Chinese luxury electric vehicle maker Xpeng stock published its delivery numbers for August, indicating that it sold a total of 13,690 vehicles. While this marks a 43% increase year-over-year and a 24% increase over the prior month, the company’s growth and numbers still lag behind rivals such as Li Auto and Nio. For example, Li Auto stock delivered 34,914 vehicles for the month (a 7x increase over the last year), while Nio sold about 19,329 (81% year-over-year increase).
Interestingly, XPEV has had a Sharpe Ratio of 0.4 since early 2017, lower than 0.6 for the S&P 500 Index over the same period. This also falls short of the Sharpe of 1.3 for the Trefis Reinforced Value portfolio. Sharpe is a measure of return per unit of risk, and high-performance portfolios can provide the best of both worlds.
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