TPIC vs. FSLR
Compare and contrast key facts about TPI Composites, Inc. (TPIC) and First Solar, Inc. (FSLR).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TPIC or FSLR.
Correlation
The correlation between TPIC and FSLR is 0.41, 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
TPIC vs. FSLR - Performance Comparison
Key characteristics
TPIC:
-0.40
FSLR:
0.03
TPIC:
-0.06
FSLR:
0.45
TPIC:
0.99
FSLR:
1.05
TPIC:
-0.56
FSLR:
0.03
TPIC:
-1.32
FSLR:
0.06
TPIC:
41.92%
FSLR:
26.51%
TPIC:
137.36%
FSLR:
52.91%
TPIC:
-98.48%
FSLR:
-96.22%
TPIC:
-98.20%
FSLR:
-47.77%
Fundamentals
TPIC:
$67.54M
FSLR:
$17.40B
TPIC:
-$0.15
FSLR:
$11.60
TPIC:
0.76
FSLR:
0.24
TPIC:
$989.64M
FSLR:
$2.69B
TPIC:
-$51.91M
FSLR:
$1.29B
TPIC:
-$63.41M
FSLR:
$1.27B
Returns By Period
In the year-to-date period, TPIC achieves a -24.87% return, which is significantly lower than FSLR's -7.80% return.
TPIC
-24.87%
-8.97%
-63.78%
-48.18%
-44.21%
N/A
FSLR
-7.80%
-15.75%
-27.01%
6.04%
26.40%
12.76%
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Risk-Adjusted Performance
TPIC vs. FSLR — Risk-Adjusted Performance Rank
TPIC
FSLR
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.
Dividends
TPIC vs. FSLR - Dividend Comparison
Neither TPIC nor FSLR has paid dividends to shareholders.
Drawdowns
TPIC vs. FSLR - Drawdown Comparison
The maximum TPIC drawdown since its inception was -98.48%, 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.
Volatility
TPIC vs. FSLR - Volatility Comparison
TPI Composites, Inc. (TPIC) has a higher volatility of 26.34% compared to First Solar, Inc. (FSLR) at 11.61%. 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.
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.
Total Revenue: Total amount of money received from sales and other business activities