ARRY vs. NXT
Compare and contrast key facts about Array Technologies, Inc. (ARRY) and Nextracker Inc (NXT).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARRY or NXT.
Performance
ARRY vs. NXT - Performance Comparison
Returns By Period
In the year-to-date period, ARRY achieves a -62.08% return, which is significantly lower than NXT's -19.77% return.
ARRY
-62.08%
-5.49%
-50.92%
-58.26%
N/A
N/A
NXT
-19.77%
15.31%
-29.66%
-4.18%
N/A
N/A
Fundamentals
| ARRY | NXT | |
|---|---|---|
| Market Cap | $967.88M | $5.37B |
| EPS | -$0.98 | $4.00 |
| PEG Ratio | 0.35 | 2.51 |
| Total Revenue (TTM) | $982.19M | $2.80B |
| Gross Profit (TTM) | $275.52M | $1.01B |
| EBITDA (TTM) | -$14.72M | $726.32M |
Key characteristics
| ARRY | NXT | |
|---|---|---|
| Sharpe Ratio | -0.80 | -0.09 |
| Sortino Ratio | -1.16 | 0.36 |
| Omega Ratio | 0.87 | 1.04 |
| Calmar Ratio | -0.67 | -0.11 |
| Martin Ratio | -1.34 | -0.21 |
| Ulcer Index | 44.66% | 25.20% |
| Daily Std Dev | 74.29% | 61.68% |
| Max Drawdown | -88.85% | -48.61% |
| Current Drawdown | -87.52% | -38.27% |
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Correlation
The correlation between ARRY and NXT is 0.66, 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.
Risk-Adjusted Performance
ARRY vs. NXT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Array Technologies, Inc. (ARRY) and Nextracker Inc (NXT). 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
ARRY vs. NXT - Dividend Comparison
Neither ARRY nor NXT has paid dividends to shareholders.
Drawdowns
ARRY vs. NXT - Drawdown Comparison
The maximum ARRY drawdown since its inception was -88.85%, which is greater than NXT's maximum drawdown of -48.61%. Use the drawdown chart below to compare losses from any high point for ARRY and NXT. For additional features, visit the drawdowns tool.
Volatility
ARRY vs. NXT - Volatility Comparison
Array Technologies, Inc. (ARRY) has a higher volatility of 37.83% compared to Nextracker Inc (NXT) at 27.69%. This indicates that ARRY's price experiences larger fluctuations and is considered to be riskier than NXT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ARRY vs. NXT - Financials Comparison
This section allows you to compare key financial metrics between Array Technologies, Inc. and Nextracker 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