WAVE vs. MSCI
Compare and contrast key facts about Eco Wave Power Global AB (publ) (WAVE) and MSCI Inc. (MSCI).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WAVE or MSCI.
Key characteristics
| WAVE | MSCI | |
|---|---|---|
| YTD Return | 429.03% | 6.21% |
| 1Y Return | 242.20% | 14.59% |
| 3Y Return (Ann) | -0.85% | -3.17% |
| Sharpe Ratio | 0.99 | 0.55 |
| Sortino Ratio | 3.86 | 0.92 |
| Omega Ratio | 1.47 | 1.13 |
| Calmar Ratio | 2.56 | 0.47 |
| Martin Ratio | 9.18 | 1.38 |
| Ulcer Index | 26.33% | 10.97% |
| Daily Std Dev | 243.25% | 27.49% |
| Max Drawdown | -94.47% | -69.06% |
| Current Drawdown | -65.09% | -9.19% |
Fundamentals
| WAVE | MSCI | |
|---|---|---|
| Market Cap | $36.74M | $47.23B |
| EPS | -$0.32 | $15.23 |
| Total Revenue (TTM) | $281.92K | $2.80B |
| Gross Profit (TTM) | $241.50K | $2.30B |
| EBITDA (TTM) | -$1.80M | $1.69B |
Correlation
The correlation between WAVE and MSCI is 0.09, 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
WAVE vs. MSCI - Performance Comparison
In the year-to-date period, WAVE achieves a 429.03% return, which is significantly higher than MSCI's 6.21% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
WAVE vs. MSCI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eco Wave Power Global AB (publ) (WAVE) and MSCI Inc. (MSCI). 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
WAVE vs. MSCI - Dividend Comparison
WAVE has not paid dividends to shareholders, while MSCI's dividend yield for the trailing twelve months is around 1.08%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
WAVE Eco Wave Power Global AB (publ) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MSCI MSCI Inc. | 1.08% | 0.98% | 0.98% | 0.59% | 0.65% | 0.98% | 1.30% | 1.04% | 1.27% | 1.11% | 0.38% |
Drawdowns
WAVE vs. MSCI - Drawdown Comparison
The maximum WAVE drawdown since its inception was -94.47%, which is greater than MSCI's maximum drawdown of -69.06%. Use the drawdown chart below to compare losses from any high point for WAVE and MSCI. For additional features, visit the drawdowns tool.
Volatility
WAVE vs. MSCI - Volatility Comparison
Eco Wave Power Global AB (publ) (WAVE) has a higher volatility of 39.77% compared to MSCI Inc. (MSCI) at 6.66%. This indicates that WAVE's price experiences larger fluctuations and is considered to be riskier than MSCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
WAVE vs. MSCI - Financials Comparison
This section allows you to compare key financial metrics between Eco Wave Power Global AB (publ) and MSCI 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