TPIC drawdown since its inception was -99.13%, roughly equal to the maximum FSLR drawdown of -96.22%. Use the drawdown chart below to compare losses from any high point for TPIC and FSLR. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%NovemberDecember2025FebruaryMarchApril
-98.86%
-54.63%
TPIC
FSLR

Volatility

TPIC vs. FSLR - Volatility Comparison

TPI Composites, Inc. (TPIC) has a higher volatility of 37.52% compared to First Solar, Inc. (FSLR) at 21.05%. This indicates that TPIC's price experiences larger fluctuations and is considered to be riskier than FSLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


20.00%40.00%60.00%80.00%NovemberDecember2025FebruaryMarchApril
37.52%
21.05%
TPIC
FSLR

Financials

TPIC vs. FSLR - Financials Comparison

This section allows you to compare key financial metrics between TPI Composites, Inc. and First 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items